Turntide Technologies unveiled its latest range of low and high-voltage power electronics and advanced axial flux motors to meet India’s rising demand for sustainable transportation at the Bharat Mobility Global Expo 2025. The launch aligns with India’s commitment to green mobility and Turntide’s strategy to deliver cutting-edge solutions tailored to the local market.

The Gen 4 series of inverters offers a compact, scalable solution for low-voltage applications (48 V to 80 V), making them an ideal choice for two-wheeler and three-wheelers. Designed for high reliability and flexibility, these inverters enable seamless integration across multiple vehicle platforms, delivering efficiency and performance. For hybrid and electric vehicles, the Gen 5 series, operating at a nominal voltage of 350 VDC and providing up to 400 A peak current, combines robust performance with advanced flux vector motor control, ensuring optimal power delivery.

The newly introduced Gen 6 series of inverters with a voltage range from 48 V to 800 V stands out for its superior efficiency, reliability and adaptability to Indian road and environmental conditions. Engineered to deliver compact and powerful electrification solutions, the Gen 6 series integrates seamlessly with any existing motor or system. It features industry-leading power density, a streamlined design and easy implementation, making it a game-changer for OEM electrification systems. Enhanced software architecture and advanced power electronics ensure exceptional performance for both EV and hybrid applications.

Complementing these innovations, Turntide’s axial flux motors offer high torque density and compact design, significantly improving vehicle performance while reducing energy consumption and overall ownership costs. The motors’ compactness allows for seamless integration in applications with tight space constraints such as hybrid electric vehicles, where space must accommodate both electric and internal combustion engine components.

Engineered in the UK and optimised for local conditions, these motors empower OEMs to create efficient, high-performance hybrid and electric vehicles tailored to Indian consumers.

In alignment with the 'Make in India' initiative, Turntide is dedicated to establishing a strong local supply chain and collaborating with Indian manufacturers. Currently, its power electronics are being produced at Kaynes Technology in Mysuru. This partnership underscores Turntide’s commitment to fostering sustainable mobility and supporting India's growing electrification ecosystem.

“We are proud to be the first in the Indian market to introduce high-voltage-axial-flux-motors that will empower OEMs to rapidly innovate hybrid and electric vehicle offerings. Our USP is bringing clients to production faster with our own axial flux motors, power electronics, software and diagnostics suite,” said Pradumna Walimbe, Managing Director of APAC at Turntide Technologies.

He added, “India is a critical market for us, and our manufacturing collaboration with Kaynes Technology for local power electronics manufacturing reflects our commitment to sustainability and alignment with the ‘Make in India’ initiative. With the Indian electric mobility ecosystem at a pivotal stage, these products deliver unmatched efficiency and performance, empowering manufacturers to meet evolving consumer demands.” 

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American technology company Visteon has launched in-house manufacturing of its next-generation high-resolution Analog and Digital Camera System and Display Backlight Unit (BLU) at its Chennai facility in India. The company said it has initially invested USD 10 million towards developing the manufacturing capabilities.

The new production lines will build analog and digital cameras with 1.3 MP-8MP HD resolution, which it claims offers significantly sharper visuals than traditional automotive cameras. It will support the demanding requirement from modern high-definition in-car displays and are optimised for seamless integration with Advanced Driver Assistance Systems (ADAS), helping drivers park, manoeuvre and navigate with greater safety and precision. 

Sachin Lawande, President and CEO, Visteon, said, “India plays a critical role in our vertical integration strategy. Localising production of camera systems and backlight units strengthens our ability to scale, innovate, and deliver next-generation cockpit technologies more efficiently to global markets.”

Visteon stated that this expansion compliments its existing display manufacturing in India, creating a more cohesive, vertically integrated production ecosystem for next-generation cockpit solutions.

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Pune-headquartered tier 1 supplier Varroc Engineering has announced its financial results for FY2025, with revenue of INR 81 billion, up 8 percent YoY.

