Autoliv, Inc. (NYSE:ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, and China Automotive Technology and Research Center Co (CATARC), the leading research institution setting standards in China's automotive sector, have signed a strategic agreement to jointly advance automotive safety standards and innovation in China and beyond.
This partnership brings together Autoliv's global leadership in automotive safety and CATARC's comprehensive technical service capabilities to establish an integrated domestic and international service system to identify and enhance safety standards for all vehicles produced in China.
The collaboration will span research and development, testing, certification, and standards alignment-providing technical support for the R&D and global expansion of Chinese automakers.
The collaboration will focus on four key areas:
- Collaborative Research in Safety Technologies - Advancing next-generation safety systems through quality and innovation.
- Testing and Certification Support - Enhancing efficiency and reliability in safety validation processes.
- International Business Development - Supporting Chinese OEMs in expanding globally with world-class safety.
- Public Welfare and Sustainability Initiatives - Promoting safer mobility and sustainable development through joint advocacy and innovation.