Aeva Selected By A Global Automotive OEM To Directly Supply LiDAR For Its Series Production Program
Portfolio Pulse from Benzinga Newsdesk
Aeva, a company specializing in LiDAR technology, has been chosen by an unnamed global automotive OEM to supply its LiDAR sensors for a series production program. This partnership marks a significant milestone for Aeva, as it secures a direct supply deal with a major car manufacturer, potentially boosting its market presence and credibility in the automotive industry.
January 03, 2024 | 12:11 pm
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Aeva has been selected to supply LiDAR sensors to a global automotive OEM for its series production program, which could lead to increased revenue and growth opportunities for the company.
Being selected by a global automotive OEM is a significant validation of Aeva's LiDAR technology. This deal is likely to have a positive impact on Aeva's stock price in the short term as it may lead to increased investor confidence and anticipation of future revenue growth from the deal.
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