Autoliv hasn't yet completed the spinoff of its Electronics business but it has given it a new name - Veoneer. The name - building on the words 'visionary' and 'pioneer' - drives home that this will act as a completely separate and independent company with a future focus. Veoneer bundles together Autoliv's business around safety electronics, sensors and software for active safety, ADAS and autonomous driving. The new, independent publicly traded company remains set for a launch in the third quarter this year. The remaining businesses around passive safety will continue to operate under the Autoliv name.
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