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Home News

Volvo acquires valet based tech company Luxe

by Mark Leo
September 10, 2017
Volvo S90 exterior with a range of concierge services

Volvo S90 exterior with a range of concierge services

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Whilst many auto manufacturers are jumping on the autonomous driving bandwagon, Volvo themselves are taking it one step further by acquiring Luxe, a US based premium valet, and concierge service. The app allows people to call a valet to park, wash and service their cars.

Why would Volvo want to acquire such a company? For one thing, they are going to take everything, lock, stock, and barrel. That means all of its technologies and the developers, data scientists and engineers. The team would join Volvo’s digital team in Silicon Valley.

The Silicon Valley office provides an additional centre of gravity for Volvo Cars’ efforts in building digital products and services for its global business across Europe, Asia, and the Americas. For example, it was deeply involved in the development of a pilot program for on-demand refuelling for Volvo owners in San Francisco. To take it further, imagine if all you need to do is drive up to your destination and your car can find its own parking.

Atif Rafiq, Senior Vice President Group IT & Chief Digital Officer

“Our vision is a future in which technology simplifies life so you never have to stop at a petrol station, go to a car wash or even take your car in for service ever again. The acquisition of Luxe is a step towards realising that ambition. I look forward to working closely with the highly talented team at Luxe who created its advanced technology from the ground up,” said Atif Rafiq, Chief Digital Officer at Volvo Cars.

The acquisition of the Luxe platform is expected to considerably accelerate Volvo Cars’ ability to offer digital customer experiences such as pick-up and drop-off services, adding a new level of convenience for Volvo owners. More specifically, the technology behind Luxe provides the company with advanced algorithms in the areas of routing, logistics planning and arrival time prediction.

ALSO READ:  Volvo Announces The XC70 As Its First Range-Extended PHEV

“As more and more of our cars are connected, the availability of digital services becomes a critical part of the process of selecting a new car. Simplification of experience and placing control directly into the hands of the consumer is what today’s technologies enable, and what defines our vision in the digital space,” said Mr Rafiq.

Silicon Valley-based Luxe has operated previously in a select number of major US cities, including San Francisco, New York and Chicago. The service allowed drivers to drop off their car at any point in the city, where a professional valet took care of finding a secure parking spot, as well as fuelling and cleaning the car if the customer desired.

[Source: Volvo]

Filed Under Automotive Technologyon demandParkingVolvo
Updated 3:15 pm, Sun, 10 September 17
http://lowy.at/S6JOW
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