Autoliv and SSAB collaborate to produce the world’s first fossil-free steel components in automotive safety products
(Stockholm, Sweden, November 15, 2021) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, and global steel company SSAB, have initiated a collaboration to research and develop fossil-free steel components for automotive safety products, such as airbags and seatbelts. The collaboration enables Autoliv to be in the forefront in producing automotive safety products with fossil-free steel from SSAB. A new process aims to replace coking coal, traditionally needed for ore-based steelmaking, with hydrogen. The result will be unique: the world's