Aeva to Showcase New and Existing Automotive Partners and Introduce New 4D LiDAR for Automated Driving at CES 2025

By: Aeva Technologies, Inc. via Business Wire

December 19, 2024 at 07:00 AM EST

Experience the Future of Autonomous Vehicle Technologies with Aeva Alongside New and Existing Customers and Partners Including Daimler Truck’s Torc

Aeva^® (NYSE: AEVA), a leader in next-generation sensing and perception systems, today announced its participation in CES 2025, taking place January 7th – 10th in Las Vegas. Aeva will introduce and demonstrate a new long-range high-resolution 4D LiDAR sensor for automotive applications, provide a preview of Torc’s autonomous Freightliner Cascadia commercial vehicle equipped with Aeva 4D LiDAR™ technology, and showcase a new in-cabin LiDAR collaboration, all at Aeva’s booth #6900 in the West Hall of the Las Vegas Convention Center.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241219744060/en/

(Graphic: Business Wire)

Aeva Will Showcase 4D LiDAR Capabilities Alongside Automotive Industry Leaders:

New 4D LiDAR Sensor Introduction: Discover Aeva’s next-generation long-range sensor designed to accelerate the industry’s transition to autonomous driving at highway speeds. A live point cloud will showcase its unique ability to detect position and velocity simultaneously at high resolution. See Aeva’s AI-powered perception algorithms transform point cloud visualizations through real-time semantic segmentation, pedestrian detection, and more.

Featured Customer – Torc, an Independent Subsidiary of Daimler Truck AG: See the future of autonomous freight with Daimler Truck’s flagship Freightliner Cascadia commercial vehicle. Discover how Torc’s Virtual Driver technology and Aeva Atlas™ ultra-long range 4D LiDAR sensors will help enable the deployment of autonomous trucks at scale on the most driven Class 8 truck platform in North America.

New Partner Collaboration – Passenger Vehicle In-cabin LiDAR Integration and Demonstration: See an innovative behind-the-windshield integration of Aeva Atlas 4D LiDAR technology into a passenger vehicle developed in collaboration with an industry leader in cutting-edge automotive solutions. The seamless integration combines the benefits of a high mounting position for full detection range, easy cleaning and protection from the elements, all with minimal impact on vehicle design and aerodynamics.

Fireside Chats with Industry Leaders: Hear from industry leaders at Daimler Truck, Torc, May Mobility, and new industry partners as they share their visionary insights into the future of autonomous vehicles and industrial applications powered by Aeva 4D LiDAR. The full schedule of discussions will be released ahead of CES on Aeva’s website at aeva.com/ces.

Experiential Demo Drives: See the future of vehicle automation with ride-along drives on the streets of Las Vegas. Aeva’s 4D LiDAR demo vehicle showcases live point cloud data demonstrating the unique benefits of Aeva’s FMCW technology, including simultaneous velocity and range detection, Aeva Ultra Resolution™ and immunity to interference from the sun and other lidar sensors. Space is limited. To request a reservation, investors and media should email press@aeva.ai or register on-site at Aeva’s booth.

More information regarding Aeva’s CES 2025 presence and activities are available online at: aeva.com/ces.

About Aeva Technologies, Inc. (NYSE: 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, Aeries, Aeva Ultra Resolution, 4D Perception, and 4D Localization 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 potential applications of our technology. 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 for Aeva to have its products selected for inclusion in OEM products that are manufactured in large volumes, (v) market acceptance of Aeva’s technology and the products into which it may be incorporated, (vi) the fact that the autonomous vehicle industry is an emerging market and may not achieve widespread commercial acceptance, (vii) unforeseen product or manufacturing defects 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241219744060/en/

Contacts

Media:

Michael Oldenburg

press@aeva.ai

Investors:

Andrew Fung

investors@aeva.ai

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Aeva to Showcase New and Existing Automotive Partners and Introduce New 4D LiDAR for Automated Driving at CES 2025

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