Volvo Cars has terminated its supply deal with Luminar Technologies, the US-based automotive lidar pioneer whose financial position already looks perilous.

In a November 17 filing with the US Securities & Exchange Commission (SEC), Nasdaq-listed Luminar said it had received written notice of the termination from Volvo on November 14.

Originally signed in March 2020, the Volvo deal had provided Luminar with an anchor customer willing to deploy its particular approach to lidar, which uses a 1550 nm laser source to deliver relatively high optical power ahead…