China automotive systems signs supply contract with scania

Wuhan, china, jan. 25, 2022 /prnewswire/ -- china automotive systems, inc. (nasdaq: caas) ("caas" or the "company"), a leading power steering components and systems supplier in china, today announced that it has entered into an agreement with scania ab ("scania") to develop ercb steering systems for scania's trucks and buses. built upon caas' proprietary technology and innovative knowledge coupled with caas' advanced  driver-assistance systems ("adas") l4 platform, named ap04, this ercb steering system is a fully electric intelligent steering system for light- and medium-duty truck and heavy-duty commercial vehicles.
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