Autoliv and JMC Form Strategic Partnership for Innovation and Expansion
Autoliv (NYSE: ALV) and Jiangling Motors Co., (JMC) announced a new strategic partnership to advance innovation and support global expansion. The collaboration builds upon their existing relationship, as Autoliv has been supplying seatbelts to JMC since 1997. The partnership aims to:
- Leverage both companies' strengths for enhanced global presence
- Focus on R&D for advanced safety technologies
- Create efficient supply chain and modularization opportunities
- Improve automotive product competitiveness
Autoliv, the worldwide leader in automotive safety systems, saved 35,000 lives and prevented 450,000 injuries in 2023 through their products, with sales amounting to US $10.5 billion.
Autoliv (NYSE: ALV) e Jiangling Motors Co., (JMC) hanno annunciato una nuova partnership strategica per promuovere l'innovazione e supportare l'espansione globale. La collaborazione si basa sul loro rapporto esistente, poiché Autoliv fornisce cinture di sicurezza a JMC dal 1997. La partnership mira a:
- Sfruttare i punti di forza di entrambe le aziende per una maggiore presenza globale
- Concentrarsi sulla R&S per tecnologie di sicurezza avanzate
- Creare opportunità di catena di fornitura efficienti e di modularizzazione
- Migliorare la competitività dei prodotti automobilistici
Autoliv, leader mondiale nei sistemi di sicurezza automobilistica, ha salvato 35.000 vite e prevenuto 450.000 incidenti nel 2023 grazie ai propri prodotti, con vendite che ammontano a 10,5 miliardi di dollari USA.
Autoliv (NYSE: ALV) y Jiangling Motors Co., (JMC) anunciaron una nueva asociación estratégica para avanzar en la innovación y apoyar la expansión global. La colaboración se basa en su relación existente, ya que Autoliv ha estado suministrando cinturones de seguridad a JMC desde 1997. La asociación tiene como objetivo:
- Aprovechar las fortalezas de ambas compañías para una mayor presencia global
- Focalizarse en I+D para tecnologías de seguridad avanzadas
- Crear oportunidades de cadena de suministro eficiente y modularización
- Mejorar la competitividad de los productos automotrices
Autoliv, el líder mundial en sistemas de seguridad automotriz, salvó 35,000 vidas y evitó 450,000 lesiones en 2023 a través de sus productos, con ventas que ascienden a 10.5 mil millones de dólares.
Autoliv (NYSE: ALV)와 Jiangling Motors Co., (JMC)가 혁신을 촉진하고 글로벌 확장을 지원하기 위한 새로운 전략적 파트너십을 발표했습니다. 이 협력은 Autoliv가 1997년부터 JMC에 안전벨트를 공급해온 기존 관계에 기초하고 있습니다. 파트너십의 목표는:
- 두 회사의 강점을 활용하여 글로벌 입지를 강화
- 고급 안전 기술을 위한 R&D에 집중
- 효율적인 공급망 및 모듈화 기회 창출
- 자동차 제품의 경쟁력 향상
전세계 자동차 안전 시스템의 선두주자인 Autoliv는 2023년에 자사의 제품을 통해 35,000명의 생명을 구하고 450,000건의 부상을 예방했으며, 판매액은 105억 달러에 달합니다.
Autoliv (NYSE: ALV) et Jiangling Motors Co., (JMC) ont annoncé un nouveau partenariat stratégique pour faire avancer l'innovation et soutenir l'expansion mondiale. La collaboration repose sur leur relation existante, Autoliv fournissant des ceintures de sécurité à JMC depuis 1997. Le partenariat vise à:
- Tirer parti des forces des deux entreprises pour une présence mondiale renforcée
- Se concentrer sur la R&D pour des technologies de sécurité avancées
- Créer des opportunités d'approvisionnement efficaces et de modularisation
- Améliorer la compétitivité des produits automobiles
Autoliv, leader mondial des systèmes de sécurité automobile, a sauvé 35 000 vies et évité 450 000 blessures en 2023 grâce à ses produits, avec des ventes s'élevant à 10,5 milliards de dollars.
