Aeva to Showcase Industry's Most Advanced 4D LiDAR for Autonomous Vehicles and Beyond at CES 2022

Aeva (NYSE: AEVA), a leader in next-generation sensing and perception systems, today announced it will showcase its next generation 4D LiDAR technology for the automotive industry and beyond at CES® 2022, the world's most influential technology event, taking place January 5-8, 2022, in Las Vegas.

There are several opportunities for CES attendees to learn more about Aeva's breakthrough perception and sensing technologies and see the industry's most advanced 4D LiDAR in action:

• Experience industry's most advanced 4D LiDAR in action
  • What: See Aeva's next generation 4D LiDAR for autonomous vehicles, industrial automation and beyond which uniquely measures instant velocity in addition to 3D range position, allowing autonomous vehicles and machines to accurately perceive where things are and precisely how fast they are moving to safely navigate the world around them.
  • Where: Aeva booth #6343 in the Las Vegas Convention Center West Hall, Vehicle Technology Section

• See the world's first 4D LiDAR-on-chip module
  • What: See how Aeva is shaping the future of sensing and perception for autonomous vehicles, industrial automation and more with the world's first 4D LiDAR module that incorporates all key LiDAR components onto a compact silicon photonics chip module.
  • Where: Aeva booth #6343 in the Las Vegas Convention Center West Hall, Vehicle Technology Section

• See Aeva 4D LiDAR on TuSimple's self-driving freight trucks
  • What: TuSimple leads the way in AI software for L4 autonomous trucks with a rapidly expanding autonomous freight network. TuSimple and Aeva have been working together to deploy Aeva's 4D LiDAR for long range perception since 2019.
  • Where: TuSimple booth #4243 in the Las Vegas Convention Center West Hall, Vehicle Technology Section

Space is limited for the following exclusive opportunities for investors and media, please email [email protected] to reserve an appointment or for more details:

• Experience Aeva 4D LiDAR on Las Vegas city streets - Daily demo drives hosted by Aeva will tour the streets of Las Vegas, with real-time visualizations of 4D LiDAR data showcasing the unique benefits of Aeva's technology including instant velocity measurement, long range object detection, and immunity to interference.
• Aeva presents at JP Morgan CES Tech/Auto Forum - A fireside chat about sensing and perception for autonomous vehicles and Aeva's vision for the future of autonomy with CEO and Co-founder Soroush Salehian and CFO Saurabh Sinha.

For more information about Aeva at CES 2022, please visit: www.aeva.ai/CES.

About Aeva Technologies, Inc. (NYSE: AEVA)

Founded in 2017 by former Apple engineers Soroush Salehian and Mina Rezk, and led by a multidisciplinary team of engineers and operators experienced in the field of sensing and perception, Aeva's mission is to bring the next wave of perception technology to broad applications from automated driving to consumer electronics, consumer health, industrial robotics, and security. For more information, visit www.aeva.com.

Aeva®, the Aeva logo and 4D LiDAR are trademarks/registered trademarks of Aeva, Inc. All rights reserved. Third-party trademarks are the property of their respective owners.

Forward looking statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including, but not limited to: (i) the ability to maintain the listing of Aeva's securities on the New York Stock Exchange, (ii) the price of Aeva's securities, which may be volatile due to a variety of factors, including changes in the competitive and highly regulated industries in which Aeva plans to operate, variations in performance across competitors, changes in laws and regulations affecting Aeva's business and changes in the combined capital structure, (iii) the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities, (iv) the risk of downturns and the possibility of rapid change in the highly competitive industry in which Aeva operates, (v) the risk that Aeva and its current and future collaborators are unable to successfully develop and commercialize Aeva's products or services, or experience significant delays in doing so, (vi) the risk that Aeva may never achieve or sustain profitability; (vii) the risk that Aeva will need to raise additional capital to execute its business plan, which many not be available on acceptable terms or at all; (viii) the risk that Aeva experiences difficulties in managing its growth and expanding operations, (ix) the risk that third-parties suppliers and manufacturers are not able to fully and timely meet their obligations, (x) the risk of product liability or regulatory lawsuits or proceedings relating to Aeva's products and services, (xi) the risk that Aeva is unable to secure or protect its intellectual property; and (xii) the effects of the ongoing coronavirus (COVID-19) pandemic or other infectious diseases, health epidemics, pandemics and natural disasters on Aeva's business. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors, and for a further discussion of the material risks and other important factors that could affect our financial results, please refer to our filings with the SEC, including our Form 10-Q for the quarter ended September 30, 2021. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Aeva assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Aeva does not give any assurance that it will achieve its expectations.