In early 2023, Luminar was riding high. After going public during the pandemic and scoring a key deal with Volvo, the company had added Mercedes-Benz and Polestar as customers of its “lifesaving” lidar sensors. Founder and CEO Austin Russell called it an “inflection point,” as Luminar prepped to have those sensors integrated into the first… Continue reading How Luminar’s doomed Volvo deal helped drag the company into bankruptcy
Tag: Volvo
Europe poised to water down landmark 2035 ban on new diesel and gasoline cars
A fuel nozzle is inserted into a combustion engine at a petrol pump at a filling station during a refueling process. Picture Alliance | Picture Alliance | Getty Images The European Union on Tuesday is expected to water down its effective ban on sales of new combustion-engine cars from 2035, after lobbying efforts from Germany,… Continue reading Europe poised to water down landmark 2035 ban on new diesel and gasoline cars
November 2025 new car pre-registration figures
SMMT released figures for November pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in November 2025 that were defined as pre-registrations. The Supply of New Cars Order 2000 requires motor manufacturers to publish the number of pre-registered cars supplied and the gross income received… Continue reading November 2025 new car pre-registration figures
Toyota C-HR+ here in March to rival Skoda Elroq at £34,495
The Toyota C-HR+ electric crossover will arrive in the UK in March, priced from £34,495. The SUV is the Japanese brand’s third battery EV and sits between the bZ4X and smaller Suzuki-twinned Urban Cruiser. Described as the “core” model in Toyota’s EV line-up, the C-HR+ will give the Japanese firm a foothold in the popular electric C-SUV segment. When it goes on… Continue reading Toyota C-HR+ here in March to rival Skoda Elroq at £34,495
Volvo Car India expands ‘Reverse Project’ with Aravalli plantation drive
Under the programme, individuals supporting the initiative will be allocated two to three geo-tagged saplings planted on their behalf. Volvo Car India on Monday announced the expansion of its sustainability-led Reverse Project with the launch of a new plantation initiative at Matri Van along the Gurugram–Faridabad Highway in Haryana. As part of its CSR initiative… Continue reading Volvo Car India expands ‘Reverse Project’ with Aravalli plantation drive
Autonomous driving: Lidar pioneer Luminar files for bankruptcy
The once highly praised sensor manufacturer for autonomous vehicles is on the verge of being broken up. Volvo and other car manufacturers are losing a supplier. (Lidar, Business) Go to Source
Lidar-maker Luminar files for bankruptcy
Lidar company Luminar has filed for Chapter 11 bankruptcy protection after months of layoffs, executive departures, and a legal fight with its largest customer, Volvo. The company aims to sell off its lidar business during the bankruptcy proceeding, and has already reached a deal to sell its semiconductor subsidiary. While the company will continue to… Continue reading Lidar-maker Luminar files for bankruptcy
Volvo Car India to Plant 20,000+ Trees in Aravalli Range
Volvo Car India announced an expansion of its Reverse Project with a plantation initiative at Matri Van along the Gurugram-Faridabad Highway. Under its CSR initiative for FY25-26, the company will support the plantation of 20,000+ native trees over 20 acres of Aravalli land as part of the Community Barren Land Transformation Project, led by SankalpTaru… Continue reading Volvo Car India to Plant 20,000+ Trees in Aravalli Range
Chinese brand Aion reveals UK launch plans
Aion will prioritise sustainable growth rather than chasing market share when it comes to the UK next year with a range of electric and plug-in hybrid models, bosses have said. The Chinese brand will give GAC – China’s fifth-largest car manufacturer – an official presence in the UK for the first time. It will arrive in the spring… Continue reading Chinese brand Aion reveals UK launch plans
Eicher Trucks & Buses Advances Energy Efficiency Initiatives on National Energy Conservation Day
Eicher Trucks & Buses has announced a series of energy efficiency measures coinciding with National Energy Conservation Day, focusing on manufacturing operations and on-road fleet optimization. The company, a business unit of Volvo Eicher Commercial Vehicles (VECV), operates over 387,000 connected vehicles that utilize predictive analytics through its MyEicher platform to improve fuel economy and… Continue reading Eicher Trucks & Buses Advances Energy Efficiency Initiatives on National Energy Conservation Day