Autoliv (NYSE: ALV) und Jiangling Motors Co., (JMC) haben eine neue strategische Partnerschaft angekündigt, um Innovationen voranzutreiben und die globale Expansion zu unterstützen. Die Zusammenarbeit basiert auf ihrer bestehenden Beziehung, da Autoliv seit 1997 Sicherheitsgurte an JMC liefert. Das Ziel der Partnerschaft ist es:
- Die Stärken beider Unternehmen zu nutzen, um die globale Präsenz zu erhöhen
- Sich auf F&E für fortschrittliche Sicherheitstechnologien zu konzentrieren
- Effiziente Lieferketten- und Modularisierungsangebote zu schaffen
- Die Wettbewerbsfähigkeit von Automobilprodukten zu verbessern
Autoliv, der weltweit führende Anbieter von Fahrzeugsicherheitssystemen, hat im Jahr 2023 durch seine Produkte 35.000 Leben gerettet und 450.000 Verletzungen verhindert, mit einem Umsatz von 10,5 Milliarden US-Dollar.
- Long-term established relationship since 1997 demonstrates stable business partnership
- Strategic expansion into Chinese automotive market through partnership with leading commercial vehicle manufacturer
- Potential for new revenue streams through global market opportunities
- R&D collaboration could lead to innovative safety technologies and product improvements
- None.
Insights
This strategic partnership between Autoliv and JMC represents a moderately positive development but with immediate financial impact. While the collaboration builds on a 26-year supplier relationship, it primarily focuses on future R&D initiatives and supply chain optimization. The deal's significance lies in strengthening Autoliv's position in China's evolving automotive market, particularly as JMC expands from commercial to passenger vehicles.
The partnership's emphasis on modularization and supply chain efficiency could yield cost benefits and market expansion opportunities, though concrete financial projections are absent. Given Autoliv's
This collaboration marks a strategic evolution in Autoliv's China market approach. JMC's transition from purely commercial vehicles into passenger vehicles presents new opportunities for Autoliv's safety systems portfolio. The emphasis on modularization suggests potential for standardized safety solutions that could streamline manufacturing and reduce costs across multiple vehicle platforms.
The timing aligns with China's automotive industry transformation, as domestic manufacturers increasingly target global markets. However, the partnership's success will largely depend on JMC's ability to penetrate the passenger vehicle segment and expand internationally. The absence of specific financial commitments or production targets suggests this is primarily a framework agreement for future collaboration.
JMC is a leading company in
The new strategic cooperation aims to leverage the companies' respective strengths and enhance global presence together. Efficient supply chain and modularization are expected to create new global market opportunities.
"This strategic partnership highlights Autoliv's commitment to building long-term relationships with key industry partners like JMC. Together, we will advance automotive safety technologies by bringing new innovations to market that redefine safety and comfort for drivers and passengers globally," said Sng Yih, President, Autoliv China.
The collaboration will focus on research and development to create advanced safety technologies that meet future market needs. The emphasis on innovation aims to improve the competitiveness of automotive products, offering drivers globally safer and more comfortable driving experiences.
"JMC is excited to deepen our collaboration with Autoliv," added Pinghui Li, General Manager, New Business, JMC. "Our shared vision for safety and innovation aligns perfectly, and we look forward to exploring new horizons in the automotive industry through this strategic alliance."
Inquiries:
Media: media@autoliv.com, Gabriella Etemad, Tel +46 (70) 612 64 24, Emelie Ericson, +46 (70) 957 81 35
Investors & Analysts: Anders Trapp, Tel +46 (0)8 587 206 71
Investors & Analysts: Henrik Kaar, Tel +46 (0)8 587 206 14
About Autoliv
Autoliv, Inc. (NYSE: ALV; Nasdaq Stockholm: ALIV.sdb) is the worldwide leader in automotive safety systems. Through our group companies, we develop, manufacture and market protective systems, such as airbags, seatbelts, and steering wheels for all major automotive manufacturers in the world as well as mobility safety solutions, such as pedestrian protection, connected safety services and safety solutions for riders of powered two wheelers. At Autoliv, we challenge and re-define the standards of mobility safety to sustainably deliver leading solutions. In 2023, our products saved 35,000 lives and reduced more than 450,000 injuries.
Our 70,000 associates in 25 countries are passionate about our vision of Saving More Lives and quality is at the heart of everything we do. We drive innovation, research, and development at our 14 technical centers, with their 20 test tracks. Sales in 2023 amounted to US
Safe Harbor Statement
This report contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Autoliv, Inc. or its management believes or anticipates may occur in the future. All forward-looking statements are based upon our current expectations, various assumptions and data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including general economic conditions and fluctuations in the global automotive market. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any such statements in light of new information or future events, except as required by law.
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SOURCE Autoliv
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