Michelin joins Antin and Enviro To Set Up Tyre Recycling Technology Plants
- By MT Bureau
- February 26, 2024

In what is a major development on a global scale, Michelin has joined Antin and Enviro to announce the construction of first end of life tyre-recycling plant in Sweden.
The final investment decision for the construction of the used tyre recycling plant in cooperation with Antin and Enviro is expected to lead to the building of a series of plants in other locations across Europe as well.
With Antin a majority shareholder of the joint venture, Michelin is a minority shareholder. Enviro has an option to become a significant minority shareholder.
The construction of the Swedish facility already under way, all the necessary environmental and building permits and authorisations have been obtained. The facility is expected to be operational during 2025.
The initial aim is to process approximately 35,000 tonnes of used tyres per annum. The facility would create up to 40 green jobs in the local community during its first phase.
Multi-year supply contracts
In addition to obtaining financing for the construction of the facility, the cooperative venture has bagged a series of multi-year contracts regarding the supply of end-of-life-cycle tyres as well as recovered carbon black and pyrolysis oil.
In this context, Michelin is employing an approach of proactively supporting the development of used tyre recycling ecosystems. It is committed to collaborating on the future developments of the joint venture. For example, Michelin has signed a multi-year supply agreement regarding carbon black and pyrolysis oil.
One million tonne
Planning to build factories throughout Europe to target a total annual recycling capacity of one million tonnes (of used tyres), the construction of the next facility will be undertaken after the Swedish become operational.
Efforts would be made to ensure a rapid rollout of this technology with Antin and Enviro agreeing to a financing plan for the construction of factories across European continents.
The development comes against the backdrop of rising volume of discarded tyres that have reached the end of their life cycle. They are now annually amounting to 3.5 million tonnes within Europe.
The joint venture facility will help to drive tyre recycling technology forward and recover carbon black and oils that may then be used in the manufacturing of tyres and in the petrochemical industry.
“Michelin has strongly supported the creation of this joint venture between Enviro and Antin. The undertaking began in 2020 when Michelin became a shareholder in Enviro to support the maturation of this technology. Today, we are moving on to a new step with the finalization of the investment for the construction of this first factory in Sweden. The launch of this ambitious industrial program, which is expected to be developed on a European scale, perfectly echoes the strategic objectives of the Michelin Group to reach 100 percent renewable and recycled materials by 2050, reducing the overall environmental impact of its tires,” said Maude Portigliatti, High-tech Materials Business Director – Member of the Michelin Group Executive Committee.
“Antin is delighted to join Enviro and Michelin to announce approval for the construction of the first of several plants planned by the joint venture. We are excited to help create a fully circular platform which will restore end of life tires to its constituent raw materials that will be sustainably used over and over again. This is part of Antin NextGen’s strategy to focus on proven technologies that require substantial capital to scale.” Mentioned Anand Jagannathan, Antin Senior Partner.
“The plant in Uddevalla will be the joint venture’s first full-scale tire recycling plant and a first important step in our joint effort to create the world’s first large-scale tire recycling group. Together we will play a crucial role in the industrial transformation needed for a more sustainable future”, commented Alf Blomqvist, Chairman of Scandinavian Enviro Systems.
- L&T Technology Services
- LTTS
- thyssenkrupp Steering
- Richard Hirschmann
- Patrick Vith
- Amit Chadha
- Rajkumar Ravindranathan
L&T Technology Services And thyssenkrupp Steering To Setup Software Development Centre In Pune
- By MT Bureau
- June 30, 2025

L&T Technology Services (LTTS), a leading ER&D company, has announced a strategic partnership with thyssenkrupp Steering to set up a software development centre in Pune.
The partnership will bring together LTTS’ expertise in its mobility segment, dedicated to developing safety-critical software for advanced steering technologies, while thyssenkrupp will bring together its global engineering solutions.
As per the understanding, LTTS will establish and manage the software hub in Pune on behalf of thyssenkrupp Steering.
For the unversed, LTTS has expertise on vehicle engineering to next-gen software innovation, while thyssenkrupp Steering has been developing steering systems for many years. The company possesses a deep knowledge of new electrical/electronic (E/E) architectures and software, as well as strong competence in steering technology. Its activities also extend to forward-looking developments such as the Vehicle Motion Control system, which enables higher comfort, advanced safety and highly autonomous driving through the high-level integration of steering, brakes, drivetrain and dampers.
Richard Hirschmann, SVP R&D, thyssenkrupp Steering, said, “We are excited to partner with LTTS to expand our software capabilities in India. This centre will play a crucial role in driving innovation and delivering next-generation steering solutions to our global customers.”
