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Stock impact report

CAAS Introduces Rear-Wheel Active Steering Technology to Upper Mass-Market EVs in China

China Automotive Systems, Inc. - Ordinary Share (CAAS) 
Last china automotive systems, inc. - ordinary share earnings: 11/12 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: caasauto.com
Company Research Source: PR Newswire
WUHAN, China, Oct. 21, 2025 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that with the rapid growth of automotive technological innovation, CAAS' subsidiary, Jingzhou Henglong Automobile Parts Manufacturing Co., Ltd. ("Jingzhou Henglong"), has launched its active rear-wheel steering for a superior driving experience. Once only reserved for luxury cars, CAAS' advanced steering is now entering the upper mass-market vehicle market with Chinese domestic new energy vehicles near the RMB 200,000 purchase price actively adopting this advanced technology. The core of the Rear Active Steering system is a ball screw and nut mechanism. A control unit integrates signals such as vehicle speed and steering wheel angle to direct the motor to drive the nut, which in turn drives the screw axially, thereby pushing the steering ro Show less Read more
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