Shriram Pistons & Rings To Obtain 75 Percent Shareholding In Takahata Precision India

YOHT Announces Price Hike From December 2021

Shriram Pistons & Rings Limited (SPRL) will be acquiring 75 percent shareholding in Takahata Precision India Private Limited (TPIL) through its wholly owned subsidiary, SPR Engenious. The purchase consideration for 75 percent equity is INR 850 million (enterprise value of INR 2,220 million). This will mark Shriram Pistons & Rings’ foray into the manufacturing of precision injection moulded components, the company states. Takahata Precision India is an ultimate subsidiary of Takahata Japan.

Commenting on the proposed investment, Krishnakumar Srinivasan, Managing Director and CEO, Shriram Pistons & Rings, said, “With this strategic investment, SPRL aims to diversify its product portfolio beyond the current pistons, rings, engine valves and EV components, to precision plastic injection moulded parts. With the operations and technology support of Takahata Japan to TPIL, we will be able to service the domestic and global customers requiring precision moulded parts, both for automotive and industrial applications. Takahata brings in their high technology expertise to develop complex parts for these applications. This acquisition combines two strong, technology-led manufacturing teams, allied in their pursuit of excellence to deliver world-class manufacturing and moulding technology, which will enhance relationships with existing customers while creating additional opportunities for growth and expansion.”

The acquisition is subject to customary approvals and conditions. EY acted as the exclusive financial advisor to SPRL on this transaction.

AEye To Showcase Apollo LiDAR Technology With 1km Range At CES 2026

AEye

AEye, a provider of LiDAR solutions and manufacturer of the Apollo LiDAR sensor, has announced plans to demonstrate its Apollo sensing solution at CES 2026.

The company will present the Apollo LiDAR sensor, a solution for detecting objects at distances of up to one kilometre. The sensor features a form factor that allows for integration behind windscreens. AEye also plans to highlight how the Apollo and OPTIS solutions can be used for infrastructure and logistics. OPTIS uses computing to deliver 3D perception and analytics for drones, intersections, shipping corridors and logistics hubs.

These technologies are designed to assist with safety, efficiency and visibility. The company’s focus on infrastructure and logistics reflects a strategy for global growth, including in regions such as India, where investment in smart cities and transport networks is increasing.

Matt Fisch, CEO, AEye, said, “CES brings together the most important players in transportation and mobility, making it an ideal venue for us to demonstrate how Apollo and OPTIS are redefining what’s possible with LiDAR. With unmatched range and real-time AI-driven perception, we’re helping our customers tackle complex transportation and infrastructure challenges with scalable solutions built for real-world deployment. We are also looking forward to announcing our next-generation LiDAR, with range capabilities extending beyond one kilometre, underscoring the company’s continued leadership in long-range and ultra-long-range perception.”

The presentation will also include a preview of a LiDAR sensor with detection capabilities exceeding one kilometre, intended for long-range perception requirements.

Image for representational purpose only.

Ather Energy’s New Subsidiary To Focus On Auto Insurance Business

Ather Energy’s New Subsidiary To Focus On Auto Insurance Business

Bengaluru-based electric vehicle maker Ather Energy has confirmed its plans to enter the auto insurance services space by incorporating a wholly-owned subsidiary that will operate as a Corporate Agent.

The move is part of the EV maker’s plans to owmake nership experience more seamless, by providing auto insurance policies, in partnership with multiple insurers. This will also provide a recurring revenue stream by leveraging its existing user base.

Ather Energy also aims to innovative around EV-specific insurance products, simplify renewals and also improve attach rates over time.

Ravneet Singh Phokela, Chief Business Officer, Ather Energy, said, “We have always believed that a good ownership experience goes beyond the vehicle itself. Insurance is a critical part of that journey today, and it’s an area where the experience can be made significantly simpler and more predictable for customers. By bringing insurance distribution closer to the Ather ecosystem, we can make it simpler, more transparent, and better aligned with how our customers actually use their vehicles. Over time, this also gives us the ability to work with partners to design auto insurance products that reflect real EV usage, rather than adapting legacy frameworks. This is a measured but deliberate step, focused on strengthening the ownership experience while building a capability that complements our core offering and scales with the business.”

