While 2022 continues to add to the challenges electric vehicle (EV) makers face, markets are still growing. Indeed, electric car sales for the first half of 2022 reached ~3.5 million, according to IDTechEx research.

The automotive industry and many robotics start-ups have been promising that autonomous cars are just a couple of years away for many years now. It feels like this "just a couple of years" has been perpetually kicked down the road, with only incremental gains each time. However, Cruise, the robotaxi arm of General Motors, has recently been given approval to start charging passengers in San Francisco. So, is this an enormous leap forward for robotaxis, or just another incremental gain?

With the ever-increasing interest in Advanced Driver Assistance Systems (ADAS) and autonomous vehicles, adopting Light Detection and Ranging (Lidar) is an important decision to reach higher vehicle autonomy and better safety. The lidar market for automotive applications will grow to US$8.4 billion by 2033, according to IDTechEx report "Lidar 2023-2033: Technologies, Players, Markets & Forecasts".