Multiple Aeva Atlas 4D LiDAR Sensors to Provide 360-degrees of Sensing for L4 Full Autonomy

Aeva® (Nasdaq: AEVA), a leader in next-generation sensing and perception systems, today announced that Inyo Mobility, a leader in autonomous urban transportation solutions, has selected Aeva as the exclusive LiDAR supplier for its upcoming autonomous shuttle program. The partnership will integrate Aeva’s cutting-edge Aeva Atlas™ 4D LiDAR technology into Inyo’s autonomous vehicle platform, aiming to enhance safety, perception, and operational efficiency in complex urban environments.​

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Inyo Mobility's next-generation autonomous Inyo CAB equipped with Aeva Atlas 4D LiDAR sensors.

Inyo is pioneering the use of compact, lightweight vehicles in public transport, focusing on resource and cost-efficient, customizable designs tailored to specific applications throughout Europe. The Inyo CAB is a fully electric modular vehicle designed for sustainable, last-mile urban mobility, featuring a customizable interior, barrier-free access, and multiple autonomous and manually operated configurations for both passenger and cargo transport.

The collaboration between Inyo Mobility and Aeva represents a significant step forward in the deployment of autonomous vehicles for public transportation. By leveraging Aeva’s high-performance LiDAR technology, Inyo aims to enhance the safety and reliability of its shuttle services, providing cities with a dependable and efficient transportation option.​

Aeva’s 4D LiDAR, based on Frequency Modulated Continuous Wave (FMCW) technology, uniquely provides simultaneous measurement of 3D position and instant velocity for each point in a scene. This capability allows autonomous vehicles to better distinguish between static and dynamic objects, such as pedestrians, cyclists, and other vehicles, even at long ranges and in challenging weather conditions. Aeva’s sensors can detect objects up to 500 meters away and are immune to interference from other LiDAR sensors and sunlight, making them particularly suited for urban and highway driving scenarios.​

“We are excited to partner with Aeva to equip our vehicle fleet with their state-of-the-art 4D LiDAR technology,” said Marcus Zwick, CEO of Inyo Mobility. “Aeva’s compact sensors will integrate seamlessly and provide our vehicles with a comprehensive 360-degree understanding of their surroundings, enabling safer and more reliable autonomous operation in the dynamic environments of city streets.”​

“Inyo Mobility’s commitment to deploying advanced autonomous transportation aligns perfectly with our mission to bring next-generation perception solutions to the mobility industry,” said James Byun, Managing Director of Business Development at Aeva. “We look forward to supporting Inyo’s autonomous shuttle program and contribute to the advancement of safe and efficient urban mobility.”​

About Inyo Mobility

Inyo Mobility is a pioneering autonomous vehicle company dedicated to transforming urban transportation through innovative technology. With a focus on safety, efficiency, and sustainability, Inyo develops and deploys autonomous mobility solutions designed to meet the evolving needs of modern cities.​

About Aeva Technologies, Inc. (Nasdaq: AEVA)

Aeva’s mission is to bring the next wave of perception to a broad range of applications from automated driving to industrial robotics, consumer electronics, consumer health, security and beyond. Aeva is transforming autonomy with its groundbreaking sensing and perception technology that integrates all key LiDAR components onto a silicon photonics chip in a compact module. Aeva 4D LiDAR sensors uniquely detect instant velocity in addition to 3D position, allowing autonomous devices like vehicles and robots to make more intelligent and safe decisions. For more information, visit www.aeva.com, or connect with us on X or LinkedIn.

Aeva, the Aeva logo, Aeva 4D LiDAR, Aeva Atlas, Aeries, Aeva Ultra Resolution, Aeva CoreVision, and Aeva X1 are trademarks/registered trademarks of Aeva, Inc. All rights reserved. Third-party trademarks are the property of their respective owners.

Forward-looking statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. These forward-looking statements include, but are not limited to expectations about our product features, performance and our relationship with Inyo Mobility. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including, but not limited to: (i) the fact that Aeva is an early stage company with a history of operating losses and may never achieve profitability, (ii) Aeva’s limited operating history, (iii) the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities, (iv) the ability to manufacture at volumes and costs needed for commercial programs, (vi) that any programs into which our products may be designed will result in significant end customer sales, (vii) unforeseen project delays or product issues, such as difficulties or delays in shipping, manufacturing or installation, and (viii) other material risks and other important factors that could affect our financial results. Please refer to our filings with the SEC, including our most recent Form 10-Q and Form 10-K. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Aeva assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Aeva does not give any assurance that it will achieve its expectations.

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