Tech Mahindra Joins Foxconn’s MIH Consortium For Sustainable Automotive

- Advertisement -

MIH Consortium is an open EV alliance that promotes collaboration in the mobility industry. The partners will leverage key technologies and develop reference designs & standards to bridge the gap for alliance members

A leader in re-engineering services and digital consulting, Tech Mahindra recently announced its partnership with Foxconn-initiated MIH (Mobility in Harmony) Consortium. It is an open EV alliance that promotes collaboration in the mobility industry. The partners intend to focus on developing sustainable mobility and autonomous driving solutions while also building next-gen EVs.

As per the official statement, Tech Mahindra will help MIH build the software-defined car architecture and platforms while also providing its software, design development, and consulting expertise to deliver value to customers and stakeholders. The partnership will also focus on leveraging key technologies and developing reference designs and standards to bridge the gap for alliance members, enabling accelerated innovation and shorter development cycles.

- Advertisement -

 

Human Centric Experience

Global Head (Integrated Engineering Services) at Tech Mahindra, Narasimham RV commented the following about the collab: “The Indian Electric Vehicle market size is estimated to grow at a CAGR of 65.1%(2022-2029). At Tech Mahindra, we aim to contribute to this growth and our partnership with MIH Consortium is a step forward in this direction. Together with MIH Consortium, we will focus on making EV cars a reality by 2025 by creating intelligent, innovative, and sustainable mobility solutions and infrastructure. We are confident that our technical prowess in the automotive sector and decades of experience in the field of engineering coupled with MIH Consortium’s strong expertise in mobility will help generate groundbreaking results in the EV market.”

It is interesting to note that under the NXT.NOW™ framework, Tech Mahindra is working for digital growth and ‘Human Centric Experience’. The company expects the current collaboration to take this endeavour forward.

“We at MIH are very pleased to have Tech Mahindra onboard with our Consortium as they bring close to 26 years of deep automotive domain expertise to the alliance. Their lead into EV vehicle technologies would very well add immense value to the alliance and its members in furthering the vision of creating an open EV ecosystem that promotes collaboration in the mobility industry. I look forward to welcoming Tech Mahindra into the Alliance and foresee them to be a very critical player in this consortium,” said Consortium CEO Jack Cheng.

MIH Consortium, which has over 2,460 members from 65 countries, is working for an open EV ecosystem to promote collaboration in the mobility industry and build the next generation of EV, autonomous driving, and mobility service applications. It includes key OEMs, Tier 1 suppliers, and Electronic Stability Programs(ESPs) to standardize EV tech to spearhead the EV revolution.

With a presence in over 90 countries, Tech Mahindra claims to offer innovative and customer-centric digital experiences to enable all to ‘Rise’. It focuses on leveraging next-gen tech like 5G, Blockchain, Quantum Computing, Cybersecurity, AI, etc to enable end-to-end digital transformation for global customers.


 

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Buzz

Infineon Beats Estimates With Stellar Q1 Results

0
The demand for chips by automakers has led to a steady rise in profits for Infineon. German semiconductor manufacturer Infineon Technologies topped estimates of its...

Pandemic Boosted Organic LED (OLED) Tablet Penetration

0
Samsung, making OLEDs since 2014, leads the way Emerging tech and declining manufacturing costs making OLED popular Apple expected to bring OLED iPads...

Netflix To Showcase GM EVs in TV Shows, Movies

0
The partnership between Netflix and General Motors (GM) is aimed at exposing people to EVs in a natural way. Netflix announced it would collaborate with...

Exclusive

Pandemic Boosted Organic LED (OLED) Tablet Penetration

0
Samsung, making OLEDs since 2014, leads the way Emerging tech and declining manufacturing costs making OLED popular Apple expected to bring OLED iPads...

India’ 22: Premium Segment Share Up by 11%; Overall Fall in Smartphone Shipments

0
Smartphone shipments fell 9% YoY in 2022 in India The premium segment brought 35% of total smartphone market revenue in 2022; Apple led...

ONE Raises $300 mn; Set To Launch LFP Cell Factory

0
Our Next Energy (ONE) raised $300 million in Series B equity led by Fifth Wall and Franklin Templeton Michigan-based energy storage technology company, Our Next...

Important Sectors

Infineon Beats Estimates With Stellar Q1 Results

0
The demand for chips by automakers has led to a steady rise in profits for Infineon. German semiconductor manufacturer Infineon Technologies topped estimates of its...

Pandemic Boosted Organic LED (OLED) Tablet Penetration

0
Samsung, making OLEDs since 2014, leads the way Emerging tech and declining manufacturing costs making OLED popular Apple expected to bring OLED iPads...

Netflix To Showcase GM EVs in TV Shows, Movies

0
The partnership between Netflix and General Motors (GM) is aimed at exposing people to EVs in a natural way. Netflix announced it would collaborate with...

India’ 22: Premium Segment Share Up by 11%; Overall Fall in Smartphone Shipments

0
Smartphone shipments fell 9% YoY in 2022 in India The premium segment brought 35% of total smartphone market revenue in 2022; Apple led...

ONE Raises $300 mn; Set To Launch LFP Cell Factory

0
Our Next Energy (ONE) raised $300 million in Series B equity led by Fifth Wall and Franklin Templeton Michigan-based energy storage technology company, Our Next...

Manufacturing

Infineon Beats Estimates With Stellar Q1 Results

0
The demand for chips by automakers has led to a steady rise in profits for Infineon. German semiconductor manufacturer Infineon Technologies topped estimates of its...

Honda, GM Partner To Develop Hydrogen Fuel Cell

0
The global hydrogen fuel cell vehicle market is estimated to generate $43,208.3 million by 2031. Japanese automaker Honda Motor Co announced that it would collaborate...

Adding The Edge In The Embedded Edge Market With SiMa.ai

0
SiMa in Hindi means edge, and that is exactly what this startup has brought to the embedded edge market. By integrating Machine Learning on...

Foxconn Hires Former Nidec CEO As Strategy Chief For EVs

0
Foxconn Technology group's latest hire has decades of experience in the automotive industry with names such as Nissan and Dongfeng Motors in his portfolio. Foxconn...
Bharat

Bharat Electronics Misses Profit Estimates For Q3

0
Bharat Electronics has declared an interim dividend of 60% payable to all the eligible shareholders holding shares as of the record date. Shares of Bharat...