(Stockholm, Swedenand Melaka, Malaysia, June 1, 2022) Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the world leader in automotive safety systems, demonstrated the possibilities of motorized airbags for two wheels during a crash test attended by the Minister of Transport of Malaysia on May 23. The test was carried out in connection with the tenth anniversary of the Malaysian Road Safety Research Institute (MIROS) laboratory.

Road accidents kill 1.3 million people every year and are the leading cause of death among children and young adults. More than 90% of road deaths occur in developing countries. The safety of motorcyclists is a major issue in South East Asia and motorcycle crashes accounted for 66% of all road deaths in Malaysia in 2021.

In 2021, Autoliv has entered into a partnership with MIROS, an organization with a progressive approach to road safety in Malaysia and a particular focus on motorized two-wheelers. The collaboration directly supports Autoliv’s the vision of Saving More Lives and United Nations Sustainable Development Goal (SDG) number three, which aspires to ensure good health and well-being for all, with one of its targets focusing on reducing half of deaths and injuries in road accidents.

“I am very enthusiastic and fully support the development of this motorcycle airbag technology. I am sure that MIROS will support and cooperate with Autoliv in the development of this technology and to assess its potential to save our country’s motorcyclists in the future,” says Dr Wee Ka SiongMinister of Transport in Malaysia.

Autoliv is committed to our vision of saving more lives and delivering world-class lifesaving solutions for mobility and society. Autoliv prioritizes the development of products that specifically protect vulnerable road users. Developing these products is an integral part of our sustainability program and an important step towards our goal of saving 100,000 lives every year,” says Mikael BrattCEO and President, Autoliv.

The MIROS crash test laboratory, PC3 crash lab, has played an important role in the vehicle security ecosystem over the past decade. Industrial partners such as Autoliv carry out research and development activities in collaboration with the test laboratory to improve the level of road and vehicle safety in South East Asia and around the world.

“It was a privilege to be part of the MIROS tenth anniversary event and to be invited to perform a crash test with a new technology that brings us one step closer to saving more lives in South East Asia. Autoliv has an important role to play in markets like Malaysiaand i’m proud to see Autoliv’s airbag for motorized two-wheelers that are generating interest in the country,” says Cecilia Sunnevång, vice president of research at Autoliv.

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About Autoliv

Autoliv, Inc. (NYSE: ALV; Nasdaq Stockholm: ALIV.sdb) is the world leader in automotive safety systems. Through our group companies, we develop, manufacture and market protection systems, such as airbags, seat belts and steering wheels for all major car manufacturers in the world, as well as safety solutions for the mobility, such as pedestrian protection, connected security services and safety solutions for motorized two-wheeler drivers. To Autoliv, we challenge and redefine mobility safety standards to sustainably deliver cutting-edge solutions. In 2021, our products saved nearly 35,000 lives. Each year, our products prevent more than 300,000 serious injuries. Our more than 60,000 associates in 28 countries are passionate about our vision of Saving More Lives and quality is at the heart of everything we do. We stimulate innovation, research and development in our 14 technical centers, with their 20 test tracks. Sales in 2021 amounted to US $8.2 billion. For more information, visit www.autoliv.com.

Safe Harbor Statement

This report contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Autoliv, Inc. or its management believes or anticipates that it may occur in the future. All forward-looking statements are based on our current expectations, various assumptions and data available from third parties. Our expectations and assumptions are expressed in good faith and we believe they are reasonably well founded. However, there can be no assurance that such forward-looking statements will occur or prove to be accurate, as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ. real futures. materially about future results, performance or achievements expressed or implied by such forward-looking statements. Many risks, uncertainties and other factors could cause actual results to differ materially from those set forth in the forward-looking statements, including general economic conditions and fluctuations in the global automotive market. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise such statements. statements in light of new information or future events, except as required by law.

https://news.cision.com/autoliv/r/autoliv-and-malaysian-institute-of-road-safety-research-collaborate-to-save-more-lives,c3577145

https://mb.cision.com/Main/751/3577145/1586684.pdf

https://news.cision.com/autoliv/i/autoliv-and-malaysian-minister-of-transport,c3055113

(c) Decision 2022. All rights reserved., sources Press Releases – English


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