The Bosch Motorsport Steering Angle Sensor can be used to sensor both steering angle and steering rate via hall effect sensing and transmits this information via CAN at 500kb/s (no 1mb/s version is available)
In order to achieve this, the sensor is using the giant magneto resistive (GMR) effect. The detection of the absolute angle is realized by means of toothed measuring gears with different ratio including small magnets. Corresponding GMR elements that change their electrical resistance according to the magnetic field direction detects the angle position of the measuring gears.
The measured voltages are A/D converted and a microcontroller performs the angle calculations. The steering angle and the steering angle speed are provided on a CAN-interface.
NOTE: Don't forget to purchase a Bosch 7 Way Connector for the Steering Angle Sensor s they are sold separately.