Motion plastics manufacturer, Igus India expanded its footprint in the country by inaugurating a new manufacturing plant spanning 92,000 square feet in Bengaluru Thursday. 

The state-of-the-art plant in Mandur near Budigere in Bengaluru comes at a point when the company prepares to focus on new divisions dedicated to the semi-conductor and renewable energy sectors, areas poised for substantial growth. The expansion is part of Igus’s long-term strategy to enhance its operational capabilities and support its extensive customer base in India.

The newly inaugurated facility is a testament to the company’s long-term commitment to India, involving an investment of over INR 1 billion. This financial outlay reflects the company’s dedication to maintaining its competitive edge through innovation and cutting-edge technology. 

Of the total investment, INR 200 million have been allocated for setting up the factory, INR 400 million for advanced injection moulding machines and INR 200 million for enhancing the manufacturing process. The plant’s infrastructure is designed to meet the high standards of motion plastics production, ensuring that Igus India continues to deliver world-class products tailored to the unique demands of the Indian market.

Since its establishment as a wholly-owned subsidiary in 2000, Igus India has become a prominent player in the motion plastics industry, catering to over 19,000 customers across the country. The company’s extensive product catalogue boasts 125,000 parts, which are used in a variety of customer-driven assemblies, many of which are customized and assembled locally. This vast array of products underscores Igus’s commitment to innovation and customer satisfaction, with over 200 new products introduced annually. The company’s ability to adapt to the evolving needs of its customers has been a key driver of its success in the competitive Indian market.

Looking ahead, Igus India has ambitious plans to further strengthen its operational capabilities and market presence. The company is eyeing significant revenue growth, with expectations of reaching INR 3.4 billion in revenue this year. To support this growth and enhance its logistical efficiency, Igus India plans to establish new logistics and assembly centres in Pune, Gurugram and Noida. These new facilities will enable Igus to better serve its customers across India, reducing lead times and improving overall service delivery.

The focus on emerging industries like semi-conductors and renewable energy is a strategic move by Igus India to align itself with sectors that are poised for substantial growth in the coming years. As India continues to invest in its semi-conductor manufacturing capabilities and renewable energy infrastructure, the demand for high-quality motion plastics is expected to rise. Igus India’s expansion positions the company to capitalise on these opportunities, offering innovative solutions that meet the specific needs of these rapidly growing industries.

The opening of the new manufacturing facility in Bengaluru marks a significant milestone for Igus India, reinforcing its position as a leader in the motion plastics industry. With a strong commitment to innovation, customer satisfaction and market expansion, Igus India is well-positioned to achieve its growth objectives and continue delivering value to its customers across the country. 

Emphasising the strategic importance of this expansion, Igus India Managing Director Deepak Paul stated, “The Indian market presents tremendous potential for Igus as demonstrated by our continued growth and investment here. Our objective is to deliver cutting-edge products and solutions not only to our customers in India but also on a global scale. Igus’s global focus on cost-sensitive and sustainable solutions, encapsulated in our motto ‘Tech up, cost down,’ is perfectly aligned with the Indian approach to technology and innovation. This alignment has been a key driver of our significant growth in the country. As we look forward, our plans include expanding beyond Bengaluru, with logistics and assembly centres set to be established in Pune, Gurugram, and Noida.”

 Igus India is currently the 6th largest subsidiary among Igus’s 38 global subsidiaries, a position that reflects its strong performance and growth potential. Over the past two years, Igus India has doubled its market growth, with revenue figures climbing from INR 1.99 billion to INR 3.13 billion. The company expects this upward trajectory to continue. Additionally, Igus India has invested in a clean room testing facility in Germany and plans to establish a similar setup in India, further enhancing its product development and quality assurance capabilities.

Commenting on the occasion, Country Manager and Director Santhosh Jacob said, “Technology and innovation are at the core of everything we do at Igus. With a catalogue of 125,000 parts and 247 new products introduced this year, we are constantly inspired by our customers’ needs to push the boundaries of what is possible. Our ongoing expansion of the motion plastics product world, coupled with the integration of digitalization and AI, is a testament to our long-term corporate strategy. We are making significant progress in embedding digitalization as a key technology at Igus, which will play a crucial role in our future growth and success.”

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Delhi-NCR-headquartered electric vehicle maker Omega Seiki Mobility (OSM) has launched Swayamgati Cargo, which it claims is India’s first autonomous electric cargo three-wheeler.

Priced at an introductory INR 415,000, the EV brings self-driving technology to the logistics and industrial mobility sector, making autonomous operations accessible and scalable for Indian enterprises.

Swayamgati Cargo is based on the Swayamgati passenger autonomy platform and is purpose-built for campus logistics, industrial parks, airports, SEZs, manufacturing hubs, gated facilities, e-commerce fulfillment centres and smart cities. Bookings for Swayamgati Cargo open today, with deliveries beginning this quarter.

