Articles from MotoringTrends

Škoda Auto Volkswagen India Student Car Project Engineers A Pickup Truck Concept

MT Bureau — Tue, 24 Sep 2024 16:59:00 GMT

The students of the Škoda Auto Volkswagen India Private Limited (SAVWIPL) Academy’s Dual Vocational Training have engineered a pick-up truck concept out of the Taigun SUV.

Developed in various phases that included conceptualisation of car concept finalisation to collection of ideas, market analysis, research and development, procurement, packing and final testing, the pick-up truck concept has been built by merging the Taigun SUV and the Virtus sedan.

If the images depict a considerable rear overhang, the pick-truck concept, designed by students involved 3D printing of various parts, highlighting in-turn the advances in 3D printing technology to tackle design challenges. The concept vehicle has been equipped with specialised accessories like underbody protection, studded tyres, ambient lighting, and special roof-mounted lights, completing the rugged pickup truck design.

Throughout the project, the students of the mechatronics stream were mentored by skilled professionals at SAVWIPL. They helped and guided the students to collaborate with suppliers and industry experts, helping them bring their innovative ideas to life. This project is one among other initiatives that the company is driving in line with the Government's focus on skilling of youth as envisaged in the

One Ride 2024 Unites The Global Royal Enfield Community

MT Bureau — Tue, 24 Sep 2024 07:59:00 GMT

Royal Enfield brought together its customers across the globe under the “Global Royal Enfield’ community initiative on 22 September 2024.

Amounting to over 41,370 riders-owners, the initiative saw the 13^th edition of Royal Enfield’s largest global ride – the One Ride – being conducted. Attracting participation from than 66 countries to highlight their passion for riding through their Royal Enfield machines, helmets and other riding gear under the theme, ‘Be Bold. Be Seen. Be One’, the Eicher Group motorcycle manufacturer with headquarters in Chennai, brought together 16,170 riders in India out of the 41,370 riders that came together the world over. The Indian riders came from 490 cities in the country.

This year’s ‘One Ride’ focused on helmets and how they help riders to express their individuality. Witnessing a phenomenal turnout across the globe where riders showcased their unique personality through their helmets, the initiative got Royal Enfield riders from 66 countries outside of India.

In the APAC region, 6,480 riders joined 80 rides across Thailand, Indonesia, Korea, Australia and other nations. In Europe and EMU, 9,980 riders participated in 313 rides through Italy, France, Germany, Spain and beyond. Latin America saw 9,000 riders in 100 rides spanning Colombia, Peru, Argentina, Ecuador and El Salvador. In North America, over 100 riders joined nine rides across the USA, Canada, Mexico and Brazil.

Samvardhana Motherson International Raises INR 64.38 Billion

MT Bureau — Mon, 23 Sep 2024 14:25:00 GMT

Samvardhana Motherson International, one of the largest automotive component supplier has concluded its capital raise of INR 64.38 billion (USD 771 million approximately) on 20 September, 2024.

The company says it received strong interest from both domestic and foreign institutional investors, leading to substantial demand over the issue size. Over 95 percent of allocations were made to marquee long-only investors such as mutual funds, insurance and pension funds, foreign institutional investors (FIIs). The issue resulted in the further diversification and strengthening of the shareholder base.

SAMIL states it has become one of the few successful issuers of Equity and Compulsorily Convertible Debentures in a composite issuance (equity of INR 49.38 billion and CCDs of INR 15 billion). The transaction subscription was done at a share price of INR 190/share while the floor price as per SEBI ICDR regulations was INR 188.85/share.

The proceeds from the issuance will be mainly directed towards debt repayment, thereby further strengthening SAMIL’s balance sheet and enhancing its position to capitalise on various growth opportunities. Some of the proceeds will be used towards general corporate purposes.

Laksh Vaaman Sehgal, Director, SAMIL said, “This transaction reinforces investors' confidence in our robust business model based on our long-term relationships with global OEMs. The success of this transaction is a testimony to investors’ belief in our strategic direction and our execution capabilities, which are based on prudent financial policies while delivering sustained growth and enhanced shareholder value. We remain thankful to our customers and investors for their continued trust in Motherson.”

Audi India Launches ‘100 Days Of Celebration’ With Exciting Offers

MT Bureau — Mon, 23 Sep 2024 14:14:00 GMT

Audi India has launched its '100 Days of Celebration' festive campaign to mark the historic milestone of 100,000 Audi cars on Indian roads.

The 100-day celebration campaign offers a 10 percent discount on service plans and comprehensive service value plans, as well as a 10 percent discount on extended warranties and Audi original accessories. Customers may also take advantage of a 20 percent discount on Audi authentic items and collections, as well as attractive finance and exchange options, making it an excellent opportunity to experience the luxury of Audi.

Balbir Singh Dhillon, Head of Audi India, said, “As we proudly celebrate the milestone of 100,000 Audi cars on Indian roads, we are extending our commitment to progress this festive season with our '100 Days of Celebration' campaign. We have curated exclusive benefits for our esteemed customers, enhancing the entire ownership experience. We are also offering unmatched loyalty and corporate benefits, along with exciting finance and exchange offers. We anticipate positive buying trends to continue during the festive season. Our best-selling models – the Audi A4, A6, Q3, Q3 Sportback, Q5, Q7 and the newly launched Q8 continue to drive robust demand. We are equally optimistic about our e-tron range, featuring India's first EV supercars, the e-tron GT and RS e-tron GT.”

Yamaha RayZR Street Rally Edition With LED DRL And Answer Back Function Launched At INR 98,130

MT Bureau — Mon, 23 Sep 2024 12:32:00 GMT

India Yamaha Motor (IYM) has launched the updated RayZR Street Rally, featuring an 'Answer Back' function and LED Daytime Running Light (DRL).

The scooter is now available in all-new Cyber Green colour along with existing colour options - Ice Fluo-Vermillion (only in Blue Square Showrooms) and Matte Black - and will be available at a price of INR 98,130 (Ex-showroom, Delhi).

The updated RayZR Street Rally gets the ‘Answer Back’ function, which combines convenience, advanced technology, and comfort. This feature enables riders to easily locate their RayZR Street Rally in crowded areas with just a click of the ‘Answer Back’ button on the mobile app, while it responds with flashing blinkers and beeps from its buzzer.

In addition, the LED DRL adds to the aesthetics while also offering improved visibility for other road users and pedestrians alike. The new variant also gets refreshed styling elements, enhancing the overall design of the scooter.

Eishin Chihana, Chairman, Yamaha Motor India Group of Companies said, “Yamaha is thrilled to launch the upgraded version of RayZR Street Rally, a scooter perfect for young adventurers who demand motorcycle-like tough-and-sporty design with the utility of a scooter. The two-wheeler embodies superior quality with global production standards, delivering a smooth and spirited ride. The latest enhancements in the RayZR Street Rally showcase Yamaha's dedication to innovation and excellence, and at the same time, redefine the market standard in terms of riding experience for our target audience.”

The Japanese automaker states that the scooter is built on the concept of armoured energy and the RayZR Street Rally features the 125cc Fi Blue Core engine and Hybrid Power Assist for improved performance and efficiency.

The air-cooled, fuel-injected engine, paired with the Smart Motor Generator (SMG) ensures quicker, easier and quieter starts. Additionally, the brush guard, sleek metal plates and block pattern tyres add to the rugged build of the two-wheeler. It is lightweight and E20 fuel compatible with 21 litres of storage under the seat and also comes equipped with front telescopic suspension, side stand engine cut-off switch, automatic stop-and-start system and fully digital instrument cluster with Y-Connect BT connectivity.

Mitra Chem Selected To Get Upto $125 Million In Funding From US Government

MT Bureau — Mon, 23 Sep 2024 11:05:00 GMT

Mitra Chem, an EV battery maker focussing on lithium iron phosphate (LFP) and lithium manganese iron phosphate (LMFP) chemistry, has been selected by the U.S. Department of Energy's (DOE) Office of Manufacturing and Energy Supply Chains and the state of Michigan's Competitiveness Fund for up to $125 million (INR 10 billion) in awards.

The substantial funding, with additional funding anticipated from the state of Michigan, will support Mitra Chem to establish a cutting-edge battery material manufacturing facility in Muskegon, Michigan.

The site is claimed to be the first mass production facility for lithium iron phosphate cathodes in North America. Mitra Chem is launching the American Production of Lithium Iron Phosphate and Future Innovation (AmPLIFI) project as a linchpin to building a robust domestic electric vehicle battery supply chain that is cleaner, safer, faster, more affordable, and independent of China. The grant, aligned with the goals of the Inflation Reduction Act, marks a significant step towards establishing the United States as a global leader in battery manufacturing for EVs, energy storage systems (ESS), and defence applications.

Mitra Chem will partner with Sun Chemical, which brings 100 years of advanced particle engineering, expertise in manufacturing and production efficiency, existing regulatory permitting, and extensive U.S. manufacturing infrastructure.

Vivas Kumar, CEO, Mitra Chem said, "This award selection represents a pivotal moment for the entire U.S. battery industry. By bringing advanced battery production to American soil we're securing our energy future and positioning the U.S. at the forefront of the global electric vehicle revolution. The support from the DOE and Michigan, and our collaboration with Sun Chemical, will accelerate Mitra's mission to revolutionise next generation battery production."

