Innoviz will supply its new era, highly developed sensor referred to as Innoviz 2 for set up in future styles of Audi, Skoda, Seat, and Volkswagen autos.


Israeli lidar vehicle sensors Innoviz Technologies Ltd. (Nasdaq: INVZ) has reported that it has signed a strategic settlement with Volkswagen. The organization claimed that it will supply lidar sensors to Volkswagen’s CARIAD division, which is engaged in procuring, acquiring and setting up highly developed know-how components in VW Group’s motor vehicles.

Innoviz will supply its new generation, state-of-the-art sensor referred to as Innoviz 2 for set up in future styles of Audi, Skoda, Seat, and Volkswagen motor vehicles and more manufacturers in the team. This is Innoviz’s 3rd strategic offer and its first offer was with BMW.




Similar Posts




Israeli autotech companies crash in New York



Carmaker selects Innoviz for $4b laser sensor deal







With its third design and style earn, Innoviz’s forward-looking order ebook was up-to-date to $6.6 billion.

Innoviz cofounder and CEO Omer Keilaf said, “We are thrilled to do the job with the CARIAD team and be a supplier of LiDAR sensors and perception software to support protected mobility for motor vehicles launching from the middle of the decade. CARIAD is a primary player in the transformation of the full automotive area.”

Innoviz’s share selling price is up 20% on Nasdaq at $4.79, giving a current market cap of $642.75 million.

Printed by Globes, Israel organization news – en.globes.co.il – on August 2 2022.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.



Dubi Ben Gedalayahu and Shiri Habib-Valdhorn
More Stories
Vidyard Report Reveals Sales Teams Using Video Have Increased Response Rates, Reduced Deal Cycles
How to Make an Effective Sales Rollout Plan with Video
2021 Video in Business Awards Winners Announced