Why Is Aeva Technologies (AEVA) Stock Up 40% Today?
AEVAAeva(AEVA) InvestorPlace·2024-01-04 02:14

Shares of autonomous driving specialist Aeva Technologies (NASDAQ:AEVA) — which develops and manufactures next-generation sensing and perception systems — soared on a major win for the company. A top global automaker selected Aeva as its Tier 1 lidar (light detection and ranging) supplier for the former’s series production vehicle program. AEVA stock also soared on the potential ability to distinguish the underlying 4D lidar technology against the competition.According to the accompanying press release, Aev ...