Record Product Revenue
Aeva achieved a record product revenue of $3.4 million in Q1 2025, reflecting significant growth in commercial traction from automotive and industrial customers.
Strategic Collaboration with Fortune 500 Company
Aeva announced a strategic collaboration with a Global Fortune 500 company, including an investment of up to $50 million and selection as Tier 2 manufacturing partner for a top 10 passenger OEM program.
Expansion into Industrial Automation
Aeva unveiled the Eve 1 line of high precision sensors, securing orders of over 1,000 sensors and partnerships with multiple industry leaders, targeting a $4 billion market.
Growth in Intelligent Transportation Systems
Aeva entered the ITS market with Sensys Gatso as its exclusive LiDAR supplier for new mobile speed detection products in Australia.
Increased Revenue Guidance
Aeva increased its revenue guidance to 80% to 100% growth for the full year, driven by strong commercial momentum in both industrial and automotive markets.