Strong Growth for Automatic Battery Disconnects in new Vehicles

Strong Growth for Automatic Battery Disconnects in new Vehicles

(Stockholm, September 15, 2011) - - - At the Frankfurt Auto Show,
Autoliv Inc. (NYSE: ALV, and SSE: ALIV sdb) - the global leader in
automotive safety systems - announced that it is seeing high interest
for its Pyrotechnic Safety Switch (PSS) from numerous OEMs for their
electric vehicle models as well as for gasoline-powered cars and trucks.

The PSS is an automatic safety switch which utilizes a pyrotechnic
initiator to cut the electrical power to a designated portion of the
vehicle in a crash. The safety switch is activated by the same crash
sensors as the airbags. Cutting the vehicle's electrical power minimizes
the potential for a fire caused by a damaged electrical system exposed
to flammable liquids or gases.

“Our customers see the Pyrotechnic Safety Switch as a necessary
technology for their electric vehicles to automatically and safely cut
off the immense stored electrical power to the powertrain and other
systems that could be damaged in an accident”, stated Jan Carlson,
Autoliv's President and CEO.

“For traditional light vehicles and commercial trucks, our customers are
utilizing the PSS as an effective, low cost way to minimize the
potential for a vehicle fire caused by an accident, thereby preventing
people from being injured by the flames - especially if the car
occupants are unconscious. This is another example which demonstrates
how our products continue to enhance a vehicle's overall safety for the
general public” added Carlson.

This year Autoliv expects to produce 1.6 million units of the PSS,
mainly on luxury models. Production volumes are expected to more than
double over the next three years as more vehicle manufacturers integrate
this new safety technology into mid-scale higher volume platforms.

For more information on Autoliv's Pyrotechnic Safety Switch go to
http://www.pyroswitch.com (http://www.pyroswitch.com/)

Inquiries:

Christian Cavell, Director - Special Products (Europe)          Tel: +49
151 5805 8022 or

Doug Werth, Director - Special Products (U.S./Asia)             Tel: +1
248 475 0419