Financial PerformanceAeva reported 3Q25 results that were above consensus estimates, driven by ongoing sensor shipments to multiple customers.
Market TrendsRecent trends in the LiDAR market indicate that automotive OEMs are narrowing their list of LiDAR vendors and increasingly evaluating FMCW architectures, supporting the view that AEVA’s FMCW-focused strategy could gain incremental traction over time.
Strategic PartnershipsAeva announced that a leading European passenger car manufacturer has officially chosen it as the exclusive LiDAR supplier for the company’s global production vehicle platform, supporting Level 3 automated driving.