Tata Elxsi and Infineon join forces to boost EV innovation in India
In a major step towards advancing India's electric vehicle (EV) landscape, Tata Elxsi and Infineon Technologies have signed a Memorandum of Understanding (MoU) to jointly develop ready-to-deploy EV systems tailored for Indian roads. The partnership aims to address the country's growing need for scalable and safe electrification solutions across mobility segments including two-wheelers, three-wheelers, passenger vehicles, and commercial fleets.
The announcement was made via a press release dated June 18, 2025, where both companies underscored their commitment to accelerating EV adoption in line with India's national electrification targets.
'This MoU further strengthens our partnership by giving us a clearer scope and tighter system-level alignment, enabling shorter turnaround times to address Indian market requirements,' said Nambi Ganesh, Head of Automotive at Tata Elxsi. He added, 'As EV adoption scales, our focus remains on delivering production-ready, automotive standards-compliant platforms and solutions.'
Infineon, a global leader in semiconductor solutions, will bring its advanced technologies such as silicon carbide (SiC) components, microcontrollers, and ICs to the collaboration. These will be integrated with Tata Elxsi's design, system integration, and validation capabilities to develop high-voltage inverters, scalable battery management systems, bi-directional onboard chargers, and thermal management systems.
Kenneth Lim, Senior Vice President – Automotive at Infineon Technologies Asia Pacific, emphasized the strategic importance of this partnership: 'By combining Tata Elxsi's design and integration expertise with our advanced semiconductor solutions, we are not only enhancing the development of ready-to-deploy EV systems but also ensuring that they meet the highest safety and performance standards.'
Importantly, the systems will address critical compliance requirements such as ASIL-D certification as per ISO 26262, ensuring functional safety for road vehicles.
This initiative also aligns with NITI Aayog's ambitious electrification goals, which include 80% electrification of two- and three-wheelers and 70% of commercial vehicles by 2030.
As the EV sector in India grows at a rate of 25–30% annually, this collaboration promises to create impactful, localized solutions that can be rapidly deployed and scaled across the country.
Ahmedabad Plane Crash
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
7 hours ago
- Yahoo
Will Quantum Computing Stocks Soar in the Second Half?
Some quantum computing stocks delivered gains of more than 1,000% last year. The technology has game-changing potential, and quantum companies may thrive if the economic backdrop is supportive. 10 stocks we like better than D-Wave Quantum › Quantum computing stocks skyrocketed in 2024, with names such as Quantum Computing and Rigetti Computing surging by more than 1,000%. Investors were eager to get in on what could become the next game-changing technology, and revenue growth as well as scientific progress from some of these quantum specialists boosted optimism. Even after those gains, it's very possible that quantum stocks will climb in the second half of this year, and here's why. So, first, a quick note about why investors see so much potential in quantum computing. This is because this type of computing, based on quantum mechanics, makes it possible to solve problems that today's classic computers can't handle. Quantum computing can do this by using qubits -- instead of the bits used by today's computers -- to store data. And while bits store and process data as zeros or 1s, qubits can represent a zero, a one, or both at the same time. This allows for tremendous scaling, and as a result, a problem that would take a classic computer 1,000 years to solve may take a quantum machine about five minutes. Right now, quantum companies offer hardware and services to customers, but we're still in the early stages of development. Experts have said that truly useful quantum computers are several years away. The good news is that this means these companies have plenty of room to run when it comes to revenue growth and share price performance. It's clear that if quantum companies reach their development goals, these computers could revolutionize many industries. All of this helped quantum computing pure-play companies climb last year. The bull market and optimism about the economy ahead offered the perfect environment for growth stocks to excel. But in recent months, concerns about President Donald Trump's import tariff plan weighed on these players. The idea was that tariffs could lead to higher prices at home, prompting customers of quantum companies to rein in their spending. But over the past few weeks, progress in trade talks and even initial deals with the U.K. and China have made investors more optimistic about the future. And corporate earnings haven't suggested any slowdown in spending on technology -- in fact, companies continue to reiterate their commitments to such projects. This backdrop supports the idea of more gains for quantum companies in the second half, especially for certain players such as Rigetti and IonQ, which haven't yet fully recovered -- they're down 25% and 5%, respectively, year to date. And if they show some growth in revenue in the coming quarters, this could act as a positive catalyst for share performance, too. But this doesn't mean that stocks that have continued to advance, such as D-Wave Quantum (NYSE: QBTS), which is heading for an increase of more than 80%, won't keep on rising. For example, D-Wave just recently released its Advantage2 quantum computer, which is accessible both on the cloud and on-premises. More than 20 million customer problems have been run through the prototype, and the company says the computer