Volvo Will Invest In a LIDAR Company

Credit: Wochit
Published on June 14, 2018 - Duration: 00:39s

According to Digital Trends, Volvo and Luminar are partnering to develop fully automated vehicles.

Since Luminar already uses Volvo XC90s to test their LIDAR system, investing in the Palo Alto-based company was an easy decision for Volvo.

The Swedish automaker wants one-third of their deliveries to be autonomous vehicles by 2025, but they far behind their competitors.

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