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Mobileye To Use Innoviz Technologies' LiDARs For Its Mobileye Drive AV Platform

Benzinga ·  Dec 11, 2024 21:12

The agreement will see Mobileye integrate Innoviz LiDARs into its autonomous vehicle platform for testing and deployment with key customers

  • Mobileye Drive platform for autonomous driving has been adopted by significant vehicle producers globally, including VW Commercial Vehicles, Schaeffler / VDL, Holon, and Verne
  • The use of state-of-the-art Innoviz LiDARs for this generation of the Mobileye Drive platform enhances scalability and reduces complexity across these and potential future customers
  • Start of Production will commence in 2026

JERUSALEM and TEL AVIV, Israel, Dec. 11, 2024 /PRNewswire/ -- Mobileye (NASDAQ:MBLY), a global leader in autonomous and driver-assistance technologies, and Innoviz Technologies Ltd. (NASDAQ:INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive-grade LiDAR sensors and perception software, announced today that Mobileye will use Innoviz's LiDARs for the Mobileye Drive platform. This showcases the flexibility of Innoviz's LiDARs to work across a variety of vehicle platforms to further testing and deployment of autonomous vehicles.

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