PR98338

AUBURN HILLS, Mich., Oct. 18, 2022 /PRNewswire=KYODO JBN/

Nexteer Automotive's Automated Steering Actuator has been selected as

"Autonomous Vehicle Innovation of the Year" in the third annual AutoTech

Breakthrough Awards program, which recognizes innovation in automotive and

transportation technologies around the world.

Nexteer's innovative Automated Steering Actuator removes the literal and

figurative barriers of shared autonomous vehicles (SAVs) that operate in

geo-fenced, last mile and neighborhood vehicles. This innovation achieves

higher speeds, higher steering loads and overcomes safety, durability and many

other SAV challenges.

"Nexteer is honored to be recognized by AutoTech Breakthrough for our Automated

Steering Actuator. This innovative solution will improve safety and performance

for future mobility and solve OEM challenges across industry megatrends like

electrification, autonomy, shared mobility and connectivity," said Robin

Milavec, President, Chief Technology Officer (CTO), Chief Strategy Officer

(CSO) and Executive Board Director, Nexteer Automotive. "Earning this AutoTech

Breakthrough recognition further demonstrates Nexteer's technology leadership

and how we're poised to be the global leading motion control technology company

accelerating mobility to be safe, green and exciting."

About Automated Steering Actuator

Nexteer's award-winning Automated Steering Actuator

(https://www.nexteer.com/blog/enabling-safer-more-durable-reliable-driving-for-s

hared-autonomous-electric-vehicles/)facilitates broader adoption of SAVs, like

people movers, to be capable of higher loads and higher speeds, compared to

current last-mile, geofenced and neighborhood vehicles on the market. This

innovative steering solution offers high safety coverage through a combination

of software, electrical hardware, mechanical and sealing redundancies – plus

increased durability and reliability performance required for higher loads due

to increasing vehicle weights (battery mass) and more demanding use-cases of

SAVs without driver manual back-up.

In addition to the AutoTech Breakthrough Award, the Automated Steering Actuator

has also been recognized as a 2022 Automotive News PACE Award Finalist and a

2022 CES Innovation Award Honoree.

"SAVs represent a convergence of megatrends like electrification, shared

mobility, autonomous driving and connectivity. Current autonomous steering

systems are based mostly on traditional use cases. However, SAVs require

increased life expectancy, durability and robustness," said Bryan Vaughn,

Managing Director of AutoTech Breakthrough Awards. "Nexteer's Automated

Steering Actuator is a game-changing steering innovation that will enable this

future mobility revolution. Designed for serviceability, while providing

augmented unit economics with its increased robustness, it's our choice for the

'Autonomous Vehicle Innovation of the Year' award. Congratulations to Nexteer!"

About AutoTech Breakthrough

Part of Tech Breakthrough (https://techbreakthrough.com/), a leading market

intelligence and recognition platform for global technology innovation and

leadership, the AutoTech Breakthrough Awards program is devoted to honoring

excellence in automotive and transportation technologies, services, companies

and products around the world. The AutoTech Breakthrough Awards program

provides a forum for public recognition around the achievements of AutoTech

companies and solutions in categories including Connected Car, Electric

Vehicles, Engine Tech, Automotive CyberSecurity, Sensor Technology, Traffic

Tech, Vehicle Telematics and more. This year's program attracted more than

1,500 nominations from over 15 different countries throughout the world. For

more information visit AutoTechBreakthrough.com

(https://autotechbreakthrough.com/)

About Nexteer

Nexteer Automotive (HK 1316) is a global leading motion control technology

company accelerating mobility to be safe, green and exciting. Our innovative

product and technology portfolio includes electric and hydraulic power steering

systems, steer-by-wire systems, steering columns and intermediate shafts,

driveline systems, eDrive and software solutions. The company solves motion

control challenges across all megatrends – including electrification,

software/connectivity, ADAS/automated driving and shared mobility – for more

than 60 customers around the world including BMW, Ford, GM, RNM, Stellantis,

Toyota and VW, as well as automakers in India and China. www.nexteer.com　

(https://www.nexteer.com/)

Source: Nexteer