veoneer china introduction

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© 2020 Copyright Veoneer Inc. All Rights Reserved INTERNAL 1 Veoneer China Introduction Seven Zhang June 10, 2021

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© 2020 Copyright Veoneer Inc. All Rights Reserved INTERNAL1

Veoneer China Introduction

Seven ZhangJune 10, 2021

© 2020 Copyright Veoneer Inc. All Rights Reserved INTERNAL

A Global Footprint

2

7,500 ASSOCIATES 11 COUNTRIES 6 MANUFACTURING SITES

22 TECHNICALCENTERS

© 2020 Copyright Veoneer Inc. All Rights Reserved INTERNAL3

8.2 Million Cameras

Delivered

42 Million Radar

Delivered

890 M RCS

Delivered

Delivered during the past decade, as Veoneer and as part of Autoliv

Products Delivered To Customer

China Auto Market OverviewTotal Vehicle Production/Sales(as of Apr end)

( Unit: ‘000)

4

Volume YoY% Volume YoY% Volume YoY% Volume YoY%

Total Vehicle Market 2,234 6.3% 2,252 8.6% 8,586 53.4% 8,748 51.8%

Light Vehicle 2,039 7.3% 2,034 9.6% 7,807 53.3% 7,927 51.4%

Passenger Vehicle 1,670 7.7% 1,663 10.8% 6,558 55.9% 6,684 53.5%

Sedan 745 -1.9% 757 2.0% 3,045 51.8% 3,140 51.0%

MPV 82 27.1% 85 39.7% 321 79.8% 307 56.0%

SUV 843 16.0% 821 17.6% 3,193 57.8% 3,237 55.7%

Mini Van 43 14.4% 41 13.0% 111 26.8% 107 31.6%

Light Commercial

Vehicle325 4.2% 330 3.7% 1139 42.9% 1135 42.3%

Middle/Heavy

Commercial Vehicle196 -3.3% 218 1.0% 779 53.6% 821 54.9%

2021 Apr.

Production

2021 Apr.

Sales

2021 Apr.YTD

Production

2021 Apr.YTD

Sales

© 2020 Copyright Veoneer Inc. All Rights Reserved INTERNAL

Thou

sand

Thou

sand

(Unit: ‘000)

5

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2020 Monthly 1773 286 1437 2103

2021 Monthly 2388 1503 2462 2234

2021 MoM% -15,9% -37,1% 63,9% -9,3%

2021 Monthly YoY% 34,6% 425,8% 71,3% 6,2%

2021 YTD YoY% 34,6% 88,9% 81,7% 53,4%

2021 QTD YoY% 81,7%

-100%

0%

100%

200%

300%

400%

500%

0

600

1200

1800

2400

3000

3600Production

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2020 Monthly 1933 313 1446 2071

2021 Monthly 2503 1455 2526 2252

2021 MoM% -11,6% -41,9% 73,6% -10,8%

2021 Monthly YoY% 29,5% 364,1% 74,7% 8,7%

2021 YTD YoY% 29,5% 76,2% 75,6% 51,8%

2021 QTD YoY% 75,6%

-100%-50%0%50%100%150%200%250%300%350%400%

0

600

1200

1800

2400

3000Sales

Monthly Trend Total Production/Sales(as of Apr end)

© 2020 Copyright Veoneer Inc. All Rights Reserved INTERNAL

359

550 538 474 434 416

355 351 275 254 242 238 209 180 149

702

35,2%44,8%

65,0%

102,3%

39,3%

44,0%38,8%

90,2%121,9%

96,7%

63,4%

42,4% 41,3%

-4,3%

60,3%

53,5%

-20,0%

0,0%

20,0%

40,0%

60,0%

80,0%

100,0%

120,0%

140,0%

VW Toyota Honda Changan Geely SGM Nissan GWM SGMW Chery BMW Daimler SAIC HKMC BYD0

200

400

600

800

1000

1200

Thou

sand

s

YoY % China LV Total YoY%

Above Ave. Below Ave.