The new vehicle integrates OSM’s EV drivetrain with an AI-driven autonomy stack featuring Lidar, GPS, multi-sensor navigation, AI-based obstacle detection (up to 6 metres), geofenced route mapping and remote fleet management controls. The vehicle requires pre-mapped routes, customisable for each client’s operational environment.

With a payload capacity optimised for intra-campus logistics and a driving range of up to 120 km, the vehicle is designed to streamline repetitive cargo movement, reduce manual labour dependency and enhance operational efficiency in controlled zones. OSM aims to deploy 1,500 autonomous cargo and passenger units within the next 24 months.

Global industry estimates suggest autonomous logistics and low-speed autonomous mobility are expected to be among the fastest-growing segments in the USD 620 billion autonomous vehicle market projected for 2030.

Dr. Uday Narang, Founder & Chairman, Omega Seiki Mobility, said, “After the successful launch of Swayamgati for passenger applications, Swayamgati Cargo is our next major step toward building India’s autonomous mobility ecosystem. Industrial parks, manufacturing hubs, and logistics facilities today demand precision, efficiency, and 24/7 reliability. Autonomous cargo EVs are the future of structured logistics. With this launch, we are proving once again that advanced autonomy can be designed, engineered, and produced in India – at a cost that makes sense for businesses across the country.”

Vivek Dhawan, Chief Strategy Officer, Omega Seiki Mobility, said, “Swayamgati Cargo brings intelligent logistics to the ground level. From material handling to last-mile campus transport, this vehicle eliminates human error, cuts operating costs, and ensures predictable movement. Our vision is clear: to democratize autonomy for India’s industries. With strong demand coming from airports, factories, and tech campuses, we see Swayamgati Cargo becoming a critical part of India’s smart logistics infrastructure.”

The cargo variant is built on the same autonomy platform that recently completed a successful Phase 1 pilot on a 3 km route with multiple stops, real-time obstacle detection and seamless autonomous navigation. The cargo-focused configuration now begins deployment for structured logistics environments under Phase 2 commercial rollout.

Swayamgati Cargo is engineered specifically for India’s dynamic, high-density industrial and commercial traffic patterns. Its structure, intelligent navigation, and zero-emission drivetrain make it an ideal solution for industrial material movement, airport baggage and cargo handling, intra-campus goods distribution, warehousing and factory-to-factory transfer, e-commerce fulfillment centre mobility, and gated community and tech park logistics.

At present, Omega Seiki Mobility has two manufacturing facility in Faridabad and one in Chakan (Pune). The company’s international assembly plant in Dubai (Jafza) caters to markets across Asia and Africa. A nationwide network of over 200 dealerships and service centres ensures maintenance, spares availability and operational support.

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Exponent Energy, an energy-tech company based in Bengaluru, has opened its first Exponent Sales Point (ESP) Store in Laggere, Bengaluru. The outlet will showcase the full range of Exponent-enabled three-wheelers and serve as a destination for customers. The store will also operate as a retrofit touchpoint for converting existing CNG/LPG passenger three-wheelers into electric vehicles.

The store creates direct access for auto drivers to explore Exponent-enabled vehicles, experience 15-minute rapid charging, understand the retrofit process and take test drives. Drivers can drop off their CNG or LPG autos and pick up their EV retrofits within 24 hours. Exponent plans to add over 15 touchpoints across Bengaluru by the end of FY2026.

Exponent has launched 5 three-wheelers in partnership with OEMs such as Montra Electric (the Murugappa Group) and Kinetic Green. The store brings all Exponent-enabled models under one roof, allowing customers to explore and purchase with financing options and documentation. Every vehicle comes with a five-year warranty or 3,000 charging cycles. With zero to 100 percent 15-minute rapid charging and access to Exponent’s 70-plus charging points across Bengaluru, the company aims to make the shift to electric practical.

Ayush Bhargava, Head of Business, Exponent Energy, said, “Our first ESP store gives drivers a firsthand experience of the full Exponent ecosystem, from exploring our range of Exponent-enabled vehicles to seeing how existing vehicles can be upgraded. This is a buying experience auto drivers have never had before, combining clarity, choice and convenience under one roof. With this store, we are setting the foundation for a faster, more accessible EV transition and plan to replicate this model across more cities soon. When drivers see how easily they can switch to EVs at lower running costs, the shift becomes inevitable.”

In November 2025, Exponent Energy entered the EV retrofit business with its newly launched retrofit technology, Exponent Oto, capable of converting any CNG or LPG auto into an electric vehicle in just 24 hours. With zero down payment, flexible EMIs and an assured buyback after three years, Exponent makes the transition to electric simple. Exponent Oto allows drivers to save up to INR 5,000 every month, even after accounting for charging and EMI costs.

Exponent was co-founded in 2020 by ex-Ather executives Arun Vinayak and Sanjay Byalal. The company worked on its battery pack (e^pack), charging station (e^pump), and charging connector (e^plug) that together unlock a 15-minute rapid charge and give 3,000 cycle life warranty for EVs – all done on a range of lithium-ion cells.

