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Market Chatter: Nabtesco to Mass-Produce Fully Electric Power Steering for Large EVs in 2027, Starting with China

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Japanese machinery manufacturer Nabtesco (TYO:6268) plans to begin mass production of fully electric power steering systems for large commercial vehicles in 2027, Nikkei reported on Wednesday.

This will mark the world's first mass production of such a system for large trucks and buses, with expected uptake in China, the largest EV market, likely to drive broader global adoption, the news agency said.

Nabtesco recently supplied a newly developed fully electric power steering unit to China's state-owned CRRC, a global leader in rolling stock manufacturing, the publication said.

CRRC intends to integrate the component into its next-generation bus system featuring four connected carriages, which is currently undergoing prototype vehicle trials, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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