- KPIT Technologies added 13 new OEM clients across truck, passenger car, and off-highway segments in FY2026.
- Honda cancelled new EV platform programmes, impacting two major SDV programme ramp-downs for KPIT in Q1 FY2027.
KPIT Technologies announced significant customer expansion during its investor update released on May 7, 2026, highlighting the addition of 13 new clients during FY2026, which ended in March 2026. The company stated that the newly secured business includes four truck OEM clients, six off-highway OEM customers operating across four countries, and three passenger car OEMs. The development reflects the company’s continued focus on strengthening its global software engineering footprint across multiple automotive segments while expanding relationships with vehicle manufacturers pursuing software-defined mobility technologies.
The company also confirmed that it secured a new engagement from a Japanese Tier-1 supplier for next-generation digital cockpit delivery programmes spanning three OEMs initially. According to the update, the engagement is expected to expand further to five OEMs over time. The programme is expected to support advanced cockpit software and integration capabilities as automakers continue increasing investments in connected vehicle experiences, intelligent interfaces, and software-centric vehicle architectures.
KPIT Technologies FY2026 Client Expansion Overview
The following table highlights the new customer additions and strategic programme developments announced by the company during FY2026.
| Category | Details |
|---|---|
| New Clients Added | 13 clients in FY2026 |
| Truck OEM Clients | 4 new customers |
| Off-highway OEM Clients | 6 customers across 4 countries |
| Passenger Car OEMs | 3 new customers |
| Digital Cockpit Programme | Initial rollout across 3 OEMs with expansion planned to 5 OEMs |
In addition to its OEM expansion, KPIT Technologies announced a micromobility partnership with Hero Motors. The collaboration will focus on developing software and system integration capabilities for the two- and three-wheeler market, beginning with deployments in India. The initiative aligns with growing demand for software-enabled mobility solutions in lightweight electric and urban mobility platforms, particularly within rapidly evolving emerging markets.
Despite the positive business additions, the company also disclosed near-term challenges related to two large SDV programmes that are expected to ramp down simultaneously during Q1 FY2027. One of the programme reductions was described as a planned transition as the programme progressed toward production readiness. However, the second development came unexpectedly after Honda cancelled all new EV platform programmes in April 2026. The automaker reportedly absorbed a USD 15 billion one-time balance sheet impact associated with the decision.
The simultaneous programme ramp-downs are expected to create short-term business pressure for the company even as it continues expanding its customer base globally. The cancellation of new EV platform initiatives by Honda also reflects broader industry caution around electric vehicle investment timelines, platform profitability, and evolving market demand conditions. Companies operating in software-defined vehicle ecosystems are increasingly balancing long-term technology investments with immediate cost and capital allocation priorities.
Frequently Asked Questions
How many new clients did KPIT Technologies add in FY2026?
KPIT Technologies added 13 new clients during FY2026 across multiple automotive segments including truck OEMs, passenger car OEMs, and off-highway vehicle manufacturers. The company stated that the additions included four truck OEM customers, six off-highway OEM clients spread across four countries, and three passenger car OEMs. The company also secured a Japanese Tier-1 supplier programme for digital cockpit delivery, which is expected to expand from three OEMs initially to five OEMs in the future.
Why did Honda’s EV programme cancellation impact KPIT Technologies?
Honda cancelled all new EV platform programmes in April 2026, which directly affected one of the large SDV programmes associated with KPIT Technologies. The company stated that two major SDV programmes would ramp down simultaneously during Q1 FY2027, including one unexpected cancellation linked to Honda’s decision. The automaker also reported taking a USD 15 billion one-time balance sheet hit, highlighting the financial implications tied to its revised EV platform strategy.
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