05 Aug 2021Automotive
This week in Automotive: Auto players hunt for opportunities within the self-driving ecosystem with road sensing and smart data processing

Latest Industry Insights from Draup Braindesk

  • EV Charging Infrastructure – Overview – India Region 
    The electric vehicle charging infrastructure market is evolving strongly, with solutions covering all emerging trends and changes across the industries. 

  • Draup analyzed the electric mobility (e-mobility) sector in India, categorized by the availability of electric vehicles (EVs) on the supply side and adoption trends on the demand side. Adequate charging infrastructure is the prerequisite that will define EV adoption in India. EVs carry limited onboard energy in the battery packs, which need charging depending on the battery pack, size, and capacity. Charging systems are therefore essential for the sustainable operation of EVs. 

  • Tata TechnologiesTCSTech MahindraWipro, and Tata Elxsi are the key providers in software testing and full-stack development activities. 

  • Jaguar, Tata MotorsGeneral MotorsFord, and Jaguar Land Rover are the key clients with higher intentions on the Indian EV market. 

  • IoT / Cloud, AI, Analytics, Big Data are some of the top opportunity areas for service providers across India. 

EV Technology Trends and Adoption: 

Indian automakers have also begun introducing high-tech EVs, and some government initiatives are pushing greater use of electric and hybrid car technologies. 

E-Commerce: 

Indians now prefer e-commerce purchases where this e-tail model marks the change in the paradigm from where dealerships were at the epicenter of all automobile transactions. But the new e-commerce-based framework might transform everything from the customer experience to the purchase journey forever. 

Vehicle-to-Grid technology: 

India enhances its solar power capacities. Vehicle-to-grid technology can help balance the power grid by using EVs to draw power from the grid during peak generation hours, store it in their battery when not running, and transfer it back to the grid when needed. 

AI-based hardware technology: 

Artificial Intelligence-driven hardware automates the identification and repair of defects in Lithium-ion batteries of electric vehicles. This next-generation technology does away with the requirement for customers to visit service centers to address battery defects. 

AI and IoT-enabled technology: 

Indian manufacturers plan to add AI and IoT-enabled technology to their electric vehicles. The delivery giants are opting for AI and IoT-enabled technology in most of their electric vehicles, with software analytics and artificial intelligence (AI), to improve the performance of EV batteries. 

Robotic Process Automation (RPA): 

Robotic Process Automation is heavily used in certain manufacturing processes, including spray painting, brazing, and so forth. But the use of RPA in India is still limited as the majority of processes are led manually. The COVID-19 outbreak will prompt more automakers to change the status quo and automate processes as much as possible. 

Battery Technology: 

Battery technology is benefiting from the power of predictive analytics and data intelligence. Predictive maintenance facilitates high battery efficiency and operational reliability. Data science, AI, and big data tools are used to improve the performance of battery packs. 

Latest Reports Published in Draup

Daimler Trucks North America Account Intelligence Report: Daimler has identified some of the Daimler Trucks North America focus areas across autonomous driving and digitalization. It develops technologies across the automated vehicle spectrum that make roads safer and help customers boost freight efficiency. Read More>>
TomTom Account Intelligence Report: TomTom launched a cloud-native navigation solution developed for the automotive industry. They launched GO Discover, its quickest and powerful satnav, with the largest 7-inch HD screen for exceptional clarity. Read More>>

Key Funding Alert

McLaren Group receive GBP 550 Mn (USD 749 Mn) in new investment 
McLaren Group is set for an injection of capital, primarily via selling a stake in the company to the Saudi Public Investment Fund (PIF). The deal would further solidify McLaren’s financial position, which took a big hit at the start of the global pandemic. Read More>>

Startup Spotlight

Company – Minieye 
Total Funding – USD 40.12 Mn
About: Minieye’s visual sensing system helps drivers detect free space and various traffic objects, including vehicles, pedestrians, lanes, and traffic lights. Its in-cabin sensors analyze the conditions and behaviors of passengers by monitoring their movements and in-cabin objects.  Read More>>

