Latest news with #InfineonTechnologies
Business Standard
4 days ago
- Automotive
- Business Standard
Tata Elxsi inks MoU with Infineon to develop EV solutions for Indian market
Tata Elxsi announced that it has signed a memorandum of understanding (MoU) with Infineon Technologies to jointly develop application-ready EV solutions tailored to the Indian market. The collaboration comes amid Indias accelerating EV adoption, with overall sales rising 2530% year-on-year in 2024, including a 28% surge in electric two- and three-wheeler volumes. Under the partnership, the two companies will co-develop high-voltage inverters for traction and auxiliary systems, scalable battery management systems (BMS), bi-directional onboard chargers, and advanced thermal management solutions. These systems will target Indias growing 2W, 3W, passenger vehicle (PV), and commercial vehicle (CV) segments, with future scope extending to electric vertical take-off and landing (eVTOL) vehicles, energy storage, and off-highway applications. The partnership aims to accelerate the deployment of cost-optimized, automotive-grade, and safety-compliant EV subsystems, addressing critical requirements such as ASIL-D compliance under ISO 26262 standards for functional safety. As per the MoU, Tata Elxsi will bring its capabilities in design, system integration, and validation, while Infineon will offer early access to its latest semiconductor innovations, including silicon carbide (SiC)-based components, microcontrollers, and integrated circuits. Nambi Ganesh, Head of Automotive, Tata Elxsi, said, Currently, several of our EV solutions are already built on Infineon SoCs and components. As EV adoption scales, our focus remains on delivering production-ready, automotive standards-compliant platforms and solutions. Tata Elxsi is a leading provider of design and technology services across industries, including automotive, broadcast, communications, healthcare, and transportation. The company reported a 12.4% fall in net profit to Rs 172.4 crore in Q4 FY25 from Rs 196.9 crore in Q4 FY24. Revenue from operations for the period under review aggregated to Rs 908.3 crore, up 0.3% YoY. Shares of Tata Elxsi fell 1.23% to Rs 6,366.85 on the BSE.
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Business Standard
4 days ago
- Automotive
- Business Standard
Tata Elxsi, Infineon partner to develop application-ready EV solutions
Tata Elxsi and Infineon Technologies have signed a memorandum of understanding (MoU) to jointly develop electric vehicle (EV) systems for the Indian market. The companies will collaborate to develop high-voltage inverters, battery management systems, onboard chargers, and thermal management systems for India's electric two-wheeler, three-wheeler, passenger vehicle, and commercial vehicle segments. The partnership also plans to explore electric Vertical Take-Off and Landing (eVTOL), energy, and off-highway applications. Tata Elxsi, a Tata Group company, will contribute design and integration capabilities, while Infineon will provide early access to semiconductor technologies such as silicon carbide-based components, microcontrollers, and integrated circuits. The partnership aims to combine system integration capabilities and semiconductor technologies to create safe automotive systems. It also addresses requirements such as Automotive Safety Integrity Level D, which is the highest safety classification under ISO 26262. Tata Elxsi provides solutions in connected mobility, network transformation, and medical engineering. Overall EV sales in India grew by 25–30 per cent in 2024, including a 28 per cent increase in electric two and three wheeler sales. 'Currently, several of our EV solutions are already built on Infineon SoCs and components. This MoU further strengthens our partnership by giving us a clearer scope and tighter system-level alignment,' said Nambi Ganesh, Head of Automotive, Tata Elxsi. '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,' said Kenneth Lim, Senior Vice President, Automotive, Infineon Technologies Asia Pacific. In April, Tata Elxsi had entered into a multi-year agreement worth €50 million with a Europe-based automotive original equipment manufacturer (OEM). As part of the agreement, Tata Elxsi will support platform and application development in the areas of software-defined vehicles (SDV), electrification, and body and chassis systems.
Business Upturn
4 days ago
- Automotive
- Business Upturn
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
Business Upturn
4 days ago
- Automotive
- Business Upturn
India's EV Future Gets a Boost as Tata Elxsi and Infineon Team Up
In a significant move to fast-track India's electric mobility ecosystem, Tata Elxsi and Infineon Technologies have signed a strategic Memorandum of Understanding (MoU) to co-develop application-ready electric vehicle (EV) systems tailored specifically for the Indian market. The collaboration will focus on delivering ready-to-deploy solutions across various mobility segments, including two-wheelers (2W), three-wheelers (3W), passenger vehicles (PV), and commercial vehicles (CV). This comes at a time when EV sales in India have seen a 25–30% year-on-year growth, with electric 2W and 3W sales alone witnessing a 28% increase in 2024. Aimed at Rapid Electrification As India pushes toward ambitious electrification targets, the Tata Elxsi–Infineon partnership aims to build cost-optimised, automotive-grade, and safety-compliant subsystems, while adhering to critical safety standards like ASIL-D compliance under ISO 26262. Tata Elxsi will lead with its system design, integration, and validation capabilities, while Infineon brings early access to its cutting-edge semiconductor technologies, including silicon carbide (SiC) components, microcontrollers, and integrated circuits. Technological Scope of the Partnership The partnership will work on core EV systems such as: High-voltage inverters for traction and auxiliary systems Scalable battery management systems (BMS) Bi-directional onboard chargers High-voltage thermal management solutions These solutions are designed to meet the needs of India's fast-evolving mobility landscape and may extend to sectors such as eVTOL, energy, and off-highway applications in the future. Nambi Ganesh, Head of Automotive at Tata Elxsi, said: 'Currently, several of our EV solutions are already built on Infineon SoCs and components. 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.' Kenneth Lim, Senior Vice President, Automotive, Infineon Technologies Asia Pacific, added: '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. This partnership aligns with India's electrification vision and contributes to a more sustainable future.' This collaboration supports NITI Aayog's 2030 targets, which aim for 80% electrification of two- and three-wheelers and 70% electrification of commercial vehicles. The initiative is expected to significantly reduce time-to-market for OEMs and tier-1 suppliers, while fostering innovation and sustainability in the Indian EV sector. Ahmedabad Plane Crash
Time of India
28-05-2025
- Automotive
- Time of India
Ather Energy ties up with South Korean company Infineon Technologies
CHENNAI: Electric two-wheeler maker Ather Energy and South Korean semiconductor solutions major Infineon Technologies have signed a memorandum of understanding (MoU) in Seoul. The collaboration will focus on semiconductor technologies to support light electric vehicles (LEVs), charging infrastructure and safety, said the company in a statement. 'The partnership aims to leverage semiconductor solutions from Infineon based on various technologies, microcontrollers and automotive related sensors, alongside Ather's expertise in designing light EVs,' it added. Swapnil Jain, executive director and CTO, Ather Energy, said, 'Our partnership with Infineon gives us access to technologies that can help us improve key systems, from charging to safety and explore ways to reduce system complexity and cost.' Peter Schaefer, executive VP and chief sales officer-automotive at Infineon, 'India is one of the fastest-growing EV markets globally, and our SiC and GaN technologies will help drive energy-efficient and high-performance electric vehicles.' The collaboration will explore sensing and safety innovations to improve vehicle safety, charging speed, system reliability among other features. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