The Michigan-based facility will focus on developing and manufacturing next-generation materials for electric vehicles and battery storage. Mitra Chem will apply its acceleration platform that leverages machine learning and automation to unlock high throughput development and materials testing at 10x the speed of current industry practices. This project is expected to create hundreds of high-skilled jobs in the region while significantly advancing the domestic clean energy sector.

Russell Schwartz, CTO, Sun Chemical said, "The partnership between Mitra Chem and Sun Chemical brings together expertise in advanced materials and large-scale chemical manufacturing. By combining Mitra Chem's cutting-edge battery technology with a century of manufacturing experience, we're setting a new standard for innovation in cathode active materials for electrical storage. This project will demonstrate the power of American ingenuity and industrial might."

The company claims that till date 100 percent of battery grade iron phosphate (FP) and Lithium Iron Phosphate (LFP) is produced outside of the United States, with 99 percent coming from China. By localising material production, the initiative aims to reduce US dependence on fragile global supply chains, alleviating an over reliance on global competitors.

By 2027, Mitra Chem aims to nearly double the U.S.'s LFP production capacity (15,000 tonnes of new LFP per year), with plans to double production again (30,000 tonnes per year) after that. As the facility scales up, it has the potential to supply batteries for millions of electric vehicles annually, marking a significant leap forward in America's clean energy capabilities.

Made-in-India Hyundai Exter SUV Reaches South Africa

MT Bureau — Mon, 23 Sep 2024 10:41:00 GMT

L-R: Stanley Anderson - Sales and Operations Director, Hyundai Automotive South Africa; Tarek Mosaad – Business Planning & Strategy Director of Hyundai Motor Middle East and Africa; Bryan Park – CEO and Head of Hyundai Motor Middle East and Africa, and Gideon Janse van Rensburg – CEO, Hyundai Automotive South Africa, at the launch of Made in India Hyundai Exter in South Africa.

Hyundai Motor India (HMIL), one of the leading passenger vehicle manufacturer in the country, has announced the expansion of its exports portfolio with the addition of the Hyundai Exter compact SUV.

The Hyundai Exter will now be available to customers in South Africa making it the eighth model to be exported to the country from India.

Jae Wan Ryu, Function Head - Corporate Planning, Hyundai Motor India said, “South Africa has always been an important export market for HMIL, as most of the models that are manufactured at HMIL’s factory in Tamil Nadu are exported to South Africa. Also, 2024 is a milestone year for HMIL as it marks 20-years of exporting worldclass products to South Africa. Made in India, Made for the World is a testament to HMIL’s manufacturing prowess as it is evident that our products are not only loved by the Indian audience, but garner appreciation from customers the world over. I am confident that the Hyundai Exter would be highly appreciated in South Africa, replicating its success story and tremendous popularity in India.”

Hyundai Motor India commenced the export of Exter compact SUV by dispatching the first lot of 996 units to South Africa. Exter will be Hyundai’s eighth model offering in the country after Grand I10 Nios, Aura, I20, I20 N Line, Venue, Venue N Line and Alcazar.

The Hyundai Exter is manufactured exclusively by HMIL, has already surpassed the milestone of 100,000 sales in India within a year of its launch. In 2024, Exter portfolio was expanded with the introduction of the Hy-CNG (Dual Cylinder CNG) and Knight Edition variants.

Hyundai Motor Company and Skoda Group To Explore Hydrogen Mobility Ecosystem

MT Bureau — Mon, 23 Sep 2024 10:20:00 GMT

Hyundai Motor Company and Skoda Group have signed a Memorandum of Understanding (MoU) to commence collaboration on establishing a hydrogen mobility ecosystem.

The signing ceremony took place at the Korea-Czech Republic Business Summit in Prague, was attended by Ken Ramirez, Executive Vice-President and Head of Global Commercial Vehicle and Hydrogen Business at Hyundai Motor Company, and Petr Novotny, CEO of Skoda Group.

The partnership covers study on adoption of hydrogen fuel cell systems and technologies, study on adoption of energy efficient solutions for mobility projects and products and exploring hydrogen ecosystem and value chain opportunities beyond mobility.

Ken Ramirez said, “Our partnership with Skoda Group aims to accelerate hydrogen adoption, which would contribute to the advancement of hydrogen technology and carbon neutrality across global markets, including the Czech Republic. Together with Skoda Group, we strive to lead the rapidly growing hydrogen businesses by creating positive synergies between our fuel cell technology and Skoda Group’s mobility products and projects.”

Petr Novotny added, “We believe that hydrogen, alongside energy-efficient solutions, will play an essential role in transforming mobility for a more sustainable future. Our collaboration with Hyundai Motor Company aims at enabling us to look beyond national borders and explore wider markets where these technologies can have a larger impact. By working together, we can bring innovative, eco-friendly solutions to the global mobility ecosystem, advancing cleaner energy in the areas where it's needed most.”

Both parties share the view that hydrogen will be a key pillar for a sustainable society, starting with mobility. As part of the understanding, the partners will explore the possibility that Hyundai would share its fuel cell system and technology, contributing to the acceleration of eco-friendly mobility across global markets where Skoda Group operates, including the Czech Republic.

Hyundai Motor Company and Skoda Group will also conduct feasibility studies for fuel cell system applications for diverse utilisation beyond mobility. Leveraging its global expertise and insights in operating various hydrogen applications in both mobility and energy sectors, Hyundai is poised to play a pivotal role in aiding the energy transition.

In addition, Hyundai Motor Group is committed to building a hydrogen society under its hydrogen value chain business brand HTWO, which encompasses the Group’s businesses and affiliates, enabling each stage of the entire hydrogen value chain.

Established in 2008, Hyundai Motor Manufacturing Czech (HMMC) in Nosovice has an annual manufacturing capacity of 3,50,000 vehicles. Considered one of the most modern car manufacturers in Europe, the manufacturing plant was also the largest foreign investment in the Czech Republic.

Indian Automakers Look At China For Vehicle Testing And Validation?

Bhushan Mhapralkar — Mon, 23 Sep 2024 08:59:00 GMT

Using safety as the trump card to differentiate their products, homegrown automakers in India are taking to China rather than Europe to test and validate their vehicles.

An industry leader in the research and development wing of one of the homegrown automakers revealed recently on the condition that his identity is not revealed because he is not authorised to talk, that to ship a prototype vehicle to Europe has become very costly and is therefore out of the question.

The tilt towards China marks a significant shift from the practice of shipping the prototypes to European regions in Germany and to winter testing regions in North Sweden because it would aid the engagement of European suppliers and because of the high concentration of knowledge and experience in winter car testing in that respective region.

With China turning out to be a highly cost-effective destination for testing and validation past the virtual stage, Indian automakers are striving to offer advanced safety technologies such as ADAS at a much lower cost than many others – European automakers in particular – are able to offer.

A trend among homegrown automakers is also to acquire advanced lab and virtual ‘testing and development’ equipment/software etc. to ensure they have to ship their protos overseas only for some very critical testing and validation purposes.

The research and development facilities of Indian homegrown automakers are currently a place of much action in terms of acquiring advanced testing, development and validation equipment so that much of it could be carried out ‘in-house’ in the most cost-effective manner, mentioned an industry source.

He averred that the development of test tracks in India is complementing the facilities invested into by automakers such as the Mahindra Research Valley in Chennai, Ashok Leyland’s facility on the outskirts of Chennai and Tata Motors ERC facility in Pune.

The investment in equipment and facilities for design, development, testing and validation by Indian homegrown automakers is also helping in the development of multi energy architectures as well, he elaborated.

The shift from Europe to China and eventually in-house has led to many European agencies in the technology, testing and validation sector for automobiles tie up with Indian companies in the respective space, said another industry source aware of the developments.

“It is not unusual to see Indian validation and testing equipment providers work closely with Indian homegrown automakers to acquire advanced equipment worth billions of Rupees for development of advanced technologies like ADAS at a fraction of cost that it would take to develop in Europe or some other advanced markets,” he added.

Such investments are helping them to differentiate their product offerings on the front of safety, he underlined.

Image for representative purpose only.

CII Hosts Panel On Building Last-Mile Connectivity

MT Bureau — Sat, 21 Sep 2024 14:31:00 GMT

The Confederation of Indian Industry (CII) hosted a high-level roundtable discussion focused on ‘Building Last Mile Connectivity: Flexible, Affordable, Sustainable Solutions’ to chart a path towards a more inclusive and sustainable mobility ecosystem in India.

The discussion brought together leaders from various sectors, including policymakers, aggregators and think tanks, and deliberated on the opportunities and problems associated with improving last-mile connectivity, with a focus on smart mobility solutions like bike taxis and the function of public-private partnerships in doing so. During the conversation, participants emphasised how smart mobility solutions may create jobs, lessen traffic and cut down on pollution. The panel also covered the significance of sustainability in the design of future transport networks and underlined the necessity of laws that guarantee the creation of livelihoods while promoting the green transition.

Harsh Malhotra, Minister of State, Ministry of Road Transport and Highways, attended the ceremony as the Chief Guest via video conference. The panel featured Mahmood Ahmed, Additional Secretary, Ministry of Roads, Transport and Highways; Surendra Ahirwar, Joint Secretary, DPIIT; Sudhendu Sinha, Advisor, Mobility, NITI Ayog; and Mike Orgill, Head of Public Policy, Asia-Pacific, Uber.

