Automotive
1 min read
Ford Dissolves Its 7.6% Stake In Velodyne Lidar
Ford Motor Co has dissolved its stake in Velodyne Lidar Inc, a maker of sensors used in self-driving cars, according to a regulatory filing on Monday. As of Sept. 30, Ford had a passive stake of 7.6% or 13.07 million shares in Velodyne. Velodyne is one of…