Luminar Sues Volvo After Termination of LiDAR Agreement

Reuters
2025.11.17 13:31
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Luminar Technologies Inc. is suing Volvo Car Corporation after Volvo terminated their Framework Purchase Agreement, effective November 14, 2025. The agreement, signed in March 2020, involved Luminar supplying hardware and software for Volvo's global vehicle platform. Luminar seeks significant damages and has stopped further commitments of its Iris LiDAR products to Volvo. The outcome of the claim is uncertain.