Marquardt Inaugurates New INR 1.8 Billion Plant In Pune

Marquardt

German mechatronics specialist Marquardt has inaugurated its new plant in Talegaon in Pune, Maharashtra, which replaces its existing production facility near Mumbai.

The new facility is equipped with in-house electronics production and logistics to support Marquardt’s customers for complete mechatronic solutions, including drive authorisation systems, gear selector switches and battery management systems (BMS) for electric vehicles.

With a total investment of INR 1.8 billion towards the new plant, the facility will improve supply chain, response time for its customers. The company expects to create 500 new jobs in the next five years.

Bjorn Twiehaus, Chief Executive Officer, Marquardt Group, said, “India is an important growth market for Marquardt with great potential. We work closely with leading vehicle manufacturers here and utilise the innovative strength and expertise of our Indian team. With the opening of the plant in Talegaon, we are continuing our success story in India and strengthening our position as a leading supplier of mechatronic systems for the mobility of the future."

Vishal Narvekar, General Manager, Marquardt India, added, "The inauguration of our new facility in Talegaon marks a significant milestone for Marquardt in India. Our strong and long-standing relationships with customers in the Indian automotive industry have been instrumental in our growth. With this expansion, we reaffirm our commitment to delivering world-class mechatronic solutions tailored to the needs of our local partners. Additionally, this facility underscores our contribution to the 'Make in India' initiative by enhancing local production, fostering innovation, and creating new employment opportunities."

The new facility will complement and work in sync with the company’s development centre which has already been active for the last decade. With around 450 employees the development centre supports Marquadt’s domestic & global customers, and is a key part of the company’s innovation network.

Dr. Harald Marquardt, Shareholder and Board Member, Marquadt, added, "Our team in India is a cornerstone of our global success. The high level of innovation, efficiency and commitment of our Indian experts are groundbreaking. With this new plant, we are underlining our long-term commitment to our customers in India and worldwide."

Marelli Unveils Intelligent Energy Management System For Hybrid And EVs At CTI Symposium

Marelli

Marelli, a global mobility technology supplier, unveiled its new solution for Intelligent Energy Management for hybrid and electric vehicles at CTI Europe 2025 in Berlin, Germany.

The modular system is based on proprietary software that can be integrated with vehicle and zonal control units and thermal components. This holistic approach coordinates seamlessly across the vehicle’s three main energy domains: thermal, propulsion and electronics. This maximises efficiency across all vehicle systems, delivering enhanced battery range, optimised fast charging and improved longevity, all while maintaining cabin comfort and operational reliability.

Marelli's new Intelligent Energy Management system is aimed at advancing both hybrid and electric propulsion solutions, as well as Software-Defined Vehicle (SDV) technologies.

The system was developed by integrating advanced digital twin methodologies and software strategies. This approach significantly reduces development time and costs while enabling collaboration with customers.

Thermal Domain: The system manages and optimises thermal flows, ensuring precise control of heating and cooling processes within the vehicle. Algorithms intelligently manage complex thermal systems, regulating temperatures to optimise overall performance and extend battery life. These strategies reduce energy losses and promote reuse of excess thermal energy.

Electric/Hybrid Propulsion: The system continuously monitors and adjusts power delivery to optimise energy distribution. This maximises battery efficiency and vehicle performance. By recovering energy and balancing its distribution, the system extends driving range and enhances resilience.

Electronics Domain: The solution enhances the intelligence and integration of vehicle systems by facilitating seamless communication between all components and systems. Data exchanges occur over communication protocols – from CAN to Ethernet – enabling direct management of sensors and actuators.

The development of a digital twin application allows for virtual modelling of every vehicle subsystem, including electronics, electromechanics, thermodynamics, and hydraulics. By creating virtualised car models, automakers can iterate faster and test more efficiently.

Giovanni Mastrangelo, Head of R&D for Marelli's Propulsion business, said, "Intelligent energy management is the central challenge facing today’s electric and hybrid vehicle development. At Marelli, we address this by delivering solutions that not only optimise energy flow across thermal, electric and propulsion domains, but also minimise losses and recover excess thermal energy. Through our digital twin and decoupled software approach, we empower our customers to reduce development timelines, gain flexibility and accelerate adoption of cutting-edge technologies, driving the future of sustainable and efficient mobility."

Tata AutoComp - IAC Sweden

Tier 1 automotive supplier Tata AutoComp Systems has completed the acquisition of the assets of International Automotive Components Group Sweden (IAC Sweden), a European automotive component manufacturer specialising in interior and exterior systems. IAC Sweden has an annual turnover of approximately USD 800 million.

Under the Tata AutoComp Systems Group, the entity will operate as Artifex Systems.

This acquisition will strengthen Tata AutoComp’s presence in Europe and enhance its partnerships with key European OEMs across passenger and commercial vehicle segments. The integration combines design, engineering and system-level capabilities with manufacturing, precision painting and assembly expertise in the automotive space.

Arvind Goel, Vice-Chairman, Tata AutoComp Systems, said, “We are delighted to welcome IAC Sweden, now Artifex Systems AB, into the Tata AutoComp family. This transaction aligns with our long-term vision of strengthening our global presence and deepening our relationships with European OEMs. They have a rich legacy of delivering high-quality interior & exterior solutions, and together, we aim to build on that foundation. We have a well-defined plan to strengthen the Artifex brand by bringing together Artifex Systems AB, Artifex Slovakia, and Artifex Interior Systems under one cohesive and unified identity.”

Manoj Kolhatkar, MD & CEO, Tata AutoComp Systems, stated, “IAC Sweden, now Artifex Systems AB brings with it advanced manufacturing capabilities and a highly skilled workforce with deep expertise in automotive interior & exterior systems. Their strong commitment to quality complements Tata AutoComp’s focus on delivering value to global customers. We look forward to leveraging these strengths to enhance our competitiveness and expand our global footprint.”

