NEXTEER AUTOMOTIVE GP ORD (NTXVF) is linked to Nexteer Automotive, a motion control technology company focused on advanced steering and by-wire chassis systems for automotive OEMs. The news flow around Nexteer Automotive often centers on developments in steering technologies, standards work and its role in enabling electrified, intelligent and software-defined vehicles.
One notable area of news involves Nexteer Automotive's participation in the Automotive Chassis-by-Wire Standards Research Group in China, a specialized committee within the China Automotive Standardization Research Institute. The company has reported sponsoring and contributing to meetings of this group, which is responsible for developing China's national Chassis-by-Wire and Steer-by-Wire standards, including work related to the GB 17675‑2025 national steering standard.
Investors and industry observers following NTXVF-related news can expect updates on Nexteer Automotive's Steer-by-Wire activities, Motion-by-Wire chassis control technologies and collaborations with OEMs. The company highlights its expertise in SbW architectures, functional safety, system integration and production readiness, and these themes can appear in coverage of its technical and standards contributions.
News may also reference Nexteer Automotive's relationships with global and domestic OEMs, as well as its technical centers across North America, Europe and Asia-Pacific that support engineering, manufacturing and validation. For those tracking how steering and by-wire technologies evolve alongside electrification, ADAS and automated driving, this page offers a focused view of news related to NEXTEER AUTOMOTIVE GP ORD (NTXVF) and the underlying company.
Nexteer Automotive (OTC: NTXVF) reported record first-half 2026 results, with revenue of US$2.3 billion, up 4% year over year and 180 basis points above market growth. Adjusted EBITDA reached US$263 million, an 11.3% margin and a 100-basis-point improvement, while net profit attributable to equity holders rose 35% to US$86 million. Free cash flow was US$109 million, nearly three times the prior-year period.
The company booked US$3.3 billion in new customer programs, 43% from new or conquest business, with about US$1.0 billion from China domestic OEMs. Nexteer launched 28 programs, including its first Steer-by-Wire production launches in China and Mexico and a new High-Output Column EPS in China, with 17 launches on fully electric platforms. Nexteer advanced Electro-Mechanical Braking toward market readiness, was named a 2026 Automotive News PACE Pilot Award Finalist for its High Mount Direct Drive Steer-by-Wire Handwheel Actuator, and continued AI-driven digital transformation. Operationally, it opened a new plant in Rayong, Thailand and expanded its Changshu test track in China.
Nexteer Automotive (OTC: NTXVF) unveiled its High Mount Direct Drive Steer-by-Wire Hand-Wheel Actuator (HMDD), a compact, high-mount actuator architecture for software-defined vehicles. The system combines a high-mounted motor, direct-drive responsiveness and a stationary hub to expand cockpit design options and steering interface concepts.
HMDD supports center-hub displays and controls, stowable or reconfigurable steering interfaces and next-generation airbag integration via the stationary hub. Nexteer reports mass reduction opportunities of up to 23% versus legacy column-based architectures and scalable integration across internal combustion, hybrid and electric platforms, with 12V/48V and left/right-hand-drive support.
Nexteer (OTC:NTXVF) began series production of its first Steer‑by‑Wire (SbW) system for a leading Chinese NEV manufacturer on April 28, 2026. The SbW achieved ASIL D functional safety certification in late 2025 and features multi‑layer redundancy, adjustable steering ratio, road‑feel simulation, and ADAS interfaces.
Nexteer Automotive (OTC: NTXVF) opened a new 5,000-square-meter manufacturing facility in Rayong, Thailand on March 30, 2026.
The site is Nexteer's first Thailand plant, now in production for Column-Assist Electric Power Steering (CEPS), and joins a global network of 27 manufacturing plants, five technical centers and 13 customer service centers.
Nexteer Automotive (OTC:NTXVF) reported record full-year 2025 results with revenue of US$4.6 billion (up 7.2% vs. 2024) and adjusted EBITDA of US$471.9 million (up 11.2%). Net profit attributable to equity holders rose 65.3% to US$102.0 million.
Bookings totaled US$4.9 billion (52% new/conquest; 34% COEMs). APAC revenue reached US$1.5 billion (up 9.8%). The company launched 57 customer programs in 2025 and expects two Steer-by-Wire program launches in H1 2026.
Nexteer (OTC:NTXVF) sponsored a Coalition Meeting of China's Automotive Chassis-by-Wire Standards Research Group to advance the national Steer-by-Wire (SbW) standard.
The working group, of which Nexteer has been an active member since 2023, supported development of the national steering standard GB 17675-2025, which was officially released on December 2, 2025. Nexteer said it contributed technical input on safety, performance and industrialization and cited its global engineering and validation centers as support for OEM deployment.