Top Industry Leaders in the Electric Steering Market
*Disclaimer: List of key companies in no particular order
Latest Company Updates:
May 2023
Hyundai has come up with its new e-Corner system, which effectively elevates 4-wheel steering vehicles to a new level with the addition of the new electric steering wheel. The driver may do a variety of movements thanks to Hyundai's 4-wheel steering system, or e-Corner. The system also enables the automobile to perform zero turns, pivot turns, and diagonal driving in addition to the thrilling Crab Driving. All of these effectively disprove the need for driving in metropolitan areas.
With the addition of a new package module, Hyundai Mobis has updated the drivetrain and added features like a brake by wire, steer by wire, a damper, and an in-wheel motor.
April 2023
A modular, cost-effective electric power steering system called the Modular rack-assisted Electric Power Steering (mREPS) system has been introduced by Nexteer Automotive. With its flexibility, Nexteer's mREPS is able to effectively satisfy the many OEM requirements for sophisticated steering systems in heavier cars, such as electric vehicles and light commercial vehicles.
Scalability is provided by mREPS by leveraging Nexteer's already-existing, industry-leading EPS building blocks. Scalability gives OEMs cost- and time-efficient efficiencies, including quicker development cycles and a higher rate of component reuse on vehicle platforms.
A full-cylindrical integrated powerpack is another characteristic of Nexteer's mREPS, which enables increased safety and reliability for SAE ADAS Levels 3 through 5 in a small package. A responsive steering system is also made possible by mREPS thanks to specially developed, high-performance torque and position sensors.
In order to provide an optimized solution that improves safety, flexibility, convenience, and efficiency, mREPS makes use of Nexteer's existing, market-leading electric power steering building blocks.
Top listed global companies in the industry are:
- JTEKT Corporation
- Robert Bosch GmbH
- ZF TRW Automotive Holdings Corp.
- NSK Ltd.
- Nexteer Automotive Group Limited
- Mando Corporation
- ThyssenKrupp Ag
- Hyundai Mobis Co. Ltd.
- Showa Corporation
- China Automotive System, and others.