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BorgWarner Secures Inverter Program Extensions With European OEM
August 04, 2026
Under the agreement, BorgWarner will supply updated high-voltage inverters for plug-in hybrid vehicles incorporating its Application-Specific Integrated Circuit (ASIC) technology, configured to interface with the OEM's vehicle operating system.
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Rahul Desai Succeeds Amit Srivastava As CEO Of Remsons Industries
August 03, 2026
He previously served as Chief Executive Officer at CIE India, managing multiple business divisions and ten manufacturing plants, and held leadership positions at GKN Sinter Metals and Inteva Products.
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Varroc Appoints Eric Hamon As Chief Technical Officer
August 03, 2026
Before joining Varroc, Hamon was Director – E Axle & System Platforms at Valeo E, where he managed product strategy for electric axle platforms. His career includes work in system engineering, embedded hardware and software development, electric powertr
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Matel Motion & Energy Solutions Secures INR 1.3 Billion In Series B Funding
August 03, 2026
Founded in 2017, Pune-based Matel develops motors, motor controllers and integrated powertrains for automotive and industrial uses, including electric vehicles, pumping and cooling systems.
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AUMOVIO, BMW Group Settle Brake Dispute And Ink EUR 1 Billion Supply Agreement
July 31, 2026
Under the terms of the settlement, AUMOVIO Germany, a subsidiary of AUMOVIO SE, formerly Continental’s Automotive Group sector, will pay BMW EUR 350 million. The settlement amount will be disbursed in two instalments across the third and fourth quarters
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EuroGroup Laminations Appoints Renzo Argentin As Senior Vice President And COO
July 29, 2026
In his role as COO, Argentin will oversee operational evolution, focusing on process refinement, production efficiency, industrial performance and supply chain management.
