Stellantis CEO Visits Indian Operations
- By MT Bureau
- October 26, 2024

In what is termed as the Netherland-headquartered automotive group’s long-term vision for India, Stellantis CEO Carlos Tavares was in India recently to see the operations of Jeep and Citroen. These two are among the leading automotive brands within the group that is home to 14 well regarded automotive brands in the world including Chrysler and Fiat. They are present in India – Jeep since 2016 approximately and Citroen since 2021 – and have been making in roads into India with new launches and facelifts.
Paying visit to the group’s Ranjangaon (Pune) plant where the Jeep products are made besides that of Tata Motors since Stellantis has a JV with Tata Motors in India, Tavares is known to meticulously audit the Jeep as well as Citroen offerings. He is also known to have engaged with the local leadership team, select dealer partners and a few others in his effort to gather valuable market feedback that should help put in place a successful strategy for growth.
Tavares has been increasingly under pressure post the less encouraging financial results the Stellantis Group recorded in the first half of the current calendar year. He is being criticised for cutting too deep in terms of his 'lean' strategy.
In the past one year roughly, Stellantis has been battling falling sales, shrinking profit margins and a slew of executive departures. The dealers seem to be frustrated. The investors and union workers don’t seem to be happy either, according to a news report by Nora Naughton in Business Insider.
Created from the merger of FCA Automobiles and the PSA Groupe, Stellantis is claimed to be struggling in USA with Jeep and other brands facing criticism over issues concerning reliability and abrupt discontinuation of models that have been central to the image of a brand simply to keep costs low. A household brand for over 40 years, Stellantis almost abruptly discontinued the Fiat brand in India just before the BS 6 norms came into force.
The two brands in India – Jeep and Citroen – have also seen a change of charge often in the last few years, which does not imply well in terms of customer assurance and market commitment.
While the Citroen Basalt has been well-received, Jeep as a brand has not launched an entirely all-new next generation model of any of its offerings for some years now. In a highly competitive market like India, this may not work in favour of the brand named after the iconic Ford and Willys Jeeps of World War II.
Indian Forging Sector Charts Growth Roadmap Amidst EV-ICE Transition At AIFI Annual Convention
- By MT Bureau
- September 26, 2025
The Association of Indian Forging Industry (AIFI), the apex body for the forging sector, successfully concluded its National Annual Convention in Pune, bringing together industry leaders, policymakers and experts to strategise on the future of the Indian forging industry.
The landmark event focused on charting a clear growth roadmap, exploring opportunities amidst global supply chain disruptions and analysing the evolving outlook for both Electric Vehicles (EVs) and Internal Combustion Engines (ICE).
In his inaugural address, Yash Munot, President, AIFI, emphasised the industry’s need to balance the dual imperatives of sustainability and competitiveness. "India’s automotive and mobility sectors are undergoing unprecedented transformation. At AIFI, we firmly believe that collaboration across industry, academia and policymakers is the key to shaping a resilient future," he stated.
A core theme of the convention was the delicate balance between the EV transition and the continuing relevance of ICE technology in India.
Dr K C Vora of NAMTECH delivered a keynote on the ‘Future of EV & ICE in Indian Scenario,’ highlighting the critical role of EV adoption, supported by policies like FAME II, while stressing the need for continued optimisation of ICE platforms given India's diverse mobility ecosystem.
The second keynote by Prenayan Kaul of PwC focused on navigating global supply chain disruptions, urging forging companies to leverage technology-driven efficiencies and tap into new growth areas to counter headwinds like raw material volatility.
A major highlight of the convention was the signing of a Memorandum of Understanding (MoU) between AIFI and Hexagon. This strategic partnership aims to advance digitalisation and smart manufacturing capabilities within the forging sector, a move AIFI President Munot cited as a testament to the commitment to global competitiveness.
A dynamic panel discussion on ‘Current Industry Scenario - Trends, Opportunities & Challenges,’ moderated by S Muralishankar, further reinforced the importance of resilience, innovation and collaborative growth in tackling current industry trends and governmental policies.
The convention concluded with a reaffirmation of AIFI's mission to strengthen the sector’s role as a vital contributor to India’s economic growth, aligning actively with national priorities such as ‘Atmanirbhar Bharat’ and the transition towards sustainable mobility.
Epsilon Advanced Materials, Phillips 66 Partner To Power US EV Battery Manufacturing
- By MT Bureau
- September 26, 2025

