(SWEDEN)

Volvo is driving the development of ‘next generation self-driving car technologies’ as part of a pioneering new collaboration.

It is teaming up with safety tech specialists, Autoliv, and NVIDIA, who work in artificial intelligence, to advance software innovations for autonomous vehicles. They will be joined by new tech company Zenuity – jointly owned by Volvo Cars and Autoliv.

“This cooperation with NVIDIA places Volvo Cars, Autoliv and Zenuity at the forefront of the fast moving market to develop next generation autonomous driving capabilities and will speed up the development of Volvo’s own commercially available autonomous drive cars,” said Hakan Samuelsson, president and chief executive of Volvo Cars.

Volvo has said it will have fully autonomous cars on the market by 2021.

Jensen Huang, chief executive of NVIDIA, added: “Artificial intelligence is the essential tool for solving the incredibly demanding challenge of autonomous driving. We are building on our earlier collaboration with Volvo Cars to create production ready vehicles that will make driving safer, lead to greener cities and reduce congestion on our roads.”