Lumax Auto Technologies Ltd (LATL), a key subsidiary of the Lumax-DK Jain Group, has announced the appointment of Satish Sundaresan as its new Chief Technology Officer (CTO), effective March 1, 2025. Sundaresan, who previously served as Managing Director of India and Chief Strategy Officer at Elektrobit, brings over 24 years of experience in the automotive and mobility technology sectors.
Sundaresan’s extensive background in technology and strategy will be vital as LATL seeks to enhance its position in the evolving automotive landscape. With a rapidly changing industry driven by advancements in digitalization, sustainability, and the integration of high-performance computers (HPCs) for improved processing and safety, Sundaresan is well-equipped to spearhead innovation at LATL.
Sundaresan emphasized the importance of innovation in his new role, stating, “I am excited to join LATL and lead efforts to drive technological progress at a time when the automotive industry is undergoing a significant transformation.”
Lumax Auto Technologies Ltd has built a strong reputation in the automotive market, with a diverse range of products, including intake systems, integrated plastic modules, seat structures, transmission products, telematics solutions, and green fuel technologies. However, with emerging technologies shaping the future, LATL is focused on adapting to these changes and maintaining a practical, execution-driven approach.
As electric vehicles (EVs) continue to gain traction, with hundreds of new models set to launch in 2025, the sector is expected to see a massive growth of 6.5 times by 2035, reaching a market value of 200 billion Euros. Sundaresan’s expertise in managing fast-paced technological shifts, particularly in areas like cloud computing, IoT, edge computing, and microservices, positions him as a strategic leader to guide LATL through this transition.
With his appointment, LATL is poised to stay ahead of industry trends and continue to innovate, setting new standards in automotive technology and the rapidly evolving EV market.
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