Israeli lidar startup Innoviz will supply its lidar sensors and perception software to all vehicles with self-driving capabilities under the Volkswagen Group brands, the company said on Tuesday.
Innoviz will work directly with Cariad SE, VW’s automotive software company, to integrate its technology into future VW vehicles.
The partnership with VW is Innoviz’s third design win with a Tier 1 supplier. In April, BMW has announced that Innoviz lidar will be installed on 2023 BMW i7 electric vehicles.and last May Innoviz has been selected by another unnamed Tier 1 vehicle supplier for its autonomous shuttle program..
VW has yet to reveal which models will be first built using Innoviz technologies, but the automaker is taking several steps to expand its advanced driver assistance systems (ADAS) and autonomous driving capabilities. Earlier this year, Cariad and Bosch team up to develop automated driving software for use in VW vehicles, and in May VW chooses Qualcomm’s Snapdragon Ride platform to power its ADAS and automated driving.
Innoviz says the VW program, which brings with it a promising $4 billion order book, boosts the startup’s total estimated sales to $6.6 billion.
Innoviz says it can achieve high levels of performance, up to 300 meters of visual range, at low cost using a 905 nanometer (nm) laser. Velodyne, a lidar competitor, also uses a 905nm laser and claims it can operate up to 300 meters. However, the highest performance Velodyne lidar is 128 lines at up to 20 fps. By comparison, Innoviz has 600 lines at up to 20 frames per second, the company says.
Calaf says Velodyne’s prices are in the thousands of dollars, while Innoviz’s are in the hundreds. TechCrunch was unable to confirm spending with Velodyne.
“What really sets Innoviz and this deal apart is that we won the deal as a Tier 1 supplier,” Kailaf told TechCrunch. “Innoviz is the only lidar manufacturer to receive this title. This signals a major change — not just for Innoviz, but for the entire automotive industry — in how automakers partner with their technology providers. As a Tier 1 supplier, we benefit from direct access to OEMs as well as higher margins and profits.”
Credit: techcrunch.com /