Aggregators like Shadowfax, Rapido and Uber discussed the difficulties experienced by bike taxi drivers in the conversation. The main obstacle has been the absence of commercially viable two-wheelers that can offer bike taxi operators a safe and reasonably priced substitute for ICE motorbikes. They also mentioned that one of their main concerns was the difference in the electrification timeframe between delivery service providers and passenger transport.

Malhotra noted that new-age mobility solutions that enable affordable travel, like app-based on-demand bike taxis and auto rides, are emerging as popular choices among commuters today and are increasingly playing a pivotal role in improving first- and last-mile connectivity. He emphasised the importance of government and private sector collaboration in improving last-mile connectivity for passengers and businesses alike. In order to reach India's goal of Net Zero by 2070, he also emphasised the importance of the transport sector in the country's clean energy transformation. "Thoughtful partnerships between the public and private sectors in this space that guarantee smooth last-mile travel can help alleviate traffic congestion and generate employment opportunities for millions of people," stated Malhotra.

A Variety Of Models From Sinotruk At IAA 2024

MT Bureau — Sat, 21 Sep 2024 12:59:00 GMT

At the IAA Transportation 2024 show in Germany, Sinotruk showcased a range of new commercial vehicles under the theme ‘Zero to Hero’.

Besides an upgraded ‘Yellow River’ hydrogen internal combustion engine tractor with an impressive drag coefficient of just 0.286, the Chinese company presented the Sitrak hydrogen fuel tractor and the Howo Tongshuai pure electric light truck.

With the innovative design, inspired by a droplet shape that enhances aerodynamics, the highlight of the “Yellow River’ hydrogen ICE (it has also set a Guinness World Record by traveling 4,871 km on a full tank, according to the Sinotruk), the Sitrak electric drive tractor the company exhibited, is engineered for long-haul logistics with a drive range of up to 450 km and does 825 kW of power as well as 75,000 Nm of torque.

The Tongshuai light electric truck, on the other hand, is fitted with a 100-kWh battery that can be charged in just about 20 minutes. The Bolden pickup truck is equipped with a Weichai WP2H 2.0T diesel engine that does 187 hp of power and 420 Nm of torque.

Toyota Kirloskar Motor Showcases Special-Purpose Iconic Hilux At Himtech

MT Bureau — Sat, 21 Sep 2024 10:59:00 GMT

Toyota Kirloskar Motor (TKM) showcased a special-purpose Hilux (modified with the support of an authorised external vendor) at the Himtech 2024 symposium organized by the Indian Army jointly with FICCI (Federation of Indian Chambers of Commerce & Industry).

Built with the need to supply of best equipment and solutions to the defense forces in mind (and in line with the national goal of ‘Raksha Atamanirbharta’), the special-purpose Hilux – adhering to Toyota’s renowned quest for quality, durability and reliability – as a field deployment vehicle (FDV) is capable of heavy-duty applications. Undergoing successful trails with the Northern Indian Army Command some time ago and proving its adaptability for demanding military operations in the process, this vehicle is suited for tasks such as remote location diagnostics and repair as well as the movement of supplies and spare parts.

The other Hilux that the Japanese company displayed is capable of exceptional off-road performance; is equipped with upgraded suspensions, specialised tyres and a snorkel to handle rugged and difficult terrains. It is modified to highlight enhanced capabilities for rough terrain, ensuring reliability even in extreme conditions.

Speaking about TKM’s participation in Himtech 2024, an event organised by Indian Army and FICCI with emphasis on utilising military technology for high altitude areas (HAA), V Wiseline Sigamani, Vice President – Strategic Business Unit (North), Toyota Kirloskar Motor, said, “We are honoured to participate in Himtech 2024 and showcase the distinctive features of specially-purposed Hilux (modified with the support of an authorized external vendor). The global iconic reputation of Hilux being a powerful performer is the courtesy of its rigid Innovative Multi-purpose Vehicle (IMV) platform and a strong powertrain system. These modified vehicles reflect Toyota’s technological capabilities in developing customised solutions to meet the unique customer requirements (e.g. army purposes) and great practicality for various commercial usages. Further, these vehicles have been engineered keeping in mind the operational challenges of army troops be it the drivability through rough terrains, patrolling movement, surveillance including night visions, digital video for recording and winch for rescue operations during emergency situations and more.

Held at the Rinchen Auditorium Grounds, Leh, Ladakh, on 20th and 21st September 2024, Himtech 2024 witnessed the presence of senior officials from the Army Commands, Air Force, ITBP (Indo-Tibetan Border Police), defense users and other key dignitaries.

Hyundai Motor And Škoda Group Collaborate For Establishing Hydrogen Mobility Ecosystem

MT Bureau — Sat, 21 Sep 2024 01:29:00 GMT

Hyundai Motor Company and Škoda Group have signed a memorandum of understanding (MOU) to jointly work on establishing a hydrogen mobility ecosystem.

The signing ceremony took place at the Korea-Czech Republic Business Summit in Prague and was attended by Ken Ramírez, Executive Vice President and Head of Global Commercial Vehicle and Hydrogen Business at Hyundai Motor Company, and Petr Novotný, CEO of Škoda Group.

The MOU focuses on the deployment of hydrogen fuel cell systems and technology, the adoption of energy-efficient solutions for mobility projects and goods and the exploration of hydrogen ecosystem and value chain prospects beyond mobility. Hyundai Motor Group is dedicated to creating a hydrogen society through its hydrogen value chain business brand HTWO, which includes the Group's companies and affiliates and enables each stage of the hydrogen value chain.

The collaboration aims to accelerate eco-friendly transportation in worldwide markets, including the Czech Republic, by sharing fuel cell systems and technology. Hyundai Motor Company and Škoda Group will perform feasibility studies on fuel cell systems for various purposes beyond mobility. Hyundai is set to play a critical role in assisting with the energy transition by leveraging its worldwide knowledge and insights into running diverse hydrogen applications in both the transportation and energy sectors.

Commenting on the collaboration, Ramírez said, “Our partnership with Škoda Group aims to accelerate hydrogen adoption, which would contribute to the advancement of hydrogen technology and carbon neutrality across global markets, including the Czech Republic. Together with Škoda Group, we strive to lead the rapidly growing hydrogen businesses by creating positive synergies between our fuel cell technology and Škoda Group’s mobility products and projects.”

“We believe that hydrogen, alongside energy-efficient solutions, will play an essential role in transforming mobility for a more sustainable future. Our collaboration with Hyundai Motor Company aims at enabling us to look beyond national borders and explore wider markets where these technologies can have a larger impact. By working together, we can bring innovative, eco-friendly solutions to the global mobility ecosystem, advancing cleaner energy in the areas where it's needed most,” said Novotný.

BPCL Extends Partnership With Ionage For EV Charging Ecosystem

MT Bureau — Fri, 20 Sep 2024 18:20:00 GMT

Bharat Petroleum Corporation (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company, has extended its partnership with Ionage, an e-mobility service provider based in Bengaluru.

The strategic collaboration aims to enhance the accessibility and convenience of electric vehicle charging infrastructure across India.

Ionage aggregates charging stations from various Charge Point Operators (CPOs), allowing customers to access a vast network of EV chargers through a single platform, significantly increasing ease of use for EV owners nationwide.

The announcement follows the success of BPCL’s BPC eDrive Initiative, launched in February 2022, which has led to the extension of the partnership. This will see the integration of BPCL’s EV chargers into Ionage’s unified platform.

Pardeep Goyal, Business Head, Retail, BPCL said, “We are pleased to extend our partnership with Ionage. At BPCL, accessibility and convenience of customers is of prime importance for utilisation of charging infra. Our collaboration with Ionage will enable customers to utilise BPC chargers from Ionage’s aggregation platform”

Vimal Kumar, CEO, Ionage added, "At Ionage, our vision is to create a cohesive and comprehensive ecosystem that supports the needs of all electric vehicle owners and operators. And in line with this vision, we are happy to have extended our partnership with a robust and well-respected brand like BPCL, who not only offers the fast EV charging facilities on highways, but also offers the secure place to unwind and take breaks. This is a significant step towards making EV charging more accessible and reliable across India".

The agreement was signed between S Kannan, Chief General Manager Marketing (Retail), BPCL, and Vimal Kumar, CEO, Ionage, in the presence of Pardeep Goyal, Business Head, Retail, BPCL.

Ionage aims to integrate over 1,00,000 EV chargers onto its platform by 2028.

Piaggio Vehicles Launches Aprilia RS457 Ad Campaign Featuring John Abraham

MT Bureau — Fri, 20 Sep 2024 15:38:00 GMT

Piaggio Vehicles Pvt Ltd, the manufacturer of Vespa and Aprilia, today unveiled the first instalment of its Aprilia RS457 ad campaign featuring John Abraham, Bollywood actor and brand ambassador of Aprilia.

The campaign challenges the industry's conventional rules while delving deeply into the emotional essence of motorcycling, with the Aprilia RS457 at its centre. Nigel Simpkiss is the director of the four-film series. Every film is a masterfully constructed story that delves into the nuanced feelings that are entwined with the riding experience. The advertising campaign perfectly encapsulates the feelings of freedom, adrenaline and solitude that come with riding a motorbike. Centrick, a boutique creative firm renowned for its cutting-edge methodology, is responsible for the campaign's conception and execution. The first film, titled ‘FUN’, is live now and attempts to redefine the standard for motorbike advertising.

