Cepton, Inc. (NASDAQ: CPTN) Advances Lidar Solutions Enabling Automatic Emergency Braking, NHTSA Pushes for New Rules
Automatic Emergency Braking (“AEB”) uses sensors to monitor and detect obstacles and apply the brakes to either prevent the collision or reduce impact severity The Insurance Institute for Highway Safety (“IIHS”) conducted a study revealing that AEB with pedestrian detection was associated with a 29%-30% reduction in pedestrian injury crash risk The U.S. Department of Transportation’s National Highway Traffic Safety Administration (“NHTSA”) recently announced a Notice of Proposed Rulemaking requiring AEB on all new passenger cars and light trucks Cepton’s Vista(R)-X90 Plus is billed as the “world’s smallest” lidar with extensive integration capabilities allowing manufacturers to seamlessly embed the system…