Autoliv to collaborate with Polestar on groundbreaking climate-neutral car
Autoliv (NYSE: ALV) announced its collaboration with Polestar on the 'Polestar 0' project aimed at developing a climate-neutral car by 2030. This initiative includes partnerships across the automotive supply chain to foster innovation and sustainability in manufacturing. Autoliv commits to becoming carbon neutral in its operations by 2030 and achieving net-zero emissions across its supply chain by 2040. The collaboration focuses on automotive safety innovations such as pyrotechnics and materials for airbags and seatbelts.
- Collaboration with Polestar aligns with Autoliv's sustainability goals.
- Commitment to become carbon neutral in operations by 2030.
- Aim for net-zero emissions across the supply chain by 2040.
- None.
STOCKHOLM, Feb. 23, 2022 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) and (SSE: ALIV.sdb), the worldwide leader in automotive safety systems, today announces its intent to collaborate with Polestar in its industry-leading initiative Polestar 0. The goal is to develop a truly climate-neutral car by 2030.
The "Polestar 0" project unites companies across the automotive supply chain to leverage innovation and collaboration to address the climate crisis and change the view of how to manufacture cars in a sustainable way. The collaboration is in line with Autoliv's commitment to be the first automotive safety supplier to become carbon neutral in its own operations by 2030 and aim for net-zero emissions across its supply chain by 2040.
Autoliv and Polestar intend to research and develop technology aiming at finding climate neutral solutions and innovations related to automotive safety such as pyrotechnics, textiles, and new generations of materials for airbags and seatbelts.
"We are happy and proud to join forces with Polestar. To reach our ambitious climate targets, we need to collaborate across the value chain. We are well-positioned to continue to support our partners and customers in achieving their sustainability goals," says Mikael Bratt, President and CEO of Autoliv.
"It was clear from the start that this is not a solo-mission and we are very excited to present such a strong line-up of interested partners, all leaders within their fields, including Autoliv. We are leveraging innovation and collaboration to address the climate crisis," says Thomas Ingenlath, Polestar CEO.
More information about Autoliv's Sustainability and Climate commitment is found at www.autoliv.com.
Inquiries:
Media: Gabriella Ekelund, Tel +46 (70) 612 64 24
Investors & Analysts: Anders Trapp, Tel +46 (0)8 587 206 71
Investors & Analysts: Henrik Kaar, Tel +46 (0)8 587 206 14
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
Autoliv to collaborate with Polestar on groundbreaking climate neutral car |
View original content:https://www.prnewswire.com/news-releases/autoliv-to-collaborate-with-polestar-on-groundbreaking-climate-neutral-car-301488262.html
SOURCE Autoliv
FAQ
What is the purpose of Autoliv's collaboration with Polestar?
What are Autoliv's climate goals?
When was the collaboration between Autoliv and Polestar announced?
What technologies are Autoliv and Polestar focusing on?
