Innoviz, LOXO Expand Partnership To Deploy Autonomous, Zero-Emission Delivery Vehicles Using InnovizOne LiDAR
Portfolio Pulse from Benzinga Newsdesk
Innoviz and LOXO have expanded their partnership to deploy autonomous, zero-emission delivery vehicles using InnovizOne LiDAR technology. This move is expected to strengthen Innoviz's position in the autonomous vehicle market.
June 28, 2023 | 1:05 pm
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Innoviz's expanded partnership with LOXO to deploy autonomous, zero-emission delivery vehicles using InnovizOne LiDAR could boost its market position.
The expanded partnership with LOXO for the deployment of autonomous, zero-emission delivery vehicles using InnovizOne LiDAR technology could potentially increase Innoviz's market share and revenue in the autonomous vehicle sector. This is likely to have a positive impact on Innoviz's stock (INVZ) in the short term.
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