Participating in Tyres Latin Tyre & Auto Parts Expo in Panama (31 July 2024 to 3 August 2024), TVS Shrichakra Ltd under the Eurogrip brand showcased its latest range of products such as off-road tyres used in construction equipment, industrial equipment, tractors, tillers, ballers, agricultural machinery and two-wheelers. 

The two-wheeler tyres the company showcased were for the adventure touring type; steel belted radial tyres for superbikes and high-performance tubeless two-wheeler tyres. The company also showcased three-wheeler tyres. 

Showing its popular patterns like Climber, Bee Connect, Roadhound, Trailhound STR, Terrabite, Badshah, Beamer VS, Jumbo TL and Jaya LX under the Eurogrip Tyres brand, the company showcased different types of tyres under the off-highway segment. The two new patterns included one (BL 54 L-4) for construction equipment and one for agricultural equipment. The most popular size in the Americas - 19.5L-24 – was on display too.

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Chinese automaker BYD has secured the top position in the global automotive innovation ranking within the Automotive INNOVATIONS Report 2026, published by the Germany-based Center of Automotive Management (CAM).

This milestone marks the first time a Chinese automotive manufacturer has claimed the first-place ranking since the annual CAM study was established in 2005.

BYD achieved the leading score with 157 points, displacing the previous year’s top-ranked manufacturer, Volkswagen Group, which moved to second place with 143 points. Mercedes-Benz secured the third position in the evaluation, registering 134 points.

The index results highlight BYD’s expanding research and development capabilities, alongside the increasing technological competitiveness of Chinese original equipment manufacturers (OEMs) within the global automotive landscape.

The Automotive INNOVATIONS report is a long-running industry study launched by CAM in 2005 to track, evaluate and categorise technological innovations, future-ready propulsion systems and software developments among international automotive groups. The shift in leadership for 2026 reflects broader structural transitions and changing product-driven engineering cycles inside the global market.

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Dhoot Transmission, an automotive components manufacturer backed by Bain Capital, has entered into a strategic partnership with Israel-based technology company RideVision. The collaboration marks Dhoot Transmission’s entry into intelligent mobility and advanced driver assistance systems (ADAS).

The partnership is aimed at expanding Dhoot's existing automotive electronics portfolio and introducing localised safety technologies specifically engineered for Indian road conditions and regulatory environments.

The alliance will prioritise the development, technology integration and deployment of intelligent safety solutions across India’s shifting mobility ecosystem. Key focus areas of the partnership include:

• Tailored Engineering: Adjusting global ADAS software and hardware capabilities to navigate unique local driving behaviours, traffic densities and road infrastructure in India.
• Portfolio Expansion: Complemented by Dhoot’s industrial footprint, the collaboration moves the company further into advanced technology and electronic solutions.
• Democratising Safety: Localising the manufacturing stack to reduce production costs, making life-saving driver assistance accessible across broader vehicle segments.

In tandem with this electronic product expansion strategy, Dhoot Transmission announced that its subsidiary, Dhoot Automotive Systems, has executed a business transfer agreement with Bengaluru-based firm Multilink. The acquisition is intended to strengthen Dhoot’s baseline engineering capabilities and position the company for future growth in advanced tech sectors.

Naveen Kumar, CEO – India (Wiring Harness and Electronics), Dhoot Transmission, noted, “We believe this is the right time to bring intelligent safety technologies to India. Our partnership with RideVision combines global ADAS expertise with our deep understanding of the Indian market to develop solutions specifically engineered for Indian road and operating conditions. Together, we aim to make mobility in India safer, smarter, and future-ready.”

Uri Lavi, Founder and CEO, RideVision, added, “India stands at the precipice of a fascinating new era of smart mobility – one that will have a profound, measurable impact on saving lives every single day. Through this collaboration with our partner Dhoot Transmission, we are bringing advanced ADAS capabilities directly to the heart of the Indian market. By localizing this cutting-edge technology, we aim to democratise life-saving safety solutions for all.”

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Pre-owned car marketplace Cars24 has announced the launch of AI Labs, a dedicated initiative designed to develop artificial intelligence-native products and support early-stage entrepreneurs.

