Russell said Luminar has agreements with four automakers, this includes Volvo and the Toyota Research Institute, the Japanese automaker's r&d arm. Volvo has become the latest car manufacturer to partner with US start-up Luminar , and will make a "significant" investment in the Japanese firm, according to Luminar . Luminar CEO Henrik Green said the company's system uses a single laser and receiver to offer " 50 times greater resolution and 10 times the range" of its rivals. Austin Russell has agreements with Toyota Research Institute , as well as one-third other car manufacturers, and aims to produce 5,000 units a quarter by the end of the year . Volvo recently announced one-third of its cars would be self-driving by 2025 .
Volvo has become the latest car manufacturer to partner with US start-up Luminar , and will make a "significant" investment in the Japanese firm, according to Luminar . Luminar CEO Henrik Green said the company's system uses a single laser and receiver to offer " 50 times greater resolution and 10 times the range" of its rivals. Austin Russell has agreements with Toyota Research Institute , as well as one-third other car manufacturers, and aims to produce 5,000 units a quarter by the end of the year . Volvo recently announced one-third of its cars would be self-driving by 2025 .