61st SIAM Annual Convention
- By Bhushan Mhapralkar
- October 08, 2021
Announcing that Prime Minister Modi’s message was motivating for the Indian auto industry to work together towards new age technology, world class manufacturing, and next generation infrastructure, Kenichi Ayukawa, President, SIAM and MD & CEO, Maruti Suzuki, in his address during the opening session, said that there was a need to achieve sustainable and productive growth with quality and safety, and protect our environment, resources and raw materials. Stressing on the need for focused efforts, Ayukawa mentioned that SIAM and ACMA have together worked out a localisation roadmap with a target of about 15 to 20 percent further localisation in the next 2 to 5 years. Revealing that SIAM has prepared an approach paper for long term regulation roadmap that takes care of all aspects and gives clarity on future investments, Ayukawa San said that the auto industry is working on new powertrain technologies. He appreciated the government’s announcement of the scrappage policy and PLI scheme.

Amitabh Kant.
Recognising the contribution of the Indian automobile industry to the Indian economy, Dr Mahendra Nath Pandey, Union Minister of Heavy Industries, Government of India, said that his ministry is working consistently for the growth of the automotive sector. Acknowledging the rise in localisation supported by the PLI initiatives of government, Dr Pandey said that these efforts would make the industry more robust. He stressed on the need to develop EV charging infrastructure as well as manufacture quality products that would help the Indian automobile industry to be regarded as the best in the world. T V Narendran, President, CII and MD, Tata Steel Ltd, in his address, mentioned the need for the right policy support to make India a five-trillion-dollar economy by 2025-26. It is important that the Indian manufacturing sector is strong. He called on the auto industry to focus on six key areas – electric vehicles, circularity, urbanisation, resilient supply chain and an ability to reap in functionality and embed sustainability, going forward.

R C Bhargava.
In his speech, Amitabh Kant, CEO, NITI Aayog, said that the future direction of the auto industry is in the area of shared, connected and electric mobility. He opined that there are four prominent growth drivers that the industry should focus on. These include the expansion of investment in R&D, more focus on innovation in small format mobility segment, establishment of massive charging infrastructure across the country and provision of export impetus to the industry. Kant said that EV should be an integral part in every OEM’s plans. Road Transport Minister Nitin Gadkari spoke about the government’s aim to increase the contribution of the automotive sector towards the nation’s GDP. Currently, the sector contributes roughly 7.1 percent towards the GDP, he said. Revealing that the government would like to see the contribution rise to 12 percent, the union minister stated that it would amount to a huge step towards making India a five-trillion-dollar economy. Expressing gratitude to the dignitaries for their presence, Vipin Sondhi, Vice President, SIAM and MD, Ashok Leyland Ltd, drew attention towards the effect of Covid-19 on sales.

Appreciating the efforts of the Ministry of Heavy Industries to create world-class testing and R&D infrastructure in all the auto hubs of the country, he spoke about how the auto industry will take advantage of localisation, PLI scheme and EV charging infrastructure. These efforts, he added, will contribute to the government’s initiative of ‘Make in India’. In a session focusing on the outlook of the Indian auto industry and its role in the economic growth, Venu Srinivasan, Chairman and Managing Director, TVS Motor Company, and R C Bhargava, Chairman, Maruti Suzuki India Ltd., drew attention to the new policies introduced over the past few years. The duo stressed on the high taxation structure on automobiles and the mandatory insurance costs. These, they said, have hugely bumped up the pricing to make vehicles expensive. Srinivasan touched on two-wheelers being taxed at 28 percent despite being the most basic means of transport. This, he added, is almost equal to cars which are a luxury item. Opining that the prices of vehicles have risen over the past few years with the switch to BS IV and subsequently to BS VI, and the change in safety norms, R C Bhargava mentioned that mounting challenges have had an effect on the sales.

Venu Srinivasan.
Revenue Secretary Tarun Bajaj said that the government is open to discussing a change in Goods and Services Tax (GST) rates on automobiles. Seeking to know from the auto industry whether it is the GST rate on cars that is preventing the sector from growing, Bajaj questioned the reason behind SUV sales going up and not that of the cars in economic terms. Stating that the tax rates were higher in some states before GST came into force, he suggested the auto industry to examine in detail the reasons behind the dip in sales. Covid-19 and other factors could be at play, he reasoned. Bajaj called on the industry to keep pace with the changing technology.

