[ad_1]
Volkswagen Group has been using the technology company’s components such as laser-based lidar sensors for advanced driver assistance systems (ADAS) and autonomous vehicles since the middle of the decade.
Volkswagen to buy self-driving software and hardware from Israel’s Innoviz Technology for $4 billion The agreement signed by Volkswagen CARIAD Technologies Group with Innoviz will see the Volkswagen Group use laser-based lidar sensors for advanced driver assistance systems (ADAS) and autonomous vehicles from the middle of the decade.
Innoviz CEO and Co-Founder Omer Kaylaf said in a statement that the group is excited to work with the CARIAD team and become a supplier of LiDAR sensors and cognitive software for vehicles starting mid-decade. “Carid is a leading player in transforming the entire automotive space. We are proud to be a part of their mission,” Khelaf was quoted as saying in the Casscopes report.
(Also Read | Volkswagen Partners With Tesla Co-Founder For EV Battery Recycling)
The Israeli technology company claims that its sophisticated LiDAR and cognitive software can see better as it reduces the chances of error compared to a human driver. He added that he also has a lidar agreement with BMW. Keilaf said the company is hiring a third-party contractor to manufacture the lidar sensors.
(Also Read | Volkswagen China Unveils First Flying Passenger Drone Prototype)
Volkswagen’s CARIAD has signed a series of technical partnerships, including Bosch, Qualcomm and STMicroelectronics. Volkswagen previously invested $2.6 billion in US startup Argo AI as part of the transfer of the auto major’s European self-driving unit to Argo. Volkswagen announced months ago that it will use Qualcomm chips for the autonomous vehicles it plans to develop.
Date of first publication: 08 Aug 2022, 12:47 pm IST
[ad_2]
Source link
