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Lidar-maker Luminar files for bankruptcy from The Verge - All Posts RSS feed.

Lidar-maker Luminar files for bankruptcy

Luminar, the lidar manufacturer that rode a wave of self-driving car hype to land deals with major automakers like Volvo and Mercedes-Benz, filed for bankruptcy Monday. The company has been mired in a legal fight with its founder and former CEO, Austin Russell, who was ousted earlier this year following an ethics inquiry. As part […]