{"id":822046,"date":"2025-03-05T09:33:07","date_gmt":"2025-03-05T14:33:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/luminar-technology-selected-on-new-fully-electric-volvo-es90\/"},"modified":"2025-03-05T09:33:07","modified_gmt":"2025-03-05T14:33:07","slug":"luminar-technology-selected-on-new-fully-electric-volvo-es90","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/luminar-technology-selected-on-new-fully-electric-volvo-es90\/","title":{"rendered":"Luminar Technology Selected on New, Fully Electric Volvo ES90"},"content":{"rendered":"

<\/p>\n

Luminar Technology Selected on New, Fully Electric Volvo ES90<\/b><\/p>\n

The New Volvo ES90 marks the second Volvo car model to feature Luminar\u2019s technology, following the successful launch and customer delivery of the Volvo EX90 SUV<\/i><\/p>\n

ORLANDO, Fla.–(BUSINESS WIRE<\/a>)–
\nLuminar (Nasdaq: LAZR), a leading global automotive technology company announced that Luminar\u2019s technology will be equipped in the new Volvo ES90, which is slated for production this year. This marks the second Volvo car model to feature Luminar\u2019s technology, following the successful launch of the automaker\u2019s flagship SUV, the Volvo EX90, which is now being delivered to customers.\n<\/p>\n

\u201cWe\u2019re proud to be selected in conjunction with industry leaders like NVIDIA for a second global automotive launch as Volvo Cars expands its new lineup,\u201d said Austin Russell, Founder and CEO of Luminar. \u201cThe Volvo ES90 will help scale our safety critical technology at a time when consumers, automakers, and regulators alike are demanding the most advanced sensing capabilities in their roadmaps \u2014 and this is just the beginning.\u201d<\/i><\/p>\n

\u201cThe Iris lidar on ES90 will complement an advanced set of sensors and enable exceptional perception to help keep everyone safe inside and around the car,\u201d said Alwin Bakkenes, Head of Software Engineering, Volvo Cars. \u201cThe selection of the Iris lidar builds on our partnership with Luminar and our shared commitment to automotive safety.\u201d<\/i><\/p>\n

\nLiDAR, which stands for Light Detection and Ranging, is a remote sensing method that uses light in the form of a pulsed laser to measure ranges with high precision and fidelity. Coupled with advanced sensors such as radars, cameras, and ultrasonic sensors, LiDAR continuously scans the environment in front of the car, enabling an accurate and high-precision estimate of the shape and size of objects in three-dimensional understanding of the surroundings, helping expand the safety margins.\n<\/p>\n

\nLuminar\u2019s LiDAR technology does not rely on light like a camera, which makes it especially superior at night, where a disproportionate number of accidents may occur. It can detect pedestrians at up to 250-meter distances and something as small and dark as a tire on a black road 120 meters ahead, all while traveling at highway speeds.\n<\/p>\n

\nAs a pioneer and leader in safety, Volvo Cars is introducing advanced driver assistance features using the state-of-the-art sensors set including LiDAR on ES90. Expanding the partnership to integrate LiDAR technology into a product that redefines the large premium Volvo car for the electrical age, will expose a new category of car buyer to this advanced technology. The Volvo ES90 will use the latest SPA2 platform that underpins the Volvo EX90, with Luminar\u2019s LiDAR seamlessly integrated into the roofline of the vehicle. Coupled with other advanced sensors such as radars, cameras and ultrasonic sensors, the LiDAR on the Volvo ES90 will help further improve safety for everyone in and around the car.\n<\/p>\n

About Luminar:
\n
<\/b>Luminar is a global automotive technology company ushering in a new era of vehicle safety and autonomy. For the past decade, Luminar has built an advanced hardware and software\/AI platform to enable its various partners, ranging from Volvo Cars and Mercedes-Benz to NVIDIA and Mobileye, to develop and deploy the world’s most advanced passenger vehicles. Following the launch of the Volvo EX90 as the first global production vehicle to feature its technology, Luminar is poised to lead the industry in enabling next-generation safety and autonomous capabilities for global production vehicles. For more information, please visit www.luminartech.com<\/a>.\n<\/p>\n

