Volvo Cars Expands Automated Driving Partnership With Nvidia

3-line summary

• Volvo Cars is expanding its partnership with Nvidia to jointly develop next-generation driver-assistance and automated-driving technology, combining Volvo's safety systems and engineering with Nvidia's AI and computing technology, including Hyperion sensors, compute architecture, and the autonomous-driving software stack, Reuters reported October 15.
• Volvo aims to support hands-free driving in both urban and highway settings, with features rolling out in stages and not limited to premium models; pricing has not been set. The technology is expected to reach Volvo vehicles before 2030, launching simultaneously across multiple regions excluding China.
• Rivals including Mercedes-Benz, BMW, and Ford are pursuing more advanced hands-free highway or limited autonomous-driving systems, while Tesla is seeking expanded European approval for its driver-assist technology, including urban driving, with an EU-wide vote possible in December. Nvidia CEO Jensen Huang called the partnership a major opportunity given Volvo's strict safety standards and said features would roll out gradually; Volvo CEO Hakan Samuelsson said the company will introduce the technology cautiously and will not launch it under conditions known to be unsafe. China's Geely Holding Group holds a majority stake in Volvo.

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