Hyperdrive
Volvo's New CEO Says Carmaker Must Smarten Up on Software
- Jim Rowan took over as CEO last week from Hakan Samuelsson
- Carmaker is adding hundreds of staff for software development
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Volvo Car AB needs to be more in control of the software it develops and deploys in its vehicles, the automaker’s new chief executive officer said.
Increasing the computing power of cars will be more difficult and transformative for the auto industry than the switch to electric from combustion propulsion, Jim Rowan, who took over the top job last week, said in an interview on Tuesday.