Raptee Opens Its First Factory in Chennai
- By TT News
- June 15, 2023
Raptee, a startup specializing in premium electric motorcycles, has opened its first factory in Chennai. Spread over three acres, the factory will be home to Raptee’s Research and Development team.
The company plans to invest INR 850 million in the plant, which will have the capacity to produce 100,000 units annually for the next two years. Around 470 people will be employed for manufacturing and design innovation. The factory will have advanced facilities for testing and development, while a dedicated assembly line will be set up for battery packs.
Raptee aims to make a significant impact in the electric vehicle market with its upcoming motorcycles, emphasizing innovation and sustainability. Early this year, Raptee received a grant of INR 32.7 million from the Automotive Research Association of India, a leading R&D organization set up by the automotive industry and Govt of India.
Speaking about the new plant, Dinesh Arjun, Co-founder and CEO of Raptee, says, “This is a huge leap forward for us. We are at an inflexion point where we move from a small R&D outfit to becoming a full-blown OEM, and we’ve identified the perfect property to maintain the balance for the years to come. We’ve been very particular about having the R&D and Manufacturing teams on the same campus to improve collaborations in this extremely crucial period for the company, and that meant the entire property will need to be inside the City. This facility ticks all those boxes and will help service our customers better.”
Jayapradeep Vasudevan (JP), Chief Business Officer, Raptee, says, “This move is a big motivation for the entire team at Raptee as the new facility houses a dedicated block for the Admin and R&D, which provides a much better-working ambience for our team to enjoy and contribute to the growth journey of Raptee. This facility is big enough to cater to the growing size of our team for the next two years. From a manufacturing capacity standpoint, it also gives us enough flexibility to meet the customer demand from the time of launch. The fact that the families of our team attended the inauguration reiterates the commitment of our team and their families’ support towards the success of Raptee. At this moment, as a team, we are really happy and proud that we are progressing towards delivering a world-class EV motorcycle and customer experience to become a Premium EV brand.”
The centrally located property was inaugurated by Shaji Koshy, Former Sr Vice president at Royal Enfield and an advisor to Raptee. Commenting on the factory opening, Koshy, says, “I am extremely happy that such young minds from Chennai have been able to develop a remarkable product, and I really want to support this team who has the potential to create a big impact in the EV landscape in India and Globally. It’s an honour and happy moment for me to be inaugurating the new facility for Raptee, which is now moving from its small R&D centre to a full-fledged OEM facility, and I wish they run out of capacity very soon in this facility.”
- Cars24
- Department of Promotion of Industry and Internal Trade
- DPIIT
- Ministry of Commerce and Industry
- Cars 24 Founders' Fellowship
- skill
- startup
- Vikram Chopra
Cars24 Partners DPIIT To Support Startups Focusing On AI, Mobility & Safety
- By MT Bureau
- August 05, 2026
Cars24 has signed a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, to support India's startup ecosystem through initiatives focused on artificial intelligence, mobility, and road safety.
As per the agreement, Cars24 will establish structured programmes for early-stage founders, granting access to its infrastructure, mentor network, funding sources, market connections and technical resources. In turn, the DPIIT will facilitate national outreach and ecosystem integration via the Startup India platform, supporting knowledge exchange, co-branding and policy engagement.
The partnership encompasses five specific areas of operation: mentorship for early-stage founders via the Cars24 Founders' Fellowship, training through Mobility and Autotech Skilling Programmes, technical support and AI integration via Cars24 Labs, investor connections through Fuel by Cars24 and the organisation of an annual Innovation Challenge and Road Safety Hackathon alongside the DPIIT.
Vikram Chopra, Builder, Cars24, said, “Cars24 is proof that Indian founders can start with a difficult, everyday problem and build something on a national scale. We want to pass that possibility on. Through this partnership with DPIIT, we are backing the next generation of builders with more than advice. We want to give them access, capital, talent and a real platform to test ideas that can make India move smarter and safer.”
A senior DPIIT official commented, “Industry participation is central to strengthening India’s startup ecosystem. Collaborations of this kind, where an established market leader opens up its scale, mentorship and resources to early-stage founders, are exactly the bridge between ambition and execution that young startups need. We welcome Cars24’s commitment to mentoring, skilling and supporting product startups across the country.”
The non-binding MoU establishes a framework for ongoing collaboration between both entities to foster technology adoption and entrepreneurship within the Indian mobility sector.
BMW Group Selects NXP Ultra-Wideband Technology For Fleet Deployment
- By MT Bureau
- August 04, 2026
NXP Semiconductors has announced that the BMW Group will deploy its Trimension NCJ29D6 Ultra-Wideband (UWB) family across its vehicle fleet, beginning with selected 2026 production programmes.
