- Aeva is in the process of becoming publicly traded through a reverse merger with blank-check firm InterPrivate Acquisition Corp in a deal that has raised $563 million
- Beyond saying the two they are targeting a mass market, Aeva and Denso did not disclose further details of the collaboration
As per a report by Reuters, Aeva Inc and Japanese automotive supplier Denso Corp said that the two will collaborate on bringing a key sensor for self-driving cars to the “mass market.” It added that Aeva makes a lidar sensor that helps cars gain a three-dimensional view of the road and can also detect how quickly distant objects are moving. Aeva is in the process of becoming publicly traded through a reverse merger with blank-check firm InterPrivate Acquisition Corp in a deal that has raised $563 million.
Works on a principle called frequency modulated continuous wave, or FMCW
The report added that Aeva’s sensor works on a principle called frequency modulated continuous wave, or FMCW. It is different from rivals such as Velodyne Lidar and Luminar Technologies.
In a statement, Kazuma Natsume, director of autonomous driving and advanced driver assistance systems engineering for division two of Denso, said the company plans on collaborating with Aeva “to further develop FMCW lidar, bring it to the mass market and create a society free from traffic accidents”, as per the report.
Beyond saying the two they are targeting a mass market, Aeva and Denso did not disclose further details of the collaboration. Last year, Aeva announced a deal with German automotive industry supplier ZF Friedrichshafen AG to put its lidar sensors into production. In 2019, it took an investment from Porsche Automobil Holding SE, the majority-voting shareholder of Volkswagen AG.
