Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Sarah Grillo/Axios

Volvo Cars is preparing to launch its first fully self-driving technology for highways using lidar and perception technology provided by Luminar, an ambitious tech startup.

Why it matters: The partnership is a major milestone for both companies.

  • Unlike other hands-off highway driving systems, Volvo's technology would allow drivers to truly relax — taking their eyes off the road — while the car assumes full responsibility for driving.
  • The deal is Luminar's first production contract and a huge vote of confidence in its lidar system, which works with radar and camera sensors to help self-driving cars understand their environment.

Details: The system will debut as an option on Volvo's next-generation vehicles, starting in 2022, likely with the XC90 crossover.

  • The cars will be "hardware-ready" for autonomous drive, with the Luminar lidar seamlessly integrated into the roof — a huge design leap over the spinning contraptions mounted on today's self-driving test vehicles.
  • Using over-the-air software updates, the optional Highway Pilot feature will be activated once it is verified to be safe for specific locations and road conditions.
  • The companies are also exploring the use of lidar to improve future advanced driver assistance systems (ADAS).

How it works: There will be no ambiguity about when the driver needs to pay attention, says Patrik Björler, director of autonomous drive and mobility strategy at Volvo Cars.

  • "Either you are responsible for driving the car, or we are in autonomous mode," he tells Axios.
  • When the autonomous mode is activated, Volvo is fully liable for driving and the human driver can take their eyes off the road.

What's next: The companies said they'll deepen their collaboration to jointly ensure Luminar can manufacture and validate its lidar system for series production.

  • Volvo Cars also has an option to increase its minority stake in Luminar, which has raised $250 million to date.

Go deeper

Expert: Policy for autonomous vehicle industry is "like the Wild West"

Joann Muller (R) and Selika Josiah Talbott (L). Photo: Axios screenshot

A lack of federal policy has hampered the autonomous car industry's transparency with communities where the vehicles are tested, American University professor Selika Josiah Talbott said during a virtual Axios event on Tuesday.

What she's saying: "We need guidelines. Right now, it's like the Wild West. We need bumpers in place so we don't have rogue actions testing vehicles on the roadway and possibly causing harm to the general public," Talbott said.

3 hours ago - Politics & Policy

Senate Democrats target billionaires

Illustration: Annelise Capossela/Axios

After failing to get a deal on other planned tax increases, key Senate Democrats are pivoting to a billionaires' income tax to pay for President Biden's social spending.

The big picture: No advanced economy has attempted anything similar on such a scale.

Anti-abortion activists' Supreme Court dreams are coming true

Photo illustration: Annelise Capossela. Photos: Kevin Dietsch/Getty Images

This is the moment the conservative legal movement has been building toward for decades: The solidly conservative Supreme Court is about to hear two major abortion cases within a month of each other.

Why it matters: All of this is likely to end with significant new restrictions on abortion and a clear path for Republican-led states to win the next big abortion cases, too — the culmination of a long and bitter fight for control of the judiciary.