logo
TRATON Group selects LTTS as a strategic engineering partner

TRATON Group selects LTTS as a strategic engineering partner

L&T Technology Services announced that it has been chosen by the TRATON GROUP, one of the world's leading manufacturers of commercial vehicles, as a strategic engineering partner. This collaboration in LTTS' Mobility segment will support TRATON's roadmap to build a unified, future-ready product development platform that delivers scale, speed, and sustainable mobility solutions worldwide.
TRATON is reshaping its global R&D ecosystem to unlock cross-brand synergies while expanding the share of battery-electric vehicles in line with its 2029 profitability and sustainability targets. LTTS' selection will see the company provide engineering support, from mechanical and software engineering to digital systems integration - across key development hubs in Sweden, Germany, the United States, Poland, and India.
The collaboration positions LTTS to deepen existing workstreams and pursue new programs across TRATON's brands, spanning software-defined vehicle architectures, electrified powertrains, autonomous & ADAS feature development, and advanced digital engineering toolchains. These capabilities align with LTTS' Mobility charter, leveraging its expertise in engineering intelligent and sustainable solutions to create safer, smarter, and more personalized mobility experiences for a global clientele.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Ola Diamondhead Showcased: 0-100 kmph In 2 Secs, Rs 5 Lakh Target Price
Ola Diamondhead Showcased: 0-100 kmph In 2 Secs, Rs 5 Lakh Target Price

NDTV

time3 hours ago

  • NDTV

Ola Diamondhead Showcased: 0-100 kmph In 2 Secs, Rs 5 Lakh Target Price

Ola Electric has showcased the prototype of the Diamondhead electric motorcycle at its Sankalp 2025 event. While revealing the details of the electric motorcycle, the brand revealed that it expects to begin production of the machine by 2027. All of it while targeting a price of Rs 5 lakh. This is a significant development because the bike is focused on performance and is claimed to have a 0-100 km/h time of 2 seconds. The Diamondhead features a cutting-edge design. True to its name, it has a diamond-shaped front end, a sleek horizontal LED light strip, an innovative headlamp, and a sharp rear. The bike that was showcased boasted sleek body panels that distinguished it from other electric motorcycles. Also Read: Ola has mentioned that it will use lightweight materials such as space-grade aluminum, carbon fiber, and magnesium in the construction of the Diamondhead, aiming to reduce weight and enhance performance. While features like active aerodynamics and adaptive suspension have been present in motorcycles for some time, the Diamondhead will introduce active ergonomics as well. This feature intends to assist the rider in maintaining better control of the bike's functions by adjusting the handlebars or foot pegs during the ride. Additionally, the Diamondhead will be equipped with safety features like ADAS, traction control, and AI integration. Furthermore, the overall experience is expected to be improved with Ola's development of a 'Smart AR' helmet and smart wearables, creating a cohesive ecosystem with the motorcycle. The power source for the Diamondhead is Ola's Bharat Cell 4680 battery. By the time it enters production, Ola plans to enhance this battery for increased power, extended range, and improved performance. Upon its market release, it will rival other high-end electric motorcycles such as the Ultraviolette F77.

Ola S1 Pro Sport Electric Scooter Launched In India At Rs 1.50 Lakh
Ola S1 Pro Sport Electric Scooter Launched In India At Rs 1.50 Lakh

