American powertrain major BorgWarner has secured a contract with a global OEM to deliver its 400-volt HVCH (High-Voltage Coolant Heater) on a series of its plug-in hybrid electric vehicle (PHEV) platforms.

With production set to start in 2027, the HVCH PHEV will be incorporated in mid-size pickup trucks, SUVs and minivans. The deal is also BorgWarner’s largest HVCH PHEV award in North America to date based on expected volumes.

The 400V HVCH provides a compact and flexible design, which supports a wide variety of vehicle designs for OEMs, thus doing away with the need for a major overhaul on the vehicle platforms. By offering a high thermal power density thanks to its unique brazed aluminium fin technology with a power ranging up to 10 kW, it provides optimal heat transfer, improve flow distribution and help to degas and prevent bubble accumulation.

Dr Volker Weng, Vice-President, BorgWarner Inc. and President & General Manager, Turbos and Thermal Technologies, said, “BorgWarner has been collaborating with this global OEM on a variety of projects and is looking forward to furthering our relationship by providing this efficient solution for battery and cabin heating. Our HVCH technology compared to other heaters allows us to provide a solution that improves robustness and provides cost improvements for our customer without altering the overall vehicle environment.”

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ZF Commercial Vehicle Control Systems India, a leading component supplier in the country, has appointed Paramjit Singh Chadha as its new Managing Director.

A seasoned automotive engineer, Chadha comes with over four decades of extensive experience working across roles and companies. He begun his journey with Maruti Suzuki India and went on to work with brands such as Kalyani Brakes, Bosch Chassis Systems, Continental Brakes and Knorr-Bremse.

In his last role, he led several projects on ESG, manufacturing excellence and digitalisation within the ADM Group as its President and MD. His expertise is particularly strong in safety-critical components, such as brake systems for various vehicle segments.

Prof. Dr. Peter Laier, Member of the Board, Board of Management ZF Group commented, said, “P Kaniappan’s leadership, strategic vision, and commitment have been instrumental in establishing ZF’s strong foundation and continued success in the Indian market. I am delighted to now welcome Paramjit to the ZF Group and I am confident that his rich experience, knowledge and proficiency will prove to be an invaluable asset to the company”.

Akash Passey, President, ZF Group India, noted “We are very happy to welcome Paramjit Chadha as the Managing Director of ZF CVCS India. His experience and expertise in the regional automotive ecosystem will lend positively to the growth of the CV business in the region and will bring in an exciting new chapter for the ZF Group. I also extend my heartfelt appreciation to P Kaniappan, whose remarkable legacy and unwavering dedication have laid a strong foundation for our presence in India.  Thank you for your outstanding service."

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Mumbai-headquartered automotive engineering and components supplier Remsons Industries has signed a Strategic Technical License Agreement with Brazil-based AUSUS Automotive Systems do Brasil.

As per the understanding, Remsons will collaborate with ASUS Brazil to license proprietary technologies, enabling the development and manufacturing of high-quality products tailored to the local market.

The move aims to introduce advanced technologies for supporting the automotive and electronics industries in Brazil.

Rahul Kejriwal, Executive Director, Remsons, said, "We are excited to partner with ASUS Brazil to bring our technological expertise to the Brazilian market. This collaboration is a significant step towards supporting local OEMs and strengthening the industrial ecosystem in Brazil."

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Taiwan-headquartered Innolux Corporation is set to acquire Japanese electronics major Pioneer Corporation from EQT for USD 1.1 billion. As per the understanding, CarUX, a subsidiary of Innolux Corporation, focussing on smart cockpit solutions, will create strong synergies with Pioneer’s existing capabilities to continue on its global expansion trajectory.

Pioneer, a Japanese leader in automotive sound and navigation systems, has been an engineering powerhouse since its founding in 1938, known for its robust research and development and industry-leading manufacturing. The company provides in-car navigation and audio electronics to both original equipment manufacturers (OEMs) and the consumer aftermarket, alongside various hardware and software solutions for the automotive sector.

Since its 2019 acquisition by EQT, Pioneer has undergone a significant transformation to restore its financial health and ensure long-term growth. This effort has yielded strong results, with the company achieving double-digit EBITDA margins and substantial free cash flow for the fiscal year ending March 2025. EQT’s strategic initiatives included strengthening corporate governance, appointing a new leadership team and implementing strict cost and capital discipline, all of which substantially boosted profitability and cash generation.

The Japanese company has successfully refocused on its core expertise in automotive audio, introducing a new amplifier technology platform and securing major projects from clients both domestically and internationally. The company has also expanded into new growth areas by leveraging its existing technologies, launching Mobility Services (software-led navigation utilising proprietary Japan-specific map data) and Mobility AI Connectivity (AI-based dash cameras for global markets). Furthermore, Pioneer demonstrated resilience during challenging periods like the Covid-19 pandemic and semiconductor shortages, thanks to enhanced operational efficiencies and the strategic divestment of non-core assets.

Shiro Yahara, President and CEO, Pioneer, said, “EQT has been instrumental in helping us drive transformation and innovation while preserving our DNA as a global leader in automotive technology. We look forward to this next chapter of growth with CarUX, building on the solid foundation that EQT helped us establish. We are proud to celebrate this milestone and look forward to partnering with CarUX to continue our product innovations and accelerate our global expansion.”

Sanjay Dhawan, Chairperson of the Board and Independent Director of Pioneer, said, “The automotive industry is undergoing a profound digital transformation, with digital content in vehicles rising from 27 percent to 40 percent and software playing an increasingly central role in cars. Under EQT’s ownership, Pioneer has embarked on a transformative journey – embracing innovation to lead in this new, software-defined era of mobility. This innovation has created substantial value across the board, benefiting customers, employees and shareholders alike.”

Shane Predeek, Partner, EQT Private Capital, said, “We are proud to have helped revitalise one of Japan’s most iconic brands and reposition it for long-term success. This milestone marks an exciting new chapter for Pioneer, and we believe that there are synergies with CarUX and its parent company, Innolux, that will greatly benefit the business and its future potential. At EQT, we are committed to being responsible stewards of our companies – ensuring they are handed over to owners who can continue the momentum we’ve built and support their next phase of growth. This transaction also reflects EQT’s growing momentum in Japan, where we continue to execute on our strategy of building stronger, more resilient businesses with global ambition.”

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Tier 1 supplier Uno Minda has announced that its Board of Directors has approved setting up of a greenfield manufacturing facility for aluminium die casting in Sambhaji Nagar (Aurangabad), Maharashtra.

The new facility is targeted to meet the growing demand for casting components, particularly in electric two- and four-wheelers. As automakers look to introduce alternative energy vehicles with higher energy efficiency, lightweighting becomes a critical focus area. This is an area where aluminium die casting has emerged as a critical requirement for lightweight, high-performance vehicle platforms. EVs fundamentally require significantly more aluminium-based structural and thermal components compared to their internal combustion counterparts—making advanced die casting capabilities central to EV powertrain and body applications.

In addition, the upcoming facility will play vital role in supporting Uno Minda’s backward integration strategy by supplying essential casting components to its forthcoming four-wheeler electric vehicle powertrain plant.

The new project involves a total planned capital investment of approximately INR 2.1 billion, to be implemented in a phased manner over the next five years. The investment will be funded through a balanced mix of internal accruals and debt. Phase 1 of the plant is expected to commence commercial operations by Q2 FY27.

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