Automotive Technology agrees steer-by-wire deal. ThyssenKrupp stock sits at EUR 14.35
Published on 10/17/2026 at 10:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPartnership Details And Next Session
- On October 14, 2026, thyssenkrupp Automotive Technology agreed a memorandum of understanding with Inovance Automotive.
- The stock was last quoted at EUR 14.35 on Xetra on October 16, 2026.
- The next Xetra session is dated October 19, 2026.
thyssenkrupp Automotive Technology and Inovance Automotive agreed on October 14, 2026, to pursue a strategic collaboration on steer-by-wire systems, according to a thyssenkrupp company announcement. The two companies signed a memorandum of understanding covering technical and strategic cooperation.
Market context: Market report DAX.
Weekend trading
The stock was last quoted at EUR 14.35 on Xetra on October 16, 2026. The quote reflects the most recent dated market price available ahead of the next Xetra session. The next price is shown from the start of trading by the continuously updated real-time quote of ThyssenKrupp stock.
Steer-by-wire collaboration
The memorandum combines thyssenkrupp Automotive Technology’s expertise in chassis and steering with Inovance Automotive’s capabilities in electronics, software, actuators and industrialization. The companies said their initial focus would be China, with possible expansion into additional international markets. They intend to define joint development approaches, potential industrialization models and the longer-term structure of the partnership in the coming months, the company announcement said.
Next Xetra session
The next Xetra session is dated October 19, 2026.
