# China Automotive Systems buys 40% stake in Sentient AB

China Automotive Systems, through its subsidiary Hubei Henglong Automotive Systems Group, purchased a 40% interest in Sentient AB, a Swedish automotive technology company, for EUR 20 million. Sentient specializes in software and hardware for steering, vehicle motion control and autonomous driving.

- Type: Acquisition
- Announced: 2021-06-10
- Where: Gothenburg, Sweden, Sweden
- Value: $24.0M (20.0M EUR)
- Status: completed
- Products: steering systems, vehicle motion control, autonomous driving technology
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [China Automotive Systems](https://endata.com/companies/19421.md) (acquirer)
- [Hubei Henglong Automotive Systems Group](https://endata.com/companies/55759.md) (acquirer)
- [Sentient AB](https://endata.com/companies/55760.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/china-automotive-systems-purchases-40-of-european-vehicle-technology-leader-and-officially-enters-autonomous-driving-301308656.html), 2021-06-10: "We are thrilled to welcome Sentient, a leader in advanced steering functions and autonomous driving technology, to the CAAS family."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.