LG Innotek’s CEO, Hyuksoo Moon, said in a statement that the “ultimate goal of this partnership is for LG Innotek and Aeva to grow together as key players leading the next-generation LiDAR ...

Aeva Tech sees potential with market expansion and key deals, but modest revenues and risks drive a neutral outlook on the ...

Aeva Technologies AEVA recently announced a $50 million partnership with LG Innotek, a major global manufacturer. The two companies will work together to combine AEVA's special LiDAR technology with ...

SEOUL, South Korea, July 29, 2025 /PRNewswire/ -- LG Innotek has teamed up with Aeva, an American company specializing in LiDAR (Light Detection And Ranging) technology, to preempt the LiDAR market.

As part of the deal, LG Innotek will make a $32 million equity investment in Aeva for a "single-digit percentage ownership" in the company, Aeva CEO Soroush Salehian told Reuters in an interview.

MOUNTAIN VIEW, Calif., & SEOUL, South Korea, July 29, 2025--Aeva® (Nasdaq: AEVA), a leader in next-generation sensing and perception systems, today announced a broad strategic collaboration with LG ...

MOUNTAIN VIEW, Calif. - LG Innotek announced Tuesday a strategic investment of up to $50 million in Aeva Technologies (NASDAQ:AEVA), a developer of next-generation sensing and perception systems, ...

LG Innotek, the Seoul-headquartered technology firm that leads the market in smart phone camera modules, has agreed to invest up to $50 million in the US-based lidar company Aeva. The equity deal, ...

In the automotive sector, the collaboration will begin with LG Innotek manufacturing and supplying to Aeva the Aeva Atlas™ Ultra 4D LiDAR sensor, including for Aeva’s previously announced ...

Top leadership from LG Innotek including CEO Hyuksoo Moon, and CTO S. David Roh will be on stage with Aeva’s co-founders at Aeva Day on July 31 discussing more details about the partnership.

LG Innotek and Aeva Technologies agree strategic partnership. Aeva Technologies Inc, a US-based developer of next-generation sensing and AI-based “perception” systems, has announced that it ...