Forvia Hella Elevates Subramanian Narayanan As Head of Global Development Center India
- By MT Bureau
- June 18, 2025
Tier 1 automotive supplier Forvia Hella has announced the appointment of Subramanian Narayanan (Subu) as the new Head of Global Development Center India.
It was in May 2001, Narayanan started his journey in the automotive industry as a Product Designer at Visteon Corporation.
In 2005, Subu joined the Forvia Hella Group (formerly Hella Lighting and Faurecia) and over the course of nearly two decades, he held various positions in the company. Most recently, he was the Head – Technical Center and Program Management.
In his new role, Narayanan will be tasked with leading new product development and technological trends for Forvia Hella.
Minda Corp Reports INR 3.58 Billion Net Profit In FY2026
- By MT Bureau
- May 22, 2026
Minda Corporation, the flagship company of Spark Minda, has announced its financial results for Q4 FY2026 and FY2026.
The company reported its highest-ever consolidated revenue of INR 61.85 billion, up 22.3 percent YoY, EBITDA of INR 7.21 billion and a profit after tax of INR 3.58 billion, with a margin of 5.8 percent.
For Q4 FY2026, the revenue was the highest-ever for a quarter at INR 17.04 billion, up 29 percent YoY, EBITDA of INR 2.03 billion and a net profit of INR 1.24 billion, with a margin of 7.3 percent.
The company attributed the robust growth to a strong product portfolio, an expanding customer base and a focus on product premiumisation.
In FY2026, Minda Corporation strengthened its position as a leading automotive supplier with two strategic global partnerships: Toyodenso Co, Japan, for the manufacturing and sale of advanced automotive switches, and a JV with Turntide Technologies, UK, for next-generation powertrain solutions for the electric vehicle industry.
The idea is to localise globally proven technologies for its customers in India, while offering premium solutions to meet domestic requirements.
Ashok Minda, Chairman and Group CEO, Spark Minda, said, “FY2026 was a year of consistent execution and steady progress for Minda Corporation. Despite a dynamic market environment, we delivered stable growth supported by demand across key vehicle segments, particularly in the 2W and CV categories. Policy measures such as GST rationalisation and the ‘Make in India’ initiative supported cost efficiency and improved affordability. We continued to invest in R&D and technology partnerships to strengthen our product offerings. Our focus remains on operational efficiency, customer relationships and disciplined financial management, as we work towards sustaining growth and creating long-term value for all stakeholders”.
Bosch Secures Major Electric Motor Contract From Mercedes-Benz
- By MT Bureau
- May 22, 2026
German technology company Bosch has received a major contract from Mercedes-Benz to supply electric motors into the 2030s for the premium carmaker’s next generation of electric powertrains.
The announcement follows a strong operational period in 2025 during which Bosch secured more than 70 e-mobility customer projects globally. The supplier currently provides electric vehicle technology and solutions to more than 50 automotive manufacturers worldwide.
The e-motors are built on a scalable platform architecture, allowing the length of the motor to be adjusted depending on the required power output. This flexibility permits integration into various vehicle models and axle variants.
Bosch claims its motors achieve up to 98 percent efficiency due to updated winding technology. The units utilise an innovative rotor oil cooling system to optimise heat dissipation. The compact design combines high efficiency and optimised cooling to reduce overall weight, installation space, and system costs.
The German tier 1 supplier targets the production of more than 7 million components for electric vehicles in 2026, with an existing manufacturing rate of approximately seven electric motors per minute globally.
For the Indian market Bosch has formed a joint venture with TataAutoComp Systems to develop, commercialise and manufacture e-axles specifically for the domestic market.
In China, Bosch serves more than 30 customers, working with almost all domestic car manufacturers alongside international brands operating in the region.
The company's portfolio spans from silicon carbide chips to complete powertrain setups, including ‘X-in-1’ solutions that bundle the electric motor, power electronics, transmission and energy management into a single system.
Markus Heyn, Member of the Bosch Board of Management and Chairman of Bosch Mobility, said, “The new order reaffirms our long-standing partnership with Mercedes-Benz and shows that we can successfully contribute our expertise to technologically demanding projects as well. We win over customers with our core competence of being able to develop and manufacture complex technology in large quantities with significant economies of scale worldwide. We deliver electric-driving solutions to all markets around the world.”
Marco Zehe, President of Bosch’s Electrified Motion division, added, “We already work with almost all Chinese car manufacturers, as well as with numerous international automakers operating in China.”
Emobi Announces AKX Electric Two-Wheeler Featuring Musashi e-Axle Technology
- By MT Bureau
- May 21, 2026
Bengaluru-based electric vehicle start-up Emobi has announced that its upcoming model, the AKX, will be powered by the e-axle EV drive unit developed by Musashi Seimitsu Industry. This marks the second collaboration between the two companies, following the launch of the Kyari model in November 2025.
The partnership aims to address the specific demands of India’s electric two-wheeler and last-mile mobility sectors. The integration of Musashi’s e-Axle technology is designed to improve vehicle acceleration, torque and overall efficiency, providing performance that is competitive with internal combustion engine vehicles.
Naoya Nishimura, CEO, Musashi India & Africa Regions, said, “At Musashi, we are focused on developing next-generation mobility technologies that address the evolving needs of electric transportation. We are pleased to strengthen our collaboration with Emobi through the AKX, which is the second model to integrate our e-axle technology. India’s EV ecosystem presents significant opportunities, and we believe our e-axle solution can help enable performance, efficiency and a smoother riding experience tailored to the requirements of Indian consumers.”
Musashi’s e-Axle utilises proprietary reduction gear technology, drawing on the company's experience in transmission manufacturing.
The drive unit will come with high pick-up torque and smooth acceleration. It will be designed to provide quiet operation and reliability for urban and commercial use. It is said to be engineered for real-world Indian riding conditions.
Bharath Rao, CEO and Co-Founder, Emobi, added, “AKX has been designed with the needs of India’s electric mobility market in mind. The integration of Musashi’s e-axle technology enhances the vehicle’s acceleration, torque and overall riding experience, while staying focused on efficiency and reliability. This collaboration reflects our commitment toward building EV solutions that are practical, high-performing and ready for real-world Indian conditions.”
BorgWarner Secures Turbocharger Supply Contracts With European Automaker
- By MT Bureau
- May 18, 2026
American automotive component maker BorgWarner has secured multiple turbocharger supply contracts with a European automotive manufacturer to support its passenger car and van programs.
The agreements include extensions of current supply contracts and a conquest business acquisition for several combustion engine platforms. The production is scheduled to commence in phases from Q2 2026 to Q2 of 2029.
The contracts cover turbocharger solutions for both petrol and diesel vehicle programs. The technologies to be supplied include variable turbine geometry, twin-scroll wastegate and regulated two-stage turbocharging systems. These components are designed to assist the vehicle manufacturer in meeting emission, fuel economy and engine performance targets.
Dr Volker Weng, Vice-President of BorgWarner Inc. and President and General Manager, Turbos and Thermal Technologies, said, “These business wins reflect BorgWarner’s strong turbocharging technology portfolio, our competitive solutions and the trust we have built with this long-standing customer. As the industry continues to demand highly efficient combustion solutions, BorgWarner remains committed to delivering advanced turbocharger technologies, reliable supply and strong launch execution for our customers around the world.”
Manufacturing for these programs will take place at BorgWarner’s production facilities in Rzeszów, Poland and Kirchheimbolanden, Germany. The supply agreements cover high-volume vehicle launches across multiple global markets.
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