Innoviz receives 'several hundred unit' Lidar order from OEM

Delivery to unnamed auto firm will be throughout 2023, starting in second quarter
By Adam Hill April 11, 2023 Read time: 1 min
Innoviz hopes this latest deal is the precursor to a fifth series production award (© Ssuaphoto | Dreamstime.com)

Innoviz Technologies has received "a several hundred unit purchase order from a commercial vehicle original equipment manufacturer" for its InnovizTwo Lidar.

The order will be delivered to the unnamed OEM throughout 2023, beginning in the second quarter. 

"We have significantly improved InnovizTwo manufacturing yields and output, allowing us to deliver higher targeted volumes at a faster pace," said Omer Keilaf, Innoviz CEO and co-founder.

Innoviz currently has four series production awards, including automotive platforms with Volkswagen, BMW, and an Asia-based electric vehicle OEM, along with a Level 4 autonomous shuttle programme "with a leading Tier 1 automotive supplier".  

The company hopes this latest deal is the precursor to a fifth series production award.

Innoviz recently announced a new office and expanded team in Munich, Germany.

Detection, Monitoring & Machine Vision

For more information on companies in this article

Related Content

  • Techrules establishes key partnerships for TREV system
    March 14, 2018
    Chinese automotive research and design company Techrules has established key strategic partnerships to develop its Turbine-Recharging Electric Vehicle (TREV) technology. It has signed a memorandum of understanding with supplier of rail transit equipment subsidiary CRRC Times Electric (TEC) at the Geneva Motor Show. Through the agreement, TREV will be developed for use in TEC’s Autonomous Rail Rapid Transit transportation system. The innovation’s weight-saving and range-extending capabilities are said to
    Read More
  • Integrate systems to reduce roadside infrastructure
    January 27, 2012
    David Crawford reviews promising current developments. Instrumentation of the road infrastructure has grown to become one of the most dynamic sectors of the ITS industry. Drivers for its deployment include global concerns over the commercial and environmental pressures of traffic congestion, the importance of keeping drivers informed throughout their journeys, and the need to reduce accident rates and promote the safety of all road users, for example by enforcing traffic safety rules.
    Read More
  • Zoomo adds Vok and Fernhay to platform
    December 7, 2023
    Deal involves financing vehicles with full maintenance and fleet management software
    Read More
  • Trafficware: Digitised transport tech ‘is the new asphalt’
    April 16, 2019

    Trafficware provides the tech to manage intersections all over the world. Colin Sowman asks CEO Jon Newhard about the ‘questions behind the questions’

    Last year, Trafficware CEO Jon Newhard negotiated the company’s acquisition by Cubic Corporation and now serves as general manager of Trafficware within Cubic’s Transportation Systems business unit.

    Read More

Highlighted Content