Michelin joins Antin and Enviro To Set Up Tyre Recycling Technology Plants
- By MT Bureau
- February 26, 2024
In what is a major development on a global scale, Michelin has joined Antin and Enviro to announce the construction of first end of life tyre-recycling plant in Sweden.
The final investment decision for the construction of the used tyre recycling plant in cooperation with Antin and Enviro is expected to lead to the building of a series of plants in other locations across Europe as well.
With Antin a majority shareholder of the joint venture, Michelin is a minority shareholder. Enviro has an option to become a significant minority shareholder.
The construction of the Swedish facility already under way, all the necessary environmental and building permits and authorisations have been obtained. The facility is expected to be operational during 2025.
The initial aim is to process approximately 35,000 tonnes of used tyres per annum. The facility would create up to 40 green jobs in the local community during its first phase.
Multi-year supply contracts
In addition to obtaining financing for the construction of the facility, the cooperative venture has bagged a series of multi-year contracts regarding the supply of end-of-life-cycle tyres as well as recovered carbon black and pyrolysis oil.
In this context, Michelin is employing an approach of proactively supporting the development of used tyre recycling ecosystems. It is committed to collaborating on the future developments of the joint venture. For example, Michelin has signed a multi-year supply agreement regarding carbon black and pyrolysis oil.
One million tonne
Planning to build factories throughout Europe to target a total annual recycling capacity of one million tonnes (of used tyres), the construction of the next facility will be undertaken after the Swedish become operational.
Efforts would be made to ensure a rapid rollout of this technology with Antin and Enviro agreeing to a financing plan for the construction of factories across European continents.
The development comes against the backdrop of rising volume of discarded tyres that have reached the end of their life cycle. They are now annually amounting to 3.5 million tonnes within Europe.
The joint venture facility will help to drive tyre recycling technology forward and recover carbon black and oils that may then be used in the manufacturing of tyres and in the petrochemical industry.
“Michelin has strongly supported the creation of this joint venture between Enviro and Antin. The undertaking began in 2020 when Michelin became a shareholder in Enviro to support the maturation of this technology. Today, we are moving on to a new step with the finalization of the investment for the construction of this first factory in Sweden. The launch of this ambitious industrial program, which is expected to be developed on a European scale, perfectly echoes the strategic objectives of the Michelin Group to reach 100 percent renewable and recycled materials by 2050, reducing the overall environmental impact of its tires,” said Maude Portigliatti, High-tech Materials Business Director – Member of the Michelin Group Executive Committee.
“Antin is delighted to join Enviro and Michelin to announce approval for the construction of the first of several plants planned by the joint venture. We are excited to help create a fully circular platform which will restore end of life tires to its constituent raw materials that will be sustainably used over and over again. This is part of Antin NextGen’s strategy to focus on proven technologies that require substantial capital to scale.” Mentioned Anand Jagannathan, Antin Senior Partner.
“The plant in Uddevalla will be the joint venture’s first full-scale tire recycling plant and a first important step in our joint effort to create the world’s first large-scale tire recycling group. Together we will play a crucial role in the industrial transformation needed for a more sustainable future”, commented Alf Blomqvist, Chairman of Scandinavian Enviro Systems.
ZF, BMW Sign Long-Term Supply Agreement For Drive Technologies
- By MT Bureau
- February 03, 2026
German tier 1 supplier ZF Friedrichshafen and the BMW Group have entered into a long-term supply agreement for passenger car drive systems. The contract, valued at several billion euros, extends until the late 2030s.
The agreement focuses on the supply and continued development of the 8-speed automatic transmission (8HP). The partners aim to support low-emission mobility and maintain technological flexibility during the industry transition.
A central component of the partnership is the technical evolution of the 8HP transmission kit to meet the requirements of electrified drives. The development will focus on increasing efficiency and performance for future vehicle concepts.
Mathias Miedreich, CEO of ZF, said, “Together with BMW, we are sending a strong signal for innovation, efficiency, and sustainability in an industry undergoing dynamic change. This agreement highlights the strategic importance of our 8-speed automatic transmission as a key technology for the transformation of drive systems.”
The duration of the contract provides both ZF and BMW with planning stability in a changing market. ZF aims to strengthen its position as a system supplier while reducing risks through close collaboration with the carmaker.
Sebastian Schmitt, Head of ZF's Electrified Drive Technologies division, explained, “The new agreement with BMW shows how important long-term planning horizons are for technological advancements. It creates clarity and stability for both companies and enables us to align the next generation of the 8HP specifically toward efficiency, performance, and long-term viability.”
Leapmotor Selects Aumovio For Safety Technologies
- By MT Bureau
- February 02, 2026
Aumovio has entered a supply agreement with Chinese electric vehicle manufacturer Leapmotor to provide safety components for the carmaker’s B and C platforms.
