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MBGYY Mercedes Benz Group AG (PK)

17.25
0.31 (1.83%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Mercedes Benz Group AG (PK) USOTC:MBGYY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.31 1.83% 17.25 17.00 17.50 17.27 17.0914 17.10 420,877 21:04:15

Luminar, Mercedes-Benz Expand Partnership to Formula One

09/01/2024 8:42pm

Dow Jones News


Mercedes Benz (PK) (USOTC:MBGYY)
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By Will Feuer

 

Luminar said it is expanding its partnership with Mercedes-Benz to integrate Luminar's LiDAR technology into the Mercedes-AMG PETRONAS F1 team's official FIA F1 safety car.

The new technology has the ability to detect still and moving objects at high speeds and under wide ranging conditions, the companies said. They will work together to integrate Luminar's technology into the roofline of the Mercedes-AMG GT Black Series.

Luminar said it has also developed new software features, including a fully automated valet-parking feature, that taps the company's LiDAR technology.

 

Write to Will Feuer at Will.Feuer@wsj.com

 

(END) Dow Jones Newswires

January 09, 2024 15:27 ET (20:27 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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