![]() Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. Russell revealed that the technology is integrated into Volvo’s next-generation EV platform, implying that Volvo could offer it as a standard or optional on all of its upcoming electric vehicles. Luminar founder and CEO Austin Russell is confident that although this is the first time the technology is standardized, it wouldn’t be the last time. Lidars (short for light detection and ranging systems) allow cars to sense their surroundings and help avoid obstacles. By having this hardware as standard, we can continuously improve safety features over the air and introduce advanced autonomous drive systems, reinforcing our leadership in safety.” It will now define the next level of car safety. Volvo CEO Hakan Samuelsson said, “Volvo Cars is and always has been a leader in safety. ![]() The electric SUV is expected to be unveiled by next year. The system will be integrated into Volvo’s electric flagship SUV, a successor to its current XC90. The Iris Lidar system is an advanced sensor that allows a car to view its environment better.
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