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China Automotive Systems Wins First R-EPS Steering Order From Major European Automaker - PressReach
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China Automotive Systems Wins First R-EPS Steering Order From Major European Automaker - PressReach
WUHAN, China, May 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 its largest subsidiary by sales, Jingzhou Henglong Auto Parts Manufacturing Co., Ltd. (“Jingzhou Henglong”), won its first R-EPS product order from a large, well-known European automobile producer. This order, with annual sales exceeding US$100 m…
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