Nissan Formula E

Nissan Formula E Team has unveiled its updated livery for the 2024/25 ABB FIA Formula E World Championship, with the team being prepared for the first campaign under the new GEN3 Evo regulations.

For the upcoming season, Nissan Formula E Team states it has opted to continue with its cherry blossom livery, which has been a fan-favourite ever since it debuted at the start of Season 9.

The pattern is meaningful for the outfit, both as a hint to its Japanese DNA and new beginnings, as well as now being part of Nissan’s identity in Formula E. The Japanese team will be looking to build on a strong Season 10, which saw it finish fourth in the Teams’ and Drivers’ Championship, as well as third in the newly-established Manufacturers’ Championship.

Nissan Formula E Team has opted to refresh its driver line-up, with the experienced Norman Nato returning after a season away. Together with Oliver Rowland, who took two victories and five further podiums in an excellent Season 10, the squad now boasts two Formula E race winners. Both drivers possess the knowledge of how to get the most out of their machinery and have a proven track record of helping teams develop their cars. Nato will continue to sport the #17 on his Nissan e-4ORCE 05, while Rowland switches to Nissan’s traditional #23.

The new factory is also fully operational ahead of the 2024/25 campaign. The Nissan Formula E Team dedicated facility stretches over 2,600 square meters and features a workshop area, simulator, engineering and management offices, as well as display, meeting and multipurpose areas. Located south of Paris, the headquarters is based close to other Nissan sites and its Alliance partners, ensuring synergies and access to talent, equipment and facilities available within Nissan and the group.

Rowland and Nato will be on track for the first time in an official capacity as team mates at pre-season testing on 4-7 November in Valencia, while Season 11 kicks off on December 7 at the Sao Paulo E-Prix.

Tommaso Volpe, MD and team principal, Nissan Formula E Team said: “We’re excited for the new season and have been working hard, getting to grips with the GEN3 Evo car. Everything has been running smoothly so far and we’re looking forward to getting out on track in Valencia. Our new workshop is fully operational now, which is making a huge difference - we’ve been able to take full advantage of the facilities, allowing us to maximise the potential of the team. In terms of drivers, Norman has settled in very quickly, he knew most of the crew already so that made things easier than normal. Together with Oli, we’re confident that we have a strong line-up ready to fight for wins and podiums throughout the upcoming campaign. On top of that, we’ve got great companies supporting us, with Electromin extending and increasing its collaboration with the team to become our main partner, alongside existing relationships with Coral and Coral Eyewear, who we are delighted to be working with. We’re fully focused on improving at every step and continuing where we left off a few months ago, as we aim to challenge at the top in Season 11.”

Oliver Rowland: “It’s been good to re-charge after a busy year, but I’ve still been preparing for Season 11, making sure I’m in good shape both physically and mentally. It’s great to have the new workshop fully in action, I’ve been really impressed by the facilities. The location is ideal and it sets a high bar for ourselves, showing our ambition to continue improving and fighting at the front. There are a few areas to get on top of with the GEN3 Evo, including the all-wheel drive technology, but we’ll look to iron everything out and be ready to take up the fight from the first race.”

Norman Nato: “I’m delighted to be back with team and I already feel comfortable straight away with the car, simulator and staff. The biggest change has been the excellent new workshop, allowing us to prepare and debrief from races in amazing conditions, with the highest level equipment available to us. The updated livery is really cool, keeping our Japanese identity and the fans love it, making us so recognisable on- track. I can’t wait to start this GEN3 Evo era in Valencia testing, before heading out to Brazil for the season opener!”

The Japanese team acknowledged the role of its partners including, Electromin which increased its involvement with the team, becoming innovation partner. A leading mobility solutions provider in the Middle East, Electromin is a subsidiary of Petromin Corporation, one of Nissan’s official importers in Saudi Arabia. 

Kalyana Sivagnanam, Group CEO, Petromin Corporation said: “We are immensely proud to enter this strategic partnership with Nissan Formula E Team as its official global sponsor for the next four years, with Electromin leading the charge in the first year. As the pioneers of electric mobility in Saudi Arabia through Electromin, we see this partnership as a key step in accelerating the adoption of EV technology across the region.”

