Volvo inks deal With Nvidia to launch autonomous Driving System

Volvo inks deal With Nvidia to launch autonomous Driving System
The Siliconreview
19 June, 2019

AB Volvo, the second largest trucker maker is developing an AI used in autonomous trucks by joining hands with Nvidia Corp, Reuters reported. The announcement was made public on Tuesday. The partnership will last for several years, the companies stated.

The development will be carried out in Santa Clara and Gothenburg. There is no information about the financial terms of the deal. The truck maker unveiled a cabin-less self-driving truck in 2018. Now, it believes that the partnership with Volvo would develop a flexible, scalable self-driving system. The new system will be tested before commercial use.

According to Volvo, the new system is developed especially for ensuring safety in self-driving vehicles while driving in highways and public roads. The commercial use of autonomous technology by Volvo is expected to be ready by this winter.

People familiar with the matter said – “This coming winter, Volvo Trucks’ autonomous mining solution will be in operation and we will get paid per transported tonne.”

Nvidia, a strong force among the gaming graphics chips makers, has been tapping into the automotive sphere, where trucks-that are easier to handle in regular routes- may lead the way for autonomous driving.

Earlier, the chipmaker has inked deals with car makers such as Volkswagen AG, Mercedes-Benz, and Toyota Motor Corp. The company is extremely excited and happy with the new deal with Volvo.

The new development will boost the operations of both Nvidia and Intel.