Browsing: Industry Collaborations

“The automotive industry continues to undergo massive transformation, adopting new technology at a pace never seen before,” says Marques McCammon, President, Karma Automotive.

Daimler India Commercial Vehicles (DICV), to provide customised financing options for its commercial vehicle clients and dealerships, a wholly-owned subsidiary of Daimler Truck AG has announced a strategic partnership with Bajaj Finance, a division of Bajaj Finserv Group, one of India’s largest financial conglomerates. The goal of this partnership is to make financing options more easily accessible and convenient for all of DICV’s commercial vehicle inventory.

SUPER73, the American lifestyle adventure brand specializing in electric motorbikes, announced its innovative partnership with PedalAce, the premier provider of e-bike safety courses. This collaboration aims to elevate the riding experience by promoting safety, education, and community engagement for eBike enthusiasts across the United States.

AISIN CORPORATION and the BMW Group have agreed on a strategic partnership. The aim of this partnership is a cooperation in the field of build-to-print e-axle production by AISIN based on a BMW Group design.

Hinduja Tech Limited has signed a definitive agreement to acquire TECOSIM Group, expanding its presence in European and international markets and solidifying its status as a leading provider of mobility engineering services. This acquisition will enhance Hinduja Tech’s global delivery capabilities and provide a nearshore delivery offering for European customers. TECOSIM, with over 650 employees, brings extensive expertise and innovative solutions, strengthening Hinduja Tech’s market reach and service offerings. The deal is expected to close in the coming months, pending regulatory approvals.

Hyundai Motor India Limited (HMIL) has signed an MoU with CHARGE ZONE to bolster HMIL’s EV roadmap in alignment with the Government of India’s EV adoption strategies. CHARGE ZONE will install DC 60 kW fast chargers across 100 HMIL dealerships in India. The MoU was signed by Jae Wan Ryu, Function Head – Corporate Planning at HMIL, and Kartikey Hariyani, Founder & CEO of CHARGE ZONE, at HMIL’s headquarters in Gurugram, Haryana.

Mahindra Last Mile Mobility Limited (MLMML) has announced a strategic partnership with Ecofy. This collaboration aims to accelerate the adoption of electric three-wheelers in India, combining Mahindra’s manufacturing expertise with Ecofy’s innovative financing solutions. Suman Mishra, MD & CEO of MLMML, emphasized the partnership’s role in making green mobility accessible and affordable, supporting micro-entrepreneurs with tailored finance solutions.

Altair has signed an MoU with the Automotive Research Association of India (ARAI) to foster technology and digital transformation in the automotive and heavy engineering sectors. This collaboration will leverage digital twin technology, data-driven design, and AI-powered engineering solutions to drive innovation and sustainability. Both organisations will work together to enhance digital transformation and product development.

Gaurav Gupta, Chief Growth Officer at JSW MG Motor India, emphasized their commitment to enhancing the EV ownership experience and accelerating EV adoption. The partnership aims to make EV fast charging more convenient and accessible, facilitating hassle-free long-distance journeys.

As part of the EV4ECO scheme for the electric mobility ecosystem, the Small Industries Development Bank of India (SIDBI), the…