Commenting on the ad campaign, John Abraham said, “The Aprilia RS457 feeds my passion and is a symbol of the unbridled joy and many emotions that come with riding. This campaign is a raw, unfiltered expression of the rider's soul – a call to those who crave the rush of adrenaline, the thrill of the unknown and the freedom of the open road. I am excited for Aprilia fans, riders and motorcycle purists to see these films and I am sure they will find it relatable and encourage them to get on an Aprilia themselves!”

Diego Graffi, Chairman and MD, Piaggio Vehicles, said, “Aprilia has always been about pushing boundaries. This campaign is a bold statement of our intent to redefine the motorcycle ownership experience. This campaign, brought to life by John Abraham’s charisma, perfectly captures the spirit of Aprilia. We are confident that it will resonate with our target audience and strengthen our position in the market.”

Apoorva Saigal, AVP – Corporate Communication and 2W Marketing, Piaggio Vehicles, added, "We discovered a void in the market – while specs and performance are undeniably crucial, they alone do not ignite the passion that drives riders. This campaign is a testament to our deep understanding of the modern rider. This campaign is about creating a movement, a community of riders who feel understood and celebrated. John Abraham, a passionate biker himself, brings an unparalleled authenticity to the campaign. His raw energy and connection with the Aprilia RS457 are palpable in every frame. We believe that Aprilia has the power to ignite a passion that goes beyond the ride itself. It’s about igniting emotions, not just showcasing features.”

Tata Motors Partners With ESAF Small Finance Bank For CV Financing

MT Bureau — Fri, 20 Sep 2024 15:01:00 GMT

Tata Motors, India’s largest commercial vehicle manufacturer, has signed a memorandum of understanding (MoU) with ESAF Small Finance Bank to offer tailored financing solutions to its commercial vehicle customers.

The deal will initially focus on finance for small commercial vehicles (SCVs) and light commercial vehicles (LCVs) and will be gradually extended for Tata Motors' entire commercial vehicle portfolio.

To meet the changing needs of the logistics and mass mobility segments, Tata Motors offers a wide range of sub-1-tonne to 55-tonne cargo vehicles and 10-seater to 51-seater mass mobility solutions. These vehicles range in small commercial vehicles and pickup, truck and bus segments. The company has a vast network of over 2,500 touchpoints, staffed by skilled professionals and supported by convenient availability of Tata Genuine Parts.

Vinay Pathak, Vice President & Business Head – SCV&PU, Tata Motors, said, “Our partnership with ESAF Small Finance Bank enhances access to seamless financing solutions for our customers in deeper pockets of the country. It reiterates our commitment to support our customers with tailored and efficient solutions, empowering them to meet their business goals. This collaboration further strengthens our endeavour to boost entrepreneurship and job creation, particularly in first- and last-mile logistics.”

Hemant Kumar Tamta, Executive Vice President, ESAF Small Finance Bank, added, “We are excited to partner with Tata Motors, to offer tailored financing solutions to customers. Our shared vision of empowering entrepreneurs aligns perfectly with this partnership. With our extensive network and expertise in financial inclusion, we are confident that this partnership will stimulate significant growth and support the ambitions of commercial vehicle businesses.”

Ultraviolette Unveils F99, India’s First-Ever Superbike

MT Bureau — Fri, 20 Sep 2024 14:38:00 GMT

Ultraviolette Automotive, an innovator in future-ready electric vehicle platforms and battery technology, has unveiled India’s first-ever superbike, the F99 Factory Racing Platform, in line with its theme of ‘Designed in India, Designed for the World’. The company also announced that the bike will aim to claim Indian speed records in the ensuing 90 days.

The F99 is a first for the Indian two-wheeler sector, having been fully envisioned, designed and engineered in Ultraviolette's R&D HQ in Bengaluru. According to Ultraviolette, it has a confirmed power output of more than twice that of any production motorbike made by an Indian company. The bike can go from 0 to 100 km/h in three seconds, with a maximum speed of 265 km/h. The release states that within the following 90days, the F99 would attempt to set two records: ‘the fastest quarter mile for an Indian motorcycle’ and ‘the highest top speed for an Indian motorcycle’.

The F99 Factory Racing Platform, which was initially shown at EICMA, Milan 2023, embodies Ultraviolette's desire to expand its use of racing to push the boundaries of technology-enabled design. Innovation on the platform would allow for advances that would also be applicable to the F77 platform.

Narayan Subramaniam, CEO, Ultraviolette Automotive, said, “We believe Innovation to be a duty and a responsibility to the future of India. For long, we’ve looked to the East and West and used ‘Value Engineering’ as a means to deflect the onus of truly making world-class products in India. With the talent available locally and the focus on design and technology cultivated through upskilling and job creation by startups, there is no reason India can’t dream of having a world-class brand in performance motorcycling – to not dream of it would be a disservice to our generation.”

Niraj Rajmohan, CTO, Ultraviolette Automotive, added, “Disruptive technology like the F99 platform – that is among the fastest and most advanced electric bikes in the world – will help India reinforce its status as a top player in the automotive sector. Whilst known for contract manufacturing, we believe that with the right focus and application, the time is ripe for India to take its rightful place in the pecking order of design-led, desirable auto brands in the world.”

Maruti Suzuki Launches WagonR Waltz Limited Edition

MT Bureau — Fri, 20 Sep 2024 13:50:00 GMT

Maruti Suzuki India Limited (MSIL) has launched the WagonR Waltz Edition, priced at INR 564,671 (ex-showroom). This limited-edition vehicle combines elegant design changes and sophisticated technology to make the famous WagonR more appealing to today's buyers.

The WagonR Waltz Limited Edition includes a variety of exterior features such as fog lights, wheel arch cladding, bumper guards, side skirts, body side moulding, designer floor mats, interior styling kits, and a striking front chrome grille, among others. These changes modernise the hatchback's appearance, increasing its overall attractiveness. In addition, the WagonR Waltz Edition features a touchscreen music system, security system and a reverse parking camera.

The WagonR, which made its debut in 1999, has grown to become one of India's most recognisable hatchbacks, setting standards for dependability and client happiness. The WagonR has been trusted by over 3.25 million people, making it one of the best-selling vehicles in the nation. The Maruti Suzuki WagonR is available with two K-series engine options (1.0L and 1.2L) that combine Idle Start Stop (ISS) technology with Dual Jet and Dual VVT technology. Both of these models have a 1.0L engine and a manual gearbox option, and they are available with a choice of an AGS or manual gearbox for petrol and CNG fuel. The hatchback also has a number of safety features, including two airbags, an electronic brakeforce distribution (EBD)-equipped Anti-lock Braking System (ABS), electronic stability control (ESC) and hill-hold in AGS.

GoMechanic Expands EV Servicing Footprint

MT Bureau — Fri, 20 Sep 2024 13:25:00 GMT

GoMechanic, India’s premier tech-enabled automotive service provider, is set to launch EV-specific workshops across major cities, including Delhi, Mumbai, Chennai, Bangalore and Hyderabad, in line with its strategic expansion to cater to the rapidly growing demand for electric mobility.

The announcement comes after Nitin Gadkari recently predicted that India's yearly EV sales would cross the 10-million-mark by 2030, opening up an INR-20-trillion industry. This increase is in line with GoMechanic's goal of growing its network of EV service centres to better serve the changing needs of fleet operators and individual owners. It is also supported by government incentives like the third phase of the Faster Adoption & Manufacturing of Electric Vehicles (FAME) scheme, which is set to launch soon.

As part of the expansion plan, GoMechanic will open 100 EV-specific workshops across key metropolitan areas by March 2025, aiming to double the number of workshops by FY2026. “These workshops will be equipped with cutting-edge technology, including real-time diagnostics, battery health monitoring and AI-powered predictive maintenance, ensuring the highest level of service for EV owners,” said Muskan Kakkar, Co-Founder and COO, GoMechanic.

In order to provide predictive maintenance and real-time EV health monitoring, GoMechanic is also in the process of incorporating telematics and IoT-based diagnostics into its operations. Leading EV manufacturers in India, such as BluSmart, MoEVing, Zypp Electric and Evera, are already receiving servicing for their three- and four-wheelers from GoMechanic. With the growth of the local EV market and the backing of programmes like the production-linked incentive (PLI) scheme, which will increase domestic battery cell manufacture, these collaborations are expected to grow. GoMechanic wants to lower energy use and emissions in the environment by keeping a big number of EVs in the transportation sector.

According to Himanshu Arora, Co-Founder of GoMechanic, the company is poised to become a key player in the EV ecosystem over the next five years, accomplishing the target of servicing 10,000 EVs by March 2025. "Our goal is to not only expand our service network but also to become a trusted partner for fleet operators and individual EV owners alike, offering cost-effective and efficient solutions tailored specifically for electric vehicles," said Arora.

Ultraviolette unveils ‘India’s First-ever Superbike’

MT Bureau — Fri, 20 Sep 2024 12:59:00 GMT

In line with the theme, ‘Designed in India, Designed for the World’, Ultraviolette Automotive has unveiled its latest offering – the F99 Factory Racing Platform. It is claimed to be India’s first-ever electric superbike that has been fitted with a liquid-cooled motor that does up to 120 hp.

