Hinduja Tech Finalises TECOSIM Group Acquisition
- By MT Bureau
- November 30, 2024

Hinduja Tech Limited, a global engineering and R&D technology company and a subsidiary of Ashok Leyland, has officially announced that it has completed the acquisition of TECOSIM Group, a major European engineering services supplier. The acquisition underscores Hinduja Tech’s commitment to enhancing its global automotive engineering market leadership and falls in line with its vision to be among the top 10 global mobility engineering and R&D companies.
With a strong presence in Europe and a staff of over 650 workers scattered across the United Kingdom, Germany, Romania, Japan and India, TECOSIM will bring a wealth of knowledge and expertise. The Hinduja Tech Group will provide a full spectrum of services, ranging from advanced technological innovation to leading systems integration, by combining TECOSIM's extensive knowledge and Hinduja Tech's solid track record. This collaboration will allow Hinduja Tech to provide a greater range of solutions, adapting to the ever-changing demands of the global mobility business and ensuring that clients have access to more comprehensive and competitive services through its unique global delivery model.
Kumar Prabhas, CEO, Hinduja Tech Limited, said, "We are delighted to have TECOSIM Group join the Hinduja Tech family. This reinforces our unwavering commitment to innovation and growth. TECOSIM Group’s virtual validation and body engineering expertise perfectly complements our existing capabilities, allowing us to offer a comprehensive range of solutions. Together, we will drive the future of automotive engineering and shape the contours of the global mobility landscape."
Udo Jankowski, Managing Director, TECOSIM Group, said, "Joining forces with Hinduja Tech is a game-changer for TECOSIM. Their global reach and industry expertise, coupled with our technical strengths, create a winning combination. We are excited to embark on this journey, delivering exceptional value to our clients and driving technological advancements in the global mobility value chain.”
Simple Energy Manufactures Heavy Rare Earth-Free Motors In India
- By MT Bureau
- September 16, 2025

Bengaluru-based electric two-wheeler maker Simple Energy has announced that it has achieved a significant breakthrough in its indigenous technology, by becoming the country's first original equipment manufacturer (OEM) to commercially manufacture heavy rare-earth-free motors.
This achievement, the company claims, was made possible by the company's strong in-house R&D capabilities and its state-of-the-art, 200,000 sqft manufacturing facility in Hosur, Tamil Nadu.
This new motor technology delivers the same high performance and torque as conventional motors but without the use of heavy rare earth elements. It represents a paradigm shift for the industry, especially as global EV players face increasing scrutiny over their reliance on critical raw materials.
Simple Energy stated that for years, heavy rare-earth magnets have been the standard for EV motors due to their high torque density and compact size. In response to global material restrictions, Simple Energy's in-house R&D team developed a patented motor architecture. The team explored and tested alternative compounds to achieve performance on par with heavy rare-earth-based systems. This innovation is combined with proprietary in-house algorithms that precisely control heat, magnetic fields and torque delivery.
Unlike most EV companies that rely on external suppliers, Simple Energy designs and manufactures its own motors, giving it complete control over the entire process. This approach has drastically reduced R&D time, allowing the company to bring these new motors to market at an unmatched pace.
Suhas Rajkumar, CEO and Co-founder, Simple Energy, said, “Global supply chain disruptions and material dependencies have made one thing clear: the future of electric mobility must be built on self-reliance. Deep localisation and a ‘Make in India’ approach are no longer aspirations – they’re imperatives. This patented, in-house technology replaces heavy rare earth magnets with optimised compounds and is powered by proprietary algorithms that manage heat and torque in real time. Already in production, it proves that high performance can be achieved without compromising sustainability or strategic independence.”
Toyota Launches Multi-Purpose e-Palette BEV
- By MT Bureau
- September 16, 2025

Japanese auto major Toyota Motor Corporation has announced the start of sales for its e-Palette BEV, a new battery-electric vehicle designed for a wide range of mobility services. The e-Palette, which went on sale 15th September, is not just a form of transportation but a versatile platform that can be transformed into a mobile store, service space, or entertainment vehicle.
The e-Palette features a spacious interior and large windows, creating an open, customisable environment. Its design allows for multi-use applications throughout the day, such as serving as a shuttle bus in the morning and a retail space later on. The vehicle is also designed with accessibility in mind, featuring a low floor, wide sliding doors and an electric ramp to accommodate wheelchair users.
While currently supporting Level 2 automated driving, Toyota aims to introduce vehicles with Level 4 automated driving systems to the market by fiscal year 2027. The e-Palette will be deployed in areas like Toyota Arena Tokyo and the upcoming Toyota Woven City for transportation and mobile retail services. Additionally, Toyota plans to conduct automated driving demonstrations in collaboration with partners to advance its mobility vision.
Tata Technologies Acquires Germany’s ES-Tec In EUR 75 Million Deal
- By MT Bureau
- September 14, 2025

