Autoliv Inc (Autoliv) provides advanced safety technology products for the automotive safety market. The company is a developer, producer and supplier of passive safety systems. It supplies the automotive industry with a broad range of product offerings such as airbags, seatbelts, steering wheels and others to all the leading car manufacturers.

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The company’s R&D focuses on innovation, besides enhancing the efficiency of the existing product base. Based on the extended research of real-life accidents, the company develops and engineers’ automotive safety solutions. Autoliv’s research areas include traffic safety analysis, human factors and biomechanics. It also provides funding for scientists at universities and independent research institutes. In FY2022, Autoliv spent US$390.0 million on its research, development and engineering expenses, which was 4.4% of its revenue and declined 0.3% YoY. The company holds more than 6,600 patents, covering a wide range of innovations and products in automotive safety and critical support technologies.