CAAS

China Automotive Systems, Inc. is a supplier of automotive systems and components primarily serving the Chinese vehicle market. Headquartered in Troy, Michigan, with extensive operations in China, the company manufactures power steering systems, sensors, and other critical automotive parts. CAAS provides hydraulic power steering systems, electric power steering systems, and steering columns to commercial vehicle manufacturers and passenger car producers. The company operates multiple production facilities in China and has established long-term relationships with major Chinese automakers including SAIC Motor, FAW Group, Dongfeng Motor, and others. China Automotive Systems has expanded its product portfolio to include sensors for advanced driver assistance systems and components for electric vehicles as the Chinese automotive market transitions toward electrification and automation. The company employs several thousand workers across its manufacturing operations and engineering centers. CAAS benefits from China's position as the world's largest automotive market while facing competitive pressure from domestic and international suppliers. The company's strategy focuses on technology development in electronic steering systems and expanding its presence in the growing electric vehicle segment in China.