Patrick Vith, CEO, thyssenkrupp Steering, stated, “We are driven by a clear strategic ambition: to be the most trusted partner for steering solutions worldwide. We aim to shape the future of mobility through innovation, operational excellence, and strong global partnerships.”
Amit Chadha, CEO & Managing Director, L&T Technology Services, said, “This collaboration with thyssenkrupp Steering highlights LTTS’ leadership in the mobility space. Our expertise in electrification, hybrid systems, and software-defined vehicle architectures drives intelligent, sustainable mobility, supported by over 250 programs, 350 patents and 45 labs. By adding a prominent Tier-I automotive partner to our portfolio, this partnership reaffirms our role as the go-to innovation partner for future-ready mobility solutions.
Rajkumar Ravindranathan, Chief Business Officer – EMEA & RoW, L&T Technology Services, said, “We are honoured to be part of this significant milestone in thyssenkrupp’s transformation journey. Through this partnership, and by leveraging our deep expertise in building safety-critical, software-led products, LTTS will deliver scale, faster time-to-market, and cost-effective innovation, enabling thyssenkrupp to sustain and grow its market leadership. The Pune center will serve as a hub for cutting-edge software development, including embedded systems, functional safety and cybersecurity, aligning with the growing demand for intelligent and connected vehicle technologies.”
- Accenture
- Centre of Excellence in Advanced Automotive Research
- CAAR
- Indian Institute of Technology Madras
- IIT Madras
- Accenture LearnVantage
- SDV
- Kishore Durg
- Prof. Krishnan Balasubramanian
- Thiruppathy Srinivasan
Accenture LearnVantage Partners IIT Madras’s CAAR To Skill Talent In SDVs
- By MT Bureau
- June 30, 2025
Accenture, a leading IT services and Management Consulting organisation, has partnered Centre of Excellence in Advanced Automotive Research (CAAR), a research society established by the Indian Institute of Technology Madras (IIT Madras), to offer specialised skilling programs through Accenture’s LearnVantage Software-Defined Vehicle (SDV) Academy.
Targetted towards automotive Original Equipment Manufacturers (OEMs) and Global Capability Centers (GCCs) the initiative aims to develop talent pool to build software-defined vehicles. The program aims to meet the growing demand for skilled professionals in the SDV domain by bridging the gap between traditional automotive roles and the digital skills needed to develop automated driving technology, advanced driver assistance systems (ADAS), electrical/electronic architecture, connectivity and infotainment systems.
The curriculum covers advanced Internet of Things (IoT), embedded systems and software, vehicle safety, communication protocols, cybersecurity, edge computing, cloud virtualisation and industry standards like AUTomotive Open System Architecture (AUTOSAR) and Automotive Software Process Improvement Capability Determination (ASPICE).
Kishore Durg, Global Lead, Accenture LearnVantage, said, “As vehicles transform into sophisticated software-defined machines, the automotive industry requires digital-native talent skilled in AI, machine learning, cybersecurity, and safety systems. Our collaboration with CAAR at IIT Madras is a game-changer, focused on transforming talent at scale for OEMs and GCCs in the sector. Together, we are committed to rapidly upskilling and reskilling talent to embrace technological advancements and develop the interdisciplinary skills needed for the SDV landscape.”
Prof. Krishnan Balasubramanian, Prof. in Charge of Center for Advanced Automotive Research (CAAR), IIT Madras, said, “The academia-industry partnership, enabled by the Center of Excellence CAAR is a unique model that creates a win-win for all parties and enables upskilling of the next generation workforce in new areas such as SDVs. We are delighted to be partnering with Accenture’s LearnVantage.”
Thiruppathy Srinivasan, CEO, CAAR, IIT Madras, said, “The automotive industry is rapidly evolving with the adoption of electrification, connectivity, and advanced smart technologies. The high-growth software-defined vehicle space demands both new digital skills and a larger pool of skilled professionals, making upskilling a top priority. Our collaboration with Accenture LearnVantage offers a synergistic platform to bridge the talent gap by equipping professionals with the competencies needed to thrive and meet the industry’s evolving needs.”
- Audi
- AirConsole
- Anthony Cliquot
- N-Dream
- infotainment
- Mattel
- Sony
- Erika Winterholler
- Sony Pictures Television
- Audi A5
- Audi A6
- Audi Q5
- Audi A6 e-tron
- Audi Q6 e-tron
Audi Accelerates In-Car Entertainment With Launch Of AirConsole Gaming Platform
- By MT Bureau
- June 26, 2025

German luxury carbrand Audi has officially launched AirConsole's interactive gaming platform in select vehicles, marking a significant step forward in the evolution of in-car entertainment. This integration brings a suite of social games, playable using smartphones as controllers, directly to Audi's infotainment system, aiming to enhance the travel experience for non-driving passengers.