Anders Ericson, Vice-President – Operations, Artifex Systems, said, "We are excited to begin this new chapter as part of the Tata AutoComp family, opening new opportunities for growth and collaboration. This marks a new phase of progress, bringing possibilities to strengthen our capabilities, expand our reach, and contribute to Tata AutoComp’s global vision."

Ambassador of India to Sweden, Anurag Bhushan, added, "I am pleased to see IAC Sweden, now Artifex Systems AB, becoming part of Tata AutoComp. I am confident that under Tata AutoComp, Artifex Systems will evolve and grow, driving economic growth in the region. This acquisition is also a reflection of the potentialities for collaboration between India and Sweden."

Jan Thesleff, Ambassador of Sweden to India, said, “The revitalisation of IAC Sweden (now Artifex Systems AB) by Tata AutoComp will ensure continuity for Swedish customers, safeguard employment, and strengthen manufacturing capability. We recognise the long-standing and strategic engagement of Tata AutoComp, a reputed company within the esteemed Tata Group, within Sweden’s industrial landscape. We welcome this development and value Tata AutoComp’s continued partnership in supporting the stability and growth of Sweden’s automotive ecosystem.”

Sven Ostberg, Consul General of Sweden in Mumbai, also added: “We are happy that IAC Sweden (now Artifex Systems AB) is now part of the Tata AutoComp Group. This development will help ensure the smooth functioning of the three plants, provide continued support for Swedish customers, and maintain continuity of employment, while further strengthening the resilience of Sweden’s automotive component ecosystem.”

Valeo Targets Tripling Sales In India To EUR 700 Million By 2028 Under Elevate 2028 Plan

Valeo

French tier 1 supplier Valeo has outlined its new financial trajectory, ‘Elevate 2028,’ focusing on financial strength and growth, with a specific emphasis on expanding market share in key geographies, including India.

The company sees India as a market undergoing a deep transformation, perfectly positioning Valeo to benefit from increasing demand for advanced features and the electrification of vehicles.

Valeo expects significant growth in its Indian market operations over the plan's duration. The company forecasts its sales in India will nearly triple from EUR 220 million in 2024 to approximately EUR 700 million in 2028.

Globally, the Elevate 2028 plan aims to steadily improve profit, generate higher cash, and return to sales growth. The plan is powered by three ‘engines’: steadily increasing profit from 2022, generating higher cash from 2025 and returning to sales growth from 2027.

Christophe Perillat, CEO, Valeo, said, “Since 2022, our Move Up plan has ensured that we are well positioned in terms of technology to succeed in the market and has laid the foundations for significant financial improvements, resulting in a steady improvement in Group profit and cash. As we embark on the next stage with our Elevate 2028 plan, we intend to capitalise on these achievements and to further improve our financial fundamentals. To do this, our plan will be powered by three engines. The first engine is a steady increase in profit. It started in 2022 and will carry on delivering. The second engine, generating higher levels of cash, has just been fired. 2025 represents a turning point in the evolution of our business model and confirms our ability to generate more cash. The third engine will be the return to growth. It will kick in in 2027, as our strong order book translates into sales."

Tsuyo Manufacturing To Build EV Powertrain Plant And Testing Track In Karnataka

Tsuyo Manufacturing

New Delhi-based EV powertrain startup Tsuyo Manufacturing has signed a Letter of Intent (LoI) with the Government of Karnataka to establish a new manufacturing plant and a large testing track for commercial vehicles in the state. The LoI was formalised at the Bengaluru Tech Summit 2025.

The new facility will focus on the design and production of heavy-duty EV powertrain systems for commercial and industrial applications. Key components to be developed and manufactured include: Electric Motors (across various topologies including IPMSM, ACIM, SRM, SynRM, and Axial Flux). E-Drives, E-Axles and Automatic Transmissions (AT), Integrated 2-in-1 and 3-in-1 Powertrain Solutions and Complete Powertrain Assemblies for heavy commercial EVs.

The facility will also include a dedicated Testing Track for the field testing and validation of buses, trucks, mining vehicles, and other heavy-duty EVs.

The plant's manufacturing capacity will range from 0.5 kW to 250 kW, with extended capability up to 600 kW through partnerships with CETL and LvKON.

The initiative is intended to strengthen India’s domestic manufacturing capabilities for high-performance EV powertrain systems, reducing reliance on imports. By producing motors, e-axles and integrated solutions, the facility will support the growth of India's commercial EV markets, including bus, truck and mining vehicles. The project is expected to create direct and indirect employment and boost industrial development in the state.

Vijay Kumar, Founder and CEO, Tsuyo Manufacturing, said, “This LoI marks a pivotal moment for Tsuyo and for the future of India’s EV ecosystem. Karnataka has always been at the forefront of innovation and advanced manufacturing, and we are proud to partner with the state to establish a facility that will redefine powertrain excellence for heavy commercial electric vehicles. With this investment, we aim to deliver world-class, reliable, and locally manufactured powertrain solutions that will power India’s transition to sustainable mobility.”

Priyank Kharge, Minister for Rural Development & Panchayat Raj, IT & Biotechnology, Government of Karnataka, said, “We are delighted that Tsuyo Manufacturing has decided to expand its Operations in Dharwad, Karnataka. Their decision reinforces our commitment to building a strong, local economy through LEAP (Local Economy Accelerator Program). This project will help building a sustainable ecosystem in the state and will attract more EV companies to come to our state - which is known for its Industry friendly policies and a dynamic EV ecosystem. This investment will not only create high-quality jobs in North Karnataka but also accelerate innovation and green mobility solutions for Karnataka and beyond.”