PARIS: French car parts company Valeo has won €500mil (RM2.33bil) worth of orders for its 'Lidar' car sensor products, Valeo executive Marc Vrecko told Reuters in an interview, highlighting the potential growth of Lidar.
"Those €500mil (RM2.33bil) of orders with four major global auto groups will probably eventually represent between €1bil (RM4.66bil) to €1.5bil (RM6.99bil) worth of recurring business," said Vrecko.
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