Innoviz, a developer of light detection and ranging technologies for computer vision and autonomous vehicles, is getting a toehold in China, the world’s fastest growing auto market, through a partnership with the Chinese automotive supplier HiRain Technologies. From offices in Beijing, Chicago, Detroit, Shanghai, Tianjin HiRain serves as a global supplier to some of China’s largest automakers and has already been a gateway to success for another Israeli company developing sensing technology for vehicle manufacturers — Mobileye . That company has half of its business coming from China and has won 9 of its supplier agreements with different automakers in the country through its HiRain partnership, according to people with knowledge of the company. For the three year old Innoviz, the opportunity to expand its list of suppliers to include one of China’s leaders was too good of an opportunity to pass up, said chief executive officer Omer Keilaf. “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.
Israeli Autonomous Technology Developer Innoviz Is Entering China’s Car Market
Jonathan Shieber, TechCrunch
Wed, 06/06/2018 - 3:34am
Topics: technologies beijing chicago detroit shanghai tianjin hirain israeli mobileye the hirain it s aptiv magna international samsung u.s europe lidar yingcun ji faw group dongfeng motor geely tencent alibaba baidu nio wm motor xiaopeng behind hirain oem we level full uber tesla it founded china hirain i innoviz keilaf china chinese the lidar motors developer car market autonomous technology company autonomy automakers country year expand systems statement development largest world advanced programs future early
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