Bosch MC Battery Service Innovations, a 50:50 joint venture established by Bosch and Mitsubishi Corporation, has secured its first commercial customer for its ‘Battery-as-a-Service’ (BaaS) solution. The platform has officially gone live with the opening of an automated energy service hub in Chizhou, Anhui Province.

The new logistical hub is owned and operated by Shanghai Lingzhou Technology Co. The site acts as a high-volume transit point configured specifically for heavy-duty electric trucks, allowing operators to either swap out spent battery packs or utilise fast-charging bays within a few minutes. The Chizhou station currently processes more than 100 commercial electric trucks per day.

The commercial roll-out aligns with rapid fleet electrification trends in China, where New Energy Vehicles (NEVs) accounted for nearly 30 percent of all heavy-duty truck sales in 2025. Internal market projections from Bosch indicate that over 50 percent of new truck registrations in the country will be fully electric by 2030.

The joint venture's business model separates the acquisition cost of the vehicle chassis from the battery chemistry, mitigating a core hurdle for corporate logistics fleets: accounting for unpredictable battery degradation and its subsequent impact on total cost of ownership (TCO) and residual vehicle asset valuation.

The operational framework of the joint venture utilises a collaborative technical and commercial division between both partners. As per the understanding, Bosch will provide the core software stack for the platform. Real-time operating metrics – including local ambient temperature profiles, instantaneous current loads and historical charging frequencies – are beamed continuously to cloud servers. The algorithms evaluate the exact state of health (SoH) of individual packs, run predictive wear modelling to catch cell stress anomalies and dynamically manage fast-charging protocols to minimise thermal strain.

On the other hand, Mitsubishi manages localised market deployment, regulatory anchoring and downstream financial underwriting. The data harvested through the tracking platform is being funnelled into integrated aftermarket networks to build commercial products, including predictive hardware maintenance contracts, connected usage-based fleet insurance packages and secondary-life battery storage applications.

Thomas Pauer, President of the Bosch Power Solutions division, said, "With this service, Bosch and Mitsubishi Corporation can create real added value for fleets. Although the state of health can decline due to ageing and many charging cycles, our solution allows fleet operators to keep an eye on the battery condition of their vehicles – a decisive criterion for the everyday suitability and total cost of ownership of a fleet."

Qian Yang, General Manager of the joint venture’s local subsidiary in China, said, "Our service hits a local nerve: We support battery-electric vehicles in the fleet business. This holistic approach accelerates the electrification of fleets and optimises the entire battery lifecycle. The combined expertise of Mitsubishi and Bosch is a perfect match for our customers."

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LICO Materials and Ather Energy have announced a partnership to establish a system for the collection and recycling of lithium-ion batteries.

Under this agreement, end-of-life batteries from Ather’s electric two-wheelers will be processed at LICO Materials' facility in Karnataka. The recovered materials will then be reintroduced into the battery supply chain for use by cell manufacturers and vehicle producers.

The initiative aims to address the recovery of materials including lithium, nickel, cobalt, graphite and copper. LICO Materials states that its facility can achieve recovery rates of up to 95 percent.

Gaurav Dolwani, CEO, LICO Materials, said, "India is building one of the world's largest EV fleets and it is doing without domestic reserves of the minerals that power it. That is a structural vulnerability, and battery circularity is the only answer. This partnership means those batteries can be recycled and recovered minerals can be fed into the battery supply chain. We believe this is how India can reduce its dependence on imported critical materials.”

This collaboration aligns with the Battery Waste Management Rules 2022, which require extended producer responsibility within the electric vehicle industry. By recycling battery materials, the companies intend to reduce reliance on imported minerals and support India’s commitment to reach net zero emissions by 2070.

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Bengaluru-based deeptech start-up Vimag Labs has been granted a patent in India for its Virtual Magnet Synchronous Motor (VMSM) platform titled ‘A Robust Rotating Transformer Excited Synchronous Motor and Its Control’, which protects the architecture of the motor that does not require magnets.

The VMSM platform uses power electronics and algorithms to control its magnetic field. Vimag Labs claims that the motor functions without the rare-earth magnets typically found in permanent magnet motors. This is the 5^th patent granted to the company, which also has ten patents pending and 15 trademarks filed.

The company is conducting pilot programmes with manufacturers of two-wheelers and passenger cars. Future expansion plans include light commercial vehicles, commercial vehicles and industrial systems.

Manish Seth, Co-Founder and CEO, Vimag Labs, said, “This patent is the outcome of over 87,600 engineering hours. It strengthens every dimension of our commercial roadmap- OEM partnerships, licensing, manufacturing scale-up, and future growth. Our long-term vision is to build scalable, software-driven, magnet-free motor systems for global electrification. This innovation strengthens India’s deep-tech base across electric mobility, power electronics, robotics, defence, and clean-energy systems.”

Vimag Labs recently raised USD 5 million in a Series A funding round led by Accel, with participation from Chakra Growth Fund and Thinkuvate. The company has also signed a manufacturing memorandum of understanding with Jendamark.

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Tier 1 automotive supplier Autoliv and Chinese automotive major XPENG have signed a strategic cooperation framework agreement to develop mobility solutions for global markets. The partnership aims to facilitate collaboration across technology development, digitalisation, supply chain coordination and sustainability.

As per the agreement, Autoliv will use its global presence and expertise in automotive safety systems to support XPENG’s product development and international expansion. The collaboration is designed to combine Autoliv’s safety standards with XPENG’s work in electric vehicles, AI, autonomous driving and robotics.

Mikael Bratt, President and CEO, Autoliv, said, "XPENG is striving to explore the future of mobility, and Autoliv is proud to support that journey. As vehicles become smarter, safety must be integrated from the very beginning. This agreement reflects our shared commitment to innovation and safety, combining XPENG's innovation in smart mobility with Autoliv's global safety expertise to help make the next generation of mobility safer."

The companies intend for the agreement to improve innovation efficiency in response to changes in the automotive industry, including electrification, connectivity and globalisation.

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Krafton India, the studio behind the popular mobile game – Battlegrounds Mobile India (BGMI), has announced that Italian supercar brand Ferrari will be added to BGMI as part of the 4.5 update, starting from 16 July 2026.

The collaboration brings four models to the game: the Roma, Purosangue, LaFerrari and SF90 XX Spider. These vehicles will be available for over 260 million players to collect through in-app purchases. The update will also introduce a Ferrari-themed photo zone where players can interact with the vehicles and installations. This space will include animations for players to use with teammates.

Players will be able to drive the vehicles from 16 July to 7 September 2026. Further information will be provided on BGMI’s social media channels regarding event dates and trailers. The partnership between Krafton and Scuderia Ferrari HP was established in December 2025.

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