Exhibit 21

List of Subsidiaries of Veoneer, Inc.

Canada

Veoneer Canada Inc.

China

Arriver Software (Shanghai) Co. Ltd.

Veoneer (China) Co., Ltd.

France

Veoneer France SAS

Germany

Arriver Software GmbH

Veoneer Germany GmbH

India

Veoneer India Private Limited

Italy

Veoneer Italy S.r.l.

Japan

Veoneer Japan Ltd.

Romania

Arriver System Software S.r.l.

Veoneer Romania S.r.l.

South Korea

Veoneer Korea Ltd.

Sweden

Arriver AB

Arriver Software AB

Veoneer AB

Veoneer Sweden AB

Zenuity AB (50%)

United States

Arriver Software, Inc.

Veoneer US, Inc. (Delaware)

Veoneer Brake Systems, LLC (Ohio)

Veoneer Roadscape Automotive, Inc. (Delaware)

Veoneer, Inc. has 100% ownership interest and 100% voting power in each subsidiary unless otherwise indicated.