Volvo has confirmed it will use technology company Nvidia’s new Drive Orin processor to power its upcoming self-driving technology. The system will first appear on the next-generation XC90 next year, being the first Volvo to offer an advanced “eyes off” autonomous driving mode. Nvidia’s Drive Orin chip has been designed specifically to meet the processing… Continue reading Volvo expands partnership with Nvidia for self-driving tech
Tag: Volvo
UAW Rejects Tentative Agreement with Volvo Trucks North America
GREENSBORO, N.C., May 16, 2021 /PRNewswire/ — Volvo Trucks North America today announced that employees represented by the United Auto Workers (UAW) rejected a new five-year labor agreement covering approximately 2,900 members of UAW Local #2069 at the New River Valley truck assembly operations in Dublin, Virginia. The company has been informed that UAW-represented employees… Continue reading UAW Rejects Tentative Agreement with Volvo Trucks North America
Volvo Cars: race to net zero marks revival of IPO plan
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Waymo to lose its CFO and head of automotive partnerships
Waymo’s chief financial officer Ger Dwyer and its head of automotive partnerships and corporate development Adam Frost — two longtime executives at the autonomous vehicle company — are leaving this month, departures that comes amid some executive shuffling following CEO John Krafcik’s exit earlier this year. Dwyer and Frost’s departure was shared internally this week,… Continue reading Waymo to lose its CFO and head of automotive partnerships
@Geely-Volvo: Volvo Cars to evaluate a potential IPO
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Volvo resurrects plans for IPO
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Daimler, Volvo seek huge cuts in hydrogen fuel cell costs by 2027
Daimler Trucks and Volvo AB (VOLVb.ST) said on Thursday they aim jointly to cut the costs of hydrogen fuel cells by a factor of five or six by 2027 as they seek to make the zero-emission technology commercially viable for long-haul trucking. But even if cellcentric, the fuel-cell joint venture the two companies formed in… Continue reading Daimler, Volvo seek huge cuts in hydrogen fuel cell costs by 2027
Volvo and Daimler bet on hydrogen truck boom this decade
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Tesla refutes Elon Musk’s timeline on ‘full self-driving’
What Tesla CEO Elon Musk says publicly about the company’s progress on a fully autonomous driving system doesn’t match up with “engineering reality,” according to a memo that summarizes a meeting between California regulators and employees at the automaker. The memo, which transparency site Plainsite obtained via a Freedom of Information Act request and subsequently… Continue reading Tesla refutes Elon Musk’s timeline on ‘full self-driving’
@BMW: First quarter: Transformation accelerated – core business significantly strengthened001105
Munich. The BMW Group continued to grow extremely dynamically in the first quarter 2021 – as demonstrated by its outstanding reported figures. The Group is systematically driving its transformation process at a high pace, reaching new milestones in terms of e-mobility, digitisation and sustainability. At the same time, it was able to strengthen its business… Continue reading @BMW: First quarter: Transformation accelerated – core business significantly strengthened001105