Key OEM YOY%-YTD PV Sales(as of Apr end)

▪ YTD good sales OEM: Honda,Changan, GWM, SGMW, Chery,BMW

▪ Bad performance OEM: VW, Geely,Nissan,Daimler, SAIC, HKMC

6

FAWVW

SVW

© 2020 Copyright Veoneer Inc. All Rights Reserved INTERNAL7

Veoneer CFM Plant

CFM-W ACI

ACW

CFM-E

New Expansion2.5 layers planned

CFMCFM –E + Connection + CFM -W

Production plant:Fengxian District, Shanghai

⚫ SOP From 2006 Main products : • Airbag Control Unit,• Remote Sensor Units ,• Radar Launched in 2019 Q2• Front Looking Camera Launched

in 2019 Q2• ADAS ECU Launched in 2020 Q3

⚫ Land Area: 82,500 m²

Planed Extension Area

© 2020 Copyright Veoneer Inc. All Rights Reserved INTERNAL8

ACU4

RC6

RC7

SOP in 2010

SOP in 2009

RC6X

SOP in 2007

SC2

SOP in 2017

ARM400SOP in 2006

SOP in 2012

Vision

Radar

RC5

RCLE

SOP in 2008

RCLE2 in 2010, 2.5 in 2013, 4 in 2014, 4.5 in 2015

PassiveECUs

& RSUs

Active

2005 2008 2011 2014 2017 2019 2020

24G NB SOP in 2017

MVS SOP in 2019

ADAS

PPMI

PP SOP in 2019

ECU SOP in 2020

77G MMR SOP in 2019

Products Launched Time in China

© 2020 Copyright Veoneer Inc. All Rights Reserved INTERNAL9

Our Customers

Great Wall

FAW

Haitech

Geely

© 2020 Copyright Veoneer Inc. All Rights Reserved INTERNAL10

Honored by Customers

2019 SAIC-GM Best Innovation Award 2019 GM Quality Excellence Award 2019 NCIC Contribution Award 2020 UN Decade of Action for

Road Safety- China Partner

2020 PSA Quality Champion Award 2020 GAC Best supply guarantee Award

2020 JAC Cooperation Contribution Award

© 2020 Copyright Veoneer Inc. All Rights Reserved INTERNAL11

Annual Industrial Output Award of 2013/2015

2016/2017 Economic Development Outstanding Contribution Award

2013 Safety Company in Fengxian

2017 work safety advanced group 2015 Tax contribution Per Acre Award

2015-2016 Fortune 100 company of Fengxian District

2016/2017 Revenue Contribution Award

Honored by Government

© 2020 Copyright Veoneer Inc. All Rights Reserved INTERNAL12

2006 2007~2011 2012~2016 2017~2018 2019…

ACE R&D Founded in

Fengxian, Shanghai

• RCS RCLE2

• RCS RCLE 2.5• RCS RCLE4, RCLE4.5,

SC2.1

• PPMI

• Brake Control

• MVS

• RCS SC2.2

• MVS

• Radar

• L2+ System

ADS: To build more

L2+ Business with

COEMs

• ACU3-AP Sold

to Local OEM

China Local Engineer

accelerated developmentHongqiao R&D Center

Founded

Complex laboratory with

EMC capability

• Changsha R&D Center

• China Data Center

Founded

China Development

© 2020 Copyright Veoneer Inc. All Rights Reserved INTERNAL13

China TCC site

CHT

CCT

Shanghai

Changsha

CHT office View

© 2020 Copyright Veoneer Inc. All Rights Reserved INTERNAL

Asia Test Center

14

2019

2020

2021

CNAS Accreditation

Scope extension to EMC & Electrical

SGM GP10

Environment & Electrical

Optics dark room

Coffin test system

Type 2017 2018 2019

EDR /Thruster x x x

Leakage test x x x

MEMS test x x x

Optics test-Vision x

Coffin test-Radar x

Mechanical transfer x x x

Robustness test x x x

Climate test x x x

EMC test x x

Electrical test x x x

Geely

GWM Accreditation

Scope extensionTo EMC

Mazda AccreditationHKMC AccreditationNissan Accreditation

FA test

CNAS ISO 17025 GWM Certification Geely Certification

© 2020 Copyright Veoneer Inc. All Rights Reserved INTERNAL15

Project Management; V cycle development; HW, SW, Mech, strengthenProject Development

Active Safety Features; RCS Algo & CalFeature & Algo Cal

Test Management, Vehicle Validation, Test centerVerification & Validation

Key Projects OverviewKey Projects

重点项目

Veoneer China Engineering Function Introduction

© 2020 Copyright Veoneer Inc. All Rights Reserved INTERNAL

Thank You!

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