Autonomous delivery vehicles provider Loxo has signed a letter of intent (LOI) to deploy lidar sensor supplier Innoviz Technologies’ InnovizOne lidar units on its delivery vehicles through 2024.
Innoviz’s automotive-grade lidar, InnovizOne, will be used in Loxo’s zero-emission, autonomous delivery vehicles, potentially enabling retailers to transport goods from local distribution hubs to end consumers in an efficient and sustainable manner. Earlier in 2023, Loxo and Innoviz went through successful product evaluation and testing with Innoviz’s lidar, which led to an expanded order of InnovizOne units and a signed LOI for their 2024 fleet.
InnovizOne is a solid-state lidar sensor specifically designed for auto makers. It could also be useful for robotaxi, shuttle and delivery companies requiring an automotive-grade, mass-producible solution to achieve autonomy. It is built to be rugged, affordable, reliable, power-efficient, lightweight and seamlessly integrated into Level 3 to Level 5 autonomous vehicle designs, ensuring the safety of passengers and pedestrians alike. Loxo vehicles equipped with InnovizOne are expected to be used to meet the growing demand of the autonomous last-mile delivery market, which is projected to reach US$5.9bn by 2030.
Omer Keilaf, co-founder and CEO at Innoviz, said, “Our lidar is purpose-built to be lightweight and easily integrate with vehicles of all shapes and sizes, from passenger cars to commercial fleets to last-mile delivery vehicles. We are pleased for this vote of confidence from Loxo and are thrilled with this advancement in our partnership. Together, we plan to deploy advanced technology to autonomously deliver goods quickly, safely and affordably.”
Amin Amini, co-founder and CEO of Loxo, said, “There is ample opportunity to optimize the exchange of goods from local distribution centers to a customer’s doorstep to elevate the logistics experience for today’s consumers. Innoviz’s automotive-grade lidar is a key component in facilitating optimized and autonomous last-mile delivery. We’re excited to equip our growing fleet of vehicles with Innoviz’s lidar and continue on our mission to expand access to goods in Switzerland and beyond.”
Read more key vehicles/fleet updates from the parcel and postal technology industry, here.