Aeva 4D LiDAR Replaces Conventional Long-Range
LiDAR Technology in Multi-year Production Supply Agreement
Aeva® (NYSE: AEVA), a leader in next-generation sensing and
perception systems, today announced that May Mobility, a leader in
the development and deployment of autonomous vehicle (AV)
technology, has selected Aeva to be the exclusive supplier of
long-range LiDAR sensors for May Mobility’s autonomous vehicles
globally. The multi-year supply agreement provides 5-year volume
commitments through 2028, with delivery starting this year and
production ramping in 2025.
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A May Mobility autonomous vehicle
equipped with Aeva 4D LiDAR. Rendering for illustration purposes.
(Graphic: Business Wire)
May Mobility uses its proprietary Multi-Policy Decision Making
(MPDM) technology to make transportation more safe, sustainable,
accessible and equitable for everyone with services across the U.S.
and Japan and has key strategic partnerships with some of the
world’s largest and most innovative automotive and transportation
companies including Toyota Motor Corporation. May Mobility has
provided more than 350,000 rides using its autonomous technology,
most of which have been provided using the Toyota Sienna
Autono-MaaS vehicle platform.
“May Mobility is championing an autonomous transit model that is
safer, greener and more accessible and their decision to adopt
Aeva’s technology validates the trend we’re seeing in the industry
to transition toward next-generation 4D LiDAR technology,” said
Soroush Salehian, Co-Founder and CEO at Aeva. “This multi-year
production win signals one of the broadest deployments of 4D LiDAR
in the industry and is a significant validation for the maturity
and reliability of our Aeries II sensors as we scale to meet the
growing demand from automotive customers.”
With its unique ability to detect both range and velocity
simultaneously at a maximum range of up to 500 meters, and immunity
to interference and retroreflector blooming, Aeva’s 4D LiDAR
technology is expected to enable May Mobility to expand its
operational design domain to help broaden its service areas and
reach new populations of riders. Current operations include transit
programs in Ann Arbor, MI; Arlington, TX; Grand Rapids, MN; and Sun
City, AZ, with additional deployments planned to begin in 2024.
“Aeva’s long-range 4D LiDAR technology provides unique and
exciting new capabilities for our autonomous stack and aligns well
with our technology and commercialization roadmap,” said Edwin
Olson, Co-Founder and CEO at May Mobility. “We’re thrilled to
partner with Aeva on our mission to reimagine transportation by
developing and deploying autonomous vehicles that get people where
they need to go safely and easily.”
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.
About May Mobility
May Mobility develops autonomous vehicle (AV) technology and
deploys fleets of vehicles to municipal and business customers. Its
proprietary Multi-Policy Decision Making (MPDM) system is at the
core of its mission to help make cities safer, greener and more
accessible. MPDM’s proven track record has delivered more than
350,000 autonomy-enabled rides to date in several public transit
applications across the U.S. and Japan. With key strategic
partnerships including some of the world’s most innovative
automotive and transportation companies, such as Toyota Motor
Corporation and NTT, May Mobility aims to achieve the highest
standard in rider safety, sustainability and transportation equity.
For more information, visit www.maymobility.com and LinkedIn.
Aeva, the Aeva logo, Aeva 4D LiDAR, Aeries, Aeva Ultra
Resolution, 4D Perception, and 4D Localization are
trademarks/registered trademarks of Aeva, Inc. May Mobility and the
May logo are registered trademarks of May Mobility, 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 May 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 for Aeva to have its products selected for
inclusion in OEM products; and (v) 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/20231108810229/en/
Media: Michael Oldenburg press@aeva.ai
Brittany Lockard media@maymobility.com
Investors: Andrew Fung investors@aeva.ai
Shadee Malekafzali shadee.malekafzali@maymobility.com
Aeva Technologies (NYSE:AEVA)
過去 株価チャート
から 4 2024 まで 5 2024
Aeva Technologies (NYSE:AEVA)
過去 株価チャート
から 5 2023 まで 5 2024