Posco International Corporation, a trading company of the Posco Group in South Korea, announced that, partnering with a venture investment specialist within the Posco Group, Posco Investment, it launched its first KRW 25 billion (JPY 2.75 billion) corporate venture capital fund (CVC) to invest KRW 8 billion (JPY 880
BorgWarner opened a drivetrain plant in Wuhu. As one of BorgWarner’s production locations under its New Energy Vehicle (NEV) business strategy for China, the new plant mainly supplies drive motors to Chery. The new plant will leverage BorgWarner’s existing product platform, as well as its relevant technology and manu
On March 17, 2026, Tsuyo Manufacturing announced that it had received single-window clearance from the Government of Karnataka to set up a 20-acre EV powertrain manufacturing and validation facility in the Hubli–Dharwad region, involving an investment of INR 2.5 billion. The state-level committee’s approval follows a
On March 13, 2026, the Ministry of Heavy Industries tightened localisation norms for N2 and N3 electric trucks by amending the Phased Manufacturing Programme (PMP) under the PM E‑DRIVE scheme. The Gazette notification (S.O. 1331(E)) revises items 8, 9, and 10 of the PMP to phase in domestic assembly and manufacturing
On March 6, BMW Austria announced that a second production line for electric motors will start series production at the Steyr plant to increase output in 2026. This will support the production ramp-up of BMW’s Neue Klasse vehicles.
The future pipeline is strong i.e., new models such as BMW i3 and BMW X5, which is off
On March 5, Horse Powertrain presented “Amorphous Motor” technology. This hybrid transmission motor achieves industry-leading efficiency of 98.2%, enabling a 1% reduction in whole-vehicle fuel consumption. It uses amorphous steel, a steel alloy, which reduces the thickness of the steel layers required to make up a mo
On March 2, the Ministry of Electronics and Information Technology (MeitY) launched an indigenously developed 30 kW Wide Band Gap (WBG)-based integrated drive system for electric vehicles, designed by C-DAC Thiruvananthapuram in collaboration with IIT Madras and Lucas TVS under the NaMPET programme. The motor–inverte
On January 21, Elaphe Propulsion Technologies Ltd., in a social media post, announced that it is collaborating with Neapco on in-wheel system development for the light commercial vehicle segment. This partnership has resulted in the SuperBear powertrain system, designed for rear axle integration, which offers very hi
Zhejiang Vie Science & Technology Co., Ltd. (Vie) completed arrangements for an investment in Zhejiang Ruixi Electronic Technology Co., Ltd. (Ruixi Electronic). Upon completion of the investment matters, Vie will own a total of 4.8872% of the company. The investment aims to launch collaboration on key technologies fo
On December 16, Donut Lab and WATT Electric Vehicle Company (WATT) announced a partnership. It combines WATT’s ‘module-to-chassis’ integrated battery platform with Donut Lab’s in-wheel motors and inverters. The two companies will show a functional prototype skateboard platform at CES 2026.
WATT’s PACES (Passenger and
Huawei Digital Power Technology Co., Ltd. (Huawei Digital Power) was granted an ISO 26262 DAkkS ASIL D certificate by SGS for the DriveONE integrated drive system. The DriveONE system adopts a fully by-wire architecture for integrated control over drive and braking through standalone motors on the four wheels, delive
On December 9, ZF announced that it will provide its advanced eRE+ range extender technology to Chinese automaker Leapmotor for the premium SUV D19 starting in 2026. The Leapmotor D19 is the first to use ZF's advanced range extender technology. eRE+ is based on an electric motor with an integrated inverter, matching
On November 19, Tsuyo Manufacturing Private. Limited has signed a Letter of Intent (LOI) with the Government of Karnataka to set up an advanced manufacturing facility and dedicated testing track for heavy commercial electric vehicles in Dharwad. The agreement was formalized at the Bengaluru Tech Summit 2025.
The new
ZF held the Asia-Pacific Innovation Day in Shanghai to showcase its latest achievements in intelligentization, electrification, and software. On display were over 20 demonstration vehicles and around 70 exhibits. The exhibits included three technologies for global debut, namely, Chassis 2.0, Direct Drive Hand Wheel A
On November 7, BMW Austria announced that the pre-series production of new electric motors has now begun on the second line of Steyr plant, signaling the completion of the plant’s construction phase.
The second line has higher technical demands and starts with a new high-performance electric drive, designed to give f
On October 30, FEV partnered with the Teaching and Research Area Mechatronics in Mobile Propulsion (MMP) at RWTH Aachen University to develop a modular concept for electric drive units.
They have developed new concept that uses a design with a common stator, housing, cooling system, and converter, with interchangeab
On October 21, Enedym Inc., a Canadian technology company that develops next generation switched reluctance motors (SRMs), electric powertrains, and powertrain controls, today an investment from Honda Xcelerator Ventures. The new investment will be used to accelerate Enedym’s patented motor technology development and
On October 16, Niron Magnetics announced a project in collaboration with Stellantis to develop a new generation of electric motor designs for automotive use using magnets free of rare-earth elements. Niron’s breakthrough Iron Nitride magnets are made from abundant iron and atmospheric nitrogen, available in the U.S.
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