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Volvo Cars says it will drop US supplier Luminar Technologies

Published by Global Banking & Finance Review

Posted on November 17, 2025

1 min read

· Last updated: January 21, 2026

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Volvo Cars says it will drop US supplier Luminar Technologies
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STOCKHOLM (Reuters) -Sweden's Volvo Cars said on Monday it would discontinue its relationship with Luminar Technologies, a maker of so-called lidar sensors for self-driving cars. (Reporting by Marie

Volvo Cars Ends Partnership with Lidar Supplier Luminar Technologies

Volvo Cars and Luminar Technologies Partnership

STOCKHOLM (Reuters) -Sweden's Volvo Cars said on Monday it would discontinue its relationship with Luminar Technologies, a maker of so-called lidar sensors for self-driving cars.

Overview of the Partnership

(Reporting by Marie Mannes, editing by Terje Solsvik)

Key Takeaways

  • Volvo Cars will no longer partner with Luminar Technologies.
  • Luminar Technologies supplies lidar sensors for self-driving cars.
  • The decision was announced by Volvo Cars in Stockholm.
  • The partnership was significant for Volvo's self-driving technology.
  • The change may impact Volvo's future technology strategies.

Frequently Asked Questions

What is lidar technology?
Lidar technology uses laser light to measure distances and create detailed 3D maps. It is commonly used in self-driving cars for navigation and obstacle detection.
What is a partnership in business?
A partnership in business refers to a formal arrangement where two or more parties agree to manage and operate a business together, sharing profits and responsibilities.
What is the automotive industry?
The automotive industry encompasses the design, development, manufacturing, marketing, and selling of motor vehicles. It includes companies that produce cars, trucks, and related components.

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