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Volvo CEO: will not use Tesla's self-driving technology, will continue to focus on independent research and development

2025-03-26 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)11/24 Report--

CTOnews.com, July 21 (Xinhua)-- Jim Rowan, president and CEO of Volvo Motor, was interviewed by a CNBC program on Thursday, local time. In the course of the interview, the reporter asked, "after connecting to Tesla's NACS charging standard, will you consider using Tesla's autopilot technology?" Luo Wenlin gave the following reply:

We have decided to completely develop our own advanced auxiliary driving technology, until we develop a complete autopilot software, we will continue to write (program), continue to invest, continue to develop.

▲ Tuyuan Volvo the group recently announced the results of its second group. Net sales of the Volvo group rose 18% to 140.8 billion Swedish kronor (CTOnews.com note: currently about 97.568 billion yuan), according to the financial report. After deducting the effect of exchange rate fluctuations, net sales income increased by 11%. The adjusted operating profit was SEK 21.732 billion (compared with 13.745 billion in the same period last year) and the adjusted operating margin was 15.4 per cent (11.6 per cent in the same period last year).

According to previous reports by CTOnews.com, Musk mentioned that allowing car owners to transfer FSD; "one-time" to FSD software licensing was open when he released his second-quarter results. "We are very willing to license our FSD software and hardware to other car companies." We are having preliminary discussions with an OEM manufacturer on the use of Tesla FSD.

In addition, Volvo announced at the end of last year that it had taken full control of Zenseact, which specializes in self-driving software development and completed a strategic investment by Yigatong, Geely's technology unicorn, in July 2021.

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