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Autoliv and Geely to develop superior security know-how for future automobiles

Autoliv and Geely to develop superior security know-how for future automobiles

STOCKHOLM and SHANGHAI, Oct. 24, 2022 /PRNewswire/ — Autoliv China, a subsidiary of the worldwide chief in automotive security methods, Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), and Geely Auto Group, a number one international vehicle producer, have entered a strategic cooperation settlement to develop superior security know-how for future automobiles. The collaboration features a system strategy to automotive security and can cowl 16 applied sciences. The target is to develop merchandise that may meet the long run demand for safer automobiles and to save lots of extra lives.

The automotive business is experiencing an intensive part of transformation. International megatrends like sustainability, automation, electrification, and micromobility are shaping the long run transport system. As these developments and new applied sciences reshape the mobility panorama, staying aggressive requires agility, innovation, and disruptive methods.

The brand new cooperation between Autoliv and Geely is anticipated to speed up the launch of recent superior security applied sciences to the market. The scope of the cooperation contains security for high-level autonomous driving, clever steering wheel know-how, a 360° occupant security system, and the event of a sustainable leather-based alternative.

“The brand new cooperation between Autoliv and Geely reveals our widespread intention to hurry up the method of going to market with new security know-how that may save extra lives. Geely is a powerful participant in a really dynamic and transformative business, and I’m happy that we have now established this cooperation in China. Our shared dedication to sustainability underpins and helps our collaboration”, mentioned Sng Yih, President, Autoliv China.

“This strategic collaboration marks one other milestone for Geely and Autoliv and provides us the chance to create vehicles with a brand new degree of security know-how. By our shut cooperation, each Geely and Autoliv can improve our respective innovation capability and technical competitiveness within the automotive market,” mentioned Guowang Kang, Vice President, Geely Auto.

Autoliv and Geely first started working collectively in 2002 which has since generated quite a few superior applied sciences, together with a pre-pretensioner seatbelt and a steering wheel with palms off detection know-how. The brand new collaboration is non-exclusive.

Inquiries: 

Media: Gabriella Ekelund, Tel +46 (70) 612 64 24
Traders & Analysts: Anders Trapp, Tel +46 (0)8 587 206 71
Traders & Analysts: Henrik Kaar, Tel +46 (0)8 587 206 14

The next information can be found for obtain:

SOURCE Autoliv

Autoliv and Geely to develop superior security know-how for future automobiles