Baowu Magnesium partners with Autoliv to tap magnesium alloy for automotive use
2025-03-07 16:23:13 [Print]
On February 28, Baowu Magnesium Technology Co., Ltd. and Autoliv (China) Automotive Safety System Co., Ltd. signed a strategic cooperation agreement in Chaohu, marking a significant step toward advancing automotive lightweight solutions and safety performance.
The partnership will focus on deepening collaboration in key areas such as vehicle weight reduction and safety enhancement, with the goal of driving technological innovation and promoting sustainable development in the automotive industry.
Autoliv, a global leader in automotive safety systems, is dedicated to providing cutting-edge safety solutions for automakers worldwide. Meanwhile, Baowu Magnesium, a leading player in the light metal materials sector, brings extensive technical expertise and industrial advantages in lightweight materials.
By leveraging their respective strengths in technology, resources, and market influence, the two companies will jointly explore the application of magnesium alloy materials in automotive safety systems. This collaboration aims to contribute to a more efficient, eco-friendly, and safer future for the automotive industry.
The partnership will focus on deepening collaboration in key areas such as vehicle weight reduction and safety enhancement, with the goal of driving technological innovation and promoting sustainable development in the automotive industry.
Autoliv, a global leader in automotive safety systems, is dedicated to providing cutting-edge safety solutions for automakers worldwide. Meanwhile, Baowu Magnesium, a leading player in the light metal materials sector, brings extensive technical expertise and industrial advantages in lightweight materials.
By leveraging their respective strengths in technology, resources, and market influence, the two companies will jointly explore the application of magnesium alloy materials in automotive safety systems. This collaboration aims to contribute to a more efficient, eco-friendly, and safer future for the automotive industry.
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Unit:USD/mt
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Unit: pcs
