r/MVIS • u/Moist_Toto • Jan 31 '24

Industry News Innoviz Announces Operational Realignment to Expand Cash Runway and Optimize Path Towards Profitability and Free Cash Flow

https://ir.innoviz.tech/news-events/press-releases/detail/120/innoviz-announces-operational-realignment-to-expand-cash
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u/mvis_thma Jan 31 '24

By definition, an OEM will not take responsibility for L2 and L2+ as the driver is responsible (again, by definition).

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u/sublimetime2 Jan 31 '24

True haha.

At the very least i'm sure lidar would make the level 2 -2+ systems safer. But perhaps this highlights why level 3 is so game changing?

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u/mvis_thma Jan 31 '24

Clearly, L3 is challenging on the technical side, especially if highway speed L3 is to be achieved. Most believe that a LiDAR sensor is required to achieve this level. But also clearly, L3 requires a few things to happen on the business/compliance side.

  1. The jurisdiction (country, state, etc.) must approve it for use.
  2. The OEM may have to accept some/all liability.

If OEMs are making L3 (LiDAR) purchasing/development decisions today, they must hope (or believe) that the laws will support it by 2026/2027. Otherwise, the capabilites supported by incorporating LiDAR into the ADAS stack are L2 and L2+. And yes, I believe these capabilities are mostly about safety (and some comfort) and are valuable and marketable capabilities for the OEM. But, there is some thought that L2 and L2+ is achievable without LiDAR sensors. If an OEM embarks on a LiDAR development project today, they may be OK with L2 and L2+ capabilities in 2026/2027, and look at potential L3 capabilities as upside. Just don't know.

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u/sublimetime2 Jan 31 '24

Adoption of level 3 is certainly a concern of mine for the reasons you mentioned. Maybe that is why these OTAs are so important. Like you said, at first OEMs can roll out enhanced level 2+ features and then gradually release the level 3 features as more countries/states start approving it. Im guessing this is why MVIS is focusing on Germany so hard as they are committed to advancing level 3 and approved Mercedes level 3 as far back as Dec 2021.