There are now reports that Swedish car brand Volvo is set to ditch its flagship models' LiDAR tech entirely in 2026.
Swedish automaker Volvo has canceled a five-year-old contract with Luminar, the latest escalation in an increasingly ugly brawl between the lidar sensor company and its biggest customer.
Luminar is facing bankruptcy concerns after Volvo reverses course on its promise to make lidar standard on the flagship EX90 ...
Volvo canceled a five-year contract with Luminar and will ship the 2026 ES90 and EX90 without lidar sensors, nailing the coffin for the lidar supplier ...
Luminar, unsurprisingly, isn’t happy with Volvo’s decision. Back in late October, when Volvo shifted LiDAR from standard to ...
Volvo Cars has terminated its supply deal with Luminar Technologies, the US-based automotive lidar pioneer whose financial ...
Luminar Technologies paid over $1 million to exit its Silicon Valley lease early, just as the automotive tech supplier faces ...
After years of pushing the technology, Volvo now assures that its cars can deliver a high level of safety even without lidar.
The average one-year price target for Luminar Technologies (NasdaqGS:LAZR) has been revised to $2.04 / share. This is a ...
Shares of Luminar Technologies declined after several disclosures including doubt it can continue as a going concern, layoffs and plans to explore strategic alternatives including a sale. The stock ...
Analysts are estimating that Luminar Technologies will report an earnings per share (EPS) of $-1.20. Investors in Luminar Technologies are eagerly awaiting the company's announcement, hoping for news ...
Luminar’s $5 billion market capitalization is by far the largest of the half-dozen lidar start-ups competing for business among both automotive manufacturers and autonomous vehicle technology ...