Meta Materials Circular Markets (MMCM) has launched what it claims is the world’s first carbon credit methodology for recycling end-of-life vehicles (ELVs)in partnership with global certification body Cercarbono. The methodology was unveiled during the Asia Climate Summit.

The new framework, titled Recovery and Recycling of Materials from End-of-Life Vehicles, enables carbon credit generation through structured dismantling and recycling of materials such as metals, plastics, and glass. The recycled outputs replace virgin raw materials, reducing emissions and promoting circularity within a certified climate finance structure. The formula was unveiled in association with Cercarbono, a leading global environmental project certification standard during the Asia Climate Summit.

MMCM is a joint venture between NCDEX e-Markets (NeML) and MTC Group. The methodology forms part of Cercarbono’s Carbon Programme and covers eligible materials such as aluminium, steel, copper, plastics (ABS, PET, PP, etc.) and container glass cullet.

Nitin Chitkara, CEO, MMCM, said, “his milestone is deeply personal for all of us at MMCM. What started as a bold idea, rooted in Indian innovation was shaped and strengthened by the many hands and minds who believed in its potential. As we converge efforts towards building circular and low-carbon economies, this is a pivotal moment for us to present Made-In-India as a standardised methodology on a global forum, carrying the spirit of collaboration and shared purpose. Our partners, Cercarbona, played a crucial role in refining every layer of the methodology, making it not just technically sound but globally relevant and ready to implement. With the launch of the ‘Recovery and Recycling of Materials from End-of-Life Vehicles (ELVs),’ we’re introducing a formula that is a practical, proven path to circularity.”

Yashodhan Ramteke, Carbon BU Head at MMCM, said, “The official release of the ELV Carbon Credit Methodology marks a breakthrough for the automotive industry. These credits are not just high-integrity, they come directly from the OEMs’ own end-of-life vehicle value chain. By enabling measurable emission reductions from the recovery, dismantling and recycling of vehicles, this methodology empowers auto companies to take real ownership of their Scope 3 emissions. It’s a practical, circular and scalable climate solution built for the sector – by the sector.”

Alex Saer, CEO of Cercarbono, said “This methodology delivers a concrete response to the growing challenge of vehicle waste. By enabling carbon finance for regulated recycling systems, we not only reduce emissions but also prevent the environmental harm caused by uncontrolled scrapping practices. It’s a climate solution rooted in circularity and equity.”

The methodology applies to Climate Change Mitigation Projects (CCMPs) operating in Registered Vehicle Scrapping Facilities (RVSFs) and supports both greenfield and expansion initiatives. It calculates emissions reductions by comparing recycled material emissions with baseline emissions from virgin production. Only materials transformed into chemically and functionally equivalent substitutes are eligible.

It includes conditions for compliance, traceability, monitoring, exclusion of informal-sector practices, and certification under Cercarbono’s EcoRegistry platform.

ELVs are a rising source of industrial waste, often dismantled in informal scrapyards lacking proper infrastructure, which can lead to pollution from hazardous substances. The new approach provides a regulated, accountable alternative.

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TSUYO Manufacturing Pvt Ltd has appointed Naveen Kumar Amar as Senior Vice President of Finance, effective 1 April 2026. Recognised as a global finance power leader, Amar brings over 20 years of expertise in financial strategy, corporate governance and operational efficiency within capital-intensive industries. His arrival marks a strategic move as the company accelerates growth in the EV powertrain sector.

Before joining TSUYO, Amar was CFO at SpiceXpress, where he led financial restructuring, cost optimisation and drove digitisation projects. He also managed international and domestic fundraising across equity and debt. At TSUYO, he will oversee financial planning, capital allocation, and governance as the company scales manufacturing and deepens EV powertrain investments.

The company recently secured Single Window Clearance from Karnataka Government for a proposed 20-acre EV Powertrain Campus in the Dharwad–Hubli region, a hub for design, testing and production. Last month, TSUYO launched next generation electric motor technologies for India’s light commercial vehicle market, emphasising modular design, deep engineering and Make in India innovation.

The leadership team welcomed Amar, stating his appointment strengthens alignment of capital strategy with long term objectives. TSUYO is also investing in advanced manufacturing infrastructure and localisation of key EV components to reduce import reliance and bolster the domestic EV ecosystem.

Amar said, “I am excited to join Tsuyo at a crucial moment in its growth journey, as the company scales its manufacturing capabilities and strengthens its position in India’s evolving electric mobility ecosystem. With experience across diverse, capital-intensive sectors, I see immense opportunity in building a financially disciplined, execution-focused organisation that can sustain high growth over the long term. The company’s focus on the convergence of deep technology, localisation and large-scale manufacturing presents a unique platform for creating enduring value. I look forward to partnering with the leadership team to enable Tsuyo’s ambition of becoming a globally acclaimed EV powertrain company."

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German automotive luxury brand Audi has launched the new RS 5, featuring a high-performance plug-in hybrid system and a rear transaxle equipped with electromechanical torque vectoring. Marketed as quattro with Dynamic Torque Control, this system manages transverse torque distribution between the rear wheels within 15 milliseconds.

The system enables torque shifts between the rear wheels regardless of the power applied. Unlike mechanical equivalents, it operates during throttle application, off-throttle states and under braking.