Said to be first of its kind in India with a confirmed power output that is more than twice that of any production motorcycle by an Indian company, the F99, in the next 90 days, according to the company, will achieve the highest top speed for an Indian motorcycle. It will also run to achieve the fastest quarter mile for an Indian motorcycle.

It is a testament to India’s growing prowess as a hub for innovation, design and engineering beyond its widely known credentials as a contract manufacturer for other companies and their value-engineered products, mentioned the company.

Narayan Subramaniam, CEO, Ultraviolette Automotive, expressed, “We believe Innovation to be a duty & a responsibility to the future of India. For long, we’ve looked to the East & West and used ‘Value Engineering’ as a means to deflect the onus of truly making World class products in India. With the talent available locally and the focus on design & technology cultivated through upskilling & job creation by start ups, there is no reason India can’t dream of having a world-class brand in performance motorcycling – to not dream of it, would be a disservice to our generation.”

Niraj Rajmohan, CTO, Ultraviolette Automotive, averred, “Disruptive technology like the F99 platform – that is among the fastest & most advanced electric bikes in the World – will help India reinforce its status as a top player in the Automotive sector. Whilst known for contract manufacturing, we believe that with the right focus & application, the time is ripe for India to take its rightful place in the pecking order of design-led, desirable auto brands in the World.”

The F99 Factory Racing Platform brings to fruition, Ultraviolette’s intent to double down on using Racing to push the envelope on Technology-enabled Design. Innovation on the platform would facilitate breakthroughs that would translate on to the F77 platform as well – now available in 5 cities through UV’s network of ‘Space Stations’ – Hyderabad, Kochi, Ahmedabad, Pune & Bengaluru open now with the cities of Delhi, Mumbai, Chennai, Visakhapatnam & Mangalore joining the ranks in the next month.

Scania At MINExpo International

MT Bureau — Fri, 20 Sep 2024 11:59:00 GMT

Scania highlighted its ‘Think big, act small’ approach at the recently held MINExpo in Las Vegas, demonstrating in the process the way it is supporting mining companies in their quest to become more agile, lean and sustainable.

The Swedish manufacturer displayed the R 620 10x4 mining truck at the exhibition. This mining machine is fully equipped with a sensor system for autonomous operation. It is engineered to offer industry-leading payload efficiency, faster cycle times, low emissions, high safety standards and lower cost per transported tonne compared to other alternatives.

Powering the truck is a 16.4-litre V8 engine that produces 620 hp of power and 3000 Nm of torque. It is paired to Scania's GRSO905R overdrive Opticruise transmission.

With a focus on cost and operational uptime, the mining truck adheres to Scania’s philosophy of offering not only the most efficient combustion engines in the industry but also electric and autonomous truck solutions that meet the challenges faced by its diverse pool of customers in different parts of the world.

“Our ‘Think big, act small’ approach has really struck a chord with our customers,” said Tobias Ekstedt, Director and Head of Scania Mining, in Las Vegas. “They understand how well it meets their challenges and how we at Scania, with our payload-efficient, truck-based solutions, are offering a sustainable pathway to the future for them,” he added.

Of the opinion that the global mining industry is in a transformation process right now, just like so many other sectors, Ekstedt averred, “Our solutions regarding autonomy and electrification are on the brink of a breakthrough in agile mining. Until it really takes off, we also offer the industry’s most sustainable and efficient solutions: the autonomous truck we have on display at MINExpo is a perfect illustration of our capabilities.”

Stressing that some 12,000 mining trucks of the commercial vehicle major are operational right now, Ekstedt commented, “Being successful in the mining industry takes certain capabilities for suppliers like us,” “But rest assured that with our long experience and our willingness to spend on R&D, we are offering exactly what the industry needs. Basics must be in place, and on top of that we are at the forefront by offering sustainability and the very latest technology within autonomy and electrification for increased payload efficiency per head,” he articulated.

Yamaha Launches ‘The Call of The Blue’ Version 4.0

MT Bureau — Fri, 20 Sep 2024 02:28:00 GMT

India Yamaha Motor (IYM) today launched the version 4.0 of its flagship brand campaign, ‘The Call of The Blue’, cementing its premium positioning in the Indian two-wheeler market.

The latest campaign is aimed at young people and highlights Yamaha's philosophy, essential principles and rich history throughout the world. Moreover, it emphasises strengthening their ambition to develop into a true riding enthusiast. It is a wonderful fit for the nation's customers' evolving tastes and preferences, which are shifting towards premium experiences and superior performance. The new marketing slogan, "Hear the Call Now," is an extension of the previous one, "Have You Heard the Call?" Its goal is to increase the expectations of upcoming adult motorcycle riders for Yamaha products. In order to promote the most recent campaign, Yamaha has also released a new film that features the new ‘The Call of the Blue’ song, which is specifically designed to appeal to the musical preferences of today’s youth.

Eishin Chihana, Chairman, Yamaha Motor India Group of Companies, said, “At Yamaha, we are extremely proud of extending the joy of motorcycling to Indian consumers through our impeccable product portfolio and immersive ownership experience over the years. We are streamlining our strategies to the unique needs of the youth of today. By introducing the 4th edition of ‘The Call of The Blue’ brand campaign, we are reinforcing our brand values by inspiring young afficionados to awaken the rider within them. We are confident that this new version will be a success and will help in strengthening our position in this dynamic market while also differentiating us from others.”

Ultraviolette’s Fifth Flagship Store Comes Up In Hyderabad

MT Bureau — Thu, 19 Sep 2024 16:49:00 GMT

Bengaluru-based premium electric motorcycle maker Ultraviolette Automotive has opened its latest UV Space Station Experience Centre in Hyderabad.

This makes it’s fifth such facility for Ultraviolette in India, which includes the flagship experience centre in Bangalore and the recent launches in Pune, Ahmedabad, and Kochi.

Ultraviolette aims to have 50 experience centres globally, with plans to be present in 10 Indian cities by Diwali 2024.

The new facility is spread across 3,500 sqft, and will operate as a complete 3S centre, offering sales, service, and spares under one roof. It is equipped with state-of-the-art digital diagnostic tools and direct on-call technical support from Ultraviolette’s headquarters in Bengaluru, the Space Station offers a fully immersive experience to the highly discerning audience in Hyderabad.

At present, the company sells the F77 Mach 2, which comes with a 10.3 kWh SRB7 lithium-ion battery; 323km claimed range; 155kmph top speed that can be fast-charged using the company’s network from 20 percent to 80 percent in under 60 minutes.

The company is also offering an impressive 800,000 km battery warranty.

Narayan Subramaniam, CEO & Co-Founder, Ultraviolette said, “The launch of the UV Space Station in Hyderabad aligns with our mission to transform the way we look at mobility. Hyderabad, with its thriving tech ecosystem and forward-thinking policies, is an ideal setting for this milestone. This new Space Station highlights Ultraviolette’s dedication to advancing sustainable mobility and delivering an exceptional experience for motorcyclists. As we broaden our presence in Telangana, our focus remains on driving innovation and supporting the region’s vision of a smarter and more connected future.”

Niraj Rajmohan, CTO & Co-Founder, Ultraviolette, stated, “Hyderabad's dynamic growth and commitment to technology make it an ideal location for our latest UV Space Station. This launch is not just about introducing another state-of-the-art facility; it's a testament to our dedication to enhancing the ecosystem for electric vehicles. Hyderabad is a city that we’ve received a terrific number of enquiries from and we are excited to embark on this new chapter to contribute to Telangana’s green mobility goals."

ZELIO E-Bikes Targets 400 Dealerships By March 2025

MT Bureau — Thu, 19 Sep 2024 16:13:00 GMT

ZELIO E-Bikes, a leading Indian electric two-wheeler manufacturer, has set a target of 400 dealerships by the end of the fiscal year in March 2025 in line with the company's strategy to capitalise on the growing demand for sustainable transportation solutions across urban and semi-urban regions.

ZELIO, which currently has 256 dealers in its network, is concentrating on expanding into regions like Kerala, Tamil Nadu, Jharkhand, Bihar and Karnataka, where there is a significant potential growth in the market for electric vehicles. With one company-owned and company-operated (COCO) showroom and the rest using a franchise-owned, franchise-operated (FOFO) model, the company presently operates across 224 showrooms in a variety of cities. The top-performing markets for ZELIO are now Hisar, Kaithal, Gwalior, Chhatarpur and Bhubaneswar, which has greatly boosted the company's sales growth.

The company's models, including GRACY and the X Men Series of low-speed electric scooters, are the cornerstone of its success. Building on this success, ZELIO just unveiled the Eeva series, which is intended to meet the changing demands of contemporary commuters. Furthermore, ZELIO has paved the way for future innovation with the impending release of its high-speed cargo scooter, which has a 150 kg load capacity and a 90-km range. With the launch of this model, the company has demonstrated its vision by capitalising on the expanding logistics and commercial transport industries by providing electric solutions that meet practical demands.

