US EditionLG Innotek Invests In Aeva 4D Lidar For Next-Generation Perception
SOUTH KOREA AND UNITED STATES, JUL 29 – LG Innotek’s $50 million investment aims to mass produce Aeva’s 4D Frequency Modulated Continuous Wave LiDAR systems, targeting automotive and industrial automation markets with reduced costs.
- On July 29, 2025, LG Innotek and Aeva Technologies announced a strategic partnership in Seoul to co-develop next-generation FMCW LiDAR technology.
- The partnership arose from growing demand for advanced LiDAR, with LG Innotek investing $50 million to acquire a 6% stake in Aeva and support production expansion.
- LG Innotek will manufacture ultra-slim, ultra-long-range FMCW LiDAR modules, integrating with Aeva's software for global automakers and targeting autonomous vehicles, robotics, and industrial applications.
- Aeva's CEO, Soroush Salehian, emphasized that their partnership with LG Innotek reflects the increasing acceptance of FMCW technology as a key advancement in sensing and perception systems, with plans to develop compact, single-chip solutions.
- This long-term partnership aims to position LG Innotek and Aeva as key leaders in the LiDAR market, which grew from $2.4 billion in 2024 and is projected to expand rapidly with increasing autonomous vehicle adoption.
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LG Innotek invests up to $50 mil. in Aeva to expand sensing tech market
Components manufacturer LG Innotek will make an investment of up to $50 million in Nasdaq-listed U.S. sensing technology firm Aeva Technologies, as the two companies seek to expand perception technologies to new growth sectors. Aeva and LG Innotek said Tuesday the two companies agreed to form a broad strategic collaboration, which involves a $50 million investment comprising equity, capital investment and nondilutive investment for new product d…
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Total News Sources13
Leaning Left2Leaning Right1Center3Last UpdatedBias Distribution50% Center
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- 50% of the sources are Center
50% Center
L 33%
C 50%
R 17%
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