Nexteer Automotive Group Ltd - Company Profile
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Business Description
Nexteer Automotive Group Ltd (Nexteer) is a manufacturer of automotive components. The company designs, develops, manufactures and distributes steering and driveline systems, Advanced Driver-Assistance Systems (ADAS) and automated driving technologies, hydraulic power steering systems and components for OEMs across the world for automotive manufacturers.
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R&D Overview
The company's research and development (R&D) endeavors towards devising innovative solutions for power transmission between the steering wheel and axle, based on the specific requirements of its customers. These solutions serve as a foundation for creating in-house products that can potentially contribute to the company's revenue in the future. As of December 31, 2022, Nexteer's worldwide portfolio comprised 781 patent applications and 1,230 granted patents. In FY2022, the company reported R&D expenses for engineering and product development costs to be US$145.1 million, which stood at 3.8% of the revenue and grew 24.8% compared to FY2021.
Product Categories
- Driveline Systems (DL)
- Electric Power Steering (EPS)
- Hydraulic Power Steering (HPS)
- Steering Columns and Intermediate Shafts (CIS)
Overview
Comprises components that transfer power from the transmission to the drive wheels. Offers Halfshaft enabling technologies which include rzeppa joints, free joints, tripots, triglides, double offset, cross grove, crossglide and axle shafts. Halfshaft solutions include complementary axles for the halfshaft enabled technologies offered by the segment.
Performance
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Overview
Produces electric power steering, which uses an electric motor to assist driver steering along with hardware and software to connect the drive. Offers products such as column assist electric power steering (CEPS), intermediate shafts, premium eps rack & pinion gears, single & dual pinion assist EPS (SPEPS and DPEPS), rack-assisted EPS (REPS), modular power packs, EPS remanufacturing and high availability and high-output EPS.
Performance
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Overview
Offers products such as magnetic torque overlay, smart flow, power steering pumps and reservoirs, rack & pinion steering gears, and recirculating ball steering gears and provides aftermarket services.
Performance
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Overview
Connects the steering wheel to the steering mechanism which controls steering by transferring the driver’s input torque from the steering wheel. Offers products such as power tilt and telescope, power rake and telescope, one-touch adjustable column, manual rake and telescope, non-adjustable columns, adaptive energy absorbing technology, electronics, modules, and sub-assemblies, transmission shifter, stowable steering column and intermediate shafts.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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