Saturday, July 19, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Real Estate

Volvo Cars looks to Nvidia-powered software, ‘megacastings’ for future EVs

by Stephanie Irvin
in Real Estate
Volvo Cars looks to Nvidia-powered software, ‘megacastings’ for future EVs
Share on FacebookShare on Twitter


VOLVO Cars will use a single software system backed by powerful chips from Nvidia for all future models and will rely on “megacastings” to cut costs for electric cars, the company said on Thursday (Sep 5).

In releases ahead of a planned investor event in Gothenburg, Volvo said that starting with its flagship electric EX90 model – which the Swedish automaker will begin delivering to customers this month – it will have a single “technology stack” for all car models.

The EX90’s software system is backed by Nvidia’s Drive Orin system-on-a-chip, which is capable of over 250 trillion operations per second (Tops) and will be replaced later this decade by a chip capable of 1,000 trillion Tops, Volvo said.

That software will help Volvo build better safety systems for its cars and constantly improve vehicles in circulation via over-the-air updates, chief engineering & technology officer Anders Bell said.

Most major automakers say software-defined electric vehicles (EVs) will provide opportunities to generate billions of US dollars in additional revenue from selling subscription services, but Bell said Volvo will not pursue that business model.

“The primary goal is to make the car better and have a more sticky product, not to sell a lot of subscriptions,” he said.

BT in your inbox

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

Bell said Volvo will rely on “megacastings”, which like gigacasting use massive presses to make large single aluminium pieces of vehicle underbodies.

Using those large single pieces lowers costs as they replace many individual pieces that need to be welded together.

Tesla has been a pioneer in the use of gigacasting, with a growing number of automakers including General Motors and Nissan following suit.

Bell said that through the use of megacasting, Volvo will also be able to greatly increase the use of recycled aluminium and reduce emissions throughout its supply chain. REUTERS

Tags: CarsEVsFuturemegacastingsNvidiapoweredSoftwareVolvo
Stephanie Irvin

Stephanie Irvin

Next Post
Lloyd’s of London reports 26% jump in H1 profit

Lloyd's of London reports 26% jump in H1 profit

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2024 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In