NDTV

time4 hours ago

  • NDTV

Ola S1 Pro Sport Electric Scooter Launched In India At Rs 1.50 Lakh

Ola Electric has launched the sportiest version of the S1 electric scooter, called the S1 Pro Sport. The electric scooter has been introduced at a starting price of Rs 1.50 lakh (ex-showroom) and comes with an improved design over the current iteration. Furthermore, it gets the electric two-wheeler manufacturer's new 4680-type battery, which is claimed to offer quicker charging time, higher energy density, while lowering the cost of production. Beginning with the appearance, the Ola S1 Pro Sport gets design changes over the standard version of the model. To begin with, the electric two-wheeler gets a redesigned apron with the brand's logo in the centre, placed right above the camera, which will be used for ADAS features like collision detection. To support the aforementioned feature, the scooter gets MoveOS 6. Along with this, the scooter has a new design for the seat and a carbon fiber front fender. There is also a new carbon fibre grab handle and a new aero windshield. The new EV comes equipped with 14-inch wheels. The new Ola S1 Pro Sport features a powertrain that includes an indigenously produced ferrite electric motor, which achieves a peak power output of 16 kW and a peak torque of 71 Nm. This motor, designed and developed in-house, lessens the reliance on imported rare earth elements for its magnets. The scooter is equipped with a 5.2 kWh battery pack utilizing the new 4680 cells, which, in combination with the updated motor, provides a maximum speed of 152 kmph, accelerates from 0 to 40 kmph in just 2 seconds, and claims an IDC range of 320 km.

As regulatory curbs seem to ease fintechs bet on festive spark in unsecured lending play
As regulatory curbs seem to ease fintechs bet on festive spark in unsecured lending play

Time of India

time9 hours ago

  • Time of India

As regulatory curbs seem to ease fintechs bet on festive spark in unsecured lending play

Academy Empower your mind, elevate your skills ETtech The digital lending sector is anticipating a turnaround in FY26, after more than a year of a slowdown amid growth pangs, expecting the coming festive season to trigger a revival of the unsecured credit insiders across fintechs like BharatPe, and Paytm , and traditional lenders like Poonawala Fincorp and L&T Finance said the regulatory clampdown on unsecured lending in 2024 and early 2025 is showing signs of ebbing. This is encouraging large banks and non-banking financial companies (NBFCs) who typically co-lend with fintechs to slowly open up to unsecured credit.'We will power our consumer lending play primarily with our own NBFC, and we are currently getting our internal systems right, so that once the festive season comes, we can quickly scale up disbursals,' said Nalin Negi, chief executive officer, BharatPe. The New Delhi-based fintech, which is mainly into merchant lending, is preparing to grow its consumer lending business. BharatPe owns around 74% in Trillionloans, a registered One97 Communications , which runs Paytm, showed a strong growth in its financial services business in the June quarter, primarily driven by unsecured merchant and consumer insiders believe that the stress in the unsecured sector has bottomed out and are expecting a return to growth in the coming months. They, however, noted that it will not be a rapid recovery since rate cuts by the central bank always take time to its March quarter analyst call, Paytm also spoke about positivity around consumer lending business. 'It does feel like that we are towards the bottom of what our potential is on that platform… maybe 6 or 12 months from now, we'll be getting a lot more monetisation out of that,' said Madhur Deora, chief financial officer at sentiments are being echoed by top executives at large NBFCs. Firms like Poonawala Fincorp and L&T Finance, which work with fintechs like PhonePe, Paytm, and Amazon to power their unsecured lending business, reported growth in the June quarter and issued a positive outlook for the rest of the fiscal year.'I do believe that the situation in the market is slowly improving, the sort of the mini cycle we saw in some asset classes, especially unsecured and microfinance, are showing signs of dissipation,' said Sudipto Roy, chief executive officer, L&T Finance. 'I think it will take another two quarters for the industry to see full dissipation.''H2 will be very, very good, especially starting with the festive season and in Q4 (FY26),' Roy sector entered into the slow lane following the Reserve Bank of India's November 2023 diktat on increasing the risk weightage on unsecured personal loans by 25 basis points. As banks and NBFCs slowed their unsecured lending business, fintechs suffered as such loans contributed to most of their an April 2025 note, credit rating agency Icra said it expects Rs 19-20.5 lakh crore in incremental credit expansion this fiscal, an increase of nearly 10.8%. Digital lenders are hoping to grab a substantial chunk of this growth opportunity.A senior executive at an NBFC pointed out that lenders are in the business of risk and they avert lending for a prolonged period of time. But risk weights are being revisited, and growth will be through enough caution.'We are getting enquiries for partnerships both from fintechs who want to work with our NBFC and from lenders who want to source through our app, but we have to recalibrate this business, pricing, tenure, volumes and others,' said Negi at BharatPe.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store