Taiwan's Yusin pivots China OE brake pad business from BYD to JV automakers
Taiwan-listed Yusin Holding Corp. said on September 23 that its Chinese subsidiary Fuzhou Assured Brake Systems is reducing its reliance on BYD and shifting its China original-equipment (OE) brake pad business toward joint-venture automakers including Volkswagen, Nissan and Honda. The subsidiary is targeting an 11% share of China's OE brake pad market by 2027.
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