Aeva CityOS Selected for Large-Scale Deployment in Georgia

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Mar 31, 2026--

Aeva (Nasdaq: AEVA), a leader in next-generation sensing and perception systems, today announced that the Georgia Department of Transportation (GDOT) has selected the Aeva CityOS™ intelligent transportation systems (ITS) platform for a deployment at 30 new intersections across multiple sites in the greater Atlanta area. The expansion represents a significant step toward scaling AI-powered intelligent infrastructure using Aeva’s 4D LiDAR technology in one of the largest cities in the United States.

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The expansion follows an initial rollout of CityOS across multiple intersections surrounding Centennial Olympic Park and the Georgia World Congress Center. The area is one of Atlanta’s busiest pedestrian corridors and a major destination for tourism, events, and convention activity. Its high concentration of foot traffic and multimodal activity made it an ideal environment to demonstrate how CityOS’s advanced sensing and AI-powered perception and analytics could improve roadway safety and traffic operations.

“Aeva CityOS brings real-time intelligence to road infrastructure,” said James Byun, Managing Director of Business Development at Aeva. “Deploying the platform in one of Atlanta’s busiest pedestrian corridors has shown how cities can use 4D LiDAR and AI to better understand traffic activity, improve safety for vulnerable road users, and manage mobility more effectively. The expansion of the deployment reflects the strong value transportation agencies see in this new generation of intelligent infrastructure.”

AI-Powered Traffic Intelligence with 4D LiDAR

CityOS combines Aeva’s automotive-grade 4D LiDAR with edge AI-powered perception and advanced analytics to provide continuous, real-time awareness of intersection activity. The platform detects and analyzes the movement of vehicles, pedestrians, cyclists, and other road users to support applications such as vulnerable road user safety monitoring, wrong-way driving detection, and real-time traffic flow analysis.

Each CityOS-enabled intersection is equipped with Aeva Atlas™ Orion sensors to deliver full-area coverage and comprehensive situational awareness. Powered by Aeva’s proprietary Frequency Modulated Continuous Wave (FMCW) LiDAR technology, the 4D LIDAR sensors measure 3D position and velocity simultaneously, enabling precise detection and tracking of moving objects.

Unlike traditional ITS technologies such as cameras, radar, or inductive loops, Aeva’s 4D LiDAR operates reliably in all lighting conditions, including direct sun glare and complete darkness, while providing higher spatial resolution and privacy-preserving sensing without reliance on identifiable imagery.

The Atlanta deployment will represent one of the first large-scale implementations of LiDAR-powered intelligent transportation infrastructure in the United States.

About Aeva Technologies, Inc. (Nasdaq: AEVA)

Aeva’s mission is to bring the next wave of perception to a broad range of applications from automated driving, manufacturing automation and smart infrastructure, to robotics and consumer devices. Aeva is accelerating autonomy with its groundbreaking perception platform that integrates lidar-on-chip technology, system-on-chip processing, and perception algorithms onto silicon leveraging silicon photonics. Aeva 4D LiDAR sensors uniquely detect velocity and position simultaneously, allowing automated devices like vehicles and robots to make more intelligent and safe decisions. For more information, visit www.aeva.com, or connect with us on X or LinkedIn.

Aeva, the Aeva logo, Aeva 4D LiDAR, Aeva Atlas, Aeries, Aeva Eve, Aeva Omni, Aeva CityOS, Aeva Ultra Resolution, Aeva CoreVision, and Aeva X1 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. 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. These forward-looking statements include, but are not limited to expectations about the expanded deployment of the Aeva CityOS ITS platform in the greater Atlanta area, our product features, performance, and potential applications. 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 fact that Aeva is an early stage company with a history of operating losses and may never achieve profitability, (ii) Aeva’s limited operating history, (iii) the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities, (iv) the ability for Aeva to have its products selected for inclusion in infrastructure projects, (v) unforeseen manufacturing issues or defects, (vi) Aeva’s ability to scale production if any products achieve commercial success, (vii) market acceptance of LiDAR technology to infrastructure applications, (viii) general economic conditions and other material risks and other important factors that could affect our financial results. Please refer to our filings with the SEC, including our most recent Form 10-Q and Form 10-K. 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.

Aeva CityOS™ system in a major Georgia intersection

NEW YORK (AP) — U.S. gas prices jumped past an average of $4 a gallon for the first time since 2022 on Tuesday as the Iran war pushed fuel prices to soar worldwide.

