NASDAQ : CAAS

China Automotive Systems, Inc. — News

$4.51 USD

$0.23 (5.37%)

Volume
67.76K
Average Volume
26.5K
Market Capitalization
$136.07M
P/E Ratio
3.18
Dividend Yield
0.00%
Price Target
Year High
$5.15
Year Low
$3.86
Day High
Day Low
Payout Ratio
$0.00
Current Ratio
$1.36
Source Headline
China Automotive Systems Began Volume Shipment of EPS Systems to a Global Automaker in Europe

WUHAN, China, May 18, 2026 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that the first batch of electric power steering ("EPS") models for a global automaker's European division has been shipped from the CAAS' factory. This EPS steering model will be featured in two new vehicle models in Europe, with more vehicle projects to follow.

prnewswire.com - 2026-05-18 06:00:00

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