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Belgium’s Magnax Gets EUR 35.5 Million Funding From Pan-International And Foxconn
April 07, 2026
Founded in 2015, Magnax develops yokeless axial flux electric motors for sectors including robotics, aerospace and electric vehicles. It also operates Traxial, a subsidiary focused on e-mobility.
MT Bureau
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drivebuddyAI Secures Patent For Real-Time Road Quality Assessment System
April 06, 2026
The patented technology aims to provide a road quality intelligence layer for navigation, moving beyond standard metrics of distance and traffic. For fleet operators, poor road surfaces affect Turnaround Time (TAT) by increasing braking frequency, vehicle
MT Bureau
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Marquardt, E Ink & Covestro Develop Integrated Display Technology For Automotive Interiors
April 04, 2026
The project aimed to maintain the tactile properties of polyurethane (PU)-coated textiles while enabling a color-changing display to remain invisible until activated. This supports industry trends toward backlit surfaces and integrated control elements.
MT Bureau
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Yazaki Innovations Appoints Manish Mehta As New CEO And President
April 04, 2026
The subsidiary is tasked with developing technologies across several industrial and transport segments. Its remit includes the engineering and development of solutions for the following areas:
Nilesh Wadhwa
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Tsuyo Appoints Naveen Kumar Amar As Senior Vice President Of Finance
April 02, 2026
TSUYO Manufacturing Pvt Ltd has appointed Naveen Kumar Amar as Senior Vice President of Finance, effective 1 April 2026. Recognised as a global finance power leader, Amar brings over 20 years of expertise in financial strategy, corporate governance and op
MT Bureau
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Audi Introduces Electromechanical Torque Vectoring In New RS 5
April 02, 2026
The system enables torque shifts between the rear wheels regardless of the power applied. Unlike mechanical equivalents, it operates during throttle application, off-throttle states and under braking.
MT Bureau
