Volvo Cars today announced its autonomous driving (AD) software development subsidiary Zenseact has received a strategic investment by ECARX, the privately-owned Chinese provider of cutting-edge connected car technology.
Volvo Cars and its parent company Geely Holding have agreed to create a joint venture under the name Aurobay for its powertrain operations, as the companies proceed with their earlier announced plans to merge these into a new, stand-alone business.
For Volvo Cars, electrification is more than simply a shift in powertrains. It represents a new paradigm in car design and the Volvo Concept Recharge is a manifesto for the next generation of all-electric Volvos.
In Volvo Cars’ next generation of fully electric cars, customers can look forward to a car that gets better every day and offers a simple, serene and seamless Volvo user experience – from getting a car, to being inside it and controlling it on your mobile device.
Rapidly moving towards becoming a fully electric car company, Volvo Cars is bringing battery cell technology development and production closer to home and aims to tailor its future batteries to the needs of its customers: a longer range and faster charging times.
The next generation of Volvo cars are set to be the company’s safest ever, thanks to cutting-edge software and hardware levels, coupled with continuous and more rapid improvements to safety features with the help of real-time data.
Volvo Cars will lay out its future technology roadmap today during the Volvo Cars Tech Moment, an online technology event that illustrates how it will transition towards becoming a fully electric premium car company and a world leader in the fast-growing premium electric segment by 2030.