Q) How do you see the Indian automotive market, and what are the factors that drive and influence Covestro’s product offerings in India?

Anand Srinivasan: The McKinney Report 2019 states that India is likely to become the third largest automotive market in the world. The report says that the key factors that drive this would be rapid urbanisation, a burgeoning middle class, increased consumer spends, continued government focus on the sector, and low sharing of mobility barring high-density urban areas.   

We feel there could be a spike in the luxury car segment and the mid-entry level cars. These are facilitated by the government focus on infrastructure development and the love of inter-city independent travel. In India, cars are seen as a status symbol and this will continue to drive the consumption pattern.

This year's Auto Expo was dominated by electric vehicles where auto-giants like Hyundai, Mahindra and Mahindra, and Tata Motors unveiled their plans.

Another significant factor is that India continues to be the centre for frugal engineering. This leads to cost-efficient, ground-up innovation that also fits into each consumer's value proposition and fuel the growth in consumption.

Q)  Consumers are very choosey about the car interior. Personal car users want interiors that appeal to their personality and emotions. Riders in share-riding expect the interiors to be robust, and functional. Such broad expectations are putting much pressure on designers and engineers of the OEMs. How do you take this challenge as a material supplier? What products do you offer for automotive interiors?

Anand Srinivasan: In India, car interiors traditionally have been robust – irrespective of the type or choice of interior. The end-consumers always prefer robust and highly functional products to delicate and limited functionality products. This comes from the value proposition ingrained in the Indian DNA.

The expectations in the personal car space are most likely to become a requirement in the share-riding space also. This will be essentially driven by pressure on margins which will force share-car owners to focus on value-addition to generate premiums. As a result, a product today for the personal car space will become an innovation for a share-car owner tomorrow. 

So any product, we create for the personal car space becomes an investment in the innovation for the more mass requirements of share-riding. Covestro provides materials like polyurethanes for seats, coverings and coatings. Covestro's flexible polyurethane foam car seats offer significant ergonomic advantages over seats in other materials and reduce fuel consumption.

Q)  Automotive lighting has gained momentum due to the growing focus on safety and energy efficiency. The designing of headlamps and rear lamps is getting more complicated. What kind of challenges are you facing in this segment, and how are you tackling them? What new technologies do you are work on in the segment?

Anand Srinivasan: Safety and energy efficiency is definitely on top of our agenda. Factors such as emphasis on road safety, implementation of stringent government regulations, and rise in production drive the growth of the automotive lighting market. However, the high cost of LEDs had restrained the automotive lighting market growth. Lighting is one of the more challenging needs to address. Simple understanding like the type of lighting and the impact on cars coming on the opposite direction can often be the critical differentiator.

The most important contribution to cost is the demand for vehicles equipped with advanced technologies. While globally, features like communication with the pedestrians to ensure better safety have gained momentum, the focus in India is more skewed to convenience. The concept of safety (which is among the slow-moving traffics globally) is significantly different. In that, the ability to use halogen lighting without inconveniencing the driver on the opposite side could be a very simple example. These and the focus on reducing carbon footprint on any consumption have gained momentum.

However, to our advantage, India is a highly skilled and bright-minded innovative nation. Therefore, our limitations impose on us the need to innovate cost-efficiently without compromising on the product quality and end result.

This holds us in a very good state – where we like to call our innovations as being N&N (needs & norms) compliant. We as an organisation have been able to focus on "Building the Future" through our energy-efficient products across many different industries and are confident of bringing the same to the automotive sector.

Q) A supplier may create excellent materials for the interior or exterior, but it has to be compatible with the design of a product. OEMs also want to offer differentiators in the market. With the growing complexity of interior and exterior designs, what are the challenges that you face?

Anand Srinivasan: For the interior or exterior, the key challenge lies in estimating consumer expectations. The need for any OEM is to read the current and latent needs of the end-consumers and to enable automotive companies to integrate their products into the consumers' life. Before answering this question, I think it is very important to understand the drivers of change in consumer expectations.

The evolving lifestyle of the urban classes and DINKs, DISKs and DIDKs are driving the economy. This essentially means less time at home and more at work. The ability to leave from the work will largely depend on the time utilisation during travel. The second is the need for better connectivity, even on the go. To improve their own productivity, for home tasks or for office work, cars will increasingly need to cater to smarter, easier and more interactive tools like touch screens instead of music systems, voice-activated products and similar others. The third one is a culture of digitised work environment penetrating into family time. With increased exposure to digitisation, even children have taken to it like fish in the water. As a result, family cars are expected to be compliant with the latest gizmos and gadgets that make a child's travel time more interactive while giving parents the chance to complete work on chores on the go. 

The luxury segment, on the other hand, is leaning more towards ensuring that travel is the downtime that people need in their busy lives. Thus the focus on a premium look and feel products, entertainment like exotic grills and mood elements, interactive panels, capacitive switches and more. In this segment, the driver is clearly making the PVQ (Perceived Value Quotient) less elastic. To do that, redefining luxury every 6 months becomes a mandate. I think the level of consumer expectations is very high. For that we are in a constant state of Research and Innovation. (MT)

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Coretura, a 50:50 joint venture between Daimler Truck and Volvo Group, has entered into an engineering agreement with Accenture to accelerate the development of a software platform for commercial vehicles.

The company, headquartered in Gothenburg, Sweden, currently employs over 100 engineers. It continues to recruit specialists in system architecture, high-performance computing and cloud infrastructure to support its roadmap, which targets the delivery of its first commercialised products towards the end of the decade.

