Innoviz emerged as a Tier 1 LiDAR supplier for OEMs in late 2022, specifically for the Volkswagen Group. Penetrating the somewhat closed supply chain relationships between automotive OEMs and traditional Tier 1 suppliers is challenging and makes it a significant milestone for Innoviz. As levels of autonomy increase in cars and sensing and compute requirements challenge the capabilities of traditional Tier 1 suppliers, OEMs are increasingly working directly with semiconductor and optics companies for the supply of these critical technologies. Direct relationships between these suppliers and Volkswagen’s design, quality and procurement teams create transparency and bring significant efficiencies in costs, time and integration smoothness.
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