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NEXTEER began production of rear steering after starting operations.
Optimizing cost-effectiveness, durability, vehicle integration, and driving experience. Auburn Hills, Michigan, USA, March 17, 2025 /PR Newswire/ -- NEXTEER Automotive Systems today announced the launch of a rear-wheel steering (RWS) system product designed to balance cost-effectiveness, Lightweight, durability, and seamless vehicle integration. At the same time, the NEXTEER rear-wheel steering system has been optimized to enhance vehicle handling, stability, safety, and overall performance, providing drivers with an exceptional driving experience, especially suitable for long-wheelbase heavy vehicles such as pickups, SUVs, and electric vehicles. The company has partnered with a leading Chinese OEM.
Nexteer Launches Rear-Wheel Steering
Tianfeng: The implementation of Robotaxi is imminent, leading to a transformation in business models driven by technology.
The mass production of Robotaxis is imminent, and the Global Robotaxi market size is expected to reach 834.9 billion yuan by 2030.
NEXTEER (01316.HK) plans to hold a Board of Directors meeting on March 19 to approve the annual performance.
Gelonghui reported on March 7 that NEXTEER (01316.HK) announced that the Board of Directors will hold a meeting on March 19, 2025 (Wednesday) to consider and approve the release of the performance of the company and its subsidiaries for the year ending December 31, 2024, and to consider the distribution of a final dividend (if any), as well as to address other matters.
NEXTEER: DATE OF BOARD MEETING
Hong Kong stocks movement | NEXTEER (01316) fell over 10% again, the profit release of drive-by-wire products still needs time, and North American revenue may be affected by the increase in USA tariffs.
NEXTEER (01316) has fallen more than 10% again, as of the time of writing, it has dropped by 8.05%, priced at 5.14 Hong Kong dollars, with a trading volume of 0.118 billion Hong Kong dollars.
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