Luminar and Mercedes-Benz Announce Broad Deal Across Next-Generation Production Vehicle Lines

ORLANDO, Fla. & STUTTGART, Germany--(BUSINESS WIRE)--Luminar (Nasdaq: LAZR), a leading global automotive technology company, announced today a sweeping expansion of its partnership with Mercedes-Benz to safely enable enhanced automated driving capabilities across a broad range of next-generation production vehicle lines as part of the automaker’s next-generation lineup. After two years of close collaboration between the two companies, Mercedes-Benz now plans to integrate the next generation of Luminar’s Iris lidar and its associated software technology across a broad range of its next-generation production vehicle lines by mid-decade. Mercedes-Benz AG at a glanceMercedes-Benz AG is responsible for the global business of Mercedes-Benz Cars and Mercedes-Benz Vans, with over 170,000 employees worldwide. Ola Källenius is Chairman of the Board of Management of Mercedes-Benz AG. These forward-looking statements include, but are not limited to, statements regarding our expectations that our deal with Mercedes-Benz will lead to series production on a broad range of next-generation production vehicle lines of Mercedes-Benz, that Mercedes Benz will launch a SAE Level 3 conditionally automated driving system on consumer vehicles.