As part of the program, the company has committed a USD 20 million investment fund targeted at startups and development teams building transformative AI technologies.

The move marks an expansion of Cars24’s internal technology strategy, where machine learning and artificial intelligence models have already been integrated into core business operations to manage decision-making workflows and customer experience interfaces. Through AI Labs, the company will extend its technical resources externally to independent software engineers and startup founders.

To establish the infrastructure for the program, Cars24 has partnered with technology providers including OpenAI, Amazon Web Services (AWS) and ElevenLabs. This ecosystem will provide participating developers with cloud infrastructure, technical expertise, distribution networks and advanced language and voice synthesis models to accelerate product deployment.

The operational focus of AI Labs is divided into three primary activities:

• Build: Developing proprietary AI-native applications and contributing to global open-source software innovation.
• Partner: Collaborating with established artificial intelligence firms to encourage industry experimentation and technology adoption.
• Invest: Supplying seed capital and strategic support to early-stage businesses building software categories.

Beyond direct equity investments, the initiative will fund community engagement programs, including regional hackathons, builder incubation programs and collaborative open-source projects designed to stimulate developer experimentation.

Vikram Chopra, Founder and CEO, Cars24, said, “Every major technology shift creates a handful of companies that go on to define the future. We believe AI is the biggest shift of our generation, and the opportunity ahead is far larger than anything we've seen before. Over the last few years, we've seen AI fundamentally change how we operate, build products, and serve customers AI Labs is our way of giving back to the ecosystem that is shaping this future. We want to back founders early, help them move faster and support the people building things that seem impossible today but inevitable tomorrow.”

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Automotive supplier Valeo and Electronic Design Automation software provider Zuken have announced a strategic partnership to develop an open, artificial intelligence-assisted electronic design platform. The collaboration will operate under a joint program named the ‘Zuken Valeo InnoLab’.

The initiative integrates Zuken's AI architecture with Valeo’s custom AI agents and industrial data to create a real-time collaborative ecosystem between software tools and engineers. The primary objective of the program is to reduce hardware design timelines while maintaining structural robustness across complex automotive electronic systems.

The technical development framework spans the entire electronic design flow and is organised into four main operational areas:

• Functional Generative Design: Valeo will deploy its generative AI models within Zuken’s System Planner software to instantly generate and evaluate multi-criteria system architectures based on predefined corporate standards.
• Digital Continuity: Zuken’s open architecture will interface with Valeo’s existing digital ecosystem to provide end-to-end data traceability. This integration is designed to comply with the Automotive SPICE 4.0 (ASPICE4.0) Hardware Engineering process group standard, allowing Valeo's AI to process data and execute automated actions directly within the platform.
• Assisted Detailed Design: Valeo will integrate virtual AI copilot agents to assist engineering teams in real time with hardware rule verification, solution searching, and constraint implementations. Concurrently, Zuken is developing native AI functions to accelerate schematic entries by drawing from Valeo’s standardised components database.
• Automated Placement and Routing: Physical circuit integration will utilise Zuken’s Design Force engine, which features automated placement and routing algorithms. Valeo will use Zuken's software development kit to train the AI engine against specific automotive environmental and physical constraints to achieve correct initial executions.

Christophe Le Ligne, Vice-President – Research and Development, Valeo, said, “For Valeo, Zuken is much more than a software provider; it is a true innovation partner. The power of Zuken’s AI roadmap, combined with the exceptional openness of its architecture, allows us to hybridise our own artificial intelligence tools with their engine. This win-win partnership is the best way to tackle the challenge of automotive complexity by slashing our design times while guaranteeing 100% robustness.”

Ryosuke Takagi, Executive Officer and General Manager – R&D Division, Zuken, added, “Our vision at Zuken has always been to provide intelligent tools that adapt to our customers’ most complex challenges. Collaborating with a technological leader like Valeo pushes our ‘Autonomous Brain’ roadmap to its highest level of performance. By opening our System Planner, Design Gateway, and Design Force solutions to Valeo’s AI agents, we demonstrate that the true power of AI in engineering lies in the alliance between a high-performance software engine and expert industrial know-how.”

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