China Automotive Systems Achieves ASPICE 4.0 CL2 Certification for AP04 EPS Platform
China Automotive Systems Inc., through its subsidiary Hubei Henglong Automotive System Group, has achieved ASPICE 4.0 Capability Level 2 in a joint assessment with a European automaker and UL. This certification validates the company's end-to-end R&D capabilities for both hardware and software development on its AP04 EPS platform. The achievement is significant as it meets rigorous standards enforced by leading European OEMs, particularly regarding supply chain process control and quality systems. The AP04-based EPS program is set to enter mass production in 2026 for the European market. Additionally, Henglong secured development rights from a major Chinese automaker for its R-EPS platform. This milestone underscores China Automotive Systems' ability to deliver high-quality automotive solutions globally and positions it well for future international collaborations.
Tickers: $CAAS
Topics: Automotive Certification Global Markets Technology Development