Is Aeva Technologies (AEVA) One of the Best Small Cap EV Stocks to Buy Now?

Aeva Technologies, Inc. (NASDAQ:AEVA) is one of the Best Small-cap EV Stocks to Buy According to Analysts. On September 30, Aeva Technologies, Inc. (NASDAQ:AEVA) released a multi-sensor FMCW 4D LiDAR and camera dataset for autonomous vehicle research. The dataset is recognized as the industry’s first open dataset, which features key elements including semantic segmentations, tracking, lane annotations, and object velocity measurements.

Management noted that this open dataset provides researchers with highly accurate and dense range sensing data. Moreover, the company’s interactive sensor diagram provides both wide and narrow fields of view for LiDAR and camera systems. Management believes that this data has the potential to enable researchers to push boundaries of the current autonomous technology.

Aeva Technologies, Inc. (NASDAQ:AEVA) is a tech company that designs and produces LiDAR sensing systems and other autonomous driving-related software for vehicles including EVs.

While we acknowledge the potential of AEVA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.