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Tuesday, October 8, 2024

AEVA technologies has developed a number of partnerships with major auto makers and suppliers!

 


Aeva is a prominent company in the lidar industry, known for its unique Frequency Modulated Continuous Wave (FMCW) lidar technology, which provides advantages like long-range detection and direct velocity measurement.

 Aeva collaborates with a number of companies in the automotive and autonomous driving sectors. Here's a detailed overview of the companies that Aeva supports through partnerships and collaborations:


1. ZF Friedrichshafen AG

  • Details: Aeva has partnered with ZF, one of the world's largest automotive suppliers, to industrialize and mass-produce Aeva's 4D lidar technology for the automotive market.
  • Collaboration Focus:
    • Integrating Aeva's FMCW lidar into ZF's sensor suite for advanced driver-assistance systems (ADAS) and autonomous driving.
    • Providing high-performance perception capabilities for Level 2+ to Level 5 autonomous vehicles.
  • Impact: This partnership aims to make high-quality lidar sensors more accessible to automakers, enhancing vehicle safety and autonomous functionality.

2. Denso Corporation

  • Details: Denso, a global automotive components manufacturer, has invested in and collaborated with Aeva to incorporate their lidar technology into future vehicle platforms.
  • Collaboration Focus:
    • Developing next-generation perception systems for autonomous vehicles.
    • Enhancing object detection, speed measurement, and environmental mapping capabilities.
  • Impact: By integrating Aeva's lidar, Denso aims to improve the safety and reliability of autonomous and semi-autonomous vehicles.

3. Plus (Formerly Plus.ai)

  • Details: Aeva has partnered with Plus, a self-driving truck technology company, to supply its 4D lidar sensors for commercial freight operations.
  • Collaboration Focus:
    • Equipping autonomous trucks with Aeva's lidar for improved long-range perception.
    • Enhancing the detection of objects and obstacles at highway speeds.
  • Impact: This integration helps in advancing the safety and efficiency of autonomous trucking solutions.

4. TuSimple

  • Details: TuSimple, a company specializing in autonomous trucking technology, has evaluated Aeva's lidar sensors for potential integration.
  • Collaboration Focus:
    • Testing Aeva's lidar for long-range detection capabilities essential for highway driving.
    • Improving the reliability of perception systems under various environmental conditions.
  • Impact: Utilizing Aeva's technology could enhance TuSimple's autonomous trucking platforms by providing better object detection and speed measurement.

5. AID (Audi's Autonomous Intelligent Driving GmbH)

  • Details: Aeva has collaborated with AID, a subsidiary of Audi focused on autonomous driving technologies.
  • Collaboration Focus:
    • Integrating Aeva's FMCW lidar into Audi's autonomous vehicle prototypes.
    • Focusing on urban autonomous driving scenarios requiring precise perception.
  • Impact: The partnership aims to advance Audi's efforts in developing safe and reliable autonomous vehicles with superior sensing capabilities.

6. Porsche SE

  • Details: Porsche SE, the majority owner of Volkswagen Group, has invested in Aeva to explore the integration of their lidar technology.
  • Collaboration Focus:
    • Investigating the application of Aeva's lidar in high-performance vehicles.
    • Enhancing advanced driver-assistance features and paving the way for autonomous driving functionalities.
  • Impact: This investment signifies the automotive industry's interest in Aeva's technology for future vehicle models.

7. Other Automotive OEMs and Suppliers

  • Potential Collaborations: While specific details may not be publicly disclosed, Aeva is likely engaged with other major automotive original equipment manufacturers (OEMs) and suppliers.
  • Focus Areas:
    • Providing lidar solutions for various levels of vehicle autonomy.
    • Customizing sensor solutions to meet specific requirements of different automakers.
  • Impact: These collaborations aim to broaden the adoption of Aeva's lidar technology across the automotive industry.

