![[Innoviz in Businesswire] Volkswagen provide win will ship Innoviz to the highest in response to technique analytics LiDAR market share estimates](https://blog.ourcrowd.com/wp-content/uploads/2021/11/business_wire-web.png "[Innoviz in Businesswire] Volkswagen provide win will ship Innoviz to the highest in response to technique analytics LiDAR market share estimates")
BOSTON–(BUSINESS WIRE)–On August 2nd, 2002, CARIAD, the software program division of the Volkswagen Group, introduced it chosen Innoviz and its InnovizTwo sensor to be its LiDAR of alternative for ADAS (Superior Driver Help Techniques) and autonomous driving, in a deal price $4 billion over 8-10 years. Subsequently, Technique Analytics, in its first market share estimates on automotive high-resolution LiDAR sensors, predicts that Innoviz will turn out to be a market chief when the primary deployments are made by Volkswagen within the mid-2020s. The Autonomous Automobile Service (AVS) service has printed the report, Innoviz-Volkswagen CARIAD Deal: Second Wave of Excessive-Decision LiDAR Deployments, which explains the explanations behind this.
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