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Sweden Forms New $64M Intelligent Vehicle Safety Systems R&D Program for Crash Avoidance and Injury Prevention.

Publication: Business Wire
Publication Date: 27-MAY-03
Format: Online
Delivery: Immediate Online Access

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LOS ANGELES--(BUSINESS WIRE)--May 27, 2003

Pioneering Safety Program Enhances Country's Internationally

Recognized Telematics & Automotive Cluster

Sweden, the internationally recognized leader in automotive safety and telematics, today announced the formation of a new applied R&D program for Intelligent Vehicle Safety Systems (IVSS). The IVSS program, which is open to international companies and partners, will focus on the development, testing, and implementation of systems and smart technologies for crash avoidance, injury prevention, and upgrading the road holding capabilities and crashworthiness of cars and commercial vehicles. The $64M program includes initial partners from leading Swedish and international...

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