The company reported profit after tax of INR 1.69 billion, which was down 46 percent YoY, as compared to INR 3.15 billion for same period last year. This the company attributed due to an exceptional item worth INR 1.47 billion on the back of restructuring of subsidiaries and exit from its joint venture in China.

For Q4 FY2025, the company reported revenue of INR 20.99 billion, up 11 percent YoY, profit after tax of INR 1.03 billion.

Tarang Jain, CMD, Varroc, said, "India has now become the 4th largest economy, and the GDP had a steady growth of 6.2 percent in Q3 FY2025. Softening of Inflation in the last few quarters and interest rates reduction globally encouraged our Central Bank to reduce Repo rate by 50 basis points. Weak growth in consumption, on top of global and regional conflicts and uncertain tariff regime, may impact discretionary spending which can have impact on automotive Industry. However, we remain confident about the medium-to-the-long-term growth prospects of automotive industry.”

He revealed that in FY2025, the company filed 25 patents of which more than 10 patents were already granted to Varroc, bringing the total filings to more than 120 for the company.

“We continue to strengthen our balance sheet and return ratios. The net debt of the company in FY2025 was reduced by INR 2,348 million and as a result the net debt to equity was reduced to below 0.5x at the end FY2025 from 0.64X at the end of FY2024. The absolute net debt figure was INR 7,480 million. ROCE (before tax) for FY2025 was 20.8 percent and free cash flow generation was also healthy at INR 3,116 million or 3.8 percent of revenue before growth CAPEX in land,” he added.

IN FY2025, the company also won new business wins estimated to add INR 11,734 million in revenue, with electric vehicle constituting more than 55 percent of it.

“It is more heartening to see business wins in our overseas operations also, which will improve profitability from FY 27 onwards. Our continuing focus on revenue growth, improvement in gross margin, control on fixed cost and optimization of capex and working capital will enable us to generate healthy free cash flows in the future also,” concluded Jain.

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Samvardhana Motherson International (SAMIL) has announced its financial results for FY2025, demonstrating significant growth across key metrics.

The company reported consolidated revenue of INR 1,136 billion, up 15 percent YoY. Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) rose by 17 percent to INR 108.77 billion, while Profit After Tax (PAT) saw a substantial 40 percent jump, reaching INR 38.03 billion.

Vivek Chaand Sehgal, Chairman, Motherson, said, "Our performance underscores the resilience and adaptability of our business. With a booked business value exceeding USD 88 billion, encompassing both automotive and non-automotive sectors, we have established a robust foundation for future growth."

He further congratulated the Motherson team for an ‘exceptional performance’ over the past five years, achieving record sales and integrating 23 acquisitions despite global volatility, all while maintaining a strong focus on free cash flow and reducing the leverage ratio to its lowest point in five years.

The company also highlighted its strategic advancements, including outpacing the industry by approximately 15 percent through content growth and mergers and acquisitions. Return on Capital Employed (ROCE) improved to 17.2 percent at a consolidated level, even amidst expansions. Net Debt to EBITDA stands at a comfortable 0.9x. Capital expenditure for the year was INR 44.33 billion, calibrated to market dynamics.

Furthermore, 14 greenfield projects are underway, with nine expected to commence operations in FY2026.

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Aumovio, the automotive business of Continental Group, will see Philipp von Hirschheydt, presently CEO, take on the additional duties of the Chief Financial Officer (CFO). This comes on the heels of Karin Dohm’s decision not to take on the intended role of CFO due to personal reasons.

It was on 23 April 2025, German technology company Continental Group revealed the new identity for its Automotive Business – Aumovio at the Auto Shanghai Show 2025.

Stefan E Buchner, Designated Chairman of the Supervisory Board, Auomovio, said, "We deeply regret her decision, but at the same time, have the greatest understanding and respect for her choice. Together with our strong team, we will consistently continue on the path we have begun and lead Aumovio into the future with responsibility and foresight."

The announcement is said to have no impact on the planned spin-off, with Aumovio on track to be listed on stock exchange in September 2025. The company stated that during the transition the existing Finance and Controlling team will take on additional responsibilities to ensure a seamless spin-off.

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