Forward-Looking Statements
\n
<\/b>This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as \u201caims,\u201d \u201cbelieve,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cestimate,\u201d \u201cset,\u201d \u201ccontinue,\u201d \u201ctowards,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201cexpect,\u201d \u201cshould,\u201d \u201cwould,\u201d \u201cforward,\u201d and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Forward-looking statements are based on expectations and assumptions by our management and involve a number of risks, uncertainties, and other factors that could cause actual results to differ materially from those stated, including that next-generation sensors and software will be developed successfully or will accelerate automaker adoption, that new automaker agreements will develop successfully into product launches, and that these systems will perform as intended and achieve meaningful safety improvement. More information on these risks and other potential factors that could affect the Company\u2019s business is included in the Company\u2019s periodic filings with the SEC, including in the \u201cRisk Factors\u201d and \u201cManagement\u2019s Discussion and Analysis of Financial Condition and Results of Operations\u201d sections of the Company\u2019s most reports on Form 10-K and Form 10-Q. The Company assumes no obligation to update any forward-looking statements, which speak only as of the date they are made.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250305280756\/en\/<\/a><\/span><\/p>\n

\nMedia Relations:
\n
Milin Mehta
\n
Press@luminartech.com
\n<\/a><\/p>\n

Investor Relations:
\n
Aileen Smith
\n
Investors@luminartech.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Florida<\/p>\n

INDUSTRY KEYWORDS:<\/b> Other Manufacturing Technology Alternative Vehicles\/Fuels Automotive General Automotive Other Technology Automotive Manufacturing Manufacturing Other Automotive<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Luminar Technology Selected on New, Fully Electric Volvo ES90 The New Volvo ES90 marks the second Volvo car model to feature Luminar\u2019s technology, following the successful launch and customer delivery of the Volvo EX90 SUV ORLANDO, Fla.–(BUSINESS WIRE)– Luminar (Nasdaq: LAZR), a leading global automotive technology company announced that Luminar\u2019s technology will be equipped in the new Volvo ES90, which is slated for production this year. This marks the second Volvo car model to feature Luminar\u2019s technology, following the successful launch of the automaker\u2019s flagship SUV, the Volvo EX90, which is now being delivered to customers. \u201cWe\u2019re proud to be selected in conjunction with industry leaders like NVIDIA for a second global automotive launch as Volvo Cars expands its new … <\/p>\n

Continue reading “Luminar Technology Selected on New, Fully Electric Volvo ES90”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-822046","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLuminar Technology Selected on New, Fully Electric Volvo ES90 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/luminar-technology-selected-on-new-fully-electric-volvo-es90\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Luminar Technology Selected on New, Fully Electric Volvo ES90 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Luminar Technology Selected on New, Fully Electric Volvo ES90 The New Volvo ES90 marks the second Volvo car model to feature Luminar\u2019s technology, following the successful launch and customer delivery of the Volvo EX90 SUV ORLANDO, Fla.–(BUSINESS WIRE)– Luminar (Nasdaq: LAZR), a leading global automotive technology company announced that Luminar\u2019s technology will be equipped in the new Volvo ES90, which is slated for production this year. This marks the second Volvo car model to feature Luminar\u2019s technology, following the successful launch of the automaker\u2019s flagship SUV, the Volvo EX90, which is now being delivered to customers. \u201cWe\u2019re proud to be selected in conjunction with industry leaders like NVIDIA for a second global automotive launch as Volvo Cars expands its new … Continue reading "Luminar Technology Selected on New, Fully Electric Volvo ES90"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/luminar-technology-selected-on-new-fully-electric-volvo-es90\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-05T14:33:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20250305280756r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/luminar-technology-selected-on-new-fully-electric-volvo-es90\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/luminar-technology-selected-on-new-fully-electric-volvo-es90\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Luminar Technology Selected on New, Fully Electric Volvo ES90\",\"datePublished\":\"2025-03-05T14:33:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/luminar-technology-selected-on-new-fully-electric-volvo-es90\\\/\"},\"wordCount\":843,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/luminar-technology-selected-on-new-fully-electric-volvo-es90\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20250305280756r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/luminar-technology-selected-on-new-fully-electric-volvo-es90\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/luminar-technology-selected-on-new-fully-electric-volvo-es90\\\/\",\"name\":\"Luminar Technology Selected on New, Fully Electric Volvo ES90 - 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