Tessolve, a Hero Electronix venture and a leading provider of semiconductor engineering solutions, is set to fully acquire Dream Chip Technologies, a semiconductor chip design firm headquartered in Germany, for a consideration of up to EUR 42.5 million.

This move Tessolve claims will elevate it to be among a select group of design firms worldwide capable of delivering turnkey design solutions for complex cutting-edge chips. The acquisition will enable it to provide advanced capabilities in terms of System on Chip (SoC) designs for the Artificial Intelligence (AI), automotive, data centre, and industrial markets.

Furthermore, Tessolve will also strengthen its footprint in Europe by adding four delivery locations across Germany and Netherlands, including a specialised ADAS (Advanced Driver Assistance Systems) and imaging centre-of-excellence lab.

Srini Chinamilli, Co-Founder & CEO, Tessolve, said, “This acquisition solidifies our position as a top tier semiconductor engineering firm globally with unmatched design to productisation capabilities. Dream Chip’s capabilities further strengthen our ability to take on leading edge ASIC design projects and greatly enhances our European footprint.”

Dream Chip Technologies is said to be one of the leading semiconductor design service companies in Germany, particularly for its expertise in complex digital designs.

Jens Benndorf, CEO, Dream Chip Technologies, said, "We are excited to join forces with Tessolve and bring our expertise in digital chip design and embedded software to a global platform. By combining our design capabilities and IP with Tessolve’s established semiconductor services and embedded solutions, we can offer our customers a truly end-to-end solution from chip architecture to post-silicon test and supply chain management for their most complex designs. Together, we will push the boundaries of innovation in automotive and enterprise designs, particularly in camera-based systems and AI-driven ASIC applications."

Ujjwal Munjal, Chairman, Tessolve, added, “Over the past few years, Tessolve has demonstrated impressive growth and resilience. With the synergy brought by Dream Chip Technologies, I am confident that Tessolve is poised to become a world leader in this space with unparalleled capabilities. As major companies increasingly shift towards custom chip design, this acquisition positions Tessolve more strongly than ever to meet the growing demands of the custom chip market.”

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China’s WeRide has announced that at the Wuhu round of the Second China Urban Intelligent Driving Competition, the Chery Exeed Sterra ET, powered by the WeRide WRD 3.0 (jointly developed with Bosch), claimed first place with a lead of over 10 points.

As the first publicly traded Robotaxi company, WeRide operates in over 40 cities across 12 countries. It holds autonomous driving permits in eight major markets, including the UAE, Singapore and the US, providing L2 to L4 solutions across the mobility, logistics and sanitation sectors.

This win marks the first time in the competition's history that a single solution has achieved four consecutive championships, following previous victories in Taizhou, Wenzhou and Jinhua.

The WRD 3.0 system utilises a one-stage end-to-end ADAS solution designed to handle complex urban environments. Its performance is driven by two key internal technologies:

• GENESIS Simulation World Model: A proprietary platform that uses generative AI to reproduce rare ‘long-tail’ scenarios, bridging the gap between virtual training and real-world application.
• L4 Driverless Data Integration: The system leverages large-scale data from WeRide's fully driverless operations to refine perception and planning in dense traffic, such as street markets and mixed-use urban roads.

WeRide has transitioned WRD 3.0 from an algorithmic concept to a production-ready system, achieving hardware-software decoupling that allows it to run on different computing tiers.

With the launch of the Aion N60, WeRide has become the first autonomous driving provider to achieve mass production of one-stage end-to-end technology on both Nvidia Drive and Qualcomm Snapdragon platforms.

While strengthening its presence in China with brands like GAC Trumpchi and Hyptec, WeRide is expanding its international footprint. Through partnerships with Tiggo, Omoda and JAECOO, the company aims to export its intelligent driving solutions to global markets.

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South Korea-based Stradvision, a company specialising in AI-based vision perception technology, has been selected by a global commercial vehicle manufacturer to deploy its SVNet software across its Indian vehicle lineup.

The programme focuses on fleet-scale deployment of Advanced Driver Assistance Systems (ADAS) in a market where perception software must balance technical reliability with cost-efficiency.

The company stated that the Indian commercial vehicle sector requires ADAS solutions capable of operating on resource-constrained hardware while maintaining performance in high-density traffic.

SVNet is engineered to detect and classify objects in mixed-traffic environments, including two-wheelers, three-wheelers and pedestrians. This software architecture allows the OEM to implement functions such as automatic emergency braking, forward collision warning and lane departure warning across various models using a single software stack.

