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Autoliv Inc. (NYSE: ALV; Nasdaq Stockholm: ALIV.sdb) is the global leader in automotive safety systems, dedicated to protecting lives with state-of-the-art safety technologies. Headquartered in Stockholm, Sweden, and incorporated in Delaware, USA, Autoliv develops, manufactures, and markets a wide range of automotive safety products including airbags, seatbelts, steering wheels, and advanced safety systems such as radar, night vision, and camera vision systems.
With a workforce of over 70,000 associates spread across more than 27 countries, Autoliv operates 14 technical centers and 20 test tracks, driving innovation and setting new standards in automotive safety. The company holds a prominent market share globally, with approximately 37% in passive safety and 20-25% in active safety segments.
In recent years, Autoliv has focused on several strategic advancements and collaborations. Notable among its recent projects is a strategic partnership with XPENG AEROHT, a leading innovator in flying cars in Asia, to pioneer safety solutions for future mobility. This collaboration underscores Autoliv's commitment to exploring new frontiers in vehicle safety.
Financially, Autoliv reported sales of $10.5 billion in 2023. The company continues to optimize its global footprint and streamline operations to enhance its competitive position. This includes workforce reductions and the relocation of manufacturing facilities to adapt to market demands and ensure long-term sustainability.
Autoliv's commitment to product excellence and innovation enables it to save lives and reduce injuries on the road. In 2022 alone, Autoliv's products were credited with saving close to 35,000 lives and preventing 450,000 injuries.
For more detailed information on Autoliv’s latest achievements, developments, and financial updates, visit their official website at www.autoliv.com.
Autoliv (NYSE: ALV), a global leader in automotive safety solutions, has introduced airbag cushions made from 100% recycled polyester. The new material reduces greenhouse gas emissions by about 50% at the polymer level.
This initiative aligns with Autoliv's goal to achieve net-zero emissions across its supply chain by 2040. The company has collaborated with key supply chain partners to develop and test the recycled polyester, ensuring it meets safety standards. The technology is now available for global customers, marking a significant step toward sustainability.
Chief Technology Officer Jordi Lombarte emphasized Autoliv's commitment to climate action and circularity.
Autoliv, a global leader in automotive safety systems, has partnered with XPENG AEROHT, Asia's leading flying car innovator, to develop safety solutions for flying cars. This strategic agreement aims to combine Autoliv's expertise in safety with XPENG AEROHT's advanced flying car technology. The collaboration seeks to pioneer innovative safety measures, ensuring the highest safety standards for future mobility solutions.
Both companies are committed to revolutionizing the flying car industry, with Autoliv's President, Sng Yih, emphasizing the potential of this partnership to make flying cars a reality. XPENG AEROHT's President, Deli Zhao, highlighted that the collaboration represents a significant upgrade to their supply chain and aims to create the safest electric flying car for users.
The partnership underscores the companies' dedication to leveraging innovation and collaboration to capture new mobility opportunities and set high safety standards for the emerging flying car market.
Autoliv, Inc. announced the results of its 2024 Annual General Meeting of Stockholders, including the election of directors, approval of executive compensation, and appointment of an auditing firm. The company is a global leader in automotive safety systems, saving lives and reducing injuries through its products and solutions.
Autoliv, Inc. (NYSE: ALV) declared a quarterly dividend of 68 cents for the second quarter of 2024. The dividend will be payable to holders of record on May 23, with different payment dates for stockholders on NYSE and Nasdaq Stockholm. Autoliv is a global leader in automotive safety systems, focusing on saving lives through innovative safety solutions.
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