STOCKHOLM, Dec. 5, 2019 /PRNewswire/ -- At CES 2020,
Veoneer, a world-wide leader in autotech, will reveal how it
believes daily driving in the future will change, showcasing a
range of new driver support, collaborative driving and self-driving
solutions that are set to become mainstream in the coming
decade.
For the first time, Veoneer will demonstrate a new product on
the roads of Las Vegas, which
allows drivers to simply push a button when driving and then
take their hands off the steering wheel and let the car
safely handle parts of the daily commute.
This will be the fifth time Veoneer participates at CES, and the
first time the company shows its advanced capabilities on public
roads. "The daily commute is going to get easier," said
Jan Carlson, Chairman, President and
CEO of Veoneer. "At CES, we'll show you how."
The vehicles at the show will be equipped with sensors,
computers and software that are either available today, or just
around the corner. The demonstration vehicles at CES will feature
the full Zenuity system software capability which will be
commercially launched in 2020. In addition, Veoneer will
demonstrate the increasing importance of data for the safety and
convenience of tomorrow's traffic.
The new solution runs on software developed by Zenuity, the
autonomous driving and assisted driving software developer co-owned
by Veoneer and Volvo Cars. "The daily struggle with traffic jams is
an unfortunate fact of life. This technology will make it better.
Drivers and passengers will arrive at their destinations more
relaxed and better prepared for whatever the rest of the day
involves," said Dennis Nobelius, CEO of Zenuity.
Some of the other core technologies that will be highlighted,
displayed and demonstrated by Veoneer at CES are next generation
vision cameras and radars, 5G technology in partnership with
Ericsson and Ericsson Connected Vehicle Cloud to enable and enhance
Veoneer solutions, driver and in-cabin monitoring, and next
generation thermal imaging.
Veoneer's CES 2020 Booth:
Schedule a visit to Veoneer at the LVCC Platinum Lot, Booth
#PL1, 3361 Swenson Street.
Veoneer's Speaker Sessions:
Meet Veoneer's executives at the following Panel Sessions:
- CES 2020 Research Summit
Collaborative Driving and the Future of Trust in Mobility
Tuesday, January 7, 10:15am - 11:15am, LVCC North Hall N256
Jan Carlson, Chairman,
President, and CEO
Ola Boström, Vice President Research
- Partnerships Drive Innovation for Autonomous
Vehicles
Thursday, January 9, 10:15am - 11:15am, LVCC North Hall N262
Nishant Batra, Executive Vice
President and Chief Technology Officer
For more information please contact:
Thomas Jönsson, EVP Communications & IR, tel +46
(0)8 527 762 27
Ray Pekar, Investor Relations,
tel +1 (248) 794-4537
Veoneer designs and manufactures products and
solutions for active safety, autonomous driving, occupant
protection and brake control. Our purpose is to create trust in
mobility. Founded in 2018, Veoneer builds on a heritage of close to
70 years of automotive safety development. Headquartered in
Stockholm, Sweden, Veoneer has
9,100 employees in 13 countries. In 2018, sales amounted to
$2.2 billion. Veoneer is listed on
the New York Stock Exchange and on Nasdaq Stockholm
Safe Harbor Statement: This release 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 Veoneer, 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/or 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 forward-looking statements in light
of new information or future events, except as required by
law.
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SOURCE Veoneer