logo
Autoliv partner with Formula E to Enhance Automotive Safety Awareness

Autoliv partner with Formula E to Enhance Automotive Safety Awareness

Yahoo24-04-2025
STOCKHOLM, April 24, 2025 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) and (SSE: ALIVsdb), a global leader in automotive safety, is entering a partnership with the ABB FIA Formula E World Championship. This collaboration aims to promote the use of safety equipment and highlight technological advancements for racers and everyday drivers, showcasing Autoliv's market leading products and technologies.
Today Autoliv announced that the company will be the new Official Mobility Safety Partner for ABB FIA Formula E World Championship. The partnership provides Autoliv with a platform to showcase its expertise and improve awareness of automotive safety in an electric racing setting.
"We are proud to partner with Formula E and showcase our expertise in automotive and electrical safety," said Gabriella Etemad, Senior Vice President Communications of Autoliv. This partnership represents a significant milestone in our journey to show how we empower safety within the automotive industry.
The first year of the partnership between Autoliv and Formula E will focus on three core areas:
Increase the usage and understanding of safety equipment: Through Formula E's platform and fan base, Autoliv aims to inspire people to always use seatbelts, choose vehicles equipped with advanced safety systems, and to drive safely in every traffic situation.
Inspire current and future talent: Autoliv aims to promote safety mindset with a global audience of all ages, sharing a common interest in automotive advancements and inspiring careers within the automotive safety sector.
Electrical car safety: Over the coming years, Autoliv will continue to explore and develop cutting-edge safety technologies for electrical vehicles.
"This collaboration is a testament to our dedication to making vehicles safer for everyone, and we are enthusiastic about the opportunities this partnership can bring for advancing global automotive safety standards," said Gabriella Etemad.
Tiziana Di Gioia, Chief Commercial Officer, Formula E, said, "As we have some of the fastest and most advanced race cars in global motorsport going wheel to wheel on our circuits, safety is our number one priority. This focus and attention to detail aligns perfectly with Autoliv's own ethos and business strategy. Collectively, we won't just promote vehicle safety to our current fan and consumer bases but look how we can continually develop and deploy cutting edge systems in both the motorsport and automotive industries."
The agreement begins in April 2025 and will feature several branding activations. This includes the Autoliv logo on the safety and medical car, as well as local activations at various racing locations.
For more information about Formula E.
Inquiries: Media: media@autoliv.com Emelie Ericson, Tel +46 70 957 81 35, Gabriella Etemad, Tel +46 70 612 64 24Investors & Analysts: ir@autoliv.comAnders Trapp, Tel +46 709 578 171, Henrik Kaar, Tel +46 709 578 114
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 commercial vehicles and electrical safety solutions. At Autoliv, we challenge and re-define the standards of mobility safety to sustainably deliver leading solutions. In 2024, our products saved approximately 37,000 lives and reduced around 600,000 injuries.
We have operations in 25 countries, and we drive innovation, research, and development at our 13 technical centers. Our 65,000 employees are passionate about our vision of Saving More Lives and quality is at the heart of everything we do. Sales in 2024 amounted to $10.4 billion. For more information go to www.autoliv.com.
About Formula E and the ABB FIA Formula E World Championship:
As the world's first all-electric FIA World Championship and the only sport-certified net zero carbon since inception, the ABB FIA Formula E World Championship brings dramatic racing to the heart of some of the world's most iconic cities providing an elite motorsport platform for the world's leading automotive manufacturers to accelerate electric vehicle innovation.
The Formula E network of teams, manufacturers, partners, broadcasters, and host cities is united by a passion for the sport and belief in its potential to accelerate sustainable human progress and create a better future for people and the planet.
For Formula E media enquiries, please contact - media@fiaformulae.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-partner-with-formula-e-to-enhance-automotive-safety-awareness,c4137910
The following files are available for download:
https://mb.cision.com/Main/751/4137910/3402332.pdf
ALV_Press release Autoliv partner​ ​with Formula E to Enhance Automotive Safety Awareness
https://news.cision.com/autoliv/i/formula-e-safety-car-with-autoliv-branding,c3401281
Formula E Safety Car with Autoliv branding
View original content:https://www.prnewswire.co.uk/news-releases/autoliv-partner-with-formula-e-to-enhance-automotive-safety-awareness-302437004.html
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

