Autoliv Receives 2025 Automotive News PACE Pilot Recognition

Core Insights - Autoliv, Inc. was awarded the 2025 Automotive News PACE Pilot Innovation to Watch for its Bernoulli™ Airbag Module, which enhances vehicle safety and efficiency in airbag inflation [1][2][3] Group 1: Innovation Recognition - The Bernoulli Airbag Module utilizes Bernoulli's principle of fluid dynamics to inflate larger airbags more efficiently with a smaller single-stage inflator [1] - This innovation reduces heat generation and development costs by over 30%, addressing the challenge of quick and safe inflation of large airbags [1] Group 2: Company Commitment - Autoliv's Executive Vice President & Chief Technology Officer emphasized the importance of this recognition in enhancing the visibility and success of their innovative technology, which aims to save more lives [2] - The PACE Pilot program distinguishes global emerging innovators in the automotive industry, showcasing the potential for transformative products and processes [2][3] Group 3: Company Overview - Autoliv is a leader in automotive safety systems, developing and marketing protective systems such as airbags and seatbelts for major automotive manufacturers [4][5] - In 2024, Autoliv's products saved approximately 37,000 lives and reduced around 600,000 injuries, highlighting the company's commitment to safety [4][5] - The company operates in 25 countries with 65,000 employees and reported sales of $10.4 billion in 2024 [5]