Coral remains on board as the squad’s sustainability partner, specialising in offsetting carbon emissions. Coral helps the team assess, monitor and reduce its carbon footprint. 

Daniele Sileri, Founder and Head of Strategy, Coral said: "Nissan Formula E Team has been the perfect launch partner for Coral. We are delighted to show the tangible results of our partnership in a matter of weeks, whereby we can help the team offset its carbon footprint."

Coral Eyewear also continues its relationship with the team for a second season. The sustainable fashion start-up supplies the outfit with its distinctive product range, which are crafted using recycled plastic and plant-based materials. 

George Bailey, Co- Founder, Coral Eyewear said: "We're immensely proud to be partnering with Nissan Formula E Team. It's exciting to see developments in electric technology moving from the track into road vehicles, and the team are clearly making efforts to choose sustainable options.”

Tata Elxsi Clocks INR 1.7 Billion Net Profit In Q1 FY2027

Tata Elxsi

Tata Elxsi, a leading design and technology solutions company, has announced its financial results for Q1 FY2027, reporting operating revenue of INR 10.21 billion, up 2.8 percent over the previous quarter and 14.5 percent YoY.

For Q1 FY2027, the company’s EBITDA came at INR 2.16 billion with a margin of 21.2 percent and a profit after tax (PAT) of INR 1.7 billion, up 18.2 percent YoY.

The company’s revenue from the transportation segment grew 13.3 percent YoY, supported by engagements in off-road and aerospace segments. Automotive OEM revenue now accounts for 78 percent of the division's total revenue. The media & communications segment revenue grew 22.2 percent YoY, while healthcare and life sciences clocked 1.7 percent growth QoQ.

Manoj Raghavan, CEO and Managing Director, Tata Elxsi, said, “For the quarter, Tata Elxsi delivered a healthy performance with growth in our two primary verticals, supported by strong deal execution and continued momentum in large strategic engagements. We also crossed a key milestone of reporting operating revenue of more than Rs. 1,000 crores in the current quarter. The performance in the quarter reflects the strength and increasing relevance of our design-led and AI-enabled engineering capabilities in our chosen industries.”

“FY2027 marks a year of future focus for the company, as we prepare and equip ourselves for a world reshaped by AI. We are making targeted investments in specialized talent, AI powered platforms, tools and infrastructure, to pivot to a Domain + AI future. These investments are enhancing customer value creation with tangible outcomes and opening new avenues for growth and positioning us for the year and decade ahead,” he concluded.

BYD Group Debuts 8 Models At 2026 Goodwood Festival of Speed, Flash Charging Tech Too

BYD

Chinese automotive major BYD Group showcased eight model debuts at the 2026 Goodwood Festival of Speed, where it occupied a 2,016 square metre stand. The display featured vehicles from the BYD, DENZA and YANGWANG brands, with several models participating in the hillclimb event.

At the event, BYD introduced the DOLPHIN G DM-i, a supermini featuring Dual Mode Super Hybrid technology that pairs an electric motor with a 1.5-litre petrol engine. The manufacturer also presented the SHARK pickup, which produces 436PS and accelerates from 0-62mph (0-100 kmph) in 5.7 seconds.

DENZA unveiled the Z sports car, a coupe with 1604PS and a top speed of 217mph (350 kmph), which was presented by Stella Li and 2009 Formula 1 World Champion Jenson Button. The brand also displayed the BAO 5 SUV, which incorporates DMO (Dual Mode Off-road) technology. Additionally, DENZA demonstrated charging speeds of up to 1,500kW, allowing vehicles to charge from 10-70 percent in five minutes.

YANGWANG exhibited the U9 Xtreme, a production car with a top speed of 308.3mph (496 kmph) and a 1200V powertrain. The brand also displayed the U8L SUV and the U7 saloon.

