STOCKHOLM, June 18, 2024 /PRNewswire/ -- Autoliv,
(NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive
safety solutions, continues its journey to a sustainable future by
introducing airbag cushions made of 100% recycled polyester which
significantly reduce the greenhouse gas (GHG) footprint of
airbags.
In collaboration with key supply chain partners, Autoliv has
developed yarns, fabrics, and cushions made from 100% recycled
polyester for use in airbag production. The completed testing of
the new material demonstrates that the airbag cushion provides
equal safety functionality to a standard polyester airbag while
reducing GHG emissions by approximately 50% at the polymer
level.
Using this new recycled material is a crucial step toward
Autoliv's commitment to reduce emissions across its product range
and will contribute to Autoliv's ambition to achieve net-zero GHG
emissions across the supply chain by 2040.
Autoliv's Chief Technology Officer, Jordi Lombarte, states, "We are walking the talk
on our climate ambitions at Autoliv, by bringing the first
technology to create airbags using 100% recycled polyester fabric.
We have successfully proven the technology and are ready to offer
it to our customers worldwide."
Autoliv continuously develops processes and products in a
resource-efficient manner while minimizing environmental impact.
The airbag cushion made with 100% recycled polyester is now part of
Autoliv's product portfolio, and the new material is available for
global customers.
"We are leading the way in developing airbags made from recycled
polyester on current airbags. This milestone reflects our
commitment to climate action and circularity, and our journey
toward a more sustainable future," continues Jordi Lombarte.
Inquiries:
Media: media@autoliv.com, Gabriella
Etemad, Tel +46 (70) 612 64 24
Investors & Analysts: ir@autoliv.com, Anders Trapp, Tel +46 (0)8 587 206 71
Investors & Analysts: Henrik
Kaar, Tel +46 (0)8 587 206 14
About Autoliv
Autoliv, Inc. (NYSE: ALV) (NASDAQ Stockholm: ALIV.sdb) is the
worldwide leader in automotive safety systems. Through our group
companies, we develop, manufacture and market protective systems,
such as airbags, seatbelts, and steering wheels for all major
automotive manufacturers in the world as well as mobility safety
solutions, such as pedestrian protection, connected safety services
and safety solutions for riders of powered two wheelers. At
Autoliv, we challenge and re-define the standards of mobility
safety to sustainably deliver leading solutions. In 2023, our
products saved 35,000 lives and reduced more than 450,000
injuries.
Our 70,000 associates in 25 countries are passionate about
our vision of Saving More Lives and quality is at the heart of
everything we do. We drive innovation, research, and development at
our 14 technical centers, with their 20 test tracks. Sales in 2023
amounted to US $ 10.5 billion. For
more information go to
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 may occur in the future. All
forward-looking statements are based upon our current expectations,
various assumptions and data available from third parties. Our
expectations and assumptions are expressed in good faith and we
believe there is a reasonable basis for them. However, there can be
no assurance that such forward-looking statements will materialize
or prove to be correct as forward-looking statements are inherently
subject to known and unknown risks, uncertainties and other factors
which may cause actual future results, performance or achievements
to differ materially from the future results, performance or
achievements expressed in or implied by such forward-looking
statements. Numerous risks, uncertainties and other factors may
cause actual results to differ materially from those set out 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 any such statements in light of new information or future
events, except as required by law.
This information was brought to you by Cision
http://news.cision.com
https://news.cision.com/autoliv/r/autoliv-introduces-airbags-made-with-100--recycled-polyester,c4002427
The following files are available for download:
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Press release_Autoliv
introduces airbags made with 100% recycled polyester_June 18,
2024
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