Volvo Wants to Seize Software and Chip Ordering From Suppliers

  • CEO Samuelsson sees more direct relationships with chipmakers
  • Current structure slows development and over-the-air updates
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Volvo Cars’ chief executive said his company needs to take more direct control of the software in its vehicles, which will dramatically transform its relationship with traditional auto suppliers.

Hakan Samuelsson summed up the structural changes that the Chinese-owned Swedish carmaker needs to make as “quite a revolution, really.” During EcoMotion Week, a mobility conference webcast from Tel Aviv, he said reliance on suppliers for certain functions slows Volvo down, and that setting up a more centralized electronics architecture will lead to more direct relationships with chip manufacturers.