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Nio Inc’s (NYSE: NIO) LiDAR supplier Innovusion believes radar-based technology is the key for Chinese car companies to overtake bigger rival and electric vehicle segment disruptor Tesla Inc (NASDAQ: TSLA), according to a cnEVpost report. What Happened: Bao Junwei, CEO of Innovusion, said LiDAR technology could provide rival automakers key leverage as Tesla focuses on the vision-based technology instead.
...read full article on Benzinga
