Tata Technologies named strategic supplier by Volvo Cars for global engineering solutions
Volvo Cars, a pioneer in automotive safety and sustainability, is transforming the future of mobility through electrification, software-defined vehicle (SDV) platforms, and smart in-car technologies. The company has set ambitious goals for sustainable growth, aiming to offer consumers mobility solutions that are safe, personal, and environmentally responsible.
The expanded partnership with Tata Technologies strengthens a long-standing relationship between the two companies. Tata Technologies will play a crucial role in supporting Volvo Cars' transformation through end-to-end product engineering, embedded software solutions, and Product Lifecycle Management (PLM) services.
Tata Technologies will deliver these services from its global network of delivery centers, including its Automotive Centre of Excellence in Gothenburg, Sweden, as well as key locations in India, Romania, and Poland. This global presence allows Tata Technologies to offer scalable and agile engineering support aligned with Volvo Cars' strategic priorities.
Through this collaboration, Volvo Cars will benefit from Tata Technologies' deep domain expertise, advanced digital capabilities, and a proven track record in automotive transformation. The partnership is expected to enhance Volvo Cars' global engineering capacity and accelerate its journey towards next-generation, software-defined electric vehicles.
This strategic engagement reinforces Tata Technologies' position as a trusted partner for global automotive OEMs and underlines its vision of driving innovation in a rapidly evolving mobility ecosystem.
Ahmedabad Plane Crash
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
4 hours ago
- Business Upturn
Nifty 50 top gainers today, July 3: Dr. Reddy's, Apollo Hospitals, Hero MotoCorp, ONGC and more
By Aman Shukla Published on July 3, 2025, 15:41 IST Indian equity markets closed in the red on Wednesday, July 3, after a choppy trading session. The benchmark indices slipped slightly, with the Sensex falling 170 points to settle at 83,239.47, while the Nifty 50 ended 48 points lower at 25,405.30. Despite the weak broader market sentiment, several heavyweight Nifty 50 stocks stood out by posting decent gains, led by Dr. Reddy's Laboratories, Apollo Hospitals, and Hero MotoCorp. Below is a detailed look at the top gainers of the Nifty 50 (as per Trendline) for the day. Nifty 50 Top Gainers on July 3 Dr. Reddy's Laboratories closed at ₹1,295.00, up 1.9% . Apollo Hospitals Enterprises ended at ₹7,572.50, rising 1.8% . Hero MotoCorp closed at ₹4,310.60, up 1.6% . Oil and Natural Gas Corporation finished at ₹244.00, gaining 1.2% . Maruti Suzuki India ended at ₹12,750.00, up 1.0% . Cipla closed at ₹1,507.50, up 0.7% . Infosys ended at ₹1,618.70, higher by 0.5% . IndusInd Bank closed at ₹862.00, also up 0.5% . Asian Paints finished at ₹2,430.50, up 0.5% . Bajaj Auto ended the session at ₹8,392.50, with a gain of 0.4%. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Apollo HospitalsDr Reddy'sHero MotocorpNiftyONGC Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
5 hours ago
- Business Upturn
IEX reports 6.5% YoY growth in June 2025 electricity trade
The Indian Energy Exchange (IEX) recorded a 6.5% year-on-year increase in electricity traded volume, reaching 10,852 million units (MU) in June 2025. In the same period, 32.32 lakh Renewable Energy Certificates (RECs) were traded, marking a sharp 636% rise from June 2024. For the first quarter of FY26, IEX reported 32,382 MU in total electricity traded volume, up 15% year-on-year. The REC segment saw 52.65 lakh certificates traded, up 149% from the year-ago period. These figures come despite a 1.5% dip in national energy consumption in June due to early monsoons, according to government data. Lower demand and improved supply liquidity led to a decline in prices across key markets. The Day-Ahead Market (DAM) saw prices fall 28% YoY to Rs 3.90/unit in June. Real-Time Market (RTM) prices were down 26% to Rs 3.73/unit. For Q1 FY26, average DAM and RTM prices fell 16% and 20% respectively, with heavy rainfall on May 25 pushing RTM rates as low as Rs 1.53/unit. Market activity varied by segment. DAM volumes dipped 5% in June and 7% in Q1, while RTM grew 34% YoY in June and 41% in Q1. Term-Ahead and Contingency segments fell 30% in June but rose 12% for the quarter. The Green Market traded 964 MU in June, up 30% YoY, and 2,660 MU in Q1 FY26, a 51% increase. The next REC trading sessions are scheduled for July 9 and July 30, 2025. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
5 hours ago
- Business Upturn
ONGC and Mitsui O.S.K. Lines sign HoA to develop Very Large Ethane Carriers
Oil and Natural Gas Corporation Limited (ONGC) and Japan-based Mitsui O.S.K. Lines Ltd (MOL) have signed a Heads of Agreement (HoA) on July 3, 2025, to collaborate on the development, ownership, and operation of two Very Large Ethane Carriers (VLECs). In the exchange filing, the company shared, 'Oil and Natural Gas Corporation Limited (ONGC) and Mitsui O.S.K lines Ltd, Japan (MOL) have signed a Heads of Agreement on 3rd July 2025 to enter into a partnership to build, own and operate two Very Large Ethane Carriers (VLECs).' The proposed VLECs will be used to transport imported ethane to ONGC Petro Additions Limited (OPaL), a wholly-owned subsidiary of ONGC. The ethane will serve as feedstock for OPaL's petrochemical operations. This move is aimed at securing a stable supply of feedstock for domestic production. The partnership is subject to approval from the respective Boards of both companies. Further details regarding the project structure, timelines, and investment commitments will be shared upon the final signing of the partnership agreement. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
