The newly-founded Volvo Cars Tech Fund has invested in Luminar, which develops lidar sensors for autonomous vehicles. The move by the Swedish carmaker builds on an existing collaboration with the start-up, which has facilities in Palo Alto, California, and Orlando, Florida.
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A squeeze on automotive suppliers, together with the adaptation of new technology, will lead some major players to play a bigger role in overall vehicle development cycles, especially in shaping customer user experiences
Many people would welcome a future of shared mobility, electric and autonomous vehicles and deliveries by drone, but most don’t believe they will see it anytime soon.
ZF Friedrichshafen has joined the Mobility as a Service (MaaS) Alliance, a European platform that is working to foster a new ecosystem of public and private transport services.
