Aeva Technologies (AEVA) sees 8.55% rally as it benefits from growth in robotics

From Yahoo Finance: 2025-06-28 10:24:00

Aeva Technologies, Inc. (NASDAQ:AEVA) saw an 8.55% rally on Friday, closing at $36.43 as it benefits from growth opportunities in industrial automation, robotics, and autonomous driving. The company specializes in manufacturing and selling LiDAR systems for various applications.

Amazon emphasizes warehouse automation and robotics for future operations, anticipating reduced labor needs over time. CEO Andrew Jassy highlights the use of AI to enhance inventory management, demand forecasting, and robot efficiency, improving cost and delivery speed within their fulfillment network.

The lidar industry sees further growth potential with the rise of autonomous driving. Tesla launches robotaxi operations in Texas, while Uber considers acquiring Pony AI’s US subsidiary. Aeva Technologies (AEVA) remains a promising investment, but other AI stocks may offer higher returns with limited risk.

Read more: Aeva Technologies (AEVA) Rallies 8.55% on Robotics, Autonomous Driving Growth Opportunities