STOCKHOLM--October 19, 2012:
“This will allow Autoliv to continue its market leadership in the world's largest and fast growing automobile market”
Autoliv, Inc. , the worldwide leader in automotive safety, has decided to expand its technical center for active safety and vehicle restraint development in Shanghai, China. It will allow the Company to increase its crash testing, engineering of passive and active safety systems, as well as global core airbag development in China.
Currently, 6% of Autoliv's 7,200 employees in China work in engineering and product development including our vehicle crash testing center. These 430 employees represent 10% of Autoliv's global headcounts in research, development engineering (R,D&E).
Autoliv is investing an estimated $8 million in this building and test equipment. The current tech center is 17,000 square meters (sqm) and will be 20,500 sqm after expansion. Autoliv is adding an additional state of the art crash simulation test track and office space for 130 more technical experts.
"This will allow Autoliv to continue its market leadership in the world's largest and fast growing automobile market," stated Jan Carlson, President and CEO of Autoliv, Inc.
