British Battery Tech Company EQONIC Group Strengthens Senior Leadership With New Appointments
- By MT Bureau
- February 12, 2026
EQONIC Group, a UK-based battery technology company, has announced two senior leadership appointments to support the commercialisation of its lithium-free, sodium-free and rare-earth-free battery technology.
John Saunders joins as Executive Director, bringing 30 years of experience in banking, regulation and law. He has held senior roles at Coutts, Barclays, UBS and Deutsche Bank. On the other hand, Angela Knight CBE joins as Non-Executive Director, having previously served as Chief Executive of the British Bankers' Association and Energy UK, with board experience at Taylor Wimpey and Arbuthnot Banking Group.
EQONIC is developing proprietary technology that eliminates the use of lithium, sodium, and rare-earth metals. The company claims that its technology achieves materials cost savings of approximately 70 percent compared to traditional lithium batteries.
The technology utilises abundant materials that are non-flammable, which reduces the risk of thermal runaway. This approach is intended to address supply chain vulnerabilities and ensure the batteries are fully recyclable.
The company plans to license its technology to Original Equipment Manufacturers (OEMs) to enable global deployment while reducing capital risk. EQONIC’s roadmap aims for its technology to surpass sodium battery performance by 2026 and reach Nickel Manganese Cobalt (NMC) levels by 2029.
Currently, EQONIC operates a commercial division serving D2B and B2B clients with lithium iron phosphate (LFP) energy storage systems. The company has secured a multi-million-pound pipeline across multiple sectors.
John Saunders, Executive Director, EQONIC Group, said, "EQONIC's breakthrough technology represents a genuine paradigm shift in the battery sector. The combination of cost reduction, enhanced safety, and sustainable materials addresses the fundamental barriers that have constrained the industry. I'm excited to bring my experience to support the company's growth trajectory as we move toward demonstrating market-ready products and securing strategic partnerships."
Angela Knight CBE, Non-Executive Director, EQONIC Group, said, "EQONIC exemplifies the kind of innovative British technology that can lead global markets. The company's approach - developing transformative technology first, then building robust commercial frameworks around it, is hugely compelling. Strong governance will be critical as EQONIC scales its business model and establishes partnerships with established OEM’s. I look forward to contributing to the board's strategic oversight during this pivotal phase."
Jas Kandola, Founder and CEO, EQONIC Group, stated, "John and Angela bring exactly the calibre of leadership we need at this critical juncture. John's regulatory expertise and commercial acumen will be invaluable as we navigate partnerships and licensing arrangements, while Angela's governance experience across complex, regulated industries will strengthen our board oversight. These appointments reflect our commitment to building a world-class organisation capable of delivering on the enormous potential of our technology."
- United Kingdom
- Simon Lightwood
- Sarfraz Maredia
- Uber
- Transport for London
- Ben Loewenstein
- Waymo
- Sarah Gates
- Wayve
- Mike Hawes
- SMMT
UK Launches Pilot Scheme For Autonomous Taxi And Bus Services
- By MT Bureau
- May 24, 2026
The UK government has opened applications for operators to run self-driving cars, allowing citizens to book autonomous taxi and bus-style services across Great Britain later this year.
The pilot scheme will allow technology firms to deploy autonomous vehicles on public roads to gather real-world performance evidence. These services will be subject to safety assessments and rigorous regulatory approval checks by the government, including verification of protections against cyber and security threats. Local transport authorities, such as Transport for London, must also provide local consent to ensure operations align with regional infrastructure priorities.
Learnings collected from these commercial pilots will guide the development of permanent self-driving vehicle regulations. This regulatory framework follows a formal government call for evidence that concluded in March. Data shows that human error currently contributes to 88 percent of collisions on UK roads, and the implementation of automated systems aims to improve overall road safety. Industry projections estimate that the British automated passenger services market could be worth up to GBP 3.7 billion annually by 2040.
Simon Lightwood, Roads and Buses Minister, said, “Self-driving vehicles represent a transformative opportunity for Britain, opening up independent travel for disabled people and older adults, while driving growth and creating high-skilled jobs across the UK. This pilot scheme brings that future closer, giving passengers the opportunity to experience self-driving travel first-hand while ensuring safety always comes first.”
Sarfraz Maredia, Global Head of Autonomous Mobility and Delivery, Uber, stated, “This is an exciting and important step toward launching autonomous vehicles in the UK. London has long been a pioneering city for Uber, where we’ve launched some of our biggest innovations and we can’t wait to give people in the capital the chance to experience autonomous rides this year.”
Ben Loewenstein, Head of Policy and Government Affairs for the UK and Europe, Waymo, added, “The UK is leading the way in enabling the safe deployment of pilot autonomous vehicle services. We hope to soon become part of London’s transport network and demonstrate the safety, accessibility and sustainability benefits of battery-electric autonomous vehicles through the government’s pilot scheme. We are working closely with the Department for Transport and Transport for London to ensure our operations align with their goals.”