Kunal Arya, Co-Founder and Managing Director, ZELIO E-Bikes, said, “Our journey at ZELIO E-Bikes has always been driven by a passion for advancing electric mobility. The goal of reaching 400 dealerships by March 2025 represents not just a business milestone but our unwavering commitment to pioneering a sustainable transportation future. Each new dealership is a vital step towards reducing carbon emissions and revolutionising urban commuting across India. On this note, I want to express my sincere gratitude to our existing dealers whose steadfast support and dedication have been instrumental in our success. Their partnership and belief in our vision have helped us create a profound impact in the market. As we continue to grow and explore new opportunities, our focus remains on delivering innovative and accessible solutions that meet the evolving needs of our customers.”

Bobba Group Expands Into Logistics And Supply Chain Consulting

MT Bureau — Thu, 19 Sep 2024 15:25:00 GMT

Bobba Group, a leader in logistics and supply chain solutions, has launched Bobba Projects, its groundbreaking initiative aimed at transforming space planning, project management and supply chain consulting.

The initiative combines cutting-edge technology and industry knowledge to provide creative solutions that improve operational effectiveness and sustainability across sectors. Through this initiative, Bobba Group will be at the forefront of logistics innovation, assisting companies in meeting operational goals and adjusting to the demands of a market that is changing quickly.

With an emphasis on logistics optimisation and supply chain mapping, Bobba Projects provides a wide range of services intended to maximise space utilisation and streamline operations through the use of cutting-edge visualisation tools and data-driven insights to improve decision-making and increase productivity. Bobba Projects assists businesses in streamlining operations, lowering risks and promoting sustainable growth by examining every step of the supply chain, from procurement to final delivery. The Bobba Projects team offers strategic planning and customised project management solutions that guarantee smooth execution and on-time completion from the very beginning of conceptual design to the very end. Bobba Projects provides turnkey project management as well as professional real estate consultancy, including strategic advice on asset management, property acquisition and market navigation.

Sharing her perspective on the initiative, Chandrakala Bobba, Director of Bobba Group, said, “The launch of Bobba Projects represents a significant advancement for our group. This initiative combines our extensive industry expertise with cutting-edge technology to address the evolving needs of businesses today. We are committed to building partnerships that drive operational excellence and sustainable growth, empowering our clients to navigate the complexities of modern logistics with confidence.”

Spinny’s Q3 CY24 Report Highlights Growth In Used-Car Sales

MT Bureau — Thu, 19 Sep 2024 14:47:00 GMT

Spinny, India's full-stack used car marketplace, has published its Q3 CY24 report highlighting a significant growth in the used-car segment in the last two quarters of CY24. The report also mentions the important trends that have emerged in car buyer preferences, financing options and delivery choices.

One of the most notable trends is Honda's ascent back to the top three most popular auto brands, replacing Tata in the rankings along with Maruti Suzuki, Hyundai and City as important models. Furthermore, the Renault Kwid remains a popular vehicle with consumers, ranking in the top three models for the third consecutive quarter alongside the Hyundai Grand i10 and Maruti Suzuki Waggon R. Furthermore, with 12 percent growth over the previous quarter, the compact SUV segment is the category with the fastest rate of growth. Eighty-three percent of buyers indicated that they preferred petrol-powered vehicles, 12 percent diesel and 5 percent compressed natural gas. Red, white and grey are the most popular colours among automobile purchasers.

A 6 percent rise in customers choosing auto financing is indicative of an increasing level of trust in Spinny's financial services, according to its research. Significantly, 60 percent of all purchases were funded by Spinny's easy financing services, highlighting the business's open and customer-focused philosophy. With 65 percent of consumers choosing to buy automobiles online, a 5 percent increase from the previous quarter, the research also shows an increase in digital car purchases. This change reflects India's increasing inclination towards online transactions for auto purchases. Furthermore, there has been a notable increase in hub deliveries; 82 percent of buyers preferred to pick up their vehicles at Spinny Hubs or Spinny Parks, while just 18 percent selected home delivery. The increase in hub deliveries from the previous quarter is 7 percent, with 53 percent of these deliveries taking place at Spinny Parks.

In line with Spinny's efforts to increase the number of women who own cars, the company's data also reveals a sharp increase in first-time car buyers, who now account for 67 percent of all customers. Of these women, 30 percent are female. Another noteworthy change is the increasing inclination of consumers towards manual transmissions, which now account for 76 percent of purchases, up from 70 percent in the prior quarter. In contrast, automatic transmissions have decreased to 24 percent from 30 percent.

Urban areas have seen strong growth in the used luxury car industry, with Delhi leading the way, followed by Bengaluru and Mumbai. Popular models like the Audi A4 and BMW X1 demonstrate India's preference for high-end German vehicles, and the Jeep Compass is now among the best options.

Over a million people used Spinny every day during its recent Freedom Days event, which ran from 15–18 August. The company reported a 15 percent spike in traffic across the country during this time. During this campaign, Bengaluru, Pune and Delhi NCR were the top car-buying regions and cities. Furthermore, the campaign's average buyer age of 36 years showed a little older client base than the average of 32 years earlier. As the necessity and demand for EVs grows, Nexon EV is now the customer's favourite model thanks to Spinny's collaboration with Tata Motors, followed by Tiago EV in Bengaluru, Mumbai and Pune.

Niraj Singh, Founder & CEO, Spinny, said, “The trust our customers place in us reflects our commitment to making car buying and selling simple and delightful. The consistent rise in car financing and the increasing number of women buyers are a testament to young India's embrace of Spinny’s efforts to make used car transactions more transparent and customer-focused, fulfilling aspirations of car ownership and its significance for Indian households. It’s interesting how our dynamic nation continues to evolve every quarter with its diverse tastes, keeping us excited and encouraging us to enhance our services.”

Uno Minda To Setup INR 2.1 Billion Plant In Indonesia, INR 4 billion CAPEX For India Expansion

MT Bureau — Thu, 19 Sep 2024 14:24:00 GMT

Uno Minda, a leading tier-1 supplier has announced its expansion in Indonesia and India.

The company’s wholly-owned subsidiary, PT Minda Asean Automotive (PTMA), has secured additional orders, including orders for long tail lamps for passenger cars from OEMs in Indonesia. To meet this growing demand, Uno Minda will establish a new manufacturing facility in Indonesia, expected to be operational by Q4 FY2026 at an estimated expenditure of INR 2.1 billion.

The tier 1 supplier has been a leading supplier for the Indonesian automotive market since 2005, when it established its first manufacturing facility. PTMA currently supplies components and systems to major two-wheeler OEMs in the country. The new plant will enable Uno Minda to diversify its product offerings and cater to the growing demand for passenger car components. Once the new plant is commissioned, the existing plant will also be relocated to the new site to consolidate operations and achieve economies of scale.

In addition to its Indonesian expansion, Uno Minda is also expanding its capacity in India with its key subsidiary Uno Mindarika recently setting up a new plant in Farrukhnagar, Gurugram, Haryana.

In phase 1 of this new plant, it had set up manufacturing facilities for part products to be used for manufacturing of automotive switches. UMRPL will be shifting existing manufacturing plant from Manesar, Nawada Fatehpur, Haryana to Farrukh Nagar, Haryana in Phase-II with an Investment of INR 1.2 billion. The phased relocation will be completed by Q3 FY2027, ensuring uninterrupted supply to customers and provide flexibility for future growth.

In addition to the above expansion in Indonesia and India, its joint venture company, Toyoda Gosei Minda India, through its subsidiary Toyoda Gosei South India will set up a new plant in Harohalli, Karnataka. This facility will manufacture safety systems (airbags, steering wheels, etc.) and interior and exterior products (console boxes, etc.) to meet the increased demand. The total capital expenditure for this new plant in Harohalli is estimated at INR 2.8 billion, with operations expected to commence in Q1 FY2027.

Honda Cars India Brings Direct Connect Interface With Elevate SUV

MT Bureau — Thu, 19 Sep 2024 14:08:00 GMT

Honda Cars India (HCIL), a leading passenger vehicle manufacturer in the country, has announced the enhancement of its virtual showroom with the introduction of a new Direct Connect interface.

Introduced for the Elevate SUV, the company has employed real-time cloud visualiser technology to offer unmatched user experience. The feature will also be extended to other models.

Direct Connect is a direct-to-customer platform which offers customers a seamless, live interactive experience to explore Honda cars during their on-line car purchase journey. With the integration customers will be able to engage with an expert real-time who will explain the car's features, guide them to choose the right variant, explore accessories all while viewing the effective price estimate.

Kunal Behl, Vice-President, Marketing & Sales, Honda Cars India said, “As technology evolves, HCIL remains steadfast in its commitment towards digitalisation. Our latest platform, Direct Connect, exemplifies this commitment by offering a one-of-a-kind car buying experience to users providing them with a two-way real-time interaction between the user and expert simultaneously. With this visually engaging platform, we aim to give our customers with a unique and enjoyable way to explore the Honda Elevate, enabling them to make informed decisions all from the comfort of their own homes or offices.”

The company says that direct connect initiative enhances customer experience with several key features such as photorealistic view of the Honda Elevate allowing users to change colours, explore features, and visualise accessories. The customers can also book a test drive with their preferred dealerships during the call ensuring a smooth personalised buying journey.

Tata Capital Partners Maruti Suzuki India For Retail Finance For New & Used Vehicles

MT Bureau — Thu, 19 Sep 2024 11:54:00 GMT

Tata Capital, the flagship financial services company of the Tata Group, has signed a Memorandum of Understanding (MoU) with Maruti Suzuki India (MSIL) to offer financing solutions for new and pre-owned cars.