Epsilon Advanced Materials (EAM), a leading global manufacturer of sustainable battery materials, and Phillips 66 have forged a strategic alliance to bolster the domestic electric vehicle (EV) and energy storage system (ESS) battery supply chain in the United States.
Phillips 66, one of the world’s leading producers of Green and Calcined Needle Coke cokes, which are the critical feedstock required for manufacturing synthetic graphite anodes – a core component of lithium-ion batteries.
As per the understanding, Phillips 66 will supply Green and Calcined Needle Coke from its Lake Charles, Louisiana refinery to Epsilon Advanced Materials. The feedstock secured through this partnership will directly support EAM's ambitious new 30,000 tonnes graphite active anode material facility currently under development in North Carolina.
The facility has completed all necessary permitting milestones and is on track to begin operations in 2027, with an expansion plan to reach 60,000 tonnes by 2030. Once fully operational, the North Carolina plant is projected to supply U.S. battery manufacturers and automotive OEMs with enough graphite active anode material to power approximately million electric vehicles annually, playing a decisive role in scaling sustainable battery production for the nation and enabling clean energy transitions.
Vikram Handa, Managing Director, Epsilon Advanced Materials, said, “This collaboration is a major step in building a secure and sustainable battery materials supply chain for the US. Phillips 66’s expertise in energy and materials, combined with EAM’s capacity and global presence, will ensure reliable, scalable and sustainable graphite anode production to power the EV and ESS industries worldwide.”
The agreement successfully brings together Phillips 66’s operational expertise in material production with EAM’s global expansion goals, reinforcing the collective effort to build a competitive and resilient supply chain for clean energy technologies across multiple regions.
L&T Tech, Siemens Expand Partnership To Accelerate AI Transformation & Smart Manufacturing
- By MT Bureau
- September 26, 2025

Bengaluru-based engineering R&D services major L&T Technology Services has expanded its partnership with Siemens, a leading technology company focused on industry, infrastructure and mobility.
The partnership aims to advance Machine & Line Simulation and IIoT Technology, setting a new benchmark for innovation within LTTS’ sustainability segment, which encompasses process engineering, discrete manufacturing and industrial products.
As per the understanding, LTTS will leverage the digital technology portfolio of Siemens to deliver simulation-driven automation and IIoT-enabled solutions for diverse sectors including automotive & transportation, industrial products and process & plant engineering.
By combining Siemens’ flagship platforms, TIA Portal, Industrial Edge and Tecnomatix, integrated with LTTS’ AI-driven engineering expertise, the partnership will accelerate digital adoption, improve precision in system design and drive faster, smarter decision-making across manufacturing ecosystems.
Alind Saxena, President & Executive Director – Mobility & Tech, L&T Technology Services, said, “Our collaboration with Siemens underscores a shared vision of driving AI-powered innovation and operational excellence across industrial ecosystems. By focusing on robust solutions such as Machine & Line Simulation and IIoT Technology, we are empowering industries to achieve greater agility, actionable insights and measurable business outcomes.”
Suprakash Chaudhuri, Head of Digital Industries, Siemens, said, “At Siemens, we believe that partnerships are the cornerstone of the digital transformation journey for Indian enterprises. By combining deep domain expertise with cutting-edge digital solutions, we can co-create scalable, future-ready innovations that empower industries to thrive in a rapidly evolving world. We are delighted to welcome LTTS as our Solution Partner and look forward to shaping the future of digital transformation together.”
Kinetic India Rolls Out Range-X LFP Battery From Ahilya Nagar Facility
- By MT Bureau
- September 25, 2025

Kinetic India, part of the Kinetic Engineering Group, has rolled out the first unit of its LFP (lithium iron phosphate) Range-X battery from the production line at its Ahilya Nagar facility.
The Range-X LFP battery is powering the company’s recently launched Kinetic DX EV electric scooter. The company shared that the Range-X LFP batteries are designed to be longer, safer & superior, and are equipped with a smart Battery Management System (BMS) to optimise performance, extend lifecycle and ensure consistent reliability.
Ajinkya Firodia, Vice-Chairman, Kinetic India, said, “These first batteries rolling off our production line represent more than just a milestone for Range-X, they signify the backbone of the Kinetic DX EV and the next wave of clean mobility in India. With AIS 156 certification, Range-X delivers on its promise of combining durability, safety, and sustainability in every battery we produce.”
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