Volvo

IDTechEx Discusses New Trends: Radar Modules and ToF Cameras for In-Cabin Sensing

Retrieved on: 
Thursday, February 22, 2024

An additional limitation of 3D ToF cameras is that, unlike in-cabin radar modules, they are unable to detect people or objects through obstacles.

Key Points: 
  • An additional limitation of 3D ToF cameras is that, unlike in-cabin radar modules, they are unable to detect people or objects through obstacles.
  • As of now, 3D ToF cameras are more well-adopted for OMS and have advanced features compared with radar modules.
  • However, by comparing the costs and functions of radar modules and 3D ToF cameras, IDTechEx believes there are potential opportunities for radar modules.
  • 3D ToF cameras are adopted in Li Auto L9, BMW iX, and the new ARCFOX αS series, whereas radar modules are expecting adoption in Tesla and Volvo.

Global Autonomous Vehicles Market Research Report 2023-2030 Featuring Alphabet, Amazon, Apple, Aptiv, Baidu, BMW, Mercedes-Benz, DidiChuxing Technology, Ford and, General Motors

Retrieved on: 
Wednesday, February 21, 2024

Autonomous vehicles are a breakthrough technology in the automotive industry after the introduction of electric vehicles and hybrid vehicles.

Key Points: 
  • Autonomous vehicles are a breakthrough technology in the automotive industry after the introduction of electric vehicles and hybrid vehicles.
  • Government initiatives to support electric and hybrid cars are expected to propel the market for autonomous vehicles in the coming years.
  • In the expansive landscape of the global autonomous vehicle industry, passenger vehicles assert their dominance by claiming the largest market share.
  • Consequently, China has not only emerged as the most significant global market for electric vehicles but also as the leading producer.

Annual General Meeting of AB Volvo

Retrieved on: 
Wednesday, February 21, 2024

GOTHENBURG, Sweden, Feb. 21, 2024 /PRNewswire/ -- AB Volvo (publ) ("Volvo") gives notice to attend the Annual General Meeting at Konserthuset, Götaplatsen, Göteborg, Wednesday, March 27, 2024, at 3.00 p.m.

Key Points: 
  • GOTHENBURG, Sweden, Feb. 21, 2024 /PRNewswire/ -- AB Volvo (publ) ("Volvo") gives notice to attend the Annual General Meeting at Konserthuset, Götaplatsen, Göteborg, Wednesday, March 27, 2024, at 3.00 p.m.
    Volvo warmly welcomes its shareholders to the Annual General Meeting.
  • The main entrance of Konserthuset opens for registration at 2.00 p.m. and the Annual General Meeting begins at 3.00 p.m. Coffee and cakes will be served in connection with the Annual General Meeting.
  • AB Volvo (publ) ("Volvo") gives notice to attend the Annual General Meeting at Konserthuset, Götaplatsen, Göteborg, Wednesday, March 27, 2024, at 3.00 p.m.
    Volvo warmly welcomes its shareholders to the Annual General Meeting.
  • The main entrance of Konserthuset opens for registration at 2.00 p.m. and the Annual General Meeting begins at 3.00 p.m. Coffee and cakes will be served in connection with the Annual General Meeting.

Proposal for Board of Directors of AB Volvo

Retrieved on: 
Tuesday, February 20, 2024

As previously announced, the Election Committee of AB Volvo proposes Pär Boman to be elected new Chairman of the Board and Board member at the Annual General Meeting on March 27, 2024.

Key Points: 
  • As previously announced, the Election Committee of AB Volvo proposes Pär Boman to be elected new Chairman of the Board and Board member at the Annual General Meeting on March 27, 2024.
  • AB Volvo's current Chairman of the Board Carl-Henric Svanberg will not stand for re-election.
  • The Election Committee of AB Volvo comprises representatives of four of the company's largest shareholders, who together represent approximately 15.9 percent of the shares and approximately 39.6 percent of the votes, and the Chairman of the Board.
  • The Volvo Group is headquartered in Gothenburg, Sweden, employs more than 100,000 people and serves customers in almost 190 markets.

WirelessCar Celebrates 25 Years of Innovative Connected Vehicle Services

Retrieved on: 
Tuesday, February 20, 2024

From its early days as a telematics service provider to its current position as a global leader of connected vehicle services, WirelessCar has been at the forefront of digitalization, connectivity, and customer-oriented mobility solutions.

