Sterling Tech Partners China’s GLVAC To Make EV Components In India, Targets INR 2.5 Billion Revenue By FY2030

Sterling Tools - Kunshan GLVAC Yuantong New Energy Technology

Sterling Tech-Mobility and Kunshan GLVAC Yuantong New Energy Technology (GLVAC YT) have entered into a partnership to manufacture advanced High Voltage Direct Current (HVDC) contactors and relays in India.

These components are said to play a crucial role in controlling the flow of current in electric and hybrid vehicles. They manage and control high-voltage electricity flow between the battery, motor controller or inverter, and other power electronic systems. These components provide safe switching and isolation in EV power circuits, ensuring efficient operation while protecting against electrical faults. In the event of accidents or short circuits, these help to prevent hazards such as fires or explosions.

Sterling Tech-Mobility is a subsidiary of Sterling Tools, a leading fastener manufacturer in India, while GLVAC YT is a subsidiary of China-based Kunshan GuoLi Electronic Technology (GLVAC).

The new partnership will see Sterling Tools invest INR 400 million to manufacture and assemble HVDC contactors and relays at a new facility in Bengaluru. The partnership

is expected to generate INR 2.5 billion in revenue by FY2030.

Anish Agarwal, Director, Sterling Tools, said, “As the electric and hybrid vehicle markets continue to expand, it is important that we integrate the highest safety measures in the electric and hybrid vehicles through advance technological systems. At Sterling Tools, we recognise these concerns and are dedicated to enhancing safety in the EV and HEVs segment. This association highlights our commitment to the safety of high voltage battery and power electronic systems and contribute to the Make in India initiative of the government of India. We will manufacture advanced HVDC contactors and relays at our new Bengaluru facility, making them more affordable and accessible for OEMs and Tier-1 companies.”

Li Qinghua, General Manager, GLVAC YT, said, "India is an important market for us, and through our association with Sterling Tools, we are poised to strengthen the EV and HEV sectors in India. As a key player in EV components, we recognise India's immense potential in the electric vehicle market. This partnership combines our technological expertise with Sterling's manufacturing excellence to deliver high-quality, critical EV components to the Indian market. We see this partnership as a significant step toward supporting the country’s electric mobility journey. Together, we aim to drive meaningful advancements in EV components landscape, contributing to a more sustainable future.”

Kuraray America Showcases GENESTAR PA9T At SAE Thermal Management Symposium

Kuraray America Showcases GENESTAR PA9T At SAE Thermal Management Symposium

Kuraray America, Inc. (KAI) recently took part in the SAE International Thermal Management Systems Symposium, held on 6–7 October 2026 in Dearborn, Michigan. The event gathered mobility-industry professionals to discuss technologies and emerging challenges in vehicle thermal management. Throughout the two-day symposium, the Kuraray GENESTAR team connected with attendees at Booth #19, sharing insights into high-performance engineering materials.

The team demonstrated how GENESTAR PA9T can meet demanding automotive application requirements. This heat-resistant polyamide engineering plastic was developed by Kuraray using unique monomers, combining low water absorption, high heat resistance, chemical resistance, dimensional precision and excellent moldability. It also offers electrical properties suitable for demanding electrical and electronic applications, including low water absorption, chemical resistance, moldability, insulation performance, thermal resistance and dimensional stability.

These characteristics make GENESTAR relevant for a broad range of electrical, electronic and automotive components. Kuraray lists automotive applications including connectors, relays, insulators and wire harnesses, while GENESTAR materials also serve in sliding, fuel and air-intake systems. The company reports use in automotive gears, bearings, piping and intercooler tanks, and the material is being considered for electric-vehicle applications as well.

The SAE symposium provided a forum for exchanging insights into evolving thermal management technologies. The 2026 programme covered battery and electronics cooling, climate control, alternative refrigerants and vehicle thermal engineering approaches. For Kuraray, participation enabled direct engagement with engineers and industry professionals about how high-performance materials can address increasingly complex automotive design requirements, with GENESTAR PA9T offering a material option where multiple performance demands must be met simultaneously.

Chamundi Die Cast

Highway Roop Precision Technologies, a Carlyle-backed manufacturer of precision torque and control components, has completed the acquisition of Chamundi Die Cast, which manufactures complex aluminium die-cast components for automotive and industrial applications.

The transaction adds integrated aluminium die-casting and machining capabilities to Highway Roop's existing forging and precision-machining operations across steering, transmission and powertrain systems.

The acquisition expands Highway Roop’s product portfolio into lightweight vehicle solutions and electric vehicle components, while establishing a manufacturing footprint in South India alongside Chamundi's existing customer base in India, North America and Europe.

At present, Chamundi exports 60 percent of its products to global markets, while domestic business accounts for 40 percent. Interestingly, 98 percent of its business comes from the automotive industry, while the remaining comes from non-automotive sector.

Mohit Oswal, Chairman, Highway Roop, said, “This acquisition is an important milestone in our journey to build Highway Roop into a scaled, diversified precision manufacturing platform anchored in mission-critical torque and control applications. Chamundi’s capabilities and customer relationships complement our existing strengths and strengthen our ability to serve customers across automotive and industrial applications. Together, we are building a stronger platform for the next phase of growth.”