The deployment is structured to allow the manufacturer to standardise its perception platform while adjusting for model-specific hardware.

Till date, Stradvision has deployed approximately 5 million units of SVNet globally, providing the production maturity required for high-volume commercial vehicle programmes. This project indicates a shift in the automotive industry towards perception solutions that prioritises scalability and operational efficiency across diverse market conditions.

Philip Vidal, CBO, Stradvision, said, "India's commercial vehicle segment is one of the most consequential ADAS markets opening right now. The scale of the fleet, the complexity of the traffic environment, and the cost requirements make it a genuine test of whether perception software can perform where it matters most. SVNet was built for exactly this kind of deployment, and this program is a strong validation of that."

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Einride AB, the freight technology company, has appointed General (Ret.) Keith B. Alexander to its Board of Directors. The appointment coincides with the formal establishment of a dedicated defence business aimed at providing autonomous driving capabilities to military organisations globally.

General Alexander, a current member of the Amazon Board of Directors, previously served as the Director of the U.S. National Security Agency (NSA) and was the Founding Commander of the U.S. Cyber Command.

The move into the defence sector follows the completion of autonomous pilot contracts with a European NATO-allied organisation. Einride intends to utilise its vehicle-agnostic autonomous system, the Einride Driver, which can be integrated into new vehicle platforms or retrofitted onto existing fleets.

This technology licensing model operates alongside the company’s Freight-Capacity-as-a-Service offering, which manages electric heavy-duty fleets through AI optimisation software and charging infrastructure.

The company currently operates in the U.S., Europe and the Middle East, serving more than 30 enterprise customers. Einride reports approximately USD 92 million in expected annual recurring revenue from signed contracts. The firm is also progressing toward a public listing through a proposed business combination with Legato Merger Corp. III, expected to conclude during the first half of 2026.

General Keith B. Alexander, said, "Autonomous systems operating in defence environments face a distinct threat landscape, where adversaries probe for vulnerabilities in communication, navigation, and control. What brought me to Einride is its strong operational foundation, proven safety record and real operational experience. My role is helping ensure Einride's systems meet the standards required by NATO-allied and U.S. defence organisations and scale from pilots to full programs."

Robert Falck, Chairman of Einride's Board of Directors, said, "General Alexander has spent decades operating at the intersection of technology, security, and high-stakes decision-making. As Einride continues to expand its offering to the defence sectors, his knowledge and experiences are exactly what we need in the boardroom."

Roozbeh Charli, CEO, Einride, added, “Having validated our technology in a defence context, we're now moving with intent: recruiting specialised talent, developing defence-specific expertise, and bringing in leadership with deep domain knowledge. Appointing General Alexander to our Board of Directors is one concrete example of that, his experience directly strengthening our strategic direction in this space.”

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Hyundai Mobis has established an integrated data management and validation system designed to test electronic control units (ECUs) for software-defined vehicles (SDVs) and autonomous driving.

The platform links real-world road test data with simulators to replicate driving scenarios, addressing the requirement from global carmakers for data-based validation results spanning tens of thousands of hours.

The system utilises a platform that connects multiple simulators in parallel to reflect various validation scenarios.

Hyundai Mobis intends to expand this infrastructure to link up to 60 simulators, which would allow the company to complete 10,000 hours of evaluation within a one-week period. This process typically requires several years of physical test driving under standard real-world conditions.

By integrating sensors mounted on test vehicles, the system collects data from diverse driving and parking environments. It can replicate specific conditions that are difficult to reproduce consistently in reality, such as nighttime driving, heavy rain and unexpected road incidents, by combining them with virtual simulations.

This approach is intended to assess the recognition performance and stability of radar, cameras, LiDAR and ultrasonic sensors.

Hyundai Mobis will use this system to validate algorithms for autonomous driving sensors and various ECUs as part of its strategy to acquire global orders for SDV components. The company plans to enhance the system through data integration and collaboration with its research hubs worldwide.

Ko Bongchul, Chief of Automotive Electronics R&D at Hyundai Mobis, said, “In the era of SDVs and autonomous driving, evaluation and validation are just as critical as technology development. We expect that establishing this evaluation and validation system will simultaneously expand the speed and scope of validation, thereby significantly boosting our competitiveness in securing orders for core SDV components.”

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