Moreover, the allies are developing a airbag that will provide comprehensive protection to passengers in different seating positions. This innovation will provide superior protection and offer more liberty in designing the interior of the vehicles. Both airbag cushion and seatbelt webbing will be made up of biology-based materials, underscoring the alliance's intent to provide sustainable solutions. Mikael Bratt, president and CEO of AutoLiv, believes that this collaboration will introduce safety and innovation to the market, and reshape the future of mobility. Nio's vice president of Supply Chain Development, Yu Pan, hinted that the cooperation between AutoLive and Nio has the potential to extend to more areas as both companies are committed to improving the driving experience of all users across the globe. In 2022, Autoliv's net sales totaled $8.8 billion, with organic growth of roughly 14%.