Innoviz said it won a contract to supply LiDAR sensors and perception software to CARIAD for VW Group brands ADAS systems.
This is Innoviz’s third design win with a major automaker and first deal as a Tier-1 supplier.
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The deal updated its forward order book to US$6.6 billion in value.
“We are thrilled to work with the CARIAD team and be a supplier of LiDAR sensors and perception software to support safe mobility for vehicles launching from the middle of the decade,” said Innoviz CEO and co-founder, Omer Keilaf in a statement.