According to motor club AAA, the national average for a gallon of regular gasoline is now $4.02 — over a dollar more than before the war began. The last time U.S. drivers were collectively paying this much at the pump was nearly four years ago, following Russia’s invasion of Ukraine.

The price is a national average, meaning drivers in some states have been paying well over $4 a gallon for a while now. Prices vary from state to state due to factors ranging from nearby supply to differing tax rates.

Since the U.S. and Israel launched a joint war against Iran on Feb. 28, the cost of crude oil — the main ingredient in gasoline — has spiked and swung rapidly. That’s because the conflict has caused deep supply chain disruptions and cuts from major oil producers across the Middle East.

Motorists around the world are also coping with higher gas prices due to the war. In Paris, for example, gas is at 2.34 euros per liter ($2.68), which is about $10.27 a gallon.

Higher gas prices are impacting consumers and businesses as many households continue to face wider cost of living strains. And as drivers pay more to cover necessities like gas, many may be forced to cut their budgets in other places.

More expensive fuel can also push up other spending, from utility bills to the price of many goods consumers buy each day.

Consumer prices and the cost of living already have become flashpoints in this midterm election year, with Democrats especially hammering Trump and Republicans as the GOP tries to hold majorities on Capitol Hill. A recent AP-NORC poll found that 45% of U.S. adults are "extremely” or “very” concerned about being able to afford gas in the next few months, up from 30% shortly after Trump won the 2024 presidential election with promises to lower costs.

In the immediate future, analysts point to groceries, which have to be restocked frequently and could also see price hikes as businesses’ transportation costs pile up.

But hauling other cargo and packages has also been impacted. The United Postal Service, for example, is seeking a temporary 8% added charge on some of its popular products including Priority Mail.

U.S. diesel prices — the fuel used for many freight and delivery trucks — is now going for an average of $5.45 a gallon, up from about $3.76 a gallon before the war began, per AAA.

If the war drags on, it’s possible that those prices could tick up even higher. Most tanker movement in the key Strait of Hormuz, where roughly one-fifth of the world’s oil typically sails through, remains at a halt. That’s led to cuts from major producers in the region who have no way of getting their crude to market. Meanwhile, Iran, Israel and the U.S. have all struck oil and gas facilities, worsening supply concerns.

In a search for some relief, the International Energy Agency pledged to release 400 million barrels of oil from emergency stockpiles of member nations. That includes the U.S., despite Trump initially downplaying the need for reserve oil.

The Trump administration has also eased sanctions to free up some oil from Venezuela, and temporarily Russia. The White House also says it’s waiving maritime shipping requirements under a more than century-old law, known as the Jones Act, for 60 days.

It's not yet clear if those efforts will bring relief for consumers. A lot of factors contribute to gas prices.

Refineries buy crude oil in advance, meaning some could be work with more expensive oil for a while, and it will take time for any new supply to trickle down to consumers.

And while steep crude prices are a leading driver behind today’s surge, U.S. gas prices typically tick up a bit at this time of year. More drivers are hitting the road and trying to fuel up while they can, so there’s higher demand. Warming weather also brings a shift to summer blend fuel, which is more expensive to produce than winter blend.

The U.S., which is a net oil exporter, hasn't seen as stark a shock as other parts of the world that rely more heavily on fuel imports from the Middle East, notably Asia. But that doesn’t mean America is immune to price spikes.

Oil is a globally-traded commodity. And most of what the U.S. produces is light, sweet crude — but refineries on the East and West coasts are primarily designed to process heavier, sour product. As a result, the country also needs imports.

Escalating geopolitical conflicts have disrupted oil flows and contributed to a surge in gas prices in the past. The U.S. average for regular gasoline climbed to its highest level of more than $5 a gallon in June 2022, nearly four months after the Ukraine war began and world leaders imposed sanctions against Russia, a leading oil producer.

Prices at the pump later fell from that record. Before Tuesday, per AAA data, the national average had stayed below the $4 mark since mid-August of 2022.

Associated Press journalists Angela Charlton in Paris and Bill Barrow in Washington contributed to this report.

A woman fills her vehicle with fuel at a gas station, Monday, March 30, 2026, in Nashville, Tenn. (AP Photo/George Walker IV)

A vehicle passes a gasoline price board at a filling station in Philadelphia, Friday, March 27, 2026. (AP Photo/Matt Rourke)