“Companies which never thought of software are now building their entire product line based on software”: Elektrobit India

In this exclusive interaction with N. Balasubramanian, Satish Sundaresan, Vice President – Global Strategy & Managing Director at Elektrobit India elaborates on changing trends in the automotive space through software-defined vehicles and outlines the company’s strategy for ushering in new technologies Can we start off with the current trends and the sentiment in the market? […]

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ZF accelerates e-mobility with advanced axle drive systems for CVs

ZF’s Commercial Vehicle Solutions (CVS) division has underlined its commitment to the fully electrified future of mobility by presenting its latest eMobility kit. Providing all the key technologies commercial vehicle manufacturers need to electrify their vehicles, the product range now includes all-electric central drives, axle drives and eComponents. Suitable for light, medium and heavy-duty vehicles […]

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Indian automotive components sector revenue to grow 10-12% this fiscal

The Indian automotive components sector will clock 10-12% growth in revenue in fiscal 2024, riding on continuing domestic growth buoyed by robust demand from original equipment manufacturers (OEMs)1 on the back of high base of past fiscals, and steady aftermarket demand. This is despite exports continuing to remain sluggish. Continuing demand momentum, driven by OEMs, […]

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MAGNA EXPANDS PRESENCE IN INDIA, INVESTS IN NEW ENGINEERING CENTER AT BENGALURU

To match pace with the automotive industry’s acceleration in cleaner mobility solutions, Magna is investing more than $120 million to establish and operate a new engineering center in Bengaluru, India to support e-mobility.  The new center, called Magna Innovation Campus Bengaluru, is in the heart of the Brigade Tech Garden, rich in engineering talent, and […]

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BorgWarner releases 2022 Sustainability Report, highlights substantial ESG progress

BorgWarner has released its 2022 Sustainability Report, “Charging Forward Together,” highlighting the significant steps taken toward meeting its environmental stewardship, social responsibility and governance (ESG) objectives and outlining additional goals the company has set for this year and beyond. The Sustainability Report underscores BorgWarner’s commitment to accelerating the world’s transition to eMobility to help build […]

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