Aeva strikes lidar chip-making deal with LG subsidiary

Aeva Technologies, a lidar sensor developer, has partnered with LG Innotek, a subsidiary of the South Korean conglomerate LG Group, to manufacture Aeva's 4D lidar chips. The deal will enable Aeva to leverage LG Innotek's manufacturing capabilities to produce its advanced lidar sensors, which provide depth, velocity, and other information in addition to traditional 3D mapping. This collaboration aims to accelerate the commercialization and deployment of Aeva's lidar technology across various industries, including automotive, robotics, and smart infrastructure. The partnership represents a significant step forward for Aeva as it seeks to establish its lidar solutions as a leading option in the rapidly evolving autonomous and assisted-driving market. The agreement highlights the growing importance of lidar technology in the advancement of a wide range of emerging technologies and the strategic importance of securing reliable manufacturing partnerships to support their commercial rollout.