Your cart is currently empty!
[News] Aeva and LG Innotek form Strategic Collaboration to Bring Next-Generation Perception Platform to Market
Aeva®, a leader in next-generation sensing and perception systems, today announced a broad strategic collaboration with LG Innotek, a manufacturer of cutting-edge technology and an affiliate of the LG Group. The partnership includes a strategic investment by LG Innotek of up to approximately $50 million comprising the anticipated equity stake in Aeva, non-dilutive investment for new product development, and capital investments to bring production capacity online for Aeva’s next generation products. This multi-faceted collaboration will enable Aeva to accelerate…

Leave a Reply