Qingdong Steering is an intelligent steering system supplier. Based on the core electric drive unit (meeting the failure rate FIT10) as a platform, it has launched a product including a redundant fault-tolerant rack steering system R-EPS with a rack force range (14KN-20KN). And the redundant fault-tolerant rear wheel steering system iRWS with a rack force range (10KN-12KN), as well as a steering feel simulator and a front axle steering actuator that meet the failure rate FIT10. Recently, Qingdong Steering has completed the angel round of financing. The investors include Changxin Zhiyuan Capital, Meiyu Capital, Haoshu Venture Capital, and Sunlian Capital. The funds will be mainly used for the redundant electric drive unit of Qingdong Steering, R-EPS and Research and development of core products such as steering-by-wire (SBW, Steer-By-Wire) and the introduction of high-end R&D talents.
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