Technology company Continental today inaugurated its greenfield plant in Pune, India. The company said in a statement that the plant is for manufacturing surface solutions materials for the Indian automotive and two-wheeler market.  

With investments totalling about INR 2 billion covering facilities and machinery, Continental will produce premium surface materials for car interiors, including electric vehicles, as well as two-wheeler seats, catering primarily to the domestic market and exports, the release said. 

“Growing our business in the Asia-Pacific region is one of our main strategic pillars. Amongst others, India will play a major role to strive for our goal. That’s why we continue to invest into our Indian locations. Thus, we will remain close to our customers maximising value creation,” said Philip Nelles, Member of the Continental Executive Board and Head of Group Sector ContiTech, at the inauguration ceremony in Pune. 

Dr. Dirk Leiss, heading the business area Surface Solutions, said: “Premium vehicle interiors are increasingly becoming important for car users. Our surface material provides both, luxury and comfort, improving the overall driving experience.”  

The new location is Continental’s sixteenth surface solutions plant globally, producing surface materials like Acella Eco used by worldwide top car manufacturers and automotive brands. 

Dr. Leiss added: “Our surface solutions come with the guarantee of state-of-the-art quality and heritage of more than 300 years in the industry.” 

Prashanth Doreswamy, President and CEO, Continental India, said, “Continental has been growing steadily in the Indian market. We have now invested in Pune, a significant and long-established hub for the automotive industry, and we aim to be our customers’ first partner of choice for surface solutions. With this, we reaffirm our commitment to the local market, aligned to our ‘in the market, for the market’ philosophy.” 

The 149,000 square feet manufacturing facility, with an initial annual capacity of five million square meters of surface material can be scaled up to 10 million square meters.  

Landry Tchapda, head of the surface solutions plant management, said, “We are committed to our environment and are doing a lot to ensure that we are constantly reducing our carbon footprint. The new plant features best-in-class energy efficiency standards, sustainable production processes, an ergonomic work environment, 100 percent sewage and wastewater treatment as well, exhaust air treatment of all processes, and use of energy from renewable source.” 

Tchapda added, “With skilled workforce and cutting-edge technology at our disposal, our production is world-class, to cater to the requirements of our customers. In addition to production, storage, logistics, purchasing, and sales, we have also scheduled resources and capacities for laboratories, design and product development. India is a promising market to grow. So, we expand our operations at a rapid pace. Our innovative surface solutions are available for a variety of car interior and two-wheeler applications and we strive to be making us the market leader in near future.” 

The plant will primarily manufacture Acella Eco and Acella Lux material, which add aesthetic value to vehicle interiors. Eco-friendly foam foil Yorn and Yorn Light will also be produced in the near future. (MT)

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Recyclekaro, an e-waste and lithium-ion battery recycling firm, has been cleared for eligibility under the Incentive Scheme for Promotion of Critical Mineral Recycling. The scheme is administered by the Ministry of Mines under the National Critical Minerals Mission.

The company has committed an investment of approximately INR 3 billion to expand its operations. This brownfield expansion aims to increase total processing capacity to 50,000 metric tonnes.

Its targeted waste streams for mineral recovery include spent lithium-ion batteries, electronic circuit e-waste, rare earth magnets and spent catalytic converters.

The project is designed to increase the domestic recovery of lithium and rare earth elements, reducing reliance on mineral imports for the electric mobility and renewable energy sectors.

Recyclekaro plans to invest over INR 5 billion over the next five years into a research and development facility. This centre will focus on technologies for the recovery of rare earth and critical minerals. The objective of the expansion is to align with national resource security and circular economy targets.

Rajesh Gupta, Founder and Managing Director, Recyclekaro, said, “We are proud to have secured eligibility under the Government of India’s Critical Mineral Recycling Incentive Scheme and sincerely commend the Ministry of Mines for instituting a visionary and robust framework under the National Critical Minerals Mission. This marks a decisive step toward strengthening India’s energy security that relies on securing critical minerals domestically. This will support India’s net zero goals. Over the past 15 years, we have built world-class in-house technologies, conducted thousands of pilot-scale experiments, and are now investing over INR 5 billion next 5 years in our newly developed R&D facility. It is going to be amongst the biggest privately owned facilities in India dedicated to rare earth and critical mineral recovery. At Recyclekaro, we remain deeply committed to this national movement and invite researchers, innovators, and technology partners to collaborate in accelerating India’s clean energy and circular economy transition.”

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Kochi-headquartered deep-tech company RoshAi has raised INR 220 million in funding, which was led by IAN Alpha Fund, part of the IAN Group.

The capital is designated for product development, expansion of deployments and scaling operations across international industrial markets.

RoshAi develops autonomy solutions that can be retrofitted to existing heavy vehicles in sectors such as ports, mining and logistics. This approach allows operators to implement driverless operations without the requirement for new fleet investments.