Tata Technologies Ltd has announced its strategic acquisition of German automotive engineering firm, ES-Tec Group, for EUR 75 million. The deal, which will be paid over two years and includes performance-based earn-outs, is set to significantly bolster Tata Technologies’ capabilities in next-generation mobility solutions and expand its European footprint.
The move is expected to accelerate the company’s engineering research and development (ER&D) growth, specifically in high-demand areas like Advanced Driver Assistance Systems (ADAS), Connected Driving and Digital Engineering. The acquisition also adds a substantial talent pool of over 300 skilled engineers with deep expertise in systems engineering.
The acquisition aligns with Tata Technologies’ global growth strategy, placing it in a stronger position within Germany, a key hub for automotive innovation. The company's management believes the deal will unlock significant commercial synergies, allowing for cross-selling opportunities and broader access to original equipment manufacturer (OEM) accounts. The transaction is projected to be EPS accretive from the first full year of operations. The automotive industry is in a state of flux, with European OEMs increasing investments in electrification and software-defined vehicle platforms. Tata Technologies is positioning itself to capitalise on this trend, with the market for Engineering Service Providers (ESPs) in Europe projected to grow from EUR 4.5 billion in 2020 to EUR 11.7 billion by 2030.
Warren Harris, MD & CEO, Tata Technologies, said, “The acquisition of ES-Tec Group is a strategic leap that enhances our ability to deliver end-to-end product engineering solutions across the automotive value chain and represents our commitment to expand our global footprint in accessing innovative engineering capabilities. Technical depth, customer centricity and regional strength align perfectly with our strategic vision to be the first partner choice for global OEMs navigating the shift towards intelligent, connected, and sustainable mobility.”
Marc Wille, MD & CEO of ES-Tec, said, “Joining forces with Tata Technologies is a key step for the ES-Tec Group to extend the breadth and depth of capabilities and expand our international presence. Together, we are ready to take on the future challenges of the automotive industry – delivering real value for our customers through competitive pricing, outstanding quality, and faster development cycles.”
- Renesas Electronics
- Advanced Semiconductor Solutions
- Autonomous Driving
- Advanced Driver Assistance Systems
- ADAS
Renesas To Display Innovative Solutions At electronica India 2025
- By MT Bureau
- September 12, 2025

Renesas Electronics, a global supplier of advanced semiconductor solutions, is set to showcase its comprehensive portfolio at electronica India 2025. The event will take place from 17 to 19 September at the Bengaluru International Exhibition Centre, with Renesas located in Hall 2 at Booth H2.C01.
The company's exhibition will highlight its latest innovations for industrial, automotive and consumer applications. The featured product lines encompass High Performance Computing, Embedded Processing, Analog & Connectivity and Power solutions, all engineered to simplify and enhance modern technology. Key demonstrations will include scalable automotive MCUs and SoCs for next-generation vehicle systems, power innovations utilising GaN HEMT technology for efficient energy conversion and a wide array of Analog & Connectivity solutions for diverse markets. A significant focus will be on Renesas 365, a pioneering industry platform powered by Altium, which is designed to streamline the development of software-defined products by unifying silicon and software on a collaborative cloud platform. The booth will also display innovative university projects developed with Renesas design kits.
In a collaborative effort with partner Quest Global, Renesas will present live demonstrations of autonomous driving and ADAS technology. These demonstrations, powered by the Renesas R-Car V4H SoC, will offer attendees a hands-on experience by allowing them to sit in a demo car on site.
Furthermore, Renesas leadership will be active participants in the conference agenda. On the first day, Malini Narayanamoorthi, Country Manager and VP, MID Engineering, Analog & Connectivity Group, Renesas India, will deliver a keynote at the CEO Forum. This will be followed by appearances from other senior directors in a Fireside Chat and the e-Mobility Conference. The second day will feature additional Renesas directors speaking at the e-Future Conference and the Innovation Forum, underscoring the company's commitment to industry dialogue.
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