Wednesday, February 20th | 15 Adar I 5779

June 6, 2018 9:12 am

Innoviz Partners With HiRain to Supply Lidar to Chinese Automakers

avatar by Reuters and Algemeiner Staff

Email a copy of "Innoviz Partners With HiRain to Supply Lidar to Chinese Automakers" to a friend

An ad about Innoviz and HiRain partnering to bring high performance LiDAR to Chinese automotive OEMs. Photo: Innoviz.

Israel’s Innoviz Technologies and Beijing-based auto products supplier HiRain Technologies said on Wednesday they formed a partnership to provide Innoviz’s laser-based sensors to Chinese automakers.

The sensors, known as lidar, are seen by most experts as a crucial element for full self-driving cars.

In April Innoviz signed a deal together with partner Magna International to supply lidar to BMW.

“China is helping lead the way towards the autonomous vehicle future, and HiRain is one of the most influential companies in the Chinese automotive industry,” Innoviz CEO Omer Keilaf said.

Related coverage

February 20, 2019 3:52 pm

Israel’s Fourth-Quarter Profit Up, Sees 25% Revenue Growth in 2019, which helps small businesses build and operate websites, posted higher-than-expected fourth-quarter profit and forecast a 25 percent rise in...

Founded in 2016, Innoviz has raised $82 million from investors including Aptiv, Magna and Samsung Catalyst.

Israel has become a leader in self-driving technologies.

Share this Story: Share On Facebook Share On Twitter Email This Article

Let your voice be heard!

Join the Algemeiner