The EV maker stated that this move is a natural extension, as it can utilise its large customer base, which equates to no additional customer acquisition cost.

Ather Energy stated that entering the auto insurance space is part of its larger EV ecosystem building mission, which goes beyond just selling products, charging infrastructure, servicing and accessories among others.

Exicom Launches Exciom One EV Charging Rollout Solution

Exicom One

Exicom Tele-Systems has introduced Exicom One, a solution for the construction and operation of electric vehicle charging infrastructure. The service handles site surveys, electrical setup, software, operations and maintenance.

The launch coincides with the expansion of charging networks by Charge Point Operators (CPOs) in India. These organisations plan to deploy chargers, including DC units, by 2030.

The solution provides a framework for infrastructure deployment by combining hardware and software. The company is providing end-to-end support right from site assessment & planning for pre-installation, to civil works, electrical integration and hardware setup for deployment. It also provides AI-driven management, diagnostics and maintenance to support the EV charging operations.

Exicom One manages the orchestration of firmware and software. The platform allows businesses to monitor and optimise stations in real time.

The company recently partnered with an EV manufacturer to install charging stations along highway corridors and at traffic points. The infrastructure is designed to integrate renewable energy systems and Vehicle-to-Grid (V2G) applications.

The service also utilises Harmony Connect, an AI platform for predictive maintenance.

Anant Nahata, Managing Director and CEO, Exicom, said, “India’s EV story will only move as fast as the infrastructure behind it. While hardware innovation gets most of the attention, it is execution on the ground that truly defines success. Exicom One is built to remove that friction by bringing every piece of the puzzle together under one accountable partner. It is a smarter, faster way for CPOs and fleets to scale with confidence and focus on what really matters: delivering reliable charging experiences.”

ZF To Present Software Active Noise Reduction For Vehicle Chassis At CES

ZF - Active Noise Reduction

German tier 1 supplier ZF is presenting a new ‘Active Noise Reduction’ software function for vehicle chassis at the Consumer Electronics Show (CES) 2026. The purely software-based function reduces in-vehicle tyre noise transmitted through chassis components without requiring additional hardware. The company plans to expand the use of the function to other ZF chassis actuators in the future.

The solution uses ZF’s Smart Chassis Sensor with an integrated acceleration sensor to measure vibrations from the tyres. A developed algorithm recognises the characteristic noise patterns of tyre cavity noise around 200 hertz.

The software generates a counter-signal via ZF’s cubiX software through the valves of semi-active dampers (CDC). The function uses micro-movements of the damper to specifically reduce noise interference without impairing the damper function.

The technology achieves noise reductions of more than 3 dB, with future potential for up to 10 dB. This software-based noise reduction is achieved without additional installation costs or space requirements. Active Noise Reduction can be adapted to different vehicle types via software, opening a market for lower-priced vehicles.

Dr. Peter Holdmann, Member of the ZF Board of Management and Head of Division Chassis Solutions, said, “Active Noise Reduction is an excellent example of how we use smart algorithms to make ZF components even more efficient. This gives our semi-active CDC dampers a clear unique selling point in the market and sets new standards in comfort – without the need for any additional noise dampening hardware.”

Series production is scheduled to start in 2028. In the future, the function may be used in other ZF actuators, such as for active reduction of brake squeal.

Holdmann added, “Thanks to our system expertise, we are able to offer our mechatronic actuators as true innovation drivers with the help of smart algorithms and we will extend our software-based control approach to other ZF actuators in the future. The goal for us is clear: mechatronic actuators that are capable of efficiently reducing both their own and external noise with the help of software.”

The new function fits into ZF’s Chassis 2.0 product strategy, which uses intelligent and networkable actuators to enable new chassis functions via software.

Holdmann noted: “With our Chassis 2.0, we are laying the foundation for the software-defined vehicle.”