- FAWER Automotive Parts Limited Q2 2026 Orders reached CNY 8.64 billion.
- Strong NEV demand boosted intelligent mobility project wins.
FAWER Automotive Parts Limited Company reported strong business momentum after securing 67 new customer orders during the second quarter of 2026. Based on customers' planned production volumes, the combined lifecycle revenue of these projects is estimated at CNY 8.64 billion. The latest order intake highlights continued demand across intelligent vehicle technologies, new energy vehicle components, and commercial vehicle applications while also strengthening the company's presence in both domestic and overseas automotive markets.
Among the newly awarded projects, 30 originated from non-traditional markets. These contracts are expected to generate approximately CNY 3.18 billion in lifecycle revenue, representing 36.8% of the total value of all newly secured orders. In addition, new energy vehicle-related programs accounted for 72.1% of the overall lifecycle revenue, reflecting continued industry investment in electrified vehicle technologies and advanced automotive systems.
Within the intelligent chassis business, Hongqi New Energy selected FAWER for a steer-by-wire system project. The company also expanded its intelligent suspension portfolio by securing dual-valve electronically controlled damper orders from SAIC Motor and Luxeed. Additionally, fully active damper projects were awarded by Great Wall Motor and SAIC Motor, further strengthening FAWER's position in advanced chassis and suspension technologies.
Q2 2026 FAWER Order Highlights
| Category | Details |
|---|---|
| New Orders | 67 |
| Estimated Lifecycle Revenue | CNY 8.64 Billion |
| Non-Traditional Market Orders | 30 Orders |
| Non-Traditional Revenue | CNY 3.18 Billion (36.8%) |
| NEV-Related Revenue Share | 72.1% |
Expansion Across Domestic and Overseas Markets
Beyond its domestic business, FAWER continued expanding internationally by obtaining prototype orders from international premium automakers. The company also secured an electric oil pump project from MAN Truck & Bus SE, reinforcing its footprint within the overseas commercial vehicle OEM supply chain. These achievements demonstrate FAWER's strategy of broadening its customer base while increasing participation in advanced mobility technologies across global automotive markets.
Frequently Asked Questions
What were the major achievements announced by FAWER Automotive Parts Limited in Q2 2026?
FAWER Automotive Parts Limited announced that it secured 67 new orders during the second quarter of 2026 with an estimated lifecycle revenue of CNY 8.64 billion based on customers' planned production volumes. The company reported strong demand from new energy vehicle programs, intelligent chassis and suspension systems, and overseas commercial vehicle projects. It also expanded cooperation with several major automakers while strengthening its international OEM supply business through new prototype and electric oil pump projects.
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