Summary:

Aeva supports a range of companies in the automotive and autonomous vehicle sectors by supplying its advanced FMCW lidar technology. Their partnerships with industry leaders like ZF, Denso, Plus, TuSimple, Audi's AID, and Porsche SE highlight the significance of their contributions to enhancing vehicle perception systems. Aeva's lidar sensors offer advantages such as:

  • Long-Range Detection: Capable of detecting objects at distances over 300 meters.
  • Direct Velocity Measurement: Ability to measure the speed of objects instantaneously.
  • Interference Immunity: Less susceptibility to interference from other sensors or environmental factors.
  • Compact and Scalable Design: Suitable for mass production and integration into various vehicle platforms.
Aeva has been actively forming partnerships to promote its unique Frequency Modulated Continuous Wave (FMCW) lidar technology in the automotive industry, including with Volkswagen, Daimler Trucks, TDAC and Torc Robotics!


Partnerships with Volkswagen Group Companies

1. Audi's Autonomous Intelligent Driving GmbH (AID)

  • Details: Aeva collaborated with AID, which was Audi's subsidiary focused on developing autonomous driving technology.
  • Connection to Volkswagen: Since Audi is a part of the Volkswagen Group, this collaboration indirectly links Aeva to Volkswagen.
  • Collaboration Focus:
    • Integrating Aeva's FMCW lidar technology into Audi's autonomous vehicle prototypes.
    • Enhancing urban autonomous driving capabilities with precise perception systems.
  • Impact: The partnership aimed to leverage Aeva's technology to improve safety and efficiency in Audi's self-driving vehicles.

2. Porsche SE

  • Details: Porsche Automobil Holding SE, the majority owner of the Volkswagen Group, invested in Aeva.
  • Connection to Volkswagen: This investment signifies interest at the group level, potentially influencing technology adoption across Volkswagen's brands.
  • Collaboration Focus:
    • Exploring the integration of Aeva's lidar technology into future vehicle models within the Volkswagen Group.
    • Advancing driver-assistance features and paving the way for higher levels of vehicle autonomy.
  • Impact: The investment underscores the strategic importance of Aeva's technology for future mobility solutions within the Volkswagen ecosystem.

Direct Partnership with Volkswagen AG

Although there is no publicly announced direct partnership between Aeva and Volkswagen AG itself, given Aeva's collaborations with Audi and investment from Porsche SE, both integral parts of the Volkswagen Group, there is a potential for broader collaboration in the future.


Other Notable Partnerships

3. Toyota Motor Corporation

  • Details: Aeva partnered with Toyota to integrate its lidar technology into Toyota's autonomous vehicle platforms.
  • Collaboration Focus:
    • Enhancing object detection and environmental mapping for improved autonomous driving.
  • Impact: Aiming to accelerate the development of safe and reliable autonomous vehicles within Toyota's lineup.

Key institutional investors currently holding $Aeva stock include:

  • Sylebra Capital LLC
  • Adage Capital Partners GP, L.L.C.
  • Vanguard Group Inc.
  • BlackRock Inc.
  • Geode Capital Management LLC
  • State Street Corp

Despite some fluctuations, the overall institutional ownership of AEVA is significant, indicating strong interest from major financial entities. These investors typically look for long-term growth potential and technological innovation, both of which Aeva offers.

Related Articles:

The Department of Energy (DOE) recently selected Aeva technology to enhance the protection of critical infrastructure due to several key factors


From Benzinga

Daimler Truck AG and Torc Robotics, an independent subsidiary of Daimler Truck, tapped Aeva to power its self-driving trucks of the future and enable a highway driving operational design domain (ODD). 

Daimler, the world’s largest commercial vehicle manufacturer, recently inked a multi-year OEM deal with Aeva with an estimated order book of $1 billion in which Daimler is using Aeva's sensors in its Class 8 Freightliner Cascadia autonomous truck platform. 

These are heavy-duty trucks that spend most of their time on interstates hauling cargo to and from major logistics hubs. The industry sees heavy-duty trucking as an area rife for autonomous vehicles given the severe shortages of drivers in that segment of the market.  "There's a strong need for something that drives on interstates at high speeds of 65 miles per hour," says Peter Vaughan Schmidt, CEO (and it's why we partnered with AEVA Lidar)"!

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