Innoviz receives $4B lidar order from VW's CARIAD

Innoviz revealed a $4 billion order from Volkswagen Group's CARIAD for its InnovizTwo lidar sensors, to be used across several VW brands. The order was disclosed during Innoviz's first-quarter earnings call in May 2022.

“During its first-quarter earnings call in May 2022, Israeli lidar firm Innoviz revealed one of the biggest automotive production design wins to date, a $4 billion order for its next-generation sensors.”lidar-insighter.com

• 1 source
• lidar-insighter.comVW's CARIAD has been confirmed as a customer for InnovizTwo LidarJames DavisSep 11, 2022

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