Ford Motor Co has dissolved its stake in Velodyne Lidar Inc, a maker of sensors utilized in self-driving automobiles, in accordance with a regulatory submitting on Monday.As of Sept. 30, Ford had a passive stake of seven.6% or 13.07 million shares in Velodyne.
Velodyne is one in all a number of corporations vying to produce automakers with lidar, a sensor that generates a three-dimensional map of the street forward.
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