Stockholm-headquartered automotive safety systems leader Autoliv is to build a new state of the art airbag cushion and fabric plant in Vietnam.

The investment is in response to high customer demand and is intended to meet expanded future airbag production needs for the growing Asia market.

It will be built in Amata City Ha Long Industrial Park, located in the northern part of Vietnam, and will showcase Autoliv’s manufacturing capabilities utilising Manufacturing 4.0 concepts by integrating new technologies into its operations. This is the first Autoliv investment in Vietnam.

“I am excited to open our first Autoliv facility in Vietnam,” said Colin Naughton, president of Autoliv Asia. “We continuously look for ways to improve our footprint and reduce our costs structurally and the new plant will complement our existing footprint in Southeast Asia. With the significant growth in demand for our restraint system products in Asia, Autoliv Vietnam will play an increasingly important role in meeting customer demand.”

The site area will be approximately 90,000 square metres and the new production facility is expected to begin production of airbag cushions for airbag module assembly facilities in Asia by late 2025. When fully operational, it will employ up to 2,000 people.

With operations in 27 countries and over 69,000 employees worldwide, Autoliv had 2022 sales of US$8.8 billion.

www.autoliv.com