Autoliv (ALV) and China Automotive Technology and Research Center – CATARC -, a 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 aims 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, testing and certification support, international business development and public welfare and sustainability initiatives.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALV:
