BUSINESS

Luxshare Pushes Deeper Into Auto Supply Chain With Acquisition

Published: May. 13, 2026 4:25 p.m. GMT+8

00:00

00:00/00:00

Listen to this article 1x

The acquisition grants Luxshare a direct entry ticket into the core automotive chassis market, reflecting a broader push by domestic suppliers to challenge foreign giants amid the industry’s shift toward advanced autonomous driving. Photo: VCG

Luxshare Precision Industry Co. Ltd. (002475.SZ), a major Chinese assembler of Apple Inc.’s iPhones, has agreed to acquire the controlling shareholder of a Hong Kong-listed chassis supplier, deepening its push into the automotive supply chain.

The acquisition grants the electronics manufacturer a direct entry ticket into the core automotive chassis market, reflecting a broader push by domestic suppliers to challenge foreign giants amid the industry’s shift toward advanced autonomous driving.

You've accessed an article available only to subscribers

Subscribe today for just $.99.

VIEW OPTIONS

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.

Save an extra $50. Introductory offer for new readers. Subscribe now.

Share this article

Open WeChat and scan the QR code

DIGEST HUB

Digest Hub

Back

Explore the story in 30 seconds

Luxshare (002475.SZ) agreed to acquire BWI Group, controlling shareholder of BeijingWest, gaining by-wire chassis tech; BeijingWest shares surged 49.3% then 13.6% to HK$7.6, Luxshare up 6.7% then 1.5% to 77.2 yuan.
Luxshare's automotive revenue rose 185.3% to 39.3B yuan in 2025; prior expansions include Chery JV and Leoni AG acquisition.
Move targets autonomous driving shift; 2026 by-wire standards loom, but reliability and scaling challenges persist.

AI generated, for reference only

Who’s Who