The hardware component integrates fine-ranging capabilities with short-range radar functionality on a single chip. This allows vehicle manufacturers to utilise a single system for multiple applications, including hands-free vehicle entry and occupant presence detection.
The integration supports BMW’s Digital Key Plus feature, which enables vehicle owners to substitute key fobs with smartphones or smartwatches. The system manages locking and unlocking functions as the user approaches or moves away from the vehicle. Additionally, the technology includes in-cabin radar monitoring designed to identify motion patterns consistent with occupants or animals left inside a parked vehicle, sending notification alerts to users to align with European and Chinese NCAP assessment protocols.
Markus Staeblein, Senior Vice-President and General Manager, Secure Car Access at NXP Semiconductors, said, “NXP’s proven Trimension UWB platform maximises value for OEMs, using a single system to deliver multiple new and differentiating features for drivers. Digital key and presence detection are just the beginning. OEMs will be able to deliver additional UWB-based features, such as kick sensing, intrusion alert or automatic charging, as they establish the secure hardware platform in their vehicles.”
- Envalior India
- DSM Engineering Materials
- LANXESS High Performance Materials
- Centre of Excellence
- electric vehicle
- CSR
- Nileshkumar Kukalyekar
Envalior To Launch Centre of Excellence In Pune For EV Skill Development
- By MT Bureau
- August 03, 2026
Envalior India, an engineering materials company formed through the merger of DSM Engineering Materials and LANXESS High Performance Materials, will inaugurate the Envalior Centre of Excellence in Electric Vehicle Technology on 5 August 2026 as part of its corporate social responsibility (CSR) program.
The CoE located at Marathwada Mitra Mandal's Polytechnic in Pimpri-Chinchwad, Pune, will be implemented by the BroadArks Foundation to provide vocational training in electric vehicle systems.
It plans to train 250 individuals annually through two courses: a Level 4 Certificate in EV Service, Safety & Maintenance and a Level 5 Advanced Certificate in EV Diagnostics & Systems.
The curricula align with the National Skills Qualifications Framework and carry certification support from the Confederation of Indian Industry. The programs target students from Industrial Training Institutes and polytechnics studying mechanical, electrical, electronics, mechatronics and computer science disciplines.
Training instruction covers classroom coursework and laboratory modules focused on vehicle architecture, battery management systems, charging infrastructure, thermal management, power electronics, diagnostics and workshop safety protocols. Practical assessments and industry projects form part of the curriculum structure.
Nileshkumar Kukalyekar, Business Director – South Asia, Middle East & Africa, Envalior, said, "The launch of the Envalior Centre of Excellence reflects our commitment to supporting India's transition towards electric mobility by investing in the people who will power it. Through this Centre, we aim to provide students with industry-aligned, hands-on training that prepares them for the evolving demands of the EV sector while contributing to a stronger and future-ready workforce."
In addition to student instruction, the facility is designed to support laboratory infrastructure and instructor development programs for technical education in the region.
- Hyundai Motor Group
- Junghyun Kwon
- Minwoo Park
- NVIDIA
- Samsung Electronics
- Dongwuk Kim
- Apple
- Tesla
- Jeremy MA
- Toyota Research Institute
- autonomous
Hyundai Motor Group Appoints Junghyun Kwon To Lead Autonomous Driving Unit
- By MT Bureau
- July 31, 2026
South Korean auto major Hyundai Motor Group has appointed Junghyun Kwon as Executive Vice-President and Head of the Autonomous Driving Development Center.
Kwon will oversee software engineering, deep learning integration, perception systems and commercialisation pathways for the group's autonomous mobility programs, reporting directly to Minwoo Park, President and Head of the Advanced Vehicle Platform (AVP) Division.
He joins the group following technical management roles in software development and artificial intelligence across international technology firms. Kwon previously managed autonomous driving software development and deployment at NVIDIA before directing intelligent robotics development at Samsung Electronics. His technical background covers machine learning models, computer vision systems and vehicle perception frameworks.
The executive appointment forms part of a broader recruitment sequence targeting software-defined vehicle architectures and autonomous driving systems.
Earlier in July, Hyundai Motor Group appointed Dongwuk Kim as Senior Vice-President and Head of the SDV Platform Development Center, following his work on wireless communication systems for mobile devices, robotics and vehicles at Apple and Tesla. The group also added Jeremy Ma as Senior Vice-President and Head of AVP Silicon Valley, drawing on his experience in robotics and autonomous systems at Apple, Toyota Research Institute and NVIDIA.

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