Autoliv New Core Partner in Vehicle ICT Arena
February 10 2016 - 8:14AM
Business Wire
Regulatory News:
Autoliv AB (NYSE:ALV) (STO:ALIVSDB)
Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader
in automotive safety systems, reinforces its partnerships within
traffic and vehicle safety. Today, Autoliv announces its
strengthened involvement in the Swedish industry initiative Vehicle
ICT Arena – now as a Core Partner. Other Core Partners are
Combitech, Ericsson, Volvo Cars and Volvo Group. The initiative
gathers 45 partners and is coordinated by Lindholmen Science
Park.
Autoliv will contribute to the initiative by participating in
overarching strategic direction and management, in joint forums and
arenas, as well as in specific projects.
”With the digitalization of the vehicle fleet and the rapid
development within autonomous driving, the automotive is reclaiming
its historically central role as platform for both industrial and
economic development. We look forward to developing new
collaborations via Vehicle ICT Arena which save more lives”, says
Johan L�fvenholm, Group Vice President Product & Process
Development, Autoliv.
The global industrial need for broad cooperation and common
industry standards is ever increasing. By designing common rules
and development languages within areas such as safety, environment,
and energy consumption, it is possible to both secure the degree of
innovation in the automotive industry and simultaneously make it
easier for an increased number of new innovation-intense companies
to contribute to this development. Vehicle ICT Arena is an
important element in this process, and a catalyst for the creation
of new business models, industry standards and globally competitive
competencies.
Vehicle ICT Arena gathers automotive companies and industrial
suppliers, as well as engineering companies, research institutes
and universities to create an open platform for innovation and
competence supply, mainly within automotive IT.
Autoliv was previously a premium partner of Vehicle ICT Arena,
but now extends its involvement as Core Partner.
Innovation through security
According to Johan L�fvenholm, it is especially important to
secure common operational processes which shorten lead times
between new ideas and new products, and which open up the market
towards a broader spectrum of innovative actors – albeit without
ever compromising process and product security.
”We are glad to see a growing number of innovative industries
and sectors gather around the automotive industry. Simultaneously
though, it is important to actively secure processes which both
increase innovation and which don’t decrease but actually increase
security and quality. Here, Autoliv has an important role to play”,
Johan L�fvenholm comments.
More collaborations
Autoliv is also engaged in several other Swedish research and
industry initiatives. Among them, Drive Me, a development project
for autonomous vehicles, the Chalmers University of Technology
Vehicle and Traffic Safety Center (SAFER), testing facility
AstaZero, the Wallenberg Autonomous Systems Program (WASP),
strategic innovation program Drive Sweden, as well as several other
research projects together with several Swedish universities.
About Autoliv
Autoliv, Inc., the worldwide leader in automotive safety
systems, develops and manufactures automotive safety systems for
all major automotive manufacturers in the world. Together with its
joint ventures, Autoliv has close to 80 facilities with more than
60,000 employees in 27 countries. In addition, the Company has ten
technical centers in nine countries around the world, with 20 test
tracks, more than any other automotive safety supplier. Sales in
2015 amounted to US $9.2 billion. The Company's shares are listed
on the New York Stock Exchange (NYSE: ALV) and its Swedish
Depository Receipts on the OMX Nordic Exchange in Stockholm (ALIV
sdb). For more information about Autoliv, please visit our company
website at www.autoliv.com.
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. The Company undertakes no obligation to
update publicly or revise any forward-looking statements in light
of new information or future events. 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 any such statement.
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AutolivThomas J�nssonGroup Vice President CommunicationsTel: +46
(0)8-58 72 06 27
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