Aeva Results Presentation Deck

First Quarter 2021 Highlights Successful Public Company Listing and Capital Raise Completed business combination with InterPrivate Acquisition Corp. Now trading on NYSE under ticker "AEVA" Net proceeds of $513m ● Announced Partnerships with Industry Leaders Collaboration with TuSimple to deploy Aeva's 4D LiDAR for self-driving trucking Collaboration with Tier-1 supplier Denso for consumer vehicle market ● Advancing Safety and Performance with Ultra Long Range Industry-leading detection range of beyond 500m Accomplished on current hardware, highlighting continuous improvements through proprietary FMCW technology and OTA updates ● ● Expanded Leadership Team to Commercialize Aeva's 4D LIDAR Key executive hires with deep expertise in supply chain and advanced technologies Formed Advisory Board with veteran executives from Apple and Volkswagen ● ● AEVA 100m s AEVA Perception for All Devices Road and drivable region detected beyond 200m AEVA 200m 300m 400m Vehicle classified and detected beyond 500m 1 ID ID 20 459m 28.02 m/s vé AEVA ID ID 21 517m 500m 30.85 m/s 5

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