The technology stack comprises three primary components:

Retrofit Hardware: Physical kits to enable autonomous control of conventional vehicles.

In-Vehicle Autonomy System: AI-powered software and sensors for navigation and obstacle detection.

Cloud-Based Fleet Management: A platform for remote monitoring and operational coordination.

The company reports that its systems have completed over 100,000 km of testing with no safety incidents.

The global industrial autonomous vehicle market is projected to reach USD 162.8 billion by 2030, up from USD 47.6 billion in 2024. RoshAi aims to capture this growth by targeting the United States, Australia and Southeast Asia. It currently collaborates with Tier 1 original equipment manufacturers (OEMs) and industrial operators on pilot projects.

Sarika Saxena, Managing Partner, IAN Alpha Fund, said, “RoshAi is solving industrial autonomy through a retrofit-first approach, enabling operators to upgrade existing fleets rather than invest in new infrastructure. With strong early validation, repeat customer engagement, and a scalable autonomy platform, the company is well-positioned to build a globally relevant deep-tech business from India.”

Roshy John, Founder & CEO, RoshAi, added, “Our focus is to make industrial operations safer and more efficient by enabling existing fleets to operate autonomously. This investment allows us to accelerate product development, scale deployments across global markets, and continue building a robust autonomy platform for industrial use cases. We are glad to have IAN’s support as we move into this next phase.”

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Yuma Energy, a battery-as-a-service (BaaS) and infrastructure provider, has partnered with Quantum Energy, an Indian electric two-wheeler manufacturer. The collaboration enables battery swapping compatibility for the Quantum Bziness, an electric scooter designed for commercial and last-mile mobility applications.

The partnership aims to address vehicle downtime by integrating Quantum’s vehicle engineering with Yuma’s energy network. Yuma Energy reports a network uptime of 99.9 percent, allowing users to exchange depleted batteries for charged units.

The collaboration will focus on fleet operators, businesses and independent commercial riders. The aim is to maximise vehicle uptime by removing the requirement for stationary charging.

The collaboration is intended to lower operational costs and environmental impact for commercial EV users. By providing a scalable energy infrastructure, the companies seek to remove barriers to adoption in the high-utilisation transport segment.

Muthu Subramanian, MD & GM, Yuma Energy, said, "Electric mobility must work for the people who depend on their vehicles every day. Our partnership with Quantum Energy ensures that riders using the Quantum Bziness can operate without interruptions. By making battery swapping as fast and simple as refuelling, we are enabling productivity, improving earnings potential, and accelerating India’s transition to sustainable mobility."

Chakravarthi C, Managing Director, Quantum Energy, added, "At Quantum Energy, we design and manufacture vehicles that solve real mobility challenges. Integrating Yuma’s battery swapping solution with the Quantum Bziness enhances convenience and operational efficiency for commercial users, reinforcing our commitment to delivering practical and scalable EV solutions."

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The BMW Group has entered into a cooperation with Croatia’s Rimac Technology to equip the new all‑electric BMW i7 with advanced battery systems. This collaboration focuses on integrating BMW’s in‑house developed Gen6 technology into the flagship electric sedan, aiming to deliver superior range and faster charging capabilities.

At the heart of this project is the Gen6 lithium‑ion cylindrical cell, specifically the 4695 format, which offers a 20 percent higher volumetric energy density than the prismatic cells used in the previous Gen5 system. By combining the Gen6 cell technology with the established Gen5 module design, the high‑voltage battery enables a significantly increased driving range for the BMW i7. Additionally, the new setup boosts charging capacity and cuts charging time, greatly benefiting customers. The world premiere of this model is scheduled for 22 April at Auto China 2026 in Beijing.

Rimac Technology, a Tier 1 supplier within the Rimac Group, produces these high‑voltage batteries using state‑of‑the‑art equipment at its Croatian facility. The batteries are then delivered ready for assembly to the BMW Group Plant Dingolfing, the sole production site for the BMW 7 Series. Known for its in‑house development of battery systems, e‑axles, electronics and software, Rimac offers highly customisable electrification solutions. This long‑term partnership with BMW marks Rimac’s evolution from a niche supercar supplier to a Tier 1 provider for high‑volume vehicle projects.

Dr Thomas Engelhardt, Senior VP Development High-Voltage Storage and Charging, BMW Group, said, "We are quickly rolling out the technologies of the Neue Klasse across our entire model portfolio – including, of course, in our all-electric luxury sedan. The teams of both companies have developed a tailor-made solution for the new BMW i7. The excellent collaboration with Rimac Technology is a good example of European innovative strength."

Mate Rimac, Founder and President, Rimac Group, CEO and CTO Bugatti Rimac, said, “BMW has always been known for pushing engineering to the highest level, which made this collaboration especially exciting for us. Together, we developed a high-voltage battery system that unlocks the full potential of the new cylindrical cells in record time, delivering significant improvements in energy, range and charging performance. We are proud to now see this system being produced at scale at our new Rimac Campus.”

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