Complete reverse of typical Silicon Valley terms. If a LIDAR failure causes a car crash, the supplier pays. In the event that any goods fail to conform to the warranties set forth in this Contractor the product specifications incorporated by reference in this Contract, or if Seller otherwise breaches any of its obligations under this Contract, Buyer will be entitled to recover from Seller any and all damages, including, without limitation, any direct, indirect, incidental and consequential damages and all legal and other professional fees and costs incurred by Buyer as a result of such breach or failure, including, without limitation, costs, expenses and losses incurred by Buyer. Yes, the parts supplier is on the hook for warranty costs during the warrantied life of the vehicle. (b) expiration of any warranty applicable to the goods provided by Buyer to Buyer’s end customer for the vehicle into which the goods are incorporated. Unless otherwise set forth in this Contract, the duration of the warranty provided by Seller to Buyer for the goods will begin on the date of receipt of the goods by Buyer and end on the later of. In addition, Seller acknowledges that Seller knows of Buyer’s intended use of the goods covered by this Contract and warrants and guarantees that such goods have been selected, designed, manufactured or assembled by Seller based upon Buyer's stated use and will be fit and sufficient for the particular purposes intended by Buyer. "Seller warrants and guarantees that the goods covered by this Contract will conform to all specifications, drawings, samples, descriptions and quality standards (i) furnished by Buyer, or (ii) furnished by Seller and approved by Buyer in writing, and will be merchantable, of good material and workmanship and free from defect. Here's what a major auto company demands of its suppliers: Silicon Valley companies are used to being able to sell things with essentially no warranty. Auto parts companies get hammered on price by automakers. In the end, they're an auto parts company. Delphi seems to be taking a similar position. They will sell you an expensive prototype if you want one. Continental is an auto parts maker, and they do volume products only. Continental put that product on hold because nobody wanted to order a few hundred thousand of them. Continental bought Advanced Scientific Concepts, which had expensive solid-state LIDAR working well. ![]() There are lots of other cheap LIDAR real soon now companies. ![]() Possibly with some steering on the vertical axis to deal with hills. 120 degree horizontal field of view, 30 degree vertical. Their 2022 product seems to be yet another rotating scanner. Here's a list of the top players in automotive LIDAR: Delphi Automotive, Continental, ZF Friedrichshafen, Infineon Technologies, Velodyne Lidar, Texas Instruments Incorporated, First Sensor. The investors are putting in $570 million. I'm all in favor of LIDAR, but I don't see what makes this company worth $3.4 billion as a public company.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |