Aeva Technologies, Bendix Sign Deal to Develop Safety Systems for Commercial Vehicles

MT Newswires Live

06/16

Aeva Technologies (AEVA) said Tuesday it has signed an agreement with Bendix to develop safety systems for commercial vehicles.

The company said the program will integrate its perception platform of 4D LiDAR sensors into Bendix's safety and collision mitigation systems for class 8 mass-produced vehicles. Financial details were not provided.

Aeva Technologies shares were up 2.3% in Tuesday's premarket activity.

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