Veoneer Awarded Main Restraint Management System Enterprise by North American OEM

STOCKHOLM, Dec. 16, 2022 /PRNewswire/ — The automotive expertise firm Veoneer has been awarded its…

Veoneer Awarded Main Restraint Management System Enterprise by North American OEM

STOCKHOLM, Dec. 16, 2022 /PRNewswire/ — The automotive expertise firm Veoneer has been awarded its largest Restraint Management System contract ever.

Veoneer’s Restraint Management Programs (RCS) enterprise has been awarded a major, long-term contract to ship its market-leading next-generation product to certainly one of North America’s largest OEMs. In 2026, Veoneer will start delivering the restraint management system to 4 of the North American OEM’s automobile platforms, together with its electrical autos.

Veoneer’s Restraint Management Programs (RCS) set off the automobile’s passive security programs, comparable to tightening security belts and deploying airbags, when a crash can’t be prevented. Veoneer’s Restraint Management System has scalable sensing and actuation capabilities with a platform design that’s appropriate with future electrical automobile and autonomous automobile architectures.

Veoneer RCS order consumption for 2022 has practically returned to its report ranges from earlier than the automotive trade slowdown tied to the worldwide pandemic. “Touchdown the most important enterprise award ever is actually an incredible achievement that demonstrates the technical energy and innovation of our next-generation merchandise,” says Robert Bisciotti,  EVP Product Space RCS.  “I’m very proud as that is an acknowledgment of a wonderful buyer relationship and the worth they place in our group.”

For extra info please contact:
Thomas Jönsson, EVP Communications & IR,
[email protected]
, tel +46 (0)70 9578127

Veoneer HoldCo, LLC. is an automotive expertise firm, a world chief in lively security and restraint management programs, centered on delivering progressive, best-in-class merchandise and options to our clients. Our objective is to create belief in mobility. Veoneer is a Tier-1 {hardware} provider and system integrator with merchandise being a part of greater than 125 scheduled automobile launches for 2022.  Headquartered in Stockholm, Sweden, Veoneer has 6,100 workers in 11 nations. The Firm is constructing on a heritage of near 70 years of automotive security growth. 

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SOURCE Veoneer

Veoneer Awarded Main Restraint Management System Enterprise by North American OEM