Earlier this year, Volvo took a stake in Luminar via the Volvo Cars Tech Fund, an investment fund that targets high-potential technology start-ups. That investment, the Tech Fund’s first, deepened Volvo’s existing collaboration with Luminar, which focused on development and testing of their sensing technology on Volvo cars. Volvo Cars is the first of Luminar’s partners to fully leverage its expanded perception development platform.
Volvo Cars presented the 360c concept, a holistic view of a future of travel that is autonomous, electric, connected and safe, in September of this year. It imagines four potential uses of autonomous driving vehicles – a sleeping environment, mobile office, living room and entertainment space – which all reimagine the way people travel. The 360c also introduces a proposal for a global standard in how autonomous vehicles can safely communicate with all other road users.