AEVA Targets Smart Cities With a Bold Traffic Tech Shift

Core Insights - Aeva Technologies is shifting its focus from selling LiDAR hardware to providing comprehensive smart city traffic systems through a partnership with D2 Traffic Technologies, enhancing its capabilities in traffic management [1][7] - The U.S. traffic market, with over 15 million intersections, presents a significant opportunity for Aeva, especially with its advanced Atlas Orion 4D LiDAR sensors that outperform traditional camera systems [2] - Aeva has secured a $100 million investment from Apollo, structured as convertible notes, to support the commercialization of its 4D LiDAR technology across the transportation sector [3] Company Developments - Aeva's partnership with D2 Traffic Technologies brings decades of expertise in managing complex intersections and urban road networks, allowing Aeva to offer integrated sensing and data analysis systems [1][7] - The collaboration aims to provide traffic solutions that prioritize privacy while gathering reliable data to enhance road safety and efficiency [2] - Aeva's stock has seen significant growth, with shares more than doubling in 2025 [6] Industry Trends - Innoviz Technologies is also expanding its role in smart infrastructure with its InnovizSMART Long-Range LiDAR, which supports advanced traffic management and security systems [4] - Ouster is leveraging its AI-powered BlueCity platform to improve traffic management in cities, with plans for deployment in over 100 intersections in Utah [5]