Autoliv, Inc. (NYSE:ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that Great Wall Motor (GWM), a leading Chinese automotive manufacturer, and Autoliv (Shanghai) Management Co., Ltd have signed a Global Strategic Cooperation Framework Agreement. The agreement marks a new phase in the companies' long-term global partnership.

The new agreement builds on the collaboration established in 2023 and reflects both companies' shared ambition to deepen their global cooperation and address the evolving needs of the automotive industry.

Through this agreement, Autoliv and GWM aim to increase resilience and enhance their joint competitiveness in global markets, with a clear focus on supporting GWM as it continues to expand internationally. It also provides a solid foundation for long-term, high-quality development and a more integrated global partnership.

Under the renewed framework, the companies will expand cooperation across key areas, including global business growth, supply chain collaboration, localized operations, development of integrated safety systems, and sustainable growth. The partnership will also support continued capability development and closer alignment in innovation and product strategies.