Volvo Cars does not plan to use autonomous driving technology from Tesla and will instead focus on developing its own systems, according to the company’s CEO.

Back in June, the Gothenburg-headquartered carmaker announced an agreement with Tesla to provide its electric vehicles access to 12,000 Tesla Superchargers in the U.S., Mexico, and Canada.

Volvo Cars Chief Jim Rowan confirmed in an interview with that the company has decided to control its technology stack internally, including advanced driver assistance systems (ADAS) and autonomous driving software.

Rowan stated, “We will continue to write that, we will continue to invest in that, and we’ll continue to develop that.”

As part of its strategy, Volvo Cars acquired full ownership of Zenseact, a company specializing in AD software.

Volvo Cars reported its second-quarter results, with earnings before interest and taxes of 5 billion Swedish krona (around $487.5 million), compared to 10.8 billion Swedish krona in the second quarter of 2022.

The company highlighted the strong sales performance of its electric cars, with a 178% increase year-on-year and accounting for 16% of its total share during the quarter.

Volvo Cars aims to have every car it sells fully electric by 2030 as part of its longer-term electrification strategy.

The automotive industry has faced supply chain issues and rising costs of materials for electric vehicle production in recent years.

Rowan discussed the current state of play, mentioning the decrease in lithium prices and improved availability of semiconductors compared to last year.

Despite facing challenges due to COVID-19 lockdowns, Volvo Cars reported manufacturing over 50% more cars this quarter compared to the same period last year.