Kenichi Ayukawa.
Sterling Tools, China’s Nanjing Haohang To Localise 2W Safety Tech In India
- By MT Bureau
- April 27, 2026
Sterling Tools has entered a technology collaboration with China-based Nanjing Haohang to manufacture Advanced Rider Assistance Systems (ARAS) for the Indian two-wheeler market.
The agreement establishes a framework for Sterling Tools to lead local engineering, manufacturing and sales of ARAS in India. These systems utilise sensors and software to provide real-time alerts, functioning similarly to ADAS in passenger cars but adapted for the specific dynamics of two-wheelers. The partnership aims to address safety gaps in India, where two-wheeler accidents represent a significant portion of road fatalities.
The collaboration has already resulted in the testing and validation of several features on Indian roads. These include Front and Rear Collision Warning, Blind Spot Detection, Lane Change Warning, and Wrong-Side Alert.
Sterling Tools plans to offer these production-ready systems to original equipment manufacturers (OEMs) to support the adoption of intelligent mobility and safety-driven regulations.
Anish Agarwal, Director, Sterling Tools, said, “We are moving toward an era of intelligent mobility. This partnership with Haohang, tailored for the Indian market, equip two-wheeler OEMs with advanced rider assistance technologies that address a critical safety gap. Two-wheeler accidents account for a significant share of road fatalities in India and our collaboration aims to foster a safer environment for the 2W industry and its manufacturers.”
Nanjing Haohang will provide the global technology platform, while Sterling Tools will manage system adaptation for local road conditions. This expansion follows Sterling Tools’ recent investments in EV power electronics and rare-earth-magnet-free motor solutions.
LI Zhipan, General Manager, Nanjing Haohang, added, “India represents one of the most important markets for advanced rider assistance technology, given the scale and safety challenges of its two-wheeler segment. Our collaboration with Sterling Tools allows us to localise our solutions for Indian road conditions and bring validated, life-saving technology to automakers and riders across the country.”
- Pony.ai
- Auto China 2026
- Gen-7 Robotaxi
- Tesla Model 3
- Gen-7 bZ4X Robotaxi
- CATL
- L4 Truck
- Dr. Tiancheng Lou
- Dr. James Peng
Pony.ai Announces Mass-Market Robotaxi At $33,000, L4 E-Trucks Too At Auto China 2026
- By MT Bureau
- April 27, 2026
Pony.ai, a technology company, has announced a significant cost breakthrough in its autonomous vehicle roadmap at Auto China 2026.
The company expects the total cost of its 2027 Gen-7 Robotaxi – including the vehicle and the autonomous driving kit – to fall below RMB 230,000 (USD 33,000 / INR 2.74 million).
This price point is notably lower than the current starting price of a Tesla Model 3 in China, which it said signals a shift from experimental technology to economically viable infrastructure.
The company has transitioned from testing to scaling, citing a 70 percent reduction in bill-of-materials costs for its latest hardware. Key updates include:
- Fleet Expansion: Pony.ai's fleet has grown from 270 to over 1,400 vehicles, with a target of 3,000 units across 20 global cities by end-2026.
- Economic Breakeven: The company has achieved unit-economics breakeven in two major Southern Chinese economic hubs.
- Toyota Collaboration: The Gen-7 bZ4X Robotaxi has received on-road testing permits in Guangzhou, with plans to deploy 1,000 units in tier-one cities this year.
World’s First L4 autonomous light-duty truck
Furthermore, Pony.ai also expanded into urban logistics by unveiling an L4 electric light-duty truck developed in partnership with CATL.
Built on CATL’s Kunshi chassis, the e-truck features 100 percent automotive-grade redundancy across all critical systems (steering, braking and sensors). It is designed to reduce freight costs by 40 percent to 50 percent compared to human-driven transport. It features 18 cubic metres of cargo capacity and a range of 320–450 km, intended for supermarket restocking and cold-chain delivery.
Dr. Tiancheng Lou, CTO, Pony.ai, introduced PonyWorld 2.0, an upgraded proprietary world model. Unlike standard simulation tools, this system uses reinforcement learning to:
It can identify specific scenarios where the ‘Virtual Driver’ underperforms. It’s targeted learning approach guides data collection to improve model training efficiency. The technology enforces ‘fail-operational’ capabilities, ensuring the vehicle can safely pull over even during hardware failures.
Dr. James Peng, Founder and CEO, Pony.ai, said, “Today, the question is no longer whether Robotaxi can work. The focus is how to scale it safely, efficiently and at the right cost.”
With the launch of these new platforms, Pony.ai is leveraging a shared technology stack across both passenger mobility and urban logistics, creating economies of scale that allow for rapid deployment in both Chinese and overseas markets.
