Innovusion, the LiDAR supplier for electric vehicle manufacturer NIO, is making plans for a potential initial public offering (IPO) in the United States. The China Securities Regulatory Commission (CSRC) has disclosed that Innovusion is considering listing up to 21,382,252 ordinary shares on the Nasdaq exchange. This move comes as the CSRC continues to exercise increased oversight on Chinese companies’ US listings following incidents like the Luckin Coffee financial scandal and Didi’s listing disaster. Founded in 2016, Innovusion has a stro...

LiDAR technology developers Quanergy and Innovusion have respectively received funding for their technology development and products production.

Innovusion, a privately held company based in Silicon Valley, emerged today out of stealth mode and is introducing its ground-breaking LiDAR technology with industry leading features and functionality.