These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Luminar’s management and are not predictions of actual performance. These forward-looking statements include, but are not limited to, statements regarding our expectations that Luminar and Polestar will successfully integrate Luminar lidar into the Polestar 3 and Polestar 5, that such vehicles will achieve the launch timing predicted, and that doing so will result in significant vehicle sales. Forward-looking statements generally are accompanied by words such as “aims”, “believe,” “may,” “will,” “estimate,” “set,” “continue,” “towards,” “anticipate,” “intend,” “expect,” “should,” “would,” “forward,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters.
For more information please visit Contact InformationĬertain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995.
From Volvo Cars and Mercedes-Benz for consumer vehicles and Daimler Trucks for commercial trucks, to tech partners NVIDIA and Intel’s Mobileye, Luminar is poised to be the first automotive technology company to enable next-generation safety and autonomous capabilities for production vehicles.
LUMINARTECH SOFTWARE
For the past decade, Luminar has built an advanced hardware and software platform to enable its more than 50 industry partners, including the majority of global automotive OEMs. Luminar is a global automotive technology company ushering in a new era of vehicle safety and autonomy.
LUMINARTECH SERIES
There is no change to the existing expected delivery timing on Polestar 3 overall, or the series production timing of Luminar’s LiDAR independent of Polestar. First deliveries of Polestar 3 with lidar are expected before the end of 2024. Deliveries of orders for Polestar 3 without lidar, which opened on the day of the world premiere, 12 October 2022, are expected in Q4 2023. Orders in all other Polestar markets are expected to start at a later date.Ģ. Orders in Australia follow slightly later in February, and are planned to start in China from mid-April.
Orders for Polestar 3 with lidar from Luminar start in European and North American Polestar markets on 2 February. With this new expanded partnership and our shared pioneering spirit, we will push the boundaries of automotive technology and design into new territories for the next generations,” said Austin Russell, Founder and CEO, Luminar.ġ. “As we successfully execute together, Polestar’s conviction in Luminar and the value of our technology has continued to accelerate. We look forward to combining our R&D and product design expertise to deliver truly stunning lidar integration and capabilities for the Polestar brand,” comments Polestar CEO, Thomas Ingenlath.īoth the Polestar 3 and Polestar 5 will seamlessly integrate Luminar’s long-range Iris lidar and software into the roofline.Ĭoinciding with the announcement, sales of Polestar 3 with lidar have been brought forward so that customers in initial markets can now place orders for Polestar 3 with lidar, with deliveries expected in 2024. “Luminar is at the forefront of lidar technology development and this closer collaboration will allow for greater innovation in our cars to come. This expanded partnership provides a foundation to further collaborate on lidar integration and design on Polestar’s future vehicles. GOTHENBURG, SWEDEN and ORLANDO, FLORIDA Polestar (Nasdaq: PSNY) and Luminar (Nasdaq: LAZR) announced plans to deepen their partnership by expanding the integration of Luminar’s technology on the Polestar 5 – the electric 4-door GT expected to launch in 2024 based on the Polestar Precept concept car. New expanded partnership extends scope for future cars including Polestar 5 Polestar 3 with Luminar lidar now available to order at
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