Aeva Agrees To Develop Active Safety Solution With Bendix Commercial Vehicle Systems

Program Will Focus on LiDAR-based Collision Mitigation Solutions for Class 8 Production Vehicles

Aeva® (NASDAQ:AEVA), a leader in next-generation sensing and perception systems, today announced an agreement to develop an active safety solution with Bendix Commercial Vehicle Systems LLC (Bendix), North America's leader in advanced driver assistance systems (ADAS) for commercial vehicles. The program will integrate Aeva's perception platform of 4D LiDAR sensors and perception software into Bendix's future active safety and collision mitigation solutions for Class 8 mass-production vehicles.

With approximately 300,000 new Class 8 trucks sold annually in North America, the commercial vehicle ADAS market represents a substantial opportunity for next-generation active safety technologies. Bendix's flagship Advanced Driver Assistance System (ADAS) Bendix® Fusion™, the market-leading collision mitigation and active safety solution available across most major Class 8 OEM platforms, may provide a scalable path to deploy advanced LiDAR-based sensing capabilities in high-volume production vehicles.