CORECARD INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of CoreCard Corporation
CORECARD INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of CoreCard Corporation

Business Wire

time18 minutes ago

  • Business Wire

CORECARD INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of CoreCard Corporation

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ('KSF') are investigating the proposed sale of CoreCard Corporation (NYSE: CCRD) to Euronet Worldwide, Inc. (NasdaqGS: EEFT). Under the terms of the proposed transaction, each share of CoreCard common stock will be exchanged for a number of shares of Euronet common stock equal to an exchange ratio between 0.2783 and 0.3142, calculated as $30 divided by the volume weighted average share price of Euronet common stock over the 15-trading day period ending on and including the second to last trading day prior to the closing date (the 'Final Euronet Stock Price'), subject to a floor of $95.48 per share and a ceiling of $107.80 per share. CoreCard shareholders will receive 0.3142 Euronet shares for each of their CoreCard shares if the Final Euronet Stock Price is at or below $95.48, and 0.2783 Euronet shares for each of their CoreCard shares if the Final Euronet Stock Price is at or above $107.80. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( toll free at any time at 855-768-1857, or visit to learn more. To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit

Exxon Mobil Second Quarter 2025 Earnings: Beats Expectations
Exxon Mobil Second Quarter 2025 Earnings: Beats Expectations

Yahoo

timean hour ago

  • Yahoo

Exxon Mobil Second Quarter 2025 Earnings: Beats Expectations

Exxon Mobil (NYSE:XOM) Second Quarter 2025 Results Key Financial Results Revenue: US$80.0b (down 12% from 2Q 2024). Net income: US$7.08b (down 23% from 2Q 2024). Profit margin: 8.8% (down from 10% in 2Q 2024). The decrease in margin was driven by lower revenue. EPS: US$1.64 (down from US$2.14 in 2Q 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Exxon Mobil Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 4.5%. Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.7% growth forecast for the Oil and Gas industry in the US. Performance of the American Oil and Gas industry. The company's share price is broadly unchanged from a week ago. Balance Sheet Analysis Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Exxon Mobil's balance sheet. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

MSA Safety (MSA) Reports Q2: Everything You Need To Know Ahead Of Earnings
MSA Safety (MSA) Reports Q2: Everything You Need To Know Ahead Of Earnings

Yahoo

time3 hours ago

  • Yahoo

MSA Safety (MSA) Reports Q2: Everything You Need To Know Ahead Of Earnings

Safety equipment manufacturer MSA Safety (NYSE:MSA) will be reporting results this Monday afternoon. Here's what to look for. MSA Safety beat analysts' revenue expectations by 5% last quarter, reporting revenues of $421.3 million, up 1.9% year on year. It was an exceptional quarter for the company, with an impressive beat of analysts' EPS estimates. Is MSA Safety a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting MSA Safety's revenue to decline 3.2% year on year to $447.8 million, a reversal from the 3.4% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.76 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. MSA Safety has missed Wall Street's revenue estimates three times over the last two years. Looking at MSA Safety's peers in the business services & supplies segment, some have already reported their Q2 results, giving us a hint as to what we can expect. HNI delivered year-on-year revenue growth of 7%, beating analysts' expectations by 3.2%, and MillerKnoll reported revenues up 8.2%, topping estimates by 5.3%. HNI's stock price was unchanged after the resultswhile MillerKnoll was up 12.2%. Read our full analysis of HNI's results here and MillerKnoll's results here. Questions about potential tariffs and corporate tax changes have caused much volatility in 2025. While some of the business services & supplies stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.4% on average over the last month. MSA Safety is up 2.2% during the same time and is heading into earnings with an average analyst price target of $182.20 (compared to the current share price of $175.23). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store