Intending to support India in faster adoption of electric vehicles (EVs) by leveraging entrepreneurial energy of start-up backed by industry leaders, Lithium-ion EV battery maker Grinntech has transformed into a commercial enterprise.

As part of this evolution, the company has attracted industry leaders such as Dr V Sumantran (former Vice- Chairman of Ashok Leyland) and Lakshmi Narayanan (co-founder and former Vice-Chairman of Cognizant) as investors and to serve on the company’s Board of Directors. Besides, K S Manian of Radiance Group and Ucal invested in this company. The company has received about USD2 million from these investors.

Along with a new logo, Grinntech has also unveiled a range of high-tech batteries with unique designs customised to Indian conditions and its proprietary, IoT-enabled BMS to power 2-wheelers, 3-wheelers and tractors/light vehicles.

Grinntech’s journey catalysed with the fundamental truth that the Indian automotive industry’s future is EVs, and India should be self-reliant in EV technologies.

In 2013, Nikhilesh Mishra and Puneet Jain - the two young engineers came together with a passion for making EV industry indigenous. Began with developing the battery swapping model for Tata Ace where interchanging of batteries performed in less than two minutes without any automation, the duo sharpened their focus on 12kW EV conversion kit for the same vehicle. Over 20,000km of field trials conducted to validate the system.

The break-through came with being absorbed at the incubation centre in IIT Madras Research Park in 2017, where they mentored by a leading scientist - Professor Ashok Jhunjhunwala. This period saw the development of lithium-ion batteries for two/three-wheelrs and electric buses. It also gave the company to licence the technology to a few battery manufacturers, including Exide, Amara Raja, Exicom and Cygni. During the last three years, the company generated close to USD1 million, which was ploughed back in research and development. Today, over 80 percent of the staff in the company is involved in its research and development.

After evolving from a pure R & D firm to a manufacturing company, Grinntech is now pushing itself to the operational phase with a modular production system, paying particular attention to cell-characterisation and pack testing. In addition to its new R&D and manufacturing facility in Chennai, the company is exploring a couple of options for a larger manufacturing location to scale up its production capacity.

The new facility will manufacture Robin-72 and Shikhra smart and personalised 2- and 3-wheeler battery solutions using state-of-the-art automated processes and assembly lines. The facility will also manufacture Pintail, an IoT-enabled 2-wheeler starter battery and the Falcon, a larger battery suited to tractors and light vehicles. The modular production layout will allow for easy scaling up as demand grows.

Robin 72 not only provides energy to the vehicle but also makes it smart and personalised. Designed with its patented technology (developed with Qualcomm), it is 7.5 times more capable than an average BMS - battery management system. It makes it most suited for varied EV applications like ride-sharing, delivery services, battery swapping, and personal use vehicles. The battery will last up to five years and it gets up to 80 percent of charge in 40 minutes.

Shikra reduces downtime significantly, thus ensuring better earning opportunities for drivers. Designed with quality materials, it offers segment-best durability, reliability, and longevity. It assures more than 99 percent availability of battery energy. The battery will last for four years and it can get 80 percent of charge in about two hours.

Falcon (96V) is oriented to light-vehicles, including cars, LCVs and light tractors/industrial equipment, and optimised for long-life operation.

Designed, according to JIS standard, Pintail is suitable for IoT enabled petrol 2-wheelers with continuous current draw. The battery offers reliability and life to balance between high current for cranking and long life for the constant current consumption. CAN communication adds smartness and fast charging makes it most suitable for ride-sharing vehicles. The battery can get 80 percent of charge in an hour; it has a life of up to three years.

For all the batteries, the company offers variants with customisable features according to the requirements.

Grinntech works closely with leading global technology companies and cell suppliers, bringing cutting-edge advances in semiconductors, materials, cell-chemistry and formats.”It was always our dream to create a technologically advanced lithium-ion battery product-line built-to-cost for Indian conditions and its production system. We are hopeful that we will catch the fast-growing wave for EV products by Indian customers,” the company founders said.

