It may be the weekend, but I missed another interesting $NIO+0.3% collaboration on Friday.
Nio has partnered with Autoliv and they will be working together on safety technologies for future electric vehicles.
Autoliv wrote in a press release that "the strategic collaboration between NIO and Autoliv represents a significant milestone in our shared goal to redefine the way people experience transportation."
As part of the agreement, NIO and Autoliv will work together to develop safety products for electric vehicles and sustainable technologies. Among the innovative solutions they are pursuing will be a passenger airbag based on the use of an eco-friendly inflator to pad the ceiling. In addition, they are jointly creating a new airbag concept that provides comprehensive safety for different seating positions, allowing for increased protection while providing greater flexibility in vehicle interior design.