Founded in 2016, Innovusion is a global industry-leading lidar solution company with advanced R&D in Silicon Valley, California; manufacturing, production engineering, and SW/HW R&D in Suzhou and Shanghai, China; and European operations based in Frankfurt, Germany. Innovusion's long-range, image-grade LiDAR is a market leader in the autonomous driving industry. It is currently in mass production under contract with one of the leaders in E-mobility being selected as the standard configuration for the NIO ET7. The company’s lidar products are also used in the areas of V2X, Smart Infrastructure, security, rail transit, mapping, industrial automation, and autonomous construction and mining applications.