China Automotive Systems Secures C-EPS Project Contract in South America
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 17 2025
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Source: Newsfilter
- International Expansion Milestone: China Automotive Systems' wholly-owned subsidiary, Hubei Henglong, has secured a C-EPS project contract from a leading South American automotive manufacturer, marking the first large-scale entry of its electric power steering systems into the South American market and advancing the company's international strategy.
- Significant Market Potential: The project is expected to achieve an annual sales volume of over 300,000 units, with mass production slated for early 2028, highlighting CAAS's critical role and future growth potential in the global automotive supply chain.
- Technological Upgrade and Market Confidence: Henglong's successful development of C-EPS products for European markets has garnered high praise from OEM customers, and this new collaboration in South America further demonstrates international automakers' growing confidence in its R&D and manufacturing capabilities, enhancing its competitive edge.
- Strategic Investment and Localized Services: CAAS plans to establish a comprehensive operational and support network in Brazil to promote electric power steering, enhancing service quality through new manufacturing capacity and after-sales support, which will facilitate deeper integration of advanced technology in the global market.
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About CAAS
China Automotive Systems Inc is a holding company principally engaged in the manufacture and sale of automotive systems and components. The Company’s main products include rack and pinion power steering, integral power steering, electronic power steering and manual steering, steering columns, steering oil pumps and steering hoses. The Company's major customers include FAW Group, Dongfeng Auto Group Co., Ltd, BYD Auto Co., Ltd, as well as Stellar Group and Ford Motor Company in North America. The Company primarily operates its businesses in the domestic and overseas markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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China Automotive Systems Unveils 2026-2030 Strategic Plan Aiming for Over ¥20 Billion in Sales
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