Overview
- The companies announced an intent to form a joint venture to develop and manufacture advanced safety electronics for the Chinese automotive market.
- HSAE will own 60% of the venture and Autoliv will hold 40%.
- Headquarters and production are slated for a site near Shanghai close to several existing Autoliv locations.
- Initial product focus includes Hands-On Detection, pre-pretensioner mechatronic integration, and electronic applications for seatbelt systems and driver units.
- Formal establishment is targeted for Q1 2026 subject to approvals from Chinese authorities, with capabilities intended to serve customers in China and support markets beyond China.