The games were previously limited to parked vehicles, but now in-car gaming in select Audi models can now be enjoyed while the car is in motion, specifically by the front passenger in vehicles equipped with a passenger display. This is made possible through Audi's Active Privacy Mode, a unique digital curtain that prevents the driver from being distracted by the screen.
Anthony Cliquot, CEO at N-Dream, the makers of AirConsole, said, “This is a game-changer for in-car entertainment. With Audi, we’re redefining what’s possible inside a vehicle – bringing gaming into motion and making every journey more social and fun. By enabling gameplay on the passenger screen in a way that prioritises safety – by not distracting the driver – we’re taking a bold yet responsible step toward a future where cars are not just modes of transport, but platforms for shared digital experiences.”
In a notable collaboration with Mattel, Audi and AirConsole are introducing Pictionary Car Party, an exclusive in-car edition of the popular quickdraw game. This launch coincides with Pictionary's 40th anniversary and allows up to four players to connect via their personal devices, transforming road trips into interactive gaming sessions.
Erika Winterholler, Head of Business Development, Digital Gaming at Mattel, said, “We’re thrilled to continue our partnership with AirConsole and work with the team at Audi to bring Pictionary Car Party! to Audi’s infotainment systems. This collaboration is a game-changer, letting non-driving passengers join in on fun, interactive play using their smartphones. Most importantly, the front passenger can safely control the game without distracting the driver, ensuring that entertainment and safety go hand-in-hand. This is the future of social gaming on the move, making every journey more enjoyable.”
Beyond Pictionary Car Party, the AirConsole platform offers an initial selection of 13 additional games spanning various genres, including racing, sports, trivia and party games. Notable titles include Who Wants to Be a Millionaire? from Sony Pictures Television, Overcooked from Team17, and UNO Car Party! from Mattel. Audi passengers can anticipate frequent updates and new content, ensuring an ever-expanding library of interactive entertainment.
Accessing AirConsole is designed to be straightforward. Users can download the AirConsole app directly through the Audi Application Store, which hosts apps specifically optimised for in-vehicle use. Passengers simply scan a QR code displayed on the vehicle’s screen with their smartphone to instantly connect and use their device as a game controller.
The AirConsole gaming platform is now available in the Audi A5, Q5, A6, A6 e-tron and Q6 e-tron model series equipped with Android-based infotainment systems, across all markets where Audi operates.
Bosch Plots EUR 2.5 Billion Investment Towards AI By 2027
- By MT Bureau
- June 26, 2025

German technology major Bosch has outlined its ambition to further continue investments towards development and deployment of artificial intelligence (AI). During the recently held Bosch Tech Day, the company announced that by end-2027 it will invest over EUR 2.5 billion towards AI alone.
In the last five years, the company has filed over 1,500 patent applications in the field of AI, making it a leading innovator globally. The company shared that despite slower-than-anticipated momentum of AI in both assisted and automated driving, it foresees huge potential in the long run.
Going forward, it expects the demand for software, sensor technology, high-performance computers and network components will more than double by mid-2030. This it estimates will account for around EUR 10 billion in sales revenue.
Stefan Hartung, Chairman, Bosch Board of Management, said, “The breakthroughs in AI make it possible to open up completely new chapters in technology, accelerate the development of innovations, and turn these into business.”
In the automotive industry, Bosch has developed expertise in automated driving, for example for visualising the vehicle’s surroundings and route planning. Thanks to AI, the vehicle thinks ahead, anticipates how other road users will behave, and calculates the next steps to get to its destination safely. AI not only ensures greater safety in vehicles, however; it also helps significantly shorten development times for new products. For example, Bosch can draw on a unique database of vehicle sensor data to feed a generative AI solution – and thus train systems much faster and more efficiently. This could pave the way for even more reliable driving assistants and automated driving functions in the future.
The company also expects AI for making manufacturing more streamlined and smart, not only for Bosch factories, but also for its clienteles.
Furthermore, the German technology major is also getting its associates on board. The company through its in-house AI Academy has trained over 65,000 associates since 2019. Nearly 5,000 AI specialists are working on intelligent AI solutions.
“One thing is becoming increasingly clear: a society without AI capabilities will fall behind in global competition,” said Hartung.
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