Stella Li, Executive Vice President, BYD, said, "It's been an exciting privilege to play such a central role at this year's Goodwood Festival of Speed. Our stand has been the focal point for thousands of visitors, who've been able to explore a host of new models – our incredible DENZA Z and DENZA BAO 5, as well as the BYD SHARK and, for the first time in the UK, the DOLPHIN G DM-i. We've really enjoyed meeting car enthusiasts from around the world, and it's been a particular thrill to see our cars, such as the YANGWANG U9X, going up the iconic hillclimb. Goodwood really is a global centrepiece for car culture, and we're delighted to have been able to show how our new-energy technologies are creating advances in sustainable mobility around the world."

IVECO and PETRONAS Lubricants International Renew Strategic Partnership

IVECO - PETRONAS Lubricants International

European commercial vehicle major IVECO and PETRONAS Lubricants International (PLI) have renewed their strategic partnership for five years, extending the agreement through 2032.

The collaboration continues the supply and joint engineering of lubricants for IVECO’s vehicle portfolio in Europe, including engine oils, transmission fluids, brake fluids and coolants.

The partnership focuses on the development of IVECO URANIA engine oils and IVECO TUTELA technical fluids. These products are recommended by IVECO and result from joint research and development. Recent innovations include the launch of Urania Next 0W-16, a lubricant formulated for heavy-duty applications.

Domenico Nucera, Chief Quality & Operations Officer, Iveco Group, said, "The renewal of the agreement with PETRONAS Lubricants International confirms the strength of a long-standing collaboration built on shared technical expertise and a common ambition to continuously improve performance, efficiency, and sustainability across our vehicle and powertrain portfolio. Through the co-engineering of our IVECO URANIA and IVECO TUTELA ranges, we are able to deliver solutions that maximise vehicle uptime, optimise total cost of ownership, and support our customers and dealer network with the highest standards of quality and reliability."

Domenico Ciaglia, Group Chief Strategy & Transformation Officer, PETRONAS Lubricants International (PLI), said, "This partnership renewal demonstrates what can be achieved through a long-term forward-thinking collaboration, with consistency, and a shared commitment to excellence. Through continuous product innovation, we have been able to co-develop market-leading solutions such as the Urania Next 0W-16 engine oil formulation, seamlessly integrated into IVECO's ecosystem. This collaboration enables us to deliver greater value to the industry by combining our expertise and driving innovation together. Looking ahead, PETRONAS Lubricants International remains fully committed to supporting the IVECO Group with forward integrated reliable, high-performance products and solutions that create lasting value for its network and customers. This renewed collaboration further reinforces the foundation of PLI's broader strategic roadmap, demonstrating how technical excellence and trusted partnerships can drive sustainable, long-term value internationally."

L&T Technology Services Concludes Engineering Intelligence Hackathon

LTTS - EI Hackathon 2026

L&T Technology Services (LTTS), a leading engineering research & development (ER&D) company, has concluded its Engineering Intelligence (EI) OpenHack 2026, an innovation challenge held simultaneously across nine locations in India, the US and Europe. The event involved nearly 4,000 engineers across 770 teams.

Participants worked on over 500 challenge statements related to software-defined mobility, plant modernisation, energy, automation and AI infrastructure. The solutions developed during the 24-hour event focused on areas such as industrial automation, cybersecurity, autonomous systems and healthcare.

A jury evaluated the entries based on innovation, technical execution, scalability and relevance. The winning teams received prizes totalling over INR 3 million. Promising projects were selected for further development through the company’s Project Equinox platform and patent-worthy concepts were identified for intellectual property recognition.

Mritunjay Kumar Singh, Chief Operating Officer, L&T Technology Services, said, “The EI OpenHack 2026 reflects LTTS’ vision of Engineering Intelligence, where engineering expertise and AI come together to solve real-world industry challenges. What stood out was not only the scale of participation, but the ability of our engineers to apply contextual understanding, domain knowledge and AI prowess to develop solutions with tangible business relevance. Initiatives like OpenHack create opportunities for our talent to experiment, collaborate and develop solutions that will shape the future of engineering.”