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thyssenkrupp and Inovance to Partner on Steer-by-Wire

Original: thyssenkrupp Automotive Technology and Inovance Automotive to Form Strategic Partnership on Steer-by-Wire

thyssenkrupp Automotive Technology and Inovance Automotive have announced a strategic partnership to jointly develop steer-by-wire technology. The cooperation links the German industrial group's automotive systems business with the Chinese electronics and drivetrain supplier, as both companies push into software-based steering systems that replace mechanical linkages in next-generation vehicles, a fast-growing segment of the electric and autonomous car market.

Why now: The newly announced partnership connects a major German supplier with a rising Chinese one in a key future car technology, drawing industry attention.

thyssenkrupp Automotive TechnologyInovance Automotive

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• thyssenkrupp Automotive Technology and Inovance Automotive to Form Strategic Partnership on Steer-by-Wire · ThyssenKrupp

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