Sarah Gates, VP of Global Affairs and Assurance, Wayve, noted, “The UK has all the ingredients to become a global leader in the deployment of self-driving vehicles and today’s launch of the automated passenger services scheme marks an important milestone. Wayve has been developing its technology in the UK for nearly a decade and we’re excited to bring our supervised passenger service to market here this year.”
Mike Hawes, Chief Executive, SMMT, commented, “Today is a significant milestone in the safe and responsible rollout of automated vehicles on British roads. For the first time, legislation will allow operators to offer passenger-carrying commercial services – such as robotaxis – to the general public. Government’s decision to bring forward this legislation has positioned Britain as a leading European market for automated vehicles and a frontrunner in physical AI investment, development and deployment.”
Hesai Secures Million-Unit LiDAR Order From European Automaker Joint Venture
- By MT Bureau
- May 24, 2026
Chinese technology company Hesai Group has secured a new design win from a top-tier European automotive manufacturer for its advanced driver-assistance systems (ADAS) solution.
The multi-year contract exceeds one million units and will cover more than 10 vehicle models across the manufacturer's joint venture brands in China.
The agreement follows Hesai's recently announced Level 3 autonomous driving program partnership with Mercedes-Benz, highlighting the company's full-stack in-house application-specific integrated circuit (ASIC) development and volume manufacturing capabilities.
The contract will be fulfilled using the Hesai ATX, a compact, long-range LiDAR sensor configured specifically for L2 ADAS architectures.
Since entering mass production in 2025, the ATX platform has logged over one million deliveries. The company reports a current order backlog exceeding six million units for the ATX platform. The sensor utilises proprietary addressable photon isolation technology to improve hazard detection timelines and vehicle active safety functions.
Hesai said it continues to expand its market share within the automotive sensor supply chain with secured design wins from around 40 automakers, spread over more than 160 vehicle models, to date.
The company said, according to data from the Yole Group, Hesai ranked first globally in long-range ADAS LiDAR shipments for the 2025 period, commanding a 43 percent share of the global market.
Horse Powertrain Launches V20 Engine Via Aurobay Technologies
- By MT Bureau
- May 21, 2026
Horse Powertrain, a leading supplier of powertrain solutions, has launched the V20 engine through its Aurobay Technologies division with production already underway at its Skovde, Sweden, manufacturing facility.
The V20 engine aims to assist automakers in meeting emission regulations for 2026 and 2027 with units destined for customers in Europe, the US and Asia. The 2.0-litre, 4-cylinder engine features a single architecture offered in two variants: a 400-volt plug-in hybrid and a 48-volt mild hybrid. The plug-in version provides a reduction in fuel consumption of seven per cent compared to the predecessor.
The platform design intends to reduce material costs. Hardware for the plug-in variant includes a crankshaft-mounted starter-generator, a mechanical water pump, and a re-routed cooling system. Additional updates include a multi-injection fuel system, an engine management system, and an air induction system.
Ingo Scholten, Managing Director, Aurobay Technologies Sweden and Deputy CTO of Horse Powertrain, said, “Designing one engine to meet three different regulatory regimes is harder than designing three separate engines. As the regulatory map is fragmenting, one engine that meets all three sets of rules delivers greater value to our customers, ensuring we can offer greater economies of scale. Pulling that off requires serious engineering. Further, the Skovde team also successfully changed production lines while keeping current production running.”
The Skovde plant integrated a final assembly line with the base assembly line to improve material flow. This transition occurred during ongoing operations. Output is scheduled to increase through 2026 and 2027 to meet demand.
AEye And MoveAWheeL Ink MoU For Automotive Sensing Collaboration
- By MT Bureau
- May 21, 2026
AEye, Inc. and MoveAWheeL have signed a Memorandum of Understanding to explore the integration of their sensing technologies for use in Advanced Driver Assistance Systems (ADAS) and autonomous driving applications.
The partnership aims to combine AEye’s lidar perception with MoveAWheeL’s road-surface sensing to assist vehicles in interpreting surroundings and road conditions.
The collaboration will evaluate the pairing of AEye’s Apollo LiDAR sensor with MoveAWheeL’s friction-coefficient prediction technology. Apollo is a 1550-nanometer LiDAR sensor capable of detecting objects at distances of up to one kilometre. MoveAWheeL’s sensor uses acoustic sensing to estimate the friction of road surfaces, providing data to inform decisions regarding acceleration, braking and stability control.
Matt Fisch, Chairman and CEO of AEye, said, “Physical AI depends on giving machines the ability to accurately perceive and understand the real world. Apollo was designed to deliver long-range, real-time 3D perception that helps systems see farther and react earlier in complex environments. By exploring the integration of Apollo with MoveAWheeL’s road-surface intelligence, we have the opportunity to create an even deeper understanding of the driving environment, particularly in the adverse conditions where advanced safety systems are needed most.”
Dr. Min-Hyun Kim, Founder and CEO, MoveAWheeL, said, “While LiDAR provides the ‘eyes’ for a vehicle to see obstacles, MoveAWheeL provides the ‘tactile sense’ to feel the road. By integrating our Physical AI with AEye’s long-range perception, we are creating a complete safety stack that remains robust even in the most treacherous weather conditions.”

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