- Autoliv China, a division of Sweden’s Autoliv (ALV), and Xpeng (NYSE:XPEV) affiliate XPENG AEROHT, are joining forces to develop safety technology for flying cars.
- Through Autoliv’s (ALV) development of passive safety systems and XPENG AEROHT’s (XPEV) development of aviation technology and intelligent vehicle systems, the two companies hope to develop the “safest electric flying cars for individual users.”
- “XPENG AREOHT and Autoliv share the same cultural DNA, which has facilitated a series of close collaborations. This strategic partnership elevates the relationship between the two parties to a new level,” XPENG AEROHT founder and president Deli Zhao said.