It features a High-Voltage Actuator that uses a water-cooled permanent-magnet 400-volt electric motor providing 8 kW and 40 Nm of output. Overdrive Gears components use actuator torque to transfer differences of up to 2,000 Nm to the driveshafts.

The differential consists of a conventional unit with a low lock percentage that distributes applied torque to the left and right shafts.

The technology is designed to reduce understeer and oversteer by directing torque to the wheel with the most grip. If the vehicle begins to oversteer in a bend, the system increases torque at the inside wheel to provide stability. Conversely, it reduces torque at the inner wheel to prevent understeer, redirecting power to the outer wheel for traction.

Control is centralised via the HCP1 (High-Performance Computing Platform), which harmonises driver inputs with environmental data. This platform interprets steering intentions to provide unfiltered transfer to the wheels.

• Electromechanical torque vectoring at the rear axle works in conjunction with front-axle supports:
• Electronic Differential Lock: Enhances front-axle traction via the brakes.
• Brake Torque Vectoring: Provides additional front-end assistance.
• Adaptive Shock Absorbers: The twin-valve units are calibrated with the rear transaxle to improve throttle response and corner entry.

The system allows for customisable driving characteristics through various drive select modes, ranging from a balanced setup to a rear-biased configuration. Audi states the ‘fixed coupling’ of this electromechanical solution ensures torque distribution remains independent of drive torque, a distinction from clutch-based torque splitters.

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International Motors and Ryder System have commenced a joint autonomous truck pilot, integrating a factory-produced autonomous vehicle (AV) into live freight operations. Ryder is the first participant in the manufacturer's autonomous fleet trial programme.

The pilot operates on a daily 600-mile (965km) route along the I-35 corridor between Ryder locations in Laredo and Temple, Texas. The vehicle used is an International LT Series truck equipped with the S13 Integrated Powertrain.

The autonomous trucks will use factory-installed suite including LiDAR, radar and cameras. AI-based SuperDrive autonomous driving software provided by PlusAI. They are designed to operate within existing infrastructure without the requirement for dedicated autonomous terminals.

Initial data from the trial indicates 100 percent on-time delivery and 92 percent autonomous route coverage, conducted under the supervision of a human safety driver. Pre-trip inspections have been completed in under 30 minutes and the company reports improvements in fuel efficiency.

The pilot project aims to validate autonomous technology within an active long-haul logistics network. Identify value propositions for long-haul transport. Gather operational feedback to finalise product features for commercial launch. Collect data on uptime, serviceability and terminal processes.

James Cooper, Head of Autonomous Solutions, International, said, "In partnering with fleet customers to determine path-to-deployment, we're focused on integrating factory-ready virtual driver software into existing transport operations, without the need for dedicated autonomous terminals. The mission is to deliver a quality, OEM-validated solution to ensure our customers receive the reliability and valued experience they trust from International. As an OEM, our target is to provide our customers with an end-to-end solution including vehicles, digital solutions, and operational support services, allowing customers to operate directly from their existing infrastructure and minimising additional complexity. Ryder's participation underscores our shared commitment to practical autonomous fleet deployment. Together, we're working to turn pilots into scalable, commercial solutions."

Seth deVlugt, Senior Director of RyderVentures and New Product Strategy, Ryder, added, "For Ryder, this pilot represents an important step forward—moving beyond terminal- and maintenance-focused trials to evaluating autonomy in live operations. The insights we gain here will help us further understand how autonomy could potentially be applied across portions of the supply chain. Autonomy is informed by real-world operational experience, not test tracks. Operating an AV in an active logistics network with the supervision of a safety driver allows us to validate the technology where it matters most – on a real lane, moving real freight, for a real customer."

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Versigent has completed its separation from Aptiv PLC and launched as an independent, publicly traded company on the New York Stock Exchange.

The separation was finalised through a tax-free spin-off. Aptiv shareholders of record as of 17 March 2026 received one Versigent share for every three Aptiv shares held.

Versigent operates as a provider of signal, data and power distribution systems. In 2025, the business recorded revenue of USD 8.8 billion, net income of USD 528 million and adjusted EBITDA of USD 893 million.

The company maintains engineering centres on four continents and manufacturing operations in more than 25 countries. Its core business focuses on the design and delivery of low- and high-voltage electrical architectures for various end markets.

Versigent has established a financial target to reach USD 1 billion in free cash flow by 2028. Management expects to expand EBITDA margins by more than 200 basis points over the next three years, supported by revenue growth exceeding 3 percent.

Joseph Liotine, CEO, Versigent, said, “Today marks an important milestone as Versigent begins its next chapter as an independent company built on a century of leadership in advanced power distribution solution systems. As demand grows for greater capability with less complexity, our unmatched combination of engineering expertise, advanced manufacturing excellence, and global scale gives us a distinct advantage. Versigent is purpose-built to amplify our customers’ urgent needs to power smarter, faster, and safer features without compromise.”

Doug Ostermann, CFO, Versigent, added, “Versigent is well positioned to unlock greater value as we enter the public markets. We launch with clear priorities and a strong financial profile, including top-line revenue growth of more than three percent and industry-leading double-digit EBITDA margins that we expect to expand by more than 200 basis points over the next three years. Our business is globally scaled, highly engineered and consistently cash-generative, with a path to $1 billion in free cash flow by 2028. Through a balanced and disciplined capital allocation strategy, we are investing thoughtfully in the business while prioritizing attractive returns for shareholders.”

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