Volvo Cars and Veoneer, the automotive safety equipment company, have completed the process of dividing up Zenuity, the 50-50 joint venture focused on the development of assisted and autonomous driving software.
Volvo Cars, the premium car maker, has completed the first strategic investment via its newly-founded investment fund by taking a stake in Luminar, a leading start-up in the development of advanced sensor technology for use in autonomous vehicles.
Volvo Cars, the premium car maker, Autoliv, the world leading automotive safety company, and NVIDIA, the AI and visual computing company, are teaming up to develop advanced systems and software for self-driving cars.
Volvo Cars, the premium car maker, believes governments and car makers should join hands in sharing traffic data in order to improve global traffic safety, Håkan Samuelsson, president and chief executive, told a conference at the European Commission in Brussels on Monday.
Sweden’s famed Nordic Model, which brings together the public sector, private sector and academia, provides a template for the rapid introduction of autonomous driving technologies worldwide, Håkan Samuelsson, president and chief executive of Volvo Cars, will say at a seminar on autonomous driving in Sweden this week.
Volvo Car Group’s groundbreaking technology for putting self-driving cars in the hands of real customers by 2017 was demonstrated to media and important decision makers in the Chinese capital Beijing today – with the Swedish Prime Minister Stefan Löfven joining the event.
The world’s foremost vehicle safety conferences, the International Technical Conference on the Enhanced Safety of Vehicles (ESV) will take place in Volvo Cars’ hometown this year, effectively bringing the discussion of vehicle safety home to where it first began.