Javier Varela, Volvo Cars’ Chief Operating Officer and Deputy CEO, also emphasized the significance of this achievement, stating, "The Volvo EX90 is designed to take Volvo safety to the next level and Luminar’s technology is part of making that vision a reality. "Luminar built a robust, vertically integrated technology and supply chain foundation early on from the semiconductor-level up, which is paying dividends in spades now that it’s time for scaled production." "Passing Volvo Cars’ Run at Rate is a key inflection point for Luminar to drive broad scale adoption of our technology," said Kevin Hinge, EVP of Supply Chain and Manufacturing. The successful completion of the test for Volvo Cars demonstrates Luminar's ability to achieve scale and underscores the company’s commitment to the highest standards of automotive safety. The Run at Rate served as a rigorous evaluation that assessed Luminar’s ability to manufacture its LiDAR sensors on its highly automated line in Mexico to meet increasingly higher levels of production rates, as well as quality, reliability, and performance requirements. The successful completion of Run at Rate is a key requirement for automakers in advance of start of production (SOP), and the precursor to the launch of the Volvo EX90 featuring Luminar as standard on every vehicle. The company successfully passed its first major Run at Rate production test for Volvo Cars at its highly automated, high volume manufacturing facility in Monterrey, Mexico. ![]() ORLANDO, Fla., October 06, 2023-( BUSINESS WIRE)-Luminar Technologies (Nasdaq: LAZR), a leading global automotive company, today announced a significant achievement towards enabling the world’s safest and smartest vehicles. ![]() ![]() Luminar successfully passes series production 'Run at Rate' test leading up to Volvo EX90 launch
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