Coretura intends to create a single software platform, language and standard for trucks, buses and other heavy-duty transport vehicles. The platform is designed to support vehicle lifecycles of more than 15 years, moving the industry away from projects that require custom software development for each new vehicle.

As the engineering partner, Accenture will support development across several areas, including:

• Electrical and Electronic (E/E) architecture
• Software abstraction and hardware integration
• Embedded software, middleware, and cybersecurity
• Functional safety and cloud infrastructure

The platform aims to provide a reusable software stack to lower costs and standardise time-to-market for global manufacturers. For fleet operators, the system is designed to allow for continuous software updates and performance upgrades delivered over the air.

Johan Lunden, CEO, Coretura, said, “Our purpose is to advance mobility at the speed of ideas, and that takes depth. Building a full-stack SDV platform demands expertise across embedded software, middleware, cybersecurity, and functional safety, all designed for vehicles with lifecycles measured in decades. Accenture’s reinvention capabilities let us move faster without compromising the standards our customers depend on. This is acceleration, not course correction.”

Rainer Oder, SDV Embedded Software Lead, Accenture, added, “Helping the industry advance software-defined vehicles is a priority for Accenture. Our landmark collaboration with Coretura is designed to change embedded software engineering for automotive platforms. Together, we are looking to solve the challenges of a fully software-defined architecture – addressing critical areas such as hardware abstraction, API management and AI-based engineering optimisations.”

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The ePlane Company has announced the completion of its full-scale electric vertical takeoff and landing (eVTOL) aircraft, the e200X. Designated PT-01, the prototype has successfully integrated all core subsystems into a single structure, marking the transition from design and simulation to physical testing.

The e200X is designed as a single airframe versatile enough to serve three distinct markets – Passenger Air Taxi, Urban Cargo Carrier and Air Ambulance.

The company emphasises that the aircraft was designed to be compact, allowing it to integrate into existing urban infrastructure without requiring significant city redesigns.

Developed at the company's own facilities in Chennai, the e200X features in-house development of major components, including propellers, airframe structure, landing gear and battery pack.

This vertical integration provides the company with control over performance, manufacturing costs, and iteration speed, having reached this milestone on approximately USD 21 million in funding.

With assembly complete, the e200X will now undergo ground testing, flight testing and certification.

Prof. Satya Chakravarthy, Founder, The ePlane Company, said, "We set out to build an electric aircraft to a world-class benchmark, engineered and manufactured in depth in India for the World.  We deliberately designed the e200X to be compact, because an aircraft that asks a city to rebuild itself around it will not solve the problem it was built to solve. The same airframe can move people as an air taxi, carry goods as a cargo aircraft, and save lives as an air ambulance, and it can do all three using the infrastructure cities already have. That combination of real capability and capital efficiency is how we intend to compete, and win, in markets around the world.”

The company’s board includes prominent figures such as Vishesh Rajaram (Speciale Invest), Eash Sundaram (JetBlue) and Aditya Ghosh (Homage, Akasa Air). The venture, incubated at IIT Madras, has also received international recognition, including being showcased at Bharat Innovates 2026 and featured in Nvidia Founder Jensen Huang’s GTC keynote.

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Chinese technology company Xiaomi has marked a new milestone for its automotive product offering with its electric vehicle.

The company has announced a significant milestone in autonomous vehicle technology by completing the first official autonomous lap of the Nurburgring Nordschleife circuit in Germany with the Xiaomi YU7 GT, equipped with a Track Package, navigating the 20.8 km circuit without a human driver, recording a lap time of 10:29.483.

Following this performance, the Nurburgring has introduced a new official vehicle category: Autonomous Driving (under Electric Vehicles).

The Xiaomi YU7 GT autonomously navigated all 73 corners of the Nordschleife, managing 300 metres of elevation change and varying road surface conditions. The performance was driven by Xiaomi’s autonomous driving system, which integrates the Xiaomi XLA architecture and the MiMo-Embodied foundation model introduced in March 2026. The end-to-end architecture enabled the vehicle to coordinate steering, braking and power delivery in real-time, maintaining stability under high-speed and high-load conditions.

Xiaomi’s autonomous driving programme has evolved since the 2024 launch of Xiaomi HAD. The current system moves beyond simple behaviour imitation toward autonomous decision-making and deeper environmental interpretation. The company stated that the Nurburgring project serves as a critical testing ground to collect data for refining vehicle dynamics modelling, control strategy optimisation and safety redundancy mechanisms.

This achievement underscores Xiaomi’s commitment to advancing artificial intelligence in the automotive sector through rigorous real-world validation.

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QuantumScape Corporation has announced a multi-year joint research agreement with Honda R&D Co., a subsidiary of Honda Motor Co.

The collaboration focuses on advancing QuantumScape’s solid-state lithium-metal battery platform, including the development of associated manufacturing processes.

This agreement follows a successful technology evaluation period during which Honda conducted a technical study and competitive benchmarking of QuantumScape’s battery platform.

Atsushi Ogawa, Chief Operating Officer, Research Center of Excellence, Honda R&D Co, said, “QS technology demonstrated compelling and unique advantages during our evaluation. We see potential for QS technology to add value across a range of applications, including automotive, and we are excited to move forward into the next phase of our partnership.”

Dr. Siva Sivaram, CEO and President, QuantumScape, added, “Honda is a leading global automaker renowned for its engineering excellence and product quality across automotive and other applications worldwide, and its evaluation represents one of the most rigorous assessments of our technology to date. This agreement reflects the growing confidence in QS solid-state lithium-metal batteries to enable safer, higher-density energy storage.”

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