L&T Technology wins $45 mn tech deal from US automotive company

L&T Technology Services has won a tech deal worth $45 million from a U.S. based automotive Tier 1 company, to be its strategic engineering partner and provide engineering services for its Electric Vehicle (EV) product portfolio.
L&T Technology Services
L&T Technology Services did not reveal the name of the automotive company.

Under the terms of the 5-year agreement, LTTS will work with the automotive customer to deliver solutions leveraging its e-mobility technology competence. Notably, this will be delivered from LTTS’ ER&D center in Krakow, Poland.

LTTS plans to have over 300 engineers working from its Krakow, Poland center in the next 3 years, marking its expansion into Eastern Europe.

Amit Chadha, CEO & Managing Director, L&T Technology Services said: “We have been investing in Electric, Autonomous and Connected Vehicle (EACV) as part of our 6 big bets and our engineers have developed several new scalable e-mobility solutions that can accelerate global automotive players’ EV development journey.”

LTTS has been recognized as a Leader in Everest Group’s Autonomous, Connected, Electric & Shared Mobility Automotive Engineering study. Zinnov Zones ER&D Services Report rated LTTS as a Leader in Telematics and ADAS as well as an overall Leader in the Automotive vertical. ISG Group also rated LTTS as a Leader in Smart Manufacturing Services for Automotive domain.

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