WABCO Holdings, global supplier of technologies and services that improve the safety, efficiency, and connectivity of commercial vehicles, announced that it has signed a long-term cooperation agreement with Nexteer Automotive, a specialist in intuitive motion control, headquartered in USA.
WABCO and Nexteer will collaborate to develop and supply active steering systems for medium and heavy-duty commercial vehicles, using Nexteer MagnaSteer Actuation Technology, a breakthrough product in advanced steering assistance. WABCO and Nexteer will integrate MagnaSteers proven technology with Sheppards suite of power steering gears, which has set the industry standard for heavy-duty commercial and speciality vehicles.
As previously announced, WABCO has signed an agreement to acquire Sheppard, subject to customary US regulatory clearance. The acquisition is expected to be completed by the end of the third quarter 2017.
Through an existing exclusivity agreement between Nexteer and Sheppard, WABCO can offer a compact, cost-effective, breakthrough technological solution that enables active steering control for commercial vehicle manufacturers in North America. In addition, WABCO has access to this technology for all medium- and heavy-duty commercial truck markets outside North America. Furthermore, this access is on an exclusive basis, except in China.
Jorge Solis, president, truck, bus and car original equipment manufacturers division, said: This cooperation agreement marks another key milestone as WABCO advances toward enabling self-driving commercial vehicles. We have a clear line of sight on the fundamental technologies, such as active steering, active braking, electronic stability control and other advanced driver assistance systems, which will enable significant intermediary steps on our industrys path to realise fully autonomous driving.
Nexteers MagnaSteer is precision engineered for flexibility as a modular design that fully integrates within Sheppards gear product line. It also scales efficiently for manufacturers of medium and heavy-duty trucks, and buses. This active steering solution will make vehicles safer and more comfortable to drive, compared with conventional steering gears. At the same time, active steering enables further advanced driver assistance systems with steering correction, lane keeping and lane centring functionalities, among other advancements.
Brian Darling, product line executive, Nexteer Automotive, said: We are excited to partner with WABCO. Our industry-leading MagnaSteer will be fully integrated into the strategy of this industry leader on an exclusive basis in the medium- to heavy-duty commercial truck market to create opportunities for further growth.