Garmin's (or Lidarlite acquired) is a single point reader which is very restrictive for many applications.
Sometime back Quanergy made the same splash that Velodyne is making now. When you talk to them, their price points are very high, compared to what they were talking about in their press release.
I am still waiting for a decent Lidar unit that is dependable, and costs < $500 (with > 1k points per second spread across the sphere).