Key Points: 
  • From its early days as a telematics service provider to its current position as a global leader of connected vehicle services, WirelessCar has been at the forefront of digitalization, connectivity, and customer-oriented mobility solutions.
  • "As a company, we were never intimidated by rapid technological developments," said Jan Hellåker, the first CEO of WirelessCar.
  • In its early years, WirelessCar played a pivotal role in developing the first telematics services for Volvo Cars, including Volvo On Call.
  • Niklas Florén, CEO of WirelessCar: "Connected vehicle services have become an everyday reality, but with the pace of change we see today, I know WirelessCar is only getting started.

WirelessCar Celebrates 25 Years of Innovative Connected Vehicle Services

Retrieved on: 
Tuesday, February 20, 2024

From its early days as a telematics service provider to its current position as a global leader of connected vehicle services, WirelessCar has been at the forefront of digitalization, connectivity, and customer-oriented mobility solutions.

Key Points: 
  • From its early days as a telematics service provider to its current position as a global leader of connected vehicle services, WirelessCar has been at the forefront of digitalization, connectivity, and customer-oriented mobility solutions.
  • "As a company, we were never intimidated by rapid technological developments," said Jan Hellåker, the first CEO of WirelessCar.
  • In its early years, WirelessCar played a pivotal role in developing the first telematics services for Volvo Cars, including Volvo On Call.
  • Niklas Florén, CEO of WirelessCar: "Connected vehicle services have become an everyday reality, but with the pace of change we see today, I know WirelessCar is only getting started.

Global and China Automotive LiDAR Industry Report 2023: From Outside to Inside the Cabin, LiDAR Makes a New Leap

Retrieved on: 
Thursday, February 15, 2024

DUBLIN, Feb. 15, 2024 /PRNewswire/ -- The "Automotive LiDAR Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 15, 2024 /PRNewswire/ -- The "Automotive LiDAR Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • From outside to inside the cabin, LiDAR makes a new leap.
  • In April 2023, Hesai released ET25, an automotive-grade ultrathin long-range LiDAR which is specially designed to be placed behind the front windshield.
  • Although gap filler LiDAR costs much less than front LiDAR, it is still more expensive than gap filler sensors such as camera/radar.

Global and China Automotive LiDAR Industry Report 2023: Chinese LiDARs Usher in a Small Peak Period of 'Mass Production and Delivery' - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 15, 2024

The "Automotive LiDAR Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Automotive LiDAR Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • As intelligent driving develops in China, especially highway/urban NOA having taken a "fast lane", much more LiDARs are seen in vehicles.
  • We predict that in China LiDAR will continue to rise in volatility in the next 2-3 years, and will be installed in over 600,000 cars in 2025.
  • After several rounds of shuffling in the market in China, local LiDAR suppliers are now the first to emerge.

Announcing Luminar Day: A New Era on April 23, 2024

Retrieved on: 
Wednesday, February 14, 2024

Luminar (Nasdaq: LAZR), a leading global automotive technology company, announced today it will host a Luminar Day event on April 23, 2024 for its broader community, including customers, investors, suppliers, regulators, and media.

Key Points: 
  • Luminar (Nasdaq: LAZR), a leading global automotive technology company, announced today it will host a Luminar Day event on April 23, 2024 for its broader community, including customers, investors, suppliers, regulators, and media.
  • The event will be held virtually, spanning from the factory in Monterrey, Mexico to its AI and software center in Silicon Valley.
  • In this pivotal moment for the industry, the Luminar Day event will cover Luminar’s Start of Production (SOP) for Volvo Cars, kicking off the first global production vehicle launch with this technology.
  • Volvo’s next-generation vehicle lineup will begin with the EX90, where Luminar is set to be standard worldwide.

Norsk Hydro: Changing the aluminium game - Strengthening position in challenging markets

Retrieved on: 
Wednesday, February 14, 2024

All business areas, except Bauxite & Alumina, delivered returns above their cost of capital in challenging markets during 2023.

Key Points: 
  • All business areas, except Bauxite & Alumina, delivered returns above their cost of capital in challenging markets during 2023.
  • At the same time, lower trailer build rates in North America have started to negatively impact demand in the transport segment.
  • A weakening extrusion ingot market is further putting pressure on product premiums and several remelters are faced with negative margins, consequently.
  • The transactions enable capital reallocation into strategic growth areas, strengthening Hydro’s earnings resilience in a rapidly changing global landscape.