Autoliv (ALV) announced its intent to form a new joint venture with Hangsheng Electric Co., or HSAE, a Chinese developer of automotive electronics. The joint venture will focus on developing and manufacturing advanced safety electronics for the rapidly evolving Chinese automotive market. “The joint venture is expected to be formally established in Q1 2026, pending regulatory approvals from relevant Chinese authorities. Autoliv will hold a 40 percent stake, while HSAE will hold 60 percent, reflecting a shared commitment to innovation and long-term collaboration. The headquarters and production facilities of the new joint venture will be located strategically near Shanghai and close to several existing Autoliv sites in China. The focus will be on products that include features such as: Hands-On Detection; Pre-pretensioner mechatronic integration; Electronic applications for seatbelt systems and driver units,” the company stated.
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