TT Electronics Plc

- Electronics components manufacturer, primarily developing and producing electronic components for transportation, industrial, power, medical, military, and aerospace markets. - As of the end of December 2023, the company consists of the following three business divisions: - The company has established a partnership with a leading Tier 1 supplier in India, which supplies manual and hydraulic steering systems to all major commercial vehicle manufacturers in India. The company is currently developing electric power steering (EPS) systems for commercial vehicles and provides technical support from the initial design stage to assist customers in completing EPS systems for four-wheeled electric commercial vehicles. - The Mexicali factory in Mexico has secured a 5-year contract worth £600,000 to supply EPS sensors for three-wheeled and four-wheeled electric light commercial vehicles.