is now ready for use in areas such as materials simulation and artificial intelligence (AI). Uptake of this new platform and further revenue gains -- D-Wave's revenue last quarter soared 500% to a record $15 million -- could offer this highflier an additional boost. Of course, it's important to keep in mind that these pure-play quantum companies aren't yet profitable and are involved in a relatively new, cutting-edge technology, and that involves some risk. Any economic headwinds could hurt investors' appetite for these sorts of players. These companies depend on a strong economy, as this increases the likelihood that potential customers will spend on their products and services. And investors generally feel more comfortable getting in on growth stocks when the economy is thriving. So, the economic situation in the second half could determine the near-term direction of these players. But right now, there's reason to be optimistic that the U.S. trade talks, along with some better-than-expected economic data, signal better days ahead -- and that the worst-case scenario of a recession and tough times for corporate earnings will be averted. With this in mind, quantum computing stocks could be set to soar in the second half as investors look to get in on the next big technology that could deliver explosive returns. Before you buy stock in D-Wave Quantum, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and D-Wave Quantum wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $664,089!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $881,731!* Now, it's worth noting Stock Advisor's total average return is 994% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Adria Cimino has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Will Quantum Computing Stocks Soar in the Second Half? was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
14 hours ago
- Yahoo
Oracle Full Year 2025 Earnings: In Line With Expectations
Revenue: US$57.4b (up 8.4% from FY 2024). Net income: US$12.4b (up 19% from FY 2024). Profit margin: 22% (up from 20% in FY 2024). The increase in margin was driven by higher revenue. EPS: US$4.46 (up from US$3.82 in FY 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations. The primary driver behind last 12 months revenue was the Cloud and License segment contributing a total revenue of US$49.2b (86% of total revenue). The largest operating expense was Research & Development (R&D) costs, amounting to US$9.86b (35% of total expenses). Explore how ORCL's revenue and expenses shape its earnings. Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in the US. Performance of the American Software industry. The company's shares are down 4.7% from a week ago. Before you take the next step you should know about the 2 warning signs for Oracle that we have uncovered. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Forbes
19 hours ago
- Forbes
As SpaceX Explodes Again, Honda Successfully Launches Reusable Rocket
Honda's reusable rocket blasts off in northern Japan. The latest SpaceX rocket explosion is the fourth failure in a row for the company's embattled CEO and Tesla boss Elon Musk as he tries to rebuild his brand after controversial political aspirations. Meanwhile, Honda—not meaning to shine a light of SpaceX problems—has just successfully conducted a launch and landing test of its experimental reusable rocket in northern Japan. Honda's rocket climbed to 890 feet before landing just 15 inches away from where it took off. Honda's rocket flew for 57 seconds and then landed Honda is well-known in industry circles as one of the few carmakers who produces a multitude of non-car products including motorcycles, ATVs, power equipment such as generators, lawnmowers, outboard motors and snowploughs, the HondaJet and robots such as ASIMO. And now it's entered rocket R&D in earnest. At Honda's test facility in Taiki Town located in Hokkaido, Japan's northern-most island, the company launched a reusable rocket that flew for almost a minute to an altitude of 890 feet and then landed with pinpoint accuracy just 15 inches from where it took off, according to Honda. The rocket weighs 2800 lbs which equates to a small car. Developed in-house by Honda R&D Company, the rocket—which weighs 2800 lbs or around the same weight as a small car—shot up vertically, blasting off using its four legs from the company's test site in the northern island of Hokkaido. Honda says its Hokkaido facility 'has been developing itself as a 'space town' through the joint efforts of public and private sectors,' including the Japan Aerospace Exploration Agency (JAXA). The 21-foot high rocket, ascended for 57 seconds before landing around 15 inches from the target touchdown point using its four retractable legs that also aided in its take-off. Honda first revealed its goal to go into space in late 2021. But while the carmaker has been tight-lipped about its R&D progress, it is using existing technology from other areas, such as automated driving systems, to assist in the development of its first reusable rocket. The company says that the reason for developing its own launch system is the need for more satellites that will potentially benefit its other businesses. According to Honda, its rocket research is still in its infancy, and no decisions have yet been made on potential commercialization of these rocket technologies. The company has the ambitious goal to enable a suborbital launch by 2029 but success here will require significant testing and perhaps a few failures. A suborbital flight – upwards of 62 miles above sea level – would be a significant achievement for Honda, even though that is not far enough to put a satellite into orbit. It will be interesting to see if Honda goes all the way, and ends up competing with other private companies like SpaceX and Blue Origin that are capable of conducting orbital flights.
