Aeva Technologies Secures Billion-Dollar Deal with European Carmaker
Update: 2025-12-04
Description
Aeva Technologies, a lidar sensor developer for self-driving cars, saw its stock surge by 18% after announcing an exclusive deal with a major European car manufacturer. The partnership will integrate Aevas advanced sensors into all gasoline, electric, and hybrid vehicles, enhancing self-driving capabilities. The exact deal value remains undisclosed, but its expected to generate over $1 billion in sales, marking a significant leap in Level Three autonomy for passenger vehicles.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
