Daimler Truck and Torc Robotics Select Innoviz Technologies as LiDAR Partner for Series Production of Level 4 Autonomous Trucks
Innoviz Technologies Ltd. (NASDAQ: INVZ) (the “Company” or “Innoviz”), a leading Tier-1 direct supplier of high-performance, automotive-grade LiDAR sensor platforms and complementary software stack, announced today that Daimler Truck, one of the world’s leading commercial vehicle manufacturers and Torc Robotics, a subsidiary of Daimler Truck, have selected Innoviz as its Short-Range LiDAR supplier for series production SAE Level 4 autonomous Class 8 semi-trucks. This announcement follows Innoviz’s previous disclosure that a major commercial vehicle OEM had selected the company for future series production of Level 4 autonomous trucks, now revealed to be Daimler Truck. Innoviz will supply its InnovizTwo Short-Range LiDAR sensors to support Daimler Truck and Torc Robotics’ autonomous commercial vehicle program. As part of a joint development effort, the companies will collaborate to advance the sensors for commercial trucking applications.