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DETROIT Volvo Cars will use a new generation of high-powered chips from Nvidia to enable more autonomous driving functions in future vehicles, starting next year.
Volvo is among a crowd of new and established automakers putting digital processing power ahead of horsepower as they try to catch up with Tesla.
Tesla has taken the lead in software-driven features and functional capability in part by equipping its cars and SUVs with powerful, and expensive, on-board computers that can manage complex tasks such as automated driving, and be upgraded over the air.
For Nvidia, the Volvo agreement, a similar deal with electric vehicle startup Faraday Future, and other agreements expected in the coming weeks mark a reboot of growth for the California-based gaming and data center processor company s automotive business.
Nvidia, Volvo Cars accelerate auto industry s data-processing power race
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Nvidia, Volvo Cars accelerate auto industry s data-processing power race
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Volvo, SSAB plan first fossil-free steel trucks on road to carbon neutrality
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Last Updated: Apr 08, 2021, 02:23 PM IST
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Synopsis
Volvo plans to start production this year of prototype vehicles and components from steel made by SSAB using hydrogen produced from renewable energy. Small-scale serial production will start in 2022.
AP
Swedish truck maker AB Volvo and steel maker SSAB have signed an agreement to produce the world s first vehicles made of fossil-free steel, the companies said on Thursday. Volvo plans to start production this year of prototype vehicles and components from steel made by SSAB using hydrogen produced from renewable energy. Small-scale serial production will start in 2022.