- JSW Motors
- Tata Elxsi
- JSW NextGen Techology Center
- JNEXT
- Connected Vehicle
- TETHER Auto
- Ranjan Nayak
- Manoj Raghavan
JSW Motors And Tata Elxsi Partner To Launch JNEXT Technology Center In Pune
- By MT Bureau
- April 24, 2026
JSW Motors, the new-energy vehicle arm of the JSW Group, and Tata Elxsi have entered a strategic alliance to establish JNEXT – the JSW NextGen Technology Center in Pune. This engineering hub is designed to support the development of software-defined, AI-powered mobility solutions as JSW Motors prepares its upcoming vehicle programmes for the Indian market.
Under the terms of the Memorandum of Understanding (MoU), Tata Elxsi will lead the end-to-end implementation of the Connected Vehicle Platform and a unified customer experience app.
This partnership covers the entire vehicle lifecycle, from conceptualisation and cloud integration to production and aftersales support. The collaboration is a key component of JSW Motors’ strategy to build a localised, technology-led ecosystem for electric and connected vehicles.
The JNEXT Center will leverage Tata Elxsi’s proprietary platforms, such as TETHER Auto, to deliver several advanced capabilities:
- Digital & Data Solutions: User experience (UX) design, cloud platforms, and over-the-air (OTA) update frameworks.
- Intelligent Systems: AI/ML analytics, 5G-enabled technology, digital twins, and cybersecurity.
- Immersive Tech: Location-based services and AR/VR/XR integration to enhance the customer ownership experience.
- Architecture: Software-defined vehicle architectures, predictive maintenance diagnostics and functional safety frameworks aligned with global standards.
Ranjan Nayak, CEO, JSW Motors, said, “Tata Elxsi's proven expertise across software-defined vehicles, ADAS, electrification, and digital engineering will help us accelerate development timelines and raise the bar on quality, safety, and innovation. This partnership is a step forward in our commitment to indigenisation, delivering world-class vehicles for Indian customers.”
Manoj Raghavan, MD & CEO, Tata Elxsi, added, “The future of mobility will be increasingly connected and software-defined, where vehicles continuously evolve through software, data, and intelligent systems. The JNEXT – JSW NextGen Technology Center will be instrumental in translating this into real-world mobility solutions across vehicle programmes.”
The establishment of this hub in Pune positions both companies at the forefront of India's shift toward intelligent, new-energy mobility, combining JSW's industrial manufacturing scale with Tata Elxsi’s software and design engineering expertise.
Schaeffler, VinDynamics Partner To Develop Humanoid Robot Gearboxes
- By MT Bureau
- April 24, 2026
Schaeffler and VinDynamics, a subsidiary of the Vietnamese conglomerate Vingroup, have entered a strategic partnership to develop and supply planetary gearboxes for humanoid robotics.
This agreement marks Schaeffler’s first collaboration with a humanoid robot manufacturer in the Asia/Pacific region, expanding a global network that already includes partners in Europe, China and the US.
The collaboration focuses on planetary gearboxes, which are components of the actuators that serve as the joints and muscles for humanoid robots. These gearboxes provide the torque density and efficiency required for robots to perform movements. Beyond hardware supply, the two organisations will gather data on robot performance and application. This data will be utilised to refine actuator design and develop services such as condition monitoring and predictive maintenance.
Maximilian Fiedler, Regional CEO – Asia/Pacific, Schaeffler AG, said, "VinDynamics is an inspiring technology partner with a clear and ambitious vision for humanoid robotics. Our collaboration underscores Schaeffler's commitment to working alongside pioneering innovators to advance the next generation of motion technologies. By integrating Schaeffler's decades of expertise in actuator and drive technologies with VinDynamics' capabilities in developing next-generation robotic systems, we are confident that this partnership will deliver significant technological advancements."
La Manh Hung, President, VinDynamics, added, "This partnership represents not only a convergence of technological capabilities but also a strategic alignment of vision, as both organisations are committed to shaping the future of humanoid robotics. We believe that by combining our respective strengths, this collaboration will unlock transformative opportunities and accelerate the transition of humanoid robots from research environments to impactful real-world applications across both industrial and everyday settings."
Schaeffler is applying technology from its existing product families to the robotics sector. The planetary gearboxes are engineered for a compact footprint while enabling the precise and energy-efficient movement necessary for robot joints to function in real-world environments.

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