Autoliv, Inc. (ALV), a leader in automotive safety systems, announced on Thursday a strategic partnership with Jiangling Motors Co., Ltd. (JMC), a prominent Chinese automobile manufacturer, alongside Autoliv (Shanghai) Management Co., Ltd. This collaboration aims to accelerate innovation and support the firms’ global expansion efforts.
Sng Yih, President of Autoliv China, stated: "Our joint efforts will propel advancements in automotive safety technologies, introducing novel solutions that enhance safety and comfort for drivers and passengers worldwide. The focus of our collaboration will be on research and development to engineer cutting-edge safety technologies aligned with future market demands."