Dharmesh Arora, Group CEO and Director, Highway Roop, said, “Chamundi meaningfully strengthens Highway Roop’s capabilities around our core focus on torque and control applications. Its integrated aluminum die-casting and precision-machining capabilities expand our ability to deliver complex, lightweight engineered solutions across vehicle technologies. Its South India manufacturing base also diversifies our footprint, brings us closer to key customers, and strengthens the resilience of our manufacturing network and supply chain. We are delighted to welcome the Chamundi team to Highway Roop and look forward to building a stronger platform together.”

Yasin Khan, Managing Director, Chamundi, said, “Over four decades, Chamundi has built a strong business anchored in engineering excellence, a committed workforce and long-standing customer relationships. We are pleased to partner with Highway Roop for the next phase of our journey and will continue to hold a stake in the combined entity. Highway Roop’s complementary capabilities and scale will enable us to build on this foundation, deepen our relationships with customers, and create new opportunities for our employees, as we grow together.”

Amit Jain, Partner and Head, Carlyle India Advisors, said, “This transaction reflects Carlyle’s continued commitment to building a scaled, differentiated precision manufacturing platform in India. Highway Roop has established itself as a trusted partner to global OEMs for mission-critical torque and control components, and Chamundi adds complementary capabilities that further strengthen its customer proposition. We remain focused on supporting Highway Roop as it scales its capabilities and builds towards becoming one of India’s leading precision manufacturing companies serving automotive and industrial customers globally.”

Following the completion of the acquisition, Chamundi's leadership will retain an equity stake in the combined entity as part of the integration into Highway Roop's global supply platform.

Stoneridge Appoints Uwe Brandenburg As Global VP Of Engineering & Innovation

Uwe Brandenburg

American component supplier Stoneridge has appointed Uwe Brandenburg as its Global Vice-President, Engineering and Innovation, effective 2 November 2026. Brandenburg will report to President and Chief Executive Officer Natalia Noblet and join the company’s executive management team.

In his new role, Brandenburg will oversee Stoneridge’s global engineering division, managing product development, technology innovation and product roadmaps across vision systems, safety technology, vehicle intelligence and connectivity platforms for commercial vehicles and off-highway equipment.

Natalia Noblet said, "Uwe is a recognised voice in automotive electronics and engineering leadership, with a proven track record of building world-class engineering teams and delivering breakthrough innovations in ADAS, autonomous driving and software-defined vehicles. His extensive experience bringing next-generation radar, camera, safety electronics and AI-powered platforms to market, combined with his strategic vision and commitment to operational excellence, make him an exceptional addition to our Executive Team. We are excited to leverage his expertise to accelerate Stoneridge’s technology roadmap and strengthen our competitive position in vehicle intelligence and safety.”

Brandenburg comes with over 25 years of experience in Tier 1 automotive electronics, software engineering and vehicle systems. Prior to joining Stoneridge, he served as Chief Technology Officer and Senior Vice-President for Automotive and Manufacturing at DXC Technology.

His previous positions include Global Head of Engineering and Chief Technology Officer for advanced driver assistance systems at Valeo, alongside engineering leadership roles at Continental, Autoliv and TRW Automotive focused on radar, camera and safety electronics systems.

Uwe Brandenburg said, “Stoneridge has a clear technology strategy, a highly talented engineering organisation, and a mission centred on improving safety, reducing emissions and increasing vehicle efficiency for our customers. When cutting-edge technology is paired with the right team and a purpose that truly matters, we have what it takes to create strong value for our customers. I look forward to building on this strong foundation and helping the team deliver the next generation of vision and safety solutions.”

Brandenburg holds a degree in Electrical and Telecommunications Engineering from the University of Applied Sciences Constance and currently serves on the board of directors of BlincVision.

HS HYOSUNG ADVANCED MATERIALS To Exhibit At CAMX 2026 In Atlanta

HS HYOSUNG ADVANCED MATERIALS To Exhibit At CAMX 2026 In Atlanta

HS HYOSUNG ADVANCED MATERIALS will participate in CAMX 2026, the Composites and Advanced Materials Expo, held in Atlanta from 22 to 24 September. As North America's largest exhibition for composite and advanced materials, it expects over 500 companies and roughly 7,000 visitors. The company has exhibited every year since the event's debut in 2014, strengthening its North American presence.

At this year's show, HS HYOSUNG ADVANCED MATERIALS will display 3K carbon fibre, 3K fabrics and composites for drones and high-pressure vessels for satellites. Carbon fibre applications are expanding across automotive wheels, hoods and brake discs, sports goods such as hockey sticks, pickleball rackets and surfboards, wire cores and increasingly aerospace, defence and drones.

TANSOME, independently developed in 2011 as Korea's first proprietary carbon fibre, weighs one-quarter as much as steel while offering ten times the strength and seven times the elasticity. Commercial production began in Jeonju in 2013, followed by a China base in 2024 and planned Vietnam operations in late 2026, ensuring a stable global supply chain.

International certifications validate the company's capabilities, including IATF 16949 in 2019 and AS9100 in 2021. In 2022, it developed H3065, a T-1000-grade ultra-high-strength carbon fibre, becoming only the third company worldwide after Japan and the United States to do so.

Jin-dal Lim, CEO, HS HYOSUNG ADVANCED MATERIALS, said, “CAMX 2026 is an important platform for sharing the latest technologies and market trends with leading companies and customers in the global composite materials industry and exploring new business opportunities. We will provide differentiated carbon fibre solutions for advanced industries, including aerospace and aviation, based on our high-performance carbon fibre technologies and stable supply capabilities.”