Key Insights and Signals in Automotive

Centre set up and expansion
Bosch expands Cluj innovation center 
Bosch has started constructing the second office building for its engineering center in Cluj, investing EUR 21 Mn (USD 24.7 Mn). The 10-storey building will have a built-up area of around 10,000 sqm and an underground car park. Read More>>
zf with Wabco to develop India into EUR 3 Bn (USD 3.53 Bn) business region 
They plan to establish India as a region with decision-making power to drive the business. We want to achieve EUR 3 Bn (USD 3.53 Bn) revenue from the Indian market in this process, out of which EUR 2 Bn (USD 2.53 Bn) will be from sourcing volumes. Read More>>
The Volkswagen-owned Electrify America plans expansion of charging network 
Electrify America announced its “Boost Plan” to double its current electric vehicle more than charging infrastructure in the United States and Canada by late 2025.  Read More>>
General Motors announces new USD 71 Mn advanced design and technology campus  
GM released details on the new 149,000 square-foot facility. It is closer to technology centers on the West Coast like Silicon Valley and creates recruiting opportunities for GM thanks to its proximity to leading tech universities and design schools. Read More>>

Deal and Deal Renewal 
Fischer wins more supply deals from Daimler 
Daimler’s updated C-Class interior has Fischer’s illuminated vents and cup holders. The cockpit components are produced at two of the supplier’s factories in Horb, Germany, and Ivanovice na Hane, Czech Republic. Read More>>
BYD, ADL partnership to supply 200 electric buses to Ireland’s NTA  
NFI Group Inc., BYD UK, and Alexander Dennis Limited (“ADL”) will deliver 200 BYD ADL Enviro200EV zero-emission battery-electric buses to NTA, starting with an initial firm order for 45 buses, with delivery commencing in 2022. Read More>>
Man Energy Solution, Volkswagen’s subsidiary, signs up for 250MWh liquid air energy storage project 
MAN Energy Solutions will supply turbomachinery for Highview Power’s 50MW / 250MWh liquid air energy storage (LAES) project in the UK. The LAES technology the company has created cools ambient air and stores it as a liquid at low pressure, which can then be heated and expanded to drive turbines and generate electricity. Read More>>

Executive Movement
Senior Appointment at Mercedes-Benz Turk
Tolga Bilgisu, who has been working as Mercedes-Benz Türk Bus Sales Operations Group Manager since 2019, will take over as Customer Services – Truck & Bus Director as of August 1, 2021. Read More>>
CNH Industrial announces leadership appointment in new on-highway business  
Domenico Nucera will head the Bus Business Unit, succeeding Sylvain Blaise, effective October 1, 2021. Mr. Nucera has 20 years of experience in the automotive industry, with a strong industrial background and increasing responsibility on the business and manufacturing fronts. Read More>>
Skoda Auto Volkswagen India onboards Sarma Chillara as Group Head HR 
Sarma will be responsible for Human Resource strategy and execution, internal stakeholder management, and talent management and will lead HR strategies for the Group within the framework of the India 2.0 project. Read More>>

Partnerships  
Tesla ties lead to German solar electric car company choosing Sibros connectivity platform 
The Sibros Deep Connected Platform handles the “foundational pillars” of a connected vehicle: perform over the air software and configuration updates to every component, collect high-quality, event-driven data from the vehicle and transmit user-facing diagnostic commands that a service engineer could use to track down or repair a technical issue. Read More>>
BMW, KITA join hands to nurture prospective startups 
BMW Group Korea, KITA, the CCEI, and FuturePlay will utilize BMW’s “Startup Garage” program to discover and foster new startups, provide them with opportunities for technology verification by CCEI and help them to advance in overseas markets. Read More>>
Volkswagen Group And Gotion High-Tech to industrialize battery cell production In Germany 
Volkswagen Group and China’s Gotion High-Tech will partner on a battery cell factory at the automaker’s combustion engine plant in Salzgitter, Germany. Salzgitter’s production will include cell laboratories, a pilot line for cell production, and a pilot plant for battery recycling. Read More>>

Mergers and Acquisition 
Japan’s Hitachi acquires US-based digital engineering services company GlobalLogic for USD 9.6 Bn 
The acquisition will help the company expand digital operations in many businesses, including IT, energy, industry, and mobility. Hitachi Global Digital Holdings, a US subsidiary of Hitachi, has acquired 100% of the outstanding shares of GlobalLogic Worldwide Holdings, the parent company of GlobalLogic.  Read More>>
Cox Automotive acquires FleetMaster and targets Europe 
Leeds-based Cox Automotive has acquired a business specializing in workflow technology for rental, leasing, and dealerships. The deal will enable Cox Automotive to expand its capabilities to customers and prospects in Europe to access mobility services across the international market. Read More>>
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