Several models within Leapmotor’s B platform now utilise Aumovio's long-range radar, electric parking brake and airbag control unit (ACU). Models on the C platform, including the C10, C11 and C16 SUVs, feature the latest generation of the MK C2 one-box brake system, alongside the long-range radar and ACU.
The project was completed with a development cycle approximately one-third shorter than traditional automotive timelines. Aumovio attributed its speed to ‘local-for-local’ strategy in China, where the company operates 20 sites and employs around 10,000 staff. In 2024, Aumovio held a 14 percent share of market revenue in the region.
The supplied technologies include:
- MK C2 Brake System: A unit combining the master cylinder, electronic brake system, and brake booster. It is produced locally in Shanghai.
- Long-Range Radar: A sensor with a detection range of up to 280 metres, used for driver assistance across both platforms.
- Airbag Control Unit (ACU): Integrated with crash satellite sensors, these components are manufactured in Changchun.
Boris Mergell, Head of the Safety and Motion business area at Aumovio, said, “Pairing ‘China speed’ with ‘German quality’ technologies helped us to support a rapid roll-out with our latest safety technologies. This underscores Aumovio’s course towards an adaptive powerhouse that works flexibly and closely with customers to innovate. It also shows that we continue to strengthen our customer relationships in the important market China.”
The partnership supports Leapmotor’s international presence. The B10 and B05 models, which feature Aumovio's ACU and radar technology, were showcased at the IAA 2025 in Munich as part of the manufacturer's European entry.
LTTS Secures Multi-Year Deal From Automotive OEM For Engineering And R&D
- By MT Bureau
- January 28, 2026
Bengaluru-headquartered ER&D company L&T Technology Services (LTTS) has announced a multi-year engagement within its mobility segment from an automotive manufacturer. The agreement involves software, connectivity and digital engineering services across vehicle technology domains. This win follows the company’s investments in R&D labs and mobility infrastructure designed for programs with global manufacturers.
The engagement covers mobility engineering capabilities, including embedded systems, digital platforms, verification and validation, cloud integration and cybersecurity. LTTS intends to use its engineering expertise and delivery frameworks to support the customer's technology roadmap.
At present, LTTS operates 22 design centres and 100 innovation labs globally.
The agreement strengthens the partnership between LTTS and the automotive manufacturer in the area of mobility engineering. The company provides design, development, and testing services across the mobility, sustainability, and tech segments.
Alind Saxena, Executive Director and President, Mobility and Tech at L&T Technology Services, said, “We are proud to deepen our partnership with the valued customer through this strategic engagement. LTTS brings together domain-led engineering, secure development practices and excellence in global delivery to accelerate the future of premium mobility. The win reflects the trust placed in our teams and our commitment to delivering world-class engineering at scale”.
Valeo And NATIX Network Partner To Develop Open-Source World Foundation Model
- By MT Bureau
- January 25, 2026
French technology company Valeo and NATIX Network have announced a partnership to develop a multi-camera World Foundation Model (WFM). The project combines Valeo’s research in artificial intelligence and generative modelling with NATIX’s decentralised physical infrastructure network (DePIN) to create an open-source platform for autonomous driving and robotics.
The initiative aims to move beyond perception-based models by creating a system capable of predicting future states and reasoning about physical interactions in a four-dimensional environment. The model will be trained using NATIX’s data network, which has collected 600,000 hours of video data across the US, Europe and Asia over seven months. This data provides the multi-camera inputs necessary for the spatial perception required by autonomous vehicles and robots.
The partnership builds upon Valeo’s existing open-source frameworks, VaViM (Video Autoregressive Model) and VaVAM (Video-Action Model). While these frameworks were previously trained primarily on front-camera datasets, the integration of NATIX’s multi-camera network expands the AI’s field of vision to 360 degrees.
Under the open-source framework, the partners will release models, datasets and training tools. This approach is intended to allow the research community to fine-tune models and benchmark physical AI across various driving conditions and geographic regions. The collaboration seeks to accelerate the deployment of end-to-end AI models by learning from real-world edge cases captured by vehicles in operation.
Marc Vrecko, Chief Executive Officer, Valeo’s Brain Division, said, “Since our creation in 2018, Valeo’s AI research center has been at the forefront of AI research in the automotive industry, especially in the fields of assisted and autonomous driving. Our goal has always been to advance mobility intelligence safely and responsibly. By combining Valeo’s generative world modeling research expertise with NATIX’s global multi-camera data, we are accelerating both the quality and the accessibility of next-generation end-to-end AI models, enabling the research community to build upon strong open models.”
Alireza Ghods, CEO and Co-Founder, NATIX, added, “WFMs are a once-in-a-generation opportunity — similar to the rise of LLMs in 2017–2020. The teams that build the first scalable world models will define the foundation of the next AI wave: Physical AIs. With our distributed multi-camera network, NATIX has a clear advantage of being able to move faster than large OEMs.”

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