FILE PHOTO: A view shows an Aeva Technologies lidar sensor that helps self-driving vehicles gain a detailed view of the road, in Mountain View, California, U.S., in this undated handout photo provided on January 9, 2024. Courtesy Of Aeva Technologies/Handout via REUTERS/File Photo
SAN FRANCISCO (Reuters) -Aeva Technologies said on Tuesday that South Korean camera module maker LG Innotek will take an equity stake in Aeva as part of a $50 million strategic collaboration.
Aeva makes lidar sensors that help vehicles and industrial equipment gain a detailed three-dimensional view of their environment and detect how fast surroundingobjects are moving. It supplies sensors to vehicle firms such as Daimler Truck and industrial equipment makers such as Nikon.
