Latest Developments in Global Automotive Braking Systems Market

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Latest Developments in Global Automotive Braking Systems Market

  • Automotive
  • Mar 2021
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

  • In April 2024, Continental AG announced the supply of its new-generation electronic brake system, the MK 120 ESC, to Chinese automaker Changan. This system, featuring enhanced efficiency, cybersecurity measures, and over-the-air (OTA) update capabilities, marks its first global series production, being integrated into Changan's latest Oshan X5 Plus and Uni-T models
  • In June 2024, ADVICS Co., Ltd. and Brakes India Private Limited entered into a joint venture to develop advanced braking systems equipped with Electronic Stability Control (ESC) technology. This collaboration aims to enhance vehicle safety standards in the Indian automotive market
  • In September 2024, Accelera introduced a new braking system specifically designed to enhance the braking performance of electric commercial vehicles. This innovation reflects the company's commitment to improving safety and efficiency in the evolving electric vehicle sector
  • In July 2023, Itelma LLC inaugurated a new ABS manufacturing unit in Kostroma, Russia. This facility aims to scale up production to meet the growing global demand for Anti-lock Braking Systems, reinforcing the company's position in the automotive safety market
  • In April 2024, the U.S. National Highway Traffic Safety Administration (NHTSA) announced a regulation requiring all new passenger cars and trucks sold in the U.S. to be equipped with automatic emergency braking (AEB) systems by September 2029. This mandate is expected to enhance road safety by preventing collisions and reducing fatalities