The investment in automation at Velodyne’s Megafactory is beginning to produce results. Yesterday they announced up to a 50 percent reduction in the cost of the VLP – 16 Puck, their most popular sensor, to $4,000.
“Demand for our VLP-16s grew tremendously in 2017. As a result, we increased capacity and now can pass along savings as cost reduction to our customers,” said David Hall, Founder and CEO, Velodyne LiDAR. “We want to make 2018 a year of optimism for the autonomous vehicle, especially as the first waves of robocabs hit the road. Our goal is the democratization of transportation safety by making it accessible to every man, woman, and child in the world as quickly as possible.”
As noted by Hall, the Megafactory has established a business case for US-based production, because even as automation has increased, so has hiring as the company invests heavily in automation and the skilled support staff that it requires.