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Story summary
- China's electric vehicle manufacturers will launch lidar-based intelligent driving systems in models priced as low as 60,000 yuan (US$8,795) in 2026.
- This price point is the lowest for such technology in China, excluding mini vehicles.
- The average price of automotive lidar sensors fell from US$80,000 in 2016 to US$200 by 2025, enabling Chinese firms to surpass US companies in market leadership.
