In response to the latest U.S. tariff policies, aluminum and steel products are now subject to an additional 50% tariff, on top of the existing 25%, bringing the total to at least 75%. Under such high tariff and production cost pressures, and effectively losing access to the U.S. market, we are no longer able to sustain the related development and production.
Therefore, effective immediately, we will suspend the production and development of all chassis products primarily made of aluminum and steel until further notice.