Comment Betting The Company Gone Wrong (Score 3, Insightful) 10
Luminar bet their company on a promise from Volvo that the EX90 would launch on time and have a certain sales volume. The EX90 was several years late and an engineering dumpster fire that nobody is buying. So sadly, their demise is pretty directly Volvo's fault (and before you go all racist and say "but the Chinese", no, it was idiots in Sweden that made prophetic declarations about how their SPA2 platform would be glorious without knowing how computers actually work and ended up making a car that (big surprise) didn't work.
It's a shame. I had the luck to work with a Luminar Iris lidar and it was pretty cool. Its disappointing to see them end like this.