The company has over 2,500 EVs powered by Exponent tech on the roads of India, 150-plus charging stations, over 1 million rapid charging sessions completed and over 50 million kilometres covered. The company has expanded to four new cities within two years.

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South Korean automotive major Hyundai Motor Group held a topping-out ceremony for its Future Mobility Battery Campus in Anseong, Korea, marking a step in advancing battery technology and enhancing global electric vehicle competitiveness.

The event marked the construction progress since breaking ground in January 2025 and reaffirmed the Group’s vision to lead future mobility through next-generation battery research and development infrastructure. The campus represents a KRW 1.2 trillion investment, spanning approximately 197,000 square metre. The site is expected to be completed by end-2026.

Heui Won Yang, President and Head of the R&D Division at Hyundai Motor Group, said, “Through the Future Mobility Battery Campus, we aim to seamlessly connect the entire battery ecosystem to foster cross-industry collaboration and accelerate technological advancement. We are committed to strengthening Hyundai Motor Group’s EV battery competitiveness and advancing global electrification through strategic collaborations.”

The Future Mobility Battery Campus will serve as the Group’s first comprehensive battery research and development hub, enabling Hyundai Motor Group to internalise battery capabilities, including cell design, process engineering and integrated control systems linked to EV battery management.

While existing centres focus on initial cell and process design and validation at the unit level, the new campus will conduct continuous process validation. This approach ensures consistent quality and reliability under conditions that consider real-world vehicle application.

The key focus areas include:

• High-Precision Validation: This includes battery cell production process replication, an integrated testbed for iterative validation and battery lifecycle testing.
• Next-Generation Battery Development: Initially focusing on high-performance lithium-ion cells for EVs and Extended Range Electric Vehicles (EREVs), the scope will expand to diverse formats and materials and adaptability for future mobility.
• Digital and AI Integration: This involves AI-based tools and automated testing for predictive modelling and automation, along with big-data analytics to improve reliability and performance.

Hyundai Motor Group aims to build stronger partnerships with battery manufacturers and drive shared growth across the battery value chain. The campus will provide infrastructure and data-driven insights that enable faster technology commercialisation and validation processes.

Beyond EVs, the Future Mobility Battery Campus will enhance readiness for robotics, Advanced Air Mobility (AAM) and other future mobility sectors.

During the ceremony, the Group signed an MoU with Gyeonggi Province, Anseong City, and Gyeonggi Housing and Urban Development Corporation to foster a battery industry ecosystem and attract related businesses. This partnership underscores the Group’s commitment to creating an industrial cluster that supports technological advancement and sustainable economic development.

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Japanese technology company Pioneer Corporation has announced it will attend CES 2026 in Las Vegas from 6-9 January 2026. The company plans to showcase its recent accomplishments in devices and solutions for software-defined vehicles (SDVs) and motorcycles.

These solutions leverage Pioneer's expertise in in-vehicle acoustic environments, human-machine interface (HMI) and connectivity technologies.

The presentation will cover several areas:

• Integrated Sound Platform: This platform is scalable, allowing diverse automakers to install Pioneer's or other vendors’ sound solutions tailored to their models. The software-enabled hardware design allows for lighter parts and components, contributing to lighter vehicles and improved fuel economy, while optimising costs. Visitors can experience three types of sound systems (entry-level, premium, and luxury) in a demo vehicle.
• Spatial Audio System: An advanced audio system, adaptable to vehicles including older models, provides drivers and passengers with a high-quality spatial audio experience. This innovation is the culmination of Pioneer’s expertise in in-vehicle acoustics, coupled with technologies. Visitors will experience multi-channel spatial audio and a sense of presence in a demo vehicle.
• Entry-level Cockpit Domain Controller (CDC): A newly developed CDC is designed for budget-friendly vehicles, offering a cost-effective alternative for flexible display and control design. This CDC shares fundamental design with Pioneer’s existing IVI software without employing a hypervisor, enabling entry-level vehicles to benefit from cockpits.
• AI-enabled Camera Solutions: Next-generation automotive-grade AI-enabled camera platforms elevate driver safety by enhancing visibility and eliminating blind-spots and also deliver personalised driving experiences. Pioneer will showcase a demo vehicle equipped with ten AI-enabled cameras, designed for factory-installation by automakers, providing the driver with 360-degree surround view during driving, parking, and poor weather scenarios. The company will also showcase its drive recorder portfolio, which encompasses a connected smart camera featuring real-time driver monitoring, alerts and driving diagnostics, as well as digital mirrors, modular dashcams and other accessories available for factory installation and as add-ons to enterprise fleets.
• Connected Solutions for Motorcycles: Software-defined solutions for motorcycles will be unveiled, encompassing meter clusters, onboard camera devices, and other connected solutions. Live demonstrations will showcase services made possible by Pioneer Ride Connect, which integrates Bluetooth Low Energy (BLE) between smartphones and onboard devices, AI technology for enhancing the safety and entertainment of motorcyclists and unique HMIs that facilitate an intuitive user experience.

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