Mishra said, “When a technology stalwart like Lakshmi Narayanan and a visionary of mobility like Dr Sumantran join hands, I expect nothing less than building up Grinntech’s battery development and manufacturing capabilities to a position of industry leadership. Apart from affordable, high-quality batteries that employ customisable and superior thermal management, we anticipate EV makers and customers will soon require additional capabilities like battery performance analytics and connectivity. With our innovative product range and sophisticated IoT-enabled BMS systems, we are ready for this future.”

Dr Sumantran said, “I am delighted to be a part of Grinntech’s journey when EVs are rapidly gaining acceptance globally and in India, and particularly so at a time when our country has articulated a priority for self-reliance in critical EV technologies. Market conditions will reward those EV battery makers that possess technological and operational competence in the coming years. Grinntech’s combination of performance, quality and economics will play an important part in that journey.”

Narayanan said, “The future of energy is in renewables with significant potential for high growth. Digital technologies such as IoT and data analytics play a crucial role in enabling companies with newer business models to provide much-needed connectedness, high performance and superior customer experience. It is heartening to see start-ups in India boldly embrace technology-driven solutions that can meaningfully address not just India’s challenges but also global ones.”

Off late, Grinntech has been getting inquiries for the supply of batteries to global clients. The anticipated growth of products like E-powered micro-cars, e-bikes, and a range of electrified mobility vehicles in the post-COVID world offers encouraging prospects for companies like Grinntech that possess proprietary technology, a low-cost base, and high-quality products. MT

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TomTom, the location technology specialist, has announced the appointment of Mike Schoofs as Chief Executive Officer and a member of the Management Board. The decision was formalised following approval by shareholders at the company’s Annual General Meeting (AGM). The AGM also confirmed the appointment of Co-founder and former CEO Harold Goddijn to the Supervisory Board, alongside Joep van Beurden, while Derk Haank was reappointed as a member.

Schoofs joined TomTom in 2005 after holding positions at KPN-Orange and Samsung. During his tenure, he has served in various commercial leadership roles globally and within specific regions. In 2023, he assumed the role of Chief Revenue Officer, where he managed the company’s commercial strategy and expanded its enterprise business footprint. A Belgian national based in Amsterdam, Schoofs also serves as an advisor to several European startups.

The leadership transition occurs as the company focuses on the integration of artificial intelligence within location intelligence and the provision of data for its partners. TomTom’s strategy remains focused on scaling its commercial presence across all business segments under the new executive structure.

Derk Haank, Chairman of TomTom’s Supervisory Board, said, “Mike brings extensive commercial leadership experience and deep knowledge of TomTom’s business, built over more than two decades with the company. We are confident that he is well positioned to lead TomTom in its next phase.”

Mike Schoofs, said, “I’m excited to lead TomTom at a moment when location intelligence is reaching a decisive turning point, accelerated by AI and the growing need for trusted, real‑world data. I look forward to creating lasting impact for our customers and our partners.”

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IVECO BUS Academy is incorporating virtual reality (VR) into its training curriculum to support the maintenance and operation of electric vehicles across Europe. The initiative follows a year in which the academy trained 6,100 people across 800 sessions in 2025. This integration aims to address the technical skills required for high-voltage vehicle systems while ensuring safety and operational efficiency.

The use of VR technology allows trainees to perform maintenance procedures in a simulated environment, eliminating physical risks associated with incorrect handling of electrical components. The immersive system enables repetitive practice of technical operations and reproduces complex scenarios that are difficult to simulate in conventional training environments. By utilising these tools, the academy seeks to improve knowledge retention and the long-term proficiency of technical teams.

The academy provides training tailored to the requirements of transport operators, updating its content to reflect changes in energy sources, vehicle technology and industry regulations. These programmes are delivered both at the academy's facilities and on-site at customer premises. The deployment of VR is intended to reduce downtime for vehicle fleets by improving the diagnostic capabilities of service personnel.

Teresa Magno, IVECO BUS Academy, said, “At IVECO BUS Academy, we know that delivering sustainable mobility extends far beyond the product itself. A vehicle is only truly efficient when it is supported by the right services. Fleet availability also relies on the expertise of skilled teams. As technologies evolve, so do the competencies required for diagnostics. With these new educational tools, IVECO BUS Academy confirms its ambition to provide comprehensive solutions, where training becomes a real driver of performance, safety and customer satisfaction.”

