The deal, says the braking systems manufacturer, will enable it to supply integrated braking and steering systems, and will boost its capability with autonomous vehicles thanks to tedrive’s intelligent Hydraulic Steering Assist (iHSA) technology.
“Entering the steering market is the logical next step in expanding our systems expertise,” says Dr Peter Laier (pictured), member of the executive board of Knorr-Bremse and head of its commercial vehicle systems division.
“Through the smart connection of systems and subsystems, we will be able to generate added value for our customers, be they commercial vehicle manufacturers or operators, in the development, production and operation of their vehicles.
“This is particularly important against the backdrop of increasingly widespread driver assistance systems and the automation of driving functions – developments that not only offer greater safety but also reduce total vehicle operating costs.”
The acquisition is subject to approval by the anti-trust authorities.