Important Innovations

  LIDAR Standard Equipment in Electric XC90 SUV in 2022                              Source:  Volvo & Luminar Technologies                    Volvo's Long Standing Commitment to Life Saving Technologies Sweden based Volvo, now owned by China's Geeley, has a long history of being the first with life saving automotive technologies.  It was the first automaker to make side impact airbags standard equipment.  It was also the first to make 3 point seatbelts standard.  Now, it is the first to make LIDAR sensors standard, no extra cost equipment, starting with its next generation electric XC90 SUV in 2022.  This is a major commitment by Volvo to automated and autonomous driving.  LIDAR uses laser light pulses to provide precise images of the environment surrounding the car to avoid obstacles, pedestrians, other vehicles and potential collisions. The LIDAR is embedded into the roofline of the vehicle as seen in the above image. Strategic Safe Driving Decision The decision to includ

  LIDAR Standard Equipment in Electric XC90 SUV in 2022                              Source:  Volvo & Luminar Technologies                    Volvo's Long Standing Commitment to Life Saving Technologies Sweden based Volvo, now owned by China's Geeley, has a long history of being the first with life saving automotive technologies.  It was the first automaker to make side impact airbags standard equipment.  It was also the first to make 3 point seatbelts standard.  Now, it is the first to make LIDAR sensors standard, no extra cost equipment, starting with its next generation electric XC90 SUV in 2022.  This is a major commitment by Volvo to automated and autonomous driving.  LIDAR uses laser light pulses to provide precise images of the environment surrounding the car to avoid obstacles, pedestrians, other vehicles and potential collisions. The LIDAR is embedded into the roofline of the vehicle as seen in the above image. Strategic Safe Driving Decision The decision to includ

  Austin Russell's Luminar Technologies                                                Source:  Austin Russell Autonomous Driving Tech with Lasers Leading the Way This morning, 25 year old entrepreneur Austin Russell woke up a billionaire.  His company Luminar Technologies of Florida went public yesterday on the Nasdaq.  By the end of day, it hit $22.98 a share with a market value of $7.8 billion.  Russell founded the company at the age of 17.  He owns more than 100 million shares and his net worth overnight skyrocketed to $2.4 billion. He has created lidar sensor technology that uses lasers to power autonomous vehicles.  His technology is considered breakthrough.  Forbes is calling Russell the world's youngest, self-made billionaire. Lidar & Laser Tech with Big Investors Backing It Luminar Technologies' (LAZR) lidar tech utilizes lasers to bounce off the car's surroundings and lets it see where it is going.  It provides 360 degree surroundings' intelligence to