Selection by Volkswagen's CARIAD as its direct LiDAR supplier for automated vehicles cements Innoviz's Tier 1 status

TEL AVIV, Israel, Aug. 10, 2022 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a Tier-1 supplier of high-performance, solid-state LiDAR sensors and perception software, today provided updates on commercial traction, technology leadership, and corporate development and reported its financial results for the second quarter ended June 30, 2022.