Through this strategic alliance, Tata Capital will provide financing solutions to customers across Maruti Suzuki India’s Arena, Nexa, commercial channel and Maruti True Value brands.

Tata Capital will offer up to 100 percent funding, including tailored products for various customer segments. Additionally, commercial usage vehicle financing will also be available. For pre-owned cars, Tata Capital will provide funding options based on the market value of the vehicle.

This collaboration marks a crucial step in Tata Capital's strategy to expand its presence in the automotive financing sector while leveraging digital platforms to enhance customer service.

Vivek Chopra, COO - Retail Finance, Tata Capital said, "We are pleased to collaborate with Maruti Suzuki India, as this partnership perfectly aligns with our objective of providing comprehensive financial solutions that cater to the diverse needs of our customers and partners. Over the past few years, Tata Capital has also significantly expanded its footprint to over 800 branches across the country.”

Isuzu D-MAX Pick-Up Now Available In New Cab-Chassis Variant

MT Bureau — Thu, 19 Sep 2024 02:22:00 GMT

Isuzu Motors India has launched a new Cab-Chassis variant of its D-MAX pick-up, known for its durability, reliability and productivity, to address specific requirements of customers in the commercial vehicle segment.

The new Isuzu D-MAX 1.7 Single Cab Cab-Chassis Std variant is aimed at customers operating the vehicle across long trips in various businesses such as perishables, FMCG, food & catering, last-mile delivery etc., allowing them the flexibility to construct their own load-bodies to suit the specific business requirements.

Powered by a 2.5 litre ISUZU 4JA1 engine, the Isuzu D-MAX is built on a heavy-duty iGRIP chassis that offers it durability and superior vehicle dynamics. High-tensile steel is used to construct the Isuzu D-MAX's cab for increased safety. The pick-up provides greater stability because of the independent coil springs and rigid leaf springs in the front and rear suspensions, respectively. The driver can use the optimal gear in any driving scenario thanks to the MID (Multi-Information Display) cluster with GSI (Gear Shift Indicator), which maximises the vehicle's torque, fuel efficiency and drivetrain longevity.

With its height-adjustable seat belts, front and rear crumple zones, cross vehicle front beam, door side intrusion, collapsable steering column and underbody steel protection for the drivetrain, it offers best-in-class occupant safety. The D-MAX line also has a Brake Override System (BOS), which disables the engine in the event of panic braking.

Toru Kishimoto, Deputy Managing Director, Isuzu Motors India, said, “With the introduction of the new D-MAX 1.7 Cab-Chassis Std variant in the Isuzu D-MAX portfolio, we are now offering our customers a comprehensive range of product options to choose from, to meet specific needs of different businesses. Under the evolving transportation needs in India, modern customers look for a reliable vehicle that offers versatility and performance that enhances productivity that’s vital for their business. The D-MAX 1.7 Cab-Chassis Std variant is a perfect choice, which will provide customers the flexibility to choose their load-body configuration and maximise value. This is an important product extension to our existing product offerings in the commercial vehicle pick-up segment, enabling customers to ‘Go the extra mile on their path to progress’.”

The D-MAX Single Cab 1.7 Cab-Chassis Std variant is available at an introductory price of INR 999,990 (ex-showroom, Chennai).

Tata Motors Becomes Official Automobile Partner Of Jamshedpur FC

MT Bureau — Thu, 19 Sep 2024 01:31:00 GMT

Tata Motors Commercial Vehicles has signed a three-year agreement with Jamshedpur FC, one of India’s premier football clubs, becoming the official automobile partner for the next three editions of the Indian Super League (ISL).

As part of the agreement, Jamshedpur FC will promote Tata Motors’ Intra range of pick-ups during the upcoming seasons of ISL. Additionally, Jamshedpur FC's official kit will feature the Tata Intra logo on the sleeves of the match jerseys as well as on the team's shorts and Tata Intra advertisements will be displayed on LED perimeter boards during all Jamshedpur FC home matches.

Commenting on the agreement, Shubhranshu Singh, Chief Marketing Officer, Tata Motors Commercial Vehicles, said, “Football is more than just a sport; it brings people together. As Jamshedpur is the cherished home ground of the Tata group, we are happy to associate with Jamshedpur FC – one of the strongest teams in the Indian Super League. This partnership between Tata Motors and Jamshedpur FC is a natural fit, as both entities represent the spirit of 'Har Din Jitaye' or 'Win Everyday’. Just as Jamshedpur FC strives for victory on the field, our Tata Intra is designed to help our customers achieve daily wins in their businesses. The Intra, with its promise of uninterrupted operations and higher profits, mirrors the dedication and performance of the Jamshedpur FC team. We look forward to a successful collaboration that celebrates the pursuit of excellence.”

Mukul Choudhari, Chief Executive Officer, Jamshedpur FC, added, “We are delighted to extend our partnership with Tata Motors as Jamshedpur FC’s official automobile partner for the next three seasons of the Indian Super League. This collaboration has been an integral part of our journey since the club's inception, and it is an honour to promote Tata Intra Trucks, a brand that symbolises reliability and innovation. Together, we aim to continue our growth both on and off the field, while engaging our passionate fans with the values we share.”

Built on Tata Motors’ ‘Premium Tough’ design philosophy, the Intra has gained popularity in its class due to its exceptional driving comfort, fuel efficiency and first-rate customer service. Tata Intra promises better performance, quicker turnaround times and the highest possible profit margin for its owners. There are five different deck configurations for the Intra, namely V10, V20 Bi-Fuel, V30, V50 and V70, making them perfect for a wide range of applications.

Mahindra Offers 1000 New Scholarships Under Annual Saarthi Abhiyaan

MT Bureau — Wed, 18 Sep 2024 21:59:00 GMT

Mahindra Truck and Bus Division (MTBD) has announced 1000 new scholarship scheme for girl child of truck drivers through the annual ‘Saarthi Abhiyaan’.

The initiative, committed to make a small contribution towards transforming the lives of truck drivers’ meritorious girls by supporting their right to higher education, is claimed to be the first of its kind from a commercial vehicle manufacturer in India and includes a sum of INR10,000 and a certificate of recognition of the achievement.

The endeavour marks another significant milestone in Mahindra Truck and Bus Division's ongoing commitment to the Truck driver community, which was initiated with the Mahindra Saarthi Abhiyaan in 2014.

Done through a reach out programme at over 75 transport hubs pan India with well-defined, transparent and independent process, ‘Saarthi Abhiyan’ has until now supported 10,029 young girls, empowering them to pursue their aspirations.

Speaking about the initiative, Vinod Sahay – President, Trucks, Buses, CE, Aerospace and Defence Businesses, Mahindra & Mahindra Ltd, and Member of Group Executive board, Mahindra Group, mentioned, “Through the Mahindra Saarthi Abhiyaan, we are not just providing scholarships but opening doors to a brighter future and instilling hope in young hearts. We are dedicated to transforming lives by providing educational opportunities for the daughters of the truck driver partners. By investing in their futures, we are cultivating a generation of empowered women who will contribute significantly to our communities and the economy at large.

“Our sustained commitment through the Mahindra Saarthi Abhiyaan not only uplifts the daughters of truck drivers, but also fosters a culture of new opportunities and motivation. Through this initiative, we wish to see more women in the commercial vehicle segment and remain steadfast in our commitment to investing in their futures, and developing a stronger, more equitable society where every girl can aspire to fulfil her potential and become the leaders of tomorrow,” averred Jalaj Gupta, Business Head – Commercial Vehicles, Mahindra & Mahindra Ltd.

India To Ensure Sufficient Charging Infrastructure For Massive EV Adoption, Says HD Kumaraswamy

MT Bureau — Wed, 18 Sep 2024 21:36:00 GMT

HD Kumaraswamy, Union Minister for Heavy Industries and Steel, Government of India, today said at a seminar that India will ensure sufficient charging infrastructure to support the massive adoption of electric vehicles across the country.

Speaking at the seminar hosted by FICCI and Ministry of Heavy Industries on 'FAME's Success in Transforming India's EV Landscape', Kumaraswamy also talked about introducing e-vouchers for electric vehicle (EV) buyers to avail of demand incentives under the newly approved PM E-DRIVE (PM Electric Drive Revolution in Innovative Vehicle Enhancement) scheme. "This is a unique new feature of this new scheme. The modalities of this are in an advanced stage and will be shared with you soon," explained Kumaraswamy, further adding that the govt’s goal is to reduce the nation’s environmental footprint, improve air quality and build a competitive and resilient electric vehicle manufacturing industry.

The Union Cabinet introduced the PM E-DRIVE scheme last week with the goal of accelerating the adoption of electric vehicles (EVs) by providing significant upfront incentives and developing essential infrastructure for charging them. The new plan adds a number of new components, such as INR 5 billion set aside specifically for the deployment of e-ambulances, INR 5 billion to encourage the use of electric trucks and INR 20 billion for the installation of 22,000 fast chargers for electric four-wheelers, 1,800 for e-buses and 48,400 for e-two and three-wheelers.

According to Kumaraswamy, 92 percent of the INR 115 billion allotted has been used to encourage around 93 percent of the targeted vehicles. Significant progress has also been made in public transit under the project; as of 31 July 2024, a total of 4,853 e-buses have been supplied out of the 6,862 authorised for intra-city operations.

