Autoliv and Volvo Cars sign final agreement to form joint venture (Stockholm, Sweden, January 3, 2017) – – – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, and Volvo Cars, the premium car maker, have...Joint Venture Agreement • January 3rd, 2017 • Autoliv Inc • Motor vehicle parts & accessories
The joint venture, named Zenuity, will create a new entrant in the growing global market for autonomous driving software systems. It marks the first time a leading premium car maker has joined forces with a tier one supplier to develop new advanced driver assist systems (ADAS) and autonomous driving (AD) technologies.
