French tier 1 supplier Valeo has announced that it will be part of a major international sport event through its 48V eAccess technology, which will power Toyota APM electric shuttles in Paris this summer.

The APM was specifically designed by Toyota to offer a safe and efficient mobility solution to athletes and officials during the major sport event in Tokyo, Japan in 2020.

The e-shuttle will again be at the heart of the transport solutions during the next sports event in Paris to ease mobility for all within the sports sites. This is a completely new version, more adapted to the European environment, it can embark 6 persons including the driver and has been designed for very flexible use. The foldable seats enable the transport of people in wheelchairs. The vehicle is also available in a relief version, developed to provide medical assistance, enabling the transport of a stretcher and medical staff.

Christophe Perillat, Chief Executive Officer, Valeo said: “We are delighted that Toyota has chosen Valeo eAccess technology to power the APM electric shuttles. This confirms the relevance of Valeo’s strategy when it comes to exploring ever more sustainable and affordable technologies. Valeo will contribute with their technologies to make this major sporting event more sustainable, while providing spectators and delegations with a mobility experience adapted to the Parisian environment.”

Toyota chose Valeo eAccess Belt 14, all-in-one solution (motor, inverter, reducer) offering the possibility to the vehicle to operate up to 20kmph with a gross vehicle mass of 1390kg.

Valeo’s 48V eAccess combines a 48 Volts 13.5 kW generator, coming from the 48V electrical propulsion platform which has already reached sufficient maturity to become a standard equipment for the automobile market, combined with a gear reducer and an innovative ribbed elastic belt to create a full eDrive propulsion system.

This all-in-one solution is a unique automobile powertrain transmission system in the automotive industry landscape and shows the Valeo expertise and its capacity to propose a modular approach for the quickly-growing market of light powertrain vehicles.

It has the possibility to reach speed up to 100kph and an electric autonomy average of 100km, the Valeo’s 48V eAccess is also matching the noise, vibration & harshness (NVH) high-performance standards and registers in a medium and long-term strategy to reduce the environmental footprint impact of the automotive industry (end-of-life recycling, recycled material cover).

The eAccess technology is already powering the urban car Citroen Ami and also other applications such as the three-wheelers from Atul Auto in India. The 48V Valeo expertise in electric motors for small mobility is also available on two-wheelers markets and the latest addition to this is the BMW e-motorbike CE02.

Toyota plans to provide 250 vehicles for the major sport event to take place in Paris next summer.

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Ola Electric has announced the commencement of mass deliveries of its 4680 Bharat Cell-powered vehicles. The S1 Pro+ 5.2 kWh is the first product to be powered by the company’s indigenously manufactured 4680 Bharat Cell battery pack, which delivers more range, better performance and enhanced safety.

With its own battery packs in the vehicles, Ola Electric is now India's first company to fully own the battery pack and cell manufacturing process in-house.

The S1 Pro+ 5.2 kWh is powered by a 13 kW motor, offering acceleration of zero to 40 kmph in just 2.1 seconds. It comes with an impressive 320 km range (IDC with DIY mode).

The S1 Pro+ features four riding modes (Hyper, Sports, Normal and Eco) and also offers enhanced safety with category-first dual ABS and disk brakes in the front and rear. It also gets enhanced ergonomics and comfort, a two-tone seat with supportive foam, body-coloured mirrors, a die-cast aluminium grab handle, rim decals and an expanded colour palette comprising Passion Red, Porcelain White, Industrial Silver, Jet Black, Stellar Blue and Midnight Blue.

“The excitement for S1 Pro+ has been phenomenal. Deliveries are now in full swing, and customers are proudly riding India’s first scooters powered by our own 4680 Bharat Cell. This is a big moment, not just for Ola, but for India’s journey towards becoming a global EV hub. With the national rollout starting soon, we are now ready to take this breakthrough product and technology to every corner of the country,” an Ola Electric spokesperson said.

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CATL and Stellantis broke ground on a EUR 4.1 billion battery plant in Figueruelas, Spain, on 26 November. The 50:50 joint venture will produce lithium-iron-phosphate battery cells and targets an annual production capacity of 50 GW/h.

The project, which is Spain’s largest battery factory, is backed by over EUR 300 million in EU funds, with production expected to start in late 2026.

According to unions, around 2,000 Chinese workers will help construct the site, a point of contention with local authorities and residents. Also, 3,000 Spanish staff are to be hired and trained later.

Spanish authorities and residents have voiced concerns about job opportunities for local workers and potential strain from the influx of foreign employees. CATL Vice President Meng Xiangfeng said earlier in November the company needed experienced technicians to build and fine-tune production lines, with plans to train local workers to take over operations gradually.

David Romeral, Director General of CAAR Aragon, a network of automotive businesses in the region, said: “We don’t know this technology, these components – we’ve never made them before. They’re years ahead of us. All we can do is watch and learn.”

The regional government is organising work permits for arriving workers while seeking to attract battery supply chain companies to Aragon. Some Chinese technicians and managers have already arrived, with several hundred more expected by year-end and nearly 2,000 by the end of next year.

CATL’s approach contrasts with its Hungarian site in Debrecen, where it hired mostly locals to build its European plant. However, a lack of local workers caused production to be delayed from late 2025 into mid-2026. The Figueruelas facility will serve as CATL’s third European manufacturing operation, alongside the Hungarian plant and one in Germany.

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Neuron Energy, an EV battery manufacturer, has raised INR 310 million in a Pre-Series B funding round led by Equanimity Ventures, Rajiv Dadlani Group, Thackersay Family Office and Chona Family Office, with participation from Family Offices and HNI investors. With this, Neuron Energy has raised INR 810 million to date.

The funding will be used to expand Neuron Energy’s manufacturing capacity to 3 GWh and to establish a fully automated, large-scale battery facility for electric four-wheelers and buses at Chakan, Pune. The capital will also strengthen the company’s R&D capabilities, accelerate domestic growth, and broaden its footprint in international markets.

Pratik Kamdar, CEO and Co-Founder, Neuron Energy, said, “This Pre-Series B round is a defining step in our mission to industrialise world-class battery manufacturing in India. As EV adoption accelerates, we are focused on building capacity, embedding automation, and pushing the boundaries of performance and reliability. This investment ensures we can deliver at scale, both in India and globally.”

The company said it operates with a low-CapEx and low-OpEx business model. It has been growing profitably year-on-year and is on track to achieve INR 2 billion in revenue this year. The company is also confident of achieving sales of over INR 9 billion, with profitability, over the next few years.

Rajesh Sehgal of Equanimity Ventures, added, "We see immense potential in Neuron Energy’s approach to EV battery innovation and scalability. Their focus on quality, automation, and energy efficiency aligns with the evolving demands of the EV industry in India and beyond. We are proud to support their next phase of growth as they scale into new vehicle categories and manufacturing capacities."

The new facility reinforces the company’s position in two-wheeler EV batteries and signals a strategic entry into heavier vehicle segments. This supports Neuron’s vision to become a comprehensive EV battery solutions provider.

Rajiv Dadlani, from the Family Office of the Rajiv Dadlani Group, said, "Neuron Energy demonstrates remarkable potential to become the market leader, with their renewed focus, in delivering top-quality products. The company and its founders are highly committed to delivering rigorously tested and safe-to-use Li-Ion smart batteries. We are confident that they will continue to thrive and set new standards in the industry."

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