Exhibit 10.11 AMENDMENT AND TERMINATION OF JOINT VENTURE AGREEMENT This AMENDMENT AND TERMINATION OF JOINT VENTURE AGREEMENT (this "Amendment") is made and entered into effective as of October 30, 2019 (the "Effective Date") by and among (1) Veoneer AB, a Swedish corporation ("Veoneer AB") and Veoneer US, Inc., a Delaware corporation ("Veoneer US" and together with Veoneer AB, the "Veoneer Parties"), and (2) Nissin Kogyo Co., Ltd., a Japanese corporation ("Nissin"), Nissin Kogyo Holdings USA, Inc., an Ohio corporation ("Nissin Holding") and Zhongshan Nissin Industry Co., Ltd., a Peoples' Republic of China company ("NBZ" and together with Nissin and Nissin Holding, the "Nissin Parties"), as an amendment to that certain Joint Venture Agreement dated March 7, 2016 by and among Autoliv ASP, Inc. ("Autoliv ASP"), Autoliv AB ("Autoliv AB") and Autoliv Holding, Inc. ("Autoliv Holding" and together with Autoliv ASP and Autoliv AB, the "Autoliv Parties") and the Nissin Parties, as amended, supplemented or otherwise modified from time to time in accordance with the terms thereof and in effect on the date hereof (the "JV Agreement"). Capitalized terms not defined in this Amendment shall have the meanings as assigned thereto in the JV Agreement. RECITALS (A)The Autoliv Parties and the Nissin Parties entered into the JV Agreement as of March 7, 2016 to engage in the JV Business through Veoneer Nissin Brake Systems Japan, Co., Ltd. ("VNBJ"), Veoneer Nissin Brake Systems America, LLC (whose corporate name has since been changed to Veoneer Brake Systems, LLC, "VNBA"), Veoneer Nissin Brake Systems (Zhongshan), Co., Ltd. ("VNBZ") and Autoliv Nissin Brake Research Asia Co., Ltd. ("ANRA"); (B)The Autoliv Parties, the Veoneer Parties and the Nissin Parties entered into that certain Addendum to Joint Venture Agreement as of September 3, 2018 pursuant to which (i) Autoliv ASP assigned the JV Agreement as well as