According to Autoliv, on June 12th, Hefei Autoliv Automotive Safety System Co., Ltd. held a groundbreaking ceremony for its new factory in Feixi County Economic Development Zone. The new factory will mainly undertake the production task of the steering wheel, and it is expected that the annual output will reach 4 million pieces after the project is put into operation. The new factory covers a total area of 50000 square meters, with a first phase construction area of 20000 square meters. It is expected to be completed by 2025.