Autoliv‘s China subsidiary and Geely Auto have entered a strategic cooperation agreement to “develop advanced safety technology for future vehicles”.

The non-exclusive collaboration includes a system approach to automotive safety and will cover 16 technologies.

“The objective is to develop products that will meet the future demand for safer vehicles and to save more lives,” a statement said.

“The automotive industry is experiencing an intensive phase of transformation. Global megatrends like sustainability, automation, electrification, and micromobility are shaping the future transport system. As these trends and new technologies reshape the mobility landscape, staying competitive requires agility, innovation, and disruptive strategies.”

The new cooperation is expected to accelerate speed getting advanced safety technologies to market.

Scope of the cooperation includes safety for high level autonomous driving, intelligent steering wheel technology, a 360° occupant safety system and the development of a sustainable leather replacement materials.

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By GlobalData

“The new cooperation between Autoliv and Geely shows our common intention to speed up the process of going to market with new safety technology that will save more lives,” said Autoliv China president Sng Yih.

“This strategic collaboration marks another milestone for Geely and Autoliv and gives us the opportunity to create cars with a new level of safety technology. Through our close cooperation, [we] can increase our respective innovation capacity and technical competitiveness in the automotive market,” said Guowang Kang, vice president, Geely Auto.

Supplier and automaker first began working together in 2002 and since developed technology such as a pre-pretensioner seatbelt and a steering wheel with hands off detection.