Lidar and perception startup Innoviz raises $132 million

Innoviz, the Israel-based startup developing solid-state lidar sensors and perception software for autonomous vehicles, has raised $132 million in a Series C funding round that includes major Chinese financial institutions. The round, which makes Innoviz one of the better capitalized lidar startups, includes China Merchants Capital (SINO-BLR Industrial Investment Fund, L.P.), Shenzhen Capital Group and… Continue reading Lidar and perception startup Innoviz raises $132 million

Innoviz Technologies Raises $132M in Series C Funding to Accelerate Solid-State LiDAR Production, Expand Team and Further R&D Efforts

This significant raise will support Innoviz’s commercialization of its leading InnovizPro and InnovizOne solid-state LiDAR solutions and address growing demand for cutting-edge autonomous vehicles (AV) technologies worldwide. View a live demonstration of Innoviz’s solid-state LiDAR solution in action here. The company is focusing expansion efforts in key automotive markets including the U.S., Europe, Japan and… Continue reading Innoviz Technologies Raises $132M in Series C Funding to Accelerate Solid-State LiDAR Production, Expand Team and Further R&D Efforts

VinFast tests its first 155 Lux cars abroad – http://en.vietnamplus.vn/

Hanoi (VNA) – The first batch of VinFast Lux cars have shipped to 14 countries in four continents for quality and safety tests. The testing process will last from now to August 2019, ensuring all VinFast products meet the high standards of Europe and the world before being sold on the market. A total of… Continue reading VinFast tests its first 155 Lux cars abroad – http://en.vietnamplus.vn/

VinFast Launches Limited Edition Lux SUV in Switzerland – Business Insider

HANOI, VIETNAM – Media OutReach – 6 March 2019 – VinFast will introduce its first luxury SUV at the Geneva Motor Show 2019 in Switzerland from March 7-17. Equipped with the powerful 6.2-litre V8 and outstanding interior and exterior upgrades, the newly-launched VinFast Lux V8 has quickly attracted the attention of international experts and media.   VinFast Lux… Continue reading VinFast Launches Limited Edition Lux SUV in Switzerland – Business Insider

VinFast Completes The First Trial Production Of Lux SUV – Viet Nam News

VIETNAM, HANOI – Media OutReach – 11 March 2019 – On March 6 in the northern city of Hải Phòng, the first VinFast Lux SA2.0 car rolled off the assembly line, marking the success of the “made in Vietnam” commercial automobile production test. The Lux SA2.0 vehicle has a beautiful design and powerful performance. It is… Continue reading VinFast Completes The First Trial Production Of Lux SUV – Viet Nam News

VinFast launches limited edition Lux SUV in Switzerland – Viet Nam News

Viet Nam News HÀ NỘI — VinFast will introduce its first Lux SUV model at the Geneva Motor Show 2019 in Switzerland, one of the most exciting displays of auto engineering and design in the world, from March 7-17. Being equipped with a powerful 6.2-litre V8 engine and outstanding interior and exterior, the new VinFast… Continue reading VinFast launches limited edition Lux SUV in Switzerland – Viet Nam News

UPDATE 3-BMW could shift some UK engine, Mini output if no orderly Brexit

GENEVA (Reuters) – BMW could move some production of engines and its Mini model out of Britain if the country does not secure an orderly departure from the European Union, the German carmaker said on Tuesday, in the latest Brexit warning from the auto industry. Britain, the world’s fifth-largest economy, is due to leave the… Continue reading UPDATE 3-BMW could shift some UK engine, Mini output if no orderly Brexit

BMW could shift some UK engine, Mini output if no orderly Brexit

GENEVA (Reuters) – BMW could move some production of engines and its Mini model out of Britain if the country does not secure an orderly departure from the European Union, the German carmaker said on Tuesday, in the latest Brexit warning from the auto industry. Workers assemble cars at the plant for the Mini range… Continue reading BMW could shift some UK engine, Mini output if no orderly Brexit

UPDATE 2-BMW could shift some UK engine, Mini output if no orderly Brexit

GENEVA (Reuters) – BMW could move some production of engines and its Mini model out of Britain if the country does not secure an orderly departure from the European Union, the German carmaker said on Tuesday, in the latest Brexit warning from the auto industry. Workers assemble cars at the plant for the Mini range… Continue reading UPDATE 2-BMW could shift some UK engine, Mini output if no orderly Brexit

Israel’s Innoviz raising $100 mln in private funding -report

TEL AVIV (Reuters) – Innoviz Technologies, an Israeli maker of laser-based lidar sensors for self-driving cars, is raising $100 million in private investment at a company valuation of $500 million, the Calcalist financial news website said on Tuesday. Among the lead investors in this round is a large Chinese investment firm, the website said. When… Continue reading Israel’s Innoviz raising $100 mln in private funding -report