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Sterling Tools Partners UK’s Advanced Electric Machines To Make Rare Earth Magnet Free Motors In India
May 14, 2025
It expects that the traction motors market will to grow to around INR 150 billion by 2030.
MT Bureau
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BorgWarner Extends Four EGR Contracts; to Supply eMotor
May 12, 2025
BorgWarner has extended its business with a major North American OEM regarding four EGR system volume contracts. For the supply of eMotor, the automotive supplier has entered into an arrangement with a major, North American-based OEM to supply its 400V SW
MT Bureau
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Motherson Sumi Wiring India Grows Q4FY25 Revenue By 7.1%
May 11, 2025
The company, a leading automotive wiring harness manufacturer, remains a key supplier to nine out of the top 10 highest-selling passenger vehicle models in India for FY25 – a testament to its sustained market leadership and deep OEM partnerships.
MT Bureau
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BorgWarner Bags Two Orders For Dual-Clutch Programs in China
May 09, 2025
The two new business orders are from a Chinese transmission manufacturer and an extension from a German OEM in China.
MT Bureau
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Bosch Reports Dip in 2024 Revenue, Focuses on Growth Through Strategy 2030
May 08, 2025
The company has also announced EUR 250 million investment in startups via Bosch Ventures and plans to double its Scope 3 emissions reduction target to 30 percent by 2030.
MT Bureau
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Bharat Forge Navigates Global Headwinds, Defence Orders Provide Strong Tailwind in FY2025
May 08, 2025
Looking ahead to FY2026, Bharat Forge outlined its strategic focus on improving consolidated profitability through several internal actions. These include reducing losses in the e-mobility vertical, evaluating options for the steel business in Europe, imp
MT Bureau