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Faraday Future signs Velodyne as exclusive lidar supplier for luxury EV

Mark White by Mark White
August 26, 2021
in Suppliers
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Faraday Future’s luxury electric car FF91 is seen at the company’s headquarters in Gardena, California, U.S. November 21, 2019. REUTERS/Lucy Nicholson

April 29 (Reuters) – Faraday Future has selected Velodyne Lidar Inc (VLDR.O) as an exclusive supplier for its flagship luxury electric car FF 91, which is due to be launched next year, the sensor maker said on Thursday.

Lidar, which stands for light detection and ranging, is a remote sensing system that generates a three-dimensional map of the road ahead for vehicles and also helps with applications such as augmented reality in smart devices.

San Jose, California-based Velodyne, an early entrant into the lidar market, said Faraday’s FF 91 cars would use the Velarray H800 lidar sensors to power their autonomous driving system.

The deal comes days after the sensor maker signed a multi-year sales agreement with Silicon Valley self-driving startup Gatik, to use its lidar technology in on-road transportation networks.

Faraday Future, which agreed to be taken public by the blank-check firm Property Solutions Acquisition Corp (PSAC.O) in January, initially planned to launch its FF 91 car in 2019. However, it faced multiple production delays owing to financing issues.

The Los Angeles-based electric vehicle maker now plans to launch the FF 91 within 12 months of closing its merger with Property Solutions.

Reporting by Nilanjana Basu in Bengaluru; Editing by Ramakrishnan M.

Our Standards: The Thomson Reuters Trust Principles.



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Mark White

Mark White

Mark White is the editor of the ProcurementNation, a Media Outlet covering supply chain and logistics issues. He joined The New York Times in 2007 as an commodities reporter, and most recently served as foreign-exchange editor in New York.

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