- Autoliv Inc (NYSE:ALV) collaborates with snow sports and cycling protection provider POC to develop bicycle and e-bike helmets with airbag technology.
- The product from the partnership is expected to improve head protection and reduce the consequences of an impact.
- The airbag would act as the initial energy absorber while the underlying helmet would be the following energy absorber.
- It is estimated that the risk for a bicyclist to sustain moderate to fatal head injuries is reduced from 80% to 30% in a 20 km/h (12 mph) impact with the use of a helmet with airbag technology, according to Autoliv’s research team.
- Price Action: ALV shares closed higher by 0.41% at $76.03 on Friday.
How One Analyst Expects Alphabet, Meta, Snap, Amazon To Perform In Upcoming Earnings Season
RBC Capital analyst Brad Erickson summarized the key debates heading into the Q2 internet earnings season
While recent stories suggest fluid consumer trends, his SMB checks since last earnings suggested meaningful, proactive, downward SMB spending decisions to which these companies have exposure.
