this is veoneer · oem, new customer radar order •second mono-vision order with the same major...
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© 2018 Copyright Veoneer Inc. All Rights Reserved PUBLIC
This is
Veoneer Company Presentation
Veoneer
March 2019
March 2019 Veoneer Company Presentation1
© 2018 Copyright Veoneer Inc. All Rights Reserved PUBLIC2
Our Purpose
Creating Trust in MobilityMarch 2019 Veoneer Company Presentation
© 2018 Copyright Veoneer Inc. All Rights Reserved PUBLIC
This is Veoneer
March 2019 Veoneer Company Presentation3
• The world’s largest pure-play company focused on Safety Electronics, Advanced Driving Assistance Systems (ADAS), Collaborative and Automated Driving (AD).
• Design, develop, manufacture and sell state-of-the-art sensors, control units, software and systems for active safety, autonomous driving, occupant protection and brakecontrol.
• Founded in 2018, built on close to 70 years of automotive safety development
• 8,600 employees in 13 countries
• Headquartered in Stockholm, Sweden
• Listed on the New York Stock Exchange and on the Nasdaq Stockholm
© 2018 Copyright Veoneer Inc. All Rights Reserved PUBLIC
Key Figures
March 2019 Veoneer Company Presentation4
2018
Consolidated Net Sales $2.2 Bn
Order IntakeLifetime Order Value*
$5.9 Bn
Active Safety Order IntakeLifetime Order Value*
$3.8 Bn
Gross Profit $430m
Operating Loss $(197)m
Gross Margin, % 19.3
EBITDA, %(Non US GAAP Measure)
(3.9)
*Order Intake $ value is defined as estimated average annual sales attributable to documented new business awarded based on estimated average annual product volumes, average annual sales price for such products, and exchange rates.Lifetime order value is defined as estimated total lifetime sales attributable to documented new business awarded based on estimated product volumes and pricing, and exchange rates.
Honda 21%
Daimler 17%
Ford 11%Hyundai/Kia 10%
GM 8%
RNM 7%
BMW 5%
FCA 5%
Other16%
Product groups Customers
© 2018 Copyright Veoneer Inc. All Rights Reserved PUBLIC
A Global Footprint
March 2019 Veoneer Company Presentation5
8,600 ASSOCIATES~4,700 in R,D&E
13 COUNTRIES10 MANUFACTURING SITES26 TECHNICAL CENTERS
1,100 ENGINEERS HIRED DURING 2018
~70% Software
© 2018 Copyright Veoneer Inc. All Rights Reserved PUBLICMarch 2019 Veoneer Company Presentation6
Our Technology Showcase
© 2018 Copyright Veoneer Inc. All Rights Reserved PUBLICMarch 2019 Veoneer Company Presentation7
More than 4 millionCamera Sensors Delivered
>33 millionRadar Sensors Delivered
~750 millionAirbag ECUs and Crash
Sensors Delivered
Delivered during the past decade, as Veoneer and as part of Autoliv
A Tech Company Delivering Automotive Grade
© 2018 Copyright Veoneer Inc. All Rights Reserved PUBLIC
Record Order Intake in 2018Estimated lifetime order value ~$5.9B
March 2019 Veoneer Company Presentation8
*Order Intake $ value is defined as estimated average annual sales attributable to documented new business awarded based on estimated average annual product volumes, average annual sales price for such products, and exchange rates.Lifetime order value is defined as estimated total lifetime sales attributable to documented new business awarded based on estimated product volumes and pricing, and exchange rates.
© 2018 Copyright Veoneer Inc. All Rights Reserved PUBLIC
• Significant LiDAR contract with a major Global OEM
• A standalone Feature Software order
• Second Level 4 ECU order from a major Global OEM
• Fourth customer with ADAS ECU order from a major Global OEM, new customer Radar order
• Second Mono-Vision order with the same major Global OEM, added our sixth Vision customer
• First Driver Monitoring System order with a major Global OEM and 2nd DMS award
• First Level 3 System order in China with Radar, Camera, ADAS ECU, and Software
March 2019 Veoneer Company Presentation9
Active Safety Milestones in 2018In 2030, it is predicted that a vastmajority of all cars sold will includeadvanced driving assistance systems,while a fraction of the market will befully autonomous cars.
According to IHS
© 2018 Copyright Veoneer Inc. All Rights Reserved PUBLICMarch 2019 Veoneer Company Presentation10
2019 Key Launches and Mid-Cycle Model Facelifts
A-Class Coupe/Sedan
Ford Explorer
Mercedes EQ C
Geely Emgrand GS
Honda Fit
Honda CRVF-Series Super Duty
Mercedes GLC
Mercedes GLS
including all major product areas
Geely
Mercedes GLB Hyundai Sonata
Honda BEV
Chinese OEM
© 2018 Copyright Veoneer Inc. All Rights Reserved PUBLICMarch 2019 Veoneer Company Presentation11
High level and speed of innovation requires collaboration based on a joint problem definition and expertise.
Some of our partners:
• Zenuity (joint venture) for ADAS and AD systems software
• VNBS (joint venture) for Brake Systems
• Velodyne for LiDAR
• Seeing Machines for Driver Monitoring
• NVIDIA for computer platforms
• MIT AgeLab for HMI related research
Strategic Eco System Partnerships
© 2018 Copyright Veoneer Inc. All Rights Reserved PUBLIC
Close to 70 years of Experience with Many World Firsts(1)
1990 19952000
20052010
Restraint Controllerwith Integrated Rollover
Restraint Controllerwith IntegratedIMU
Adaptive RestraintController &Remote Sensors
CV-EnhancedFront Crash Sensing
Off-RoadProtection with
Belt Control
IntegratedRestraint
Brake ControlPedestrian DetectionSystem
Airbag ECUs
with Dwell Enhancement
2015
Night Vision Pedestrian Detection System
Short & Medium Range Radar
Night VisionSensor FusionFIR / NIR
4 Corner Radar and Pre-Triggering Passive
Safety
Long Range Radar(in alliance with Continental as the system supplier)
Autonomous Emergency BrakingRadar and Mono VisionA
ctiv
e Sa
fety
an
d B
raki
ngR
estr
aint
Con
trol
Syst
ems
Acceleratinginnovation pace
Night Vision Animal Detection System
(1) Including acquisitions
Learning Intelligent Vehicle
2017
ADAS ECU
12 March 2019 Veoneer Company Presentation
2018
ADAS ECU ‘Zeus’ meets L4
Autonomous Driving
© 2018 Copyright Veoneer Inc. All Rights Reserved PUBLIC
Our Associates are the Architects of Our Success
~8,600 Associates
~4,700 in R,D&E
Agile
Collaborative
International Teams
13 March 2019 Veoneer Company Presentation
1,100 Engineers
hired during 2018
~ 70% Software
© 2018 Copyright Veoneer Inc. All Rights Reserved PUBLIC14
O U R P U R P O S ECreating Trust in Mobility
O U R C O R E S T R A T E G YDeliver Innovative Solutions You Can Trust
O U R C O R E P I L L A R SFlawless Delivery
Customer-Centric CollaborationHuman-Centric Innovation
O U R B E L I E F S :Burning Curiosity
Passion for Excellence Bold Honesty
© 2018 Copyright Veoneer Inc. All Rights Reserved PUBLIC
Thank You!
March 2019 Veoneer Company Presentation15