Innoviz SPAC Presentation Deck
However, Level 2+ is the Largest Opportunity in the Next 10 Years
Vehicles (in millions)¹
1
2020E
2021E
Level2
PARTLY AUTOMATED
12 million L2 and 3 million
L3 vehicles by 2025
HANDS TEMP. OFF EYES TEMP. OFF
2022E
INNOVIZ™
TECHNOLOGIES
3
7
6
2023E
1
12
2024E
Level3
HANDS OFF, EYES OFF
HIGHLY AUTOMATED
12
17
3
12
2025E
¹ Source: Company analysis; IHS Markit; Frost & Sullivan: LIDAR for Automotive and Industrial Applications report; Yole Développement, 2020
Note: Level 2+ ("L2+"), Level 3 (“L3”).
N
21
3
4
15
2026E
27
6
Level4
4
17
2027E
HANDS OFF, MIND OFF
FULLY AUTOMATED
32
9
4
19
2028E
38
12
22
2029E
Level5
PASSENGER
AUTONOMOUS
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44
16
3
26
2030E
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