Argo AI, the Pittsburgh-based self-driving start-up funded by Ford Motor Company (NYSE: F) and Volkswagen AG (OTC: VWAGY), announced that it has developed a new lidar sensor system with enough range to enable self-driving on highways. Argo said that it believes its new lidar system's sensing range of 400 meters is the longest in the industry. It's enough, the company said, to assure that dark objects can be safely detected at highway speeds -- an important breakthrough that has so far eluded other developers. The technology also provides what Argo described as "ultra-high-resolution perception," meaning that it can quickly identify small objects that could be road hazards, even in complex urban settings. Argo AI's new proprietary lidar sensors will allow safe self-driving on highways and in cities, the company said on Tuesday. Image source: Argo AI. CEO Bryan Salesky said that the new lidar system takes Argo "to a whole new level of self-driving technology," enabling safe self-driving for delivery and ride-hailing services. The company is working closely with Ford and Volkswagen on a series of self-driving vehicles. Those include a commercial vehicle based on Ford's Escape Hybrid SUV that will be used in a delivery service that Ford expects to launch next year, and a self-driving VW taxi due in 2025. Argo said that the system's development was enabled by its 2017 acquisition of lidar maker Princeton Lightwave, and specifically by former Princeton employees now working for Argo. 10 stocks we like better than FordWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Ford wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of February 24, 2021 John Rosevear owns shares of Ford. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source