Startups steer autonomous vehicle industry

Flush with cash and big on ideas, new players are fast 'unbundling' the auto sector

20180227_toyota autonomous car

Toyota Motor uses Luminar Technologies' sensor in its latest trial car.

KAZUYUKI OKUDAIRA, Nikkei senior staff writer

TOKYO -- Startups are fast entering the auto industry in the areas of autonomous driving and other next-generation vehicle technology as the sector enters a new era.

These new players are reshaping the industry, a process known as "unbundling," which the telecommunications and information technology industries have already undergone.

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