Benzinga | Jan 5, 2022 01:16PM EST

Luminar, Volvo Cars Announce Plans For Next Generation SUV To Be Revealed In 2022

Luminar (NASDAQ:LAZR), the global leader in automotive lidar hardware and software technology, and Volvo Cars, the global automotive safety leader, revealed today at CES in Las Vegas the launch plans for the all electric next generation SUV. The event also marked the North American debut of the automaker's Concept Recharge, a manifesto for Volvo Cars' future, with Luminar's Iris lidar seamlessly integrated into the roofline.

"Luminar's vision is to democratize next-generation safety and autonomy, and we're already seeing this become a reality with the first vehicle launching on Volvo's new platform," said Austin Russell, Founder and CEO. "With Luminar as standard on every vehicle, their next SUV has the opportunity to be the safest vehicle ever produced, while also being the first to enable true autonomy and at highway speed."

The first introduction of Volvo Cars' Ride Pilot, an unsupervised autonomous driving capability for highways, will be introduced to customers in the state of California first once it has been verified as safe for use and planned to be available as an add-on subscription. It will come equipped as standard with state-of-the-art lidar hardware with Luminar's Iris and perception from its Sentinel solution to enable Proactive Safety(tm) from day one, in addition to software developed by AD software company Zenseact together with Volvo Cars' in-house team of developers.

"We are proud to announce the planned US launch of our first truly unsupervised autonomous driving feature, as we look to set a new industry standard for autonomy without compromising safety," said Mats Moberg, head of research and development at Volvo Cars. "Having Zenseact's brand new AD software and Luminar's LiDAR standard in our new fully electric SUV is a game-changer for Volvo Cars, as well as for automotive safety and autonomous driving."

As part of this verification process, Volvo Cars has applied for a testing permit with the California Department of Transportation and intends to begin testing on highways in the middle of the year where the climate, traffic conditions and regulatory framework provide a favourable environment for the introduction of autonomous driving. To date, Zenseact has led testing autonomous driving functionalities on roads in Sweden and collecting data across Europe and the U.S.

"Delivering a new safety standard for the industry requires a level of rigorous testing and verification that will expand globally," said Odgard Anderson, CEO of Zenseact. "Zenseact AD software plays a key role in this new standard and in our journey towards zero collisions."

At CES, Luminar also featured the Concept Recharge in its booth, showcasing a new era of vehicle design with technology celebrated and at the forefront. In 2020, Volvo Cars gave a first look at the next generation SUV featuring a completely reimagined roofline that featured the safety technology discreetly integrated into the roofline, while also giving a visual cue of its superior technical prowess. This was the first time an automaker had designed autonomous technology into the roofline of a vehicle that will be made available to consumers. Since then, a half dozen automakers have followed suit.

To learn more and see the Concept Recharge live, attendees can visit Luminar at CES Booth #5543, West Hall from January 5--8, 2022. For an overview of Luminar news and activities at CES 2022, including the unveiling of a lidar-equipped "Blade" commercial truck prototype, visit: https://www.luminartech.com/ces/.