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IndiGo Ventures has completed a INR 100 million strategic equity investment in Sarla Aviation, marking a formal entry into the Indian electric vertical take-off and landing (eVTOL) sector.

The funding was part of a recent round led by Accel and Nikhil Kamath. The partnership is intended to establish an infrastructure for air taxi operations across India, specifically targeting transport corridors between zero and 300 kilometres.

Sarla Aviation is a startup focusing on the development of hybrid-electric aircraft platforms. The firm operates a private eVTOL demonstrator and employs an engineering team with previous experience at international firms including Lilium, Joby and Volocopter.

By utilising electric flight technology, the company aims to provide transport services for airport transfers, inter-city commutes and emergency medical runs at lower costs than traditional helicopter services.

The collaboration pairs Sarla's hardware development with the operational infrastructure of IndiGo, India's largest airline. At present, IndiGo operates over 2,000 daily flights across 85 airports and maintains a national network of maintenance, repair and overhaul (MRO) facilities. This investment aligns with global trends where major carriers, such as United Airlines and Delta Air Lines, have backed eVTOL manufacturers to secure future urban air mobility solutions.

Beyond passenger transport, the investment is expected to influence the domestic aerospace supply chain, including the production of composites, avionics and battery systems. Potential routes identified for future operations include Bengaluru Airport to Electronic City and Gurugram to Noida, which could see transit times reduced from over 90 minutes to approximately 15 minutes.

Adrian Schmidt, Co-Founder & CEO, Sarla Aviation, said, “IndiGo’s investment marks a turning point — not just for Sarla, but for the future of how India moves. For decades, Indians have accepted that distance means delay, that geography is a constraint you live with. We believe that era is ending. Having IndiGo — the airline that made flying accessible to hundreds of millions of Indians — stand behind this vision gives it a weight and credibility that we could not have built alone. India has always dreamed big. Now we have the partners to match the dream.”

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German technology company Robert Bosch has announced its 2030 strategy, prioritising technological leadership in automation, electrification and artificial intelligence (AI) to navigate a challenging global economic environment.

Despite geopolitical tensions, the group reported 2025 sales revenue of EUR 91 billion, a slight increase from the previous year. For 2026, the company expects sales growth of 2–5 percent and an improved EBIT margin from operations between 4–6 percent.

The 2025 financial results were impacted by structural and personnel adjustments, resulting in provisions of EUR 2.7 billion. These measures reduced the EBIT margin from operations to 2 percent, down from 3.5 percent in 2024. However, the group maintained a high level of investment, dedicating EUR 12 billion to research, development and capital expenditure. Bosch remains a prolific patent applicant, registering approximately 6,300 patents in 2025.

A primary focus for the company is the advancement of sensor technology and automotive software. The global market for sensors is projected to exceed USD 440 billion by 2031, and Bosch is positioning its BMI5 sensor platform for applications in robotics and automated driving.

In the mobility sector, the firm secured orders worth EUR 10 billion in 2025 for driver assistance solutions and central vehicle computers. The group also expects to deliver more than 7 million components for electric vehicles this year.

The company is diversifying its reach through regional partnerships, including a joint venture with Tata AutoComp Systems in India to manufacture electric motors and axles. In the consumer goods sector, artificial intelligence is being integrated into products such as home appliances and professional power tools to drive sales.

To support future investments and improve capital market access, Bosch will begin publishing interim consolidated financial statements. The group's equity ratio remains high at 41.6 percent, with a positive free cash flow of EUR 300 million recorded in 2025. Total headcount saw a slight reduction of 1 percent during the year, ending with 412,774 associates worldwide.

Stefan Hartung, Chairman of the Board of Management of Robert Bosch, said, “Bosch can deliver the future – even under unfavourable conditions. 2026 will be a year of progress. As a global technology leader, we are committed to shaping the trends of automation, digitalization, electrification, and artificial intelligence, as this also paves the way for profitable growth in our business. An important prerequisite for this are the cost-cutting effects of the structural measures we have already initiated and innovations in all business areas.”

Markus Forschner, Member of the Board of Management and Chief Financial Officer, Robert Bosch, said, “Competitiveness is the foundation for profitable growth – it secures our investments for the future. This strengthens our resilience in the face of upcoming challenges and at the same time boosts our investment capacity for the future.”

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