Vinod Aggarwal, Immediate Past President, SIAM and MD & CEO, VE Commercial Vehicles, highlighted the FAME-II scheme's noteworthy contribution to the growth of India's e-mobility industry. Over 5 percent of the market for two-wheelers, 54 percent of the market for three-wheelers and 1.5 percent of the market for cars has been penetrated by the scheme. Aggarwal pointed out that, in comparison to the prior year, passenger EV sales increased by more than 90 percent and electric two-wheeler sales increased by more than 30 percent in 2023–24, demonstrating the scheme's success in hastening EV adoption throughout India.

Kamran Rizvi, Secretary, Union Ministry of Heavy Industries, said, “With the PM E-DRIVE coming, the Phased Manufacturing Programme, the domestic value addition targets will be tweaked and amended so as to take advantage of our increased capability, and so that we become a truly a world leader in electric mobility technology.

Underlining the FAME II scheme as among the most transformative policies in India and noting that the electric three-wheeler industry was almost zero three years ago, FICCI President and Group CEO & MD, Mahindra Group, Dr Anish Shah, said, “Now, the industry has gone from zero to 20 percent, and we expect this to reach 100 percent in the next five years.”

Stressing the need for innovation, R&D and technology enhancements to maintain global competitiveness, Vikrampati Singhania, Vice President, ACMA and MD & Director, J K Fenner India, said, "The EV and autonomous vehicle market demands precision and advanced components. Investing in R&D, localisation and collaborations with startups and tech leaders will keep our industry at the forefront.”

EKA Mobility Collaborates With Skyline Motors To Deploy Electric Buses In Uttarakhand

MT Bureau — Wed, 18 Sep 2024 20:49:00 GMT

EKA Mobility (Pinnacle Mobility Solutions Pvt Ltd), a leading electric vehicle manufacturer and a subsidiary of Pinnacle Industries, has announced the supply of EKA 9 electric buses to Skyline Motors (India) Private Limited for deployment in Uttarakhand. This marks the company’s first intercity operations and strengthens its mission to provide smart, sustainable and profitable transportation across India.

Featuring a seating capacity of 35+1, a floor height of 900 mm and a powerful 200 kW battery, the 9-metre AC bus will operate on the Dehradun-Rishikesh route via Haridwar, covering a daily distance of 300 kilometres. The rollout is intended to lower carbon emissions, promote Uttarakhand's green transportation goals and provide commuters with a safe, dependable and reasonably priced transit option.

Rohit Srivastava, Chief Growth Officer, EKA Mobility, said, “This partnership marks an exciting step forward for EKA because it supports Uttarakhand’s ambition to become a hub for sustainable transport. We are proud to be working with Skyline Motors to provide an energy-efficient and emission-free commute for travellers. Our advanced electric buses are not only eco-friendly but also cost-effective, offering the best-in-class experience for both operators and passengers.”

Anil Dixit, Managing Director, Skyline Motors (India) Private Limited, added, “Our collaboration with EKA Mobility sets a new standard for intercity public transport in the region. With a daily 300-kilometre range, we are confident that these buses will not only serve as a green alternative but also offer passengers a superior travel experience, further boosting connectivity in Uttarakhand.”

Volkswagen India Opens Two New Sales Touchpoints In Haryana

MT Bureau — Wed, 18 Sep 2024 20:16:00 GMT

Volkswagen India has inaugurated two new sales touchpoints in Panchkula and Rewari in the state of Haryana. With the inauguration of the new touchpoints, Volkswagen India has expanded its footprint in Haryana to 15 sales and 9 service touchpoints.

The Panchkula City Store, located at Industrial Built-up no – 310, Phase – 2, Panchkula, will be managed by Saravdeep Lally, Managing Director, Lally Motors Pvt Ltd and will be staffed by a team of 10 trained officials, while the Rewari touchpoint, located at Plot No 511, South City, Bypass road near Rajesh Pilot chowk, Rewari, will be operated under the leadership of Abhishek Gupta, Director, Triumph Auto Pvt Ltd, along with a team of eight dedicated representatives. The new touchpoints will showcase the brand’s premium product portfolio, comprising the 5-star GNCAP safety-rated Taigun and Virtus as well as the Brand’s globally acclaimed Tiguan SUVW.

Ashish Gupta, Brand Director, Volkswagen Passenger Cars India, said, “The addition of the Panchkula and Rewari touchpoints marks a significant step in strengthening our presence in Haryana. With enhanced development in the state, these new facilities will not only enhance our ability to serve customers with our premium product range but also underscore our ongoing commitment to meeting the growing demand for high-quality, German-engineered vehicles in the region. We are dedicated to providing an exceptional ownership experience through our expanding network.”

Mahindra Offers 1000 New Scholarships Under Annual Saarthi Abhiyaan

MT Bureau — Wed, 18 Sep 2024 17:59:00 GMT

Mahindra Truck and Bus Division (MTBD) has announced 1000 new scholarship scheme for girl child of truck drivers through the annual ‘Saarthi Abhiyaan’.

TSF Group Displays Exhaustive Product Line At IAA Transportation 2024

MT Bureau — Wed, 18 Sep 2024 17:52:00 GMT

TSF Group, a renowned Tier-1 supplier to global automotive OEMs for over 60 years, is showcasing its exhaustive product offerings, including brakes, axles and wheels aimed primarily at the global trailer market, at the ongoing IAA Transportation 2024 in Hannover, Germany.

Brakes India, one of the group companies, will be showcasing its 22.5-inch lightweight monobloc Single Piston Air Disc Brake at the event. The product is made to work with applications for trucks, buses and trailers. As a result of its sturdy construction and testing to international standards, the product is anticipated to set a new standard in the commercial vehicle market. Its wide variety of brake solutions, which include full pneumatic braking systems, for light and heavy commercial vehicles will also be on show.

Axles India will kick off Day 1 with their 9T - 12T trailer axles, which are stronger, fully dressed from hub to hub and compatible with air suspension. There is a choice of disc or drum brakes available for the axles. Wheels India will showcase its lightweight steel wheels, powder-coated black forged alloy wheels and diamond-cut cast alloy wheels for use in trucks, EV buses and low-bed trailers.

Sriram Viji, Managing Director, Brakes India, said, "Brakes India is one of the largest braking system suppliers and our product range includes foundation brakes as well as complete air systems and hydraulic systems for commercial vehicles. At IAA Hannover, we are proud to present our exclusive single piston air disc brake that comes with proven design, field tested for over a million kilometres. Our design team has created the lightest design in the market with improved stiffness and durability. With over six decades of serving international customers, we are optimistic that we can serve OEMs and trailer manufacturers globally with our full range of products.”

“Over the last six decades, Wheels India and Axles India have made it a mission to be the benchmark in global quality with a focus on putting the customer first. We strive to keep evolving our approach to meet our customers’ needs. We believe the best innovation happen indoors with a world-class Research and Development team,” added Srivats Ram, Managing Director, Wheels India and Director, Axles India, members of the TSF Group companies. “We understand the importance of the European market through our existing customers. We have always excelled in meeting the product and service expectations and endeavour to continue to offer value added products to the market.”

Association of Indian Forging Industry Appoints Yash Munot As President, S Ravishankar As VP

MT Bureau — Wed, 18 Sep 2024 17:26:00 GMT

The Association of Indian Forging Industry (AIFI), the apex body representing the forging industry in the country has announced its new officer bearers for 2024-26.

The committee has elected Yash Munot as the new President of AIFI, while S. Ravishankar was elected as the Vice-President.

Munot, who succeeds Vikas Bajaj, had previously served as Vice-President of AIFI from 2020 to 2024, is now also the youngest to be appointed as the President in the organisation's history.

He currently serves as the CEO at Varsha Forgings and the Managing Director at KCTR Varsha Automotive. Munot begun his journey in the forging industry in 2005 joining his family business - Varsha Forgings. He was also instrumental in organising major industry events like IFC 2011, Forgetech India 2016, Asia Forge 2019 and ForgeTech India 2023. He has served as the Western Region Chairman from 2018 to 2020.

“The forging sector in India is at a pivotal juncture, with tremendous opportunities for innovation and growth. Our focus will be on fostering collaboration within the industry, driving technological advancements and promoting sustainable practices. I am committed to working closely with all stakeholders to ensure that our industry not only thrives domestically but also strengthens and enhances its global footprint. Together, we will build on the strong foundation laid by my predecessors and strive for excellence in every aspect of our work," said Munot.

S Ravishankar added, “I will strive for advancing our industry’s progress and tackling the challenges presented by a rapidly changing global landscape. Our priorities will include boosting competitiveness, driving innovation and equipping our members for future opportunities. I look forward to embracing the exciting prospects ahead and contributing to AIFI’s continued success during this transformative era”

He (Ravishankar) currently serves as the MD at Super Auto Forge and has over 25 years of experience in the auto component manufacturing industry. He is a Manufacturing Engineer with Bachelors degree from Annamalai University and Masters degree from The Ohio State University.

It was in 1997, after working in Detroit for two years, Ravishankar returned to India and joined his family business at Super Auto Forge. He has been instrumental in developing the international business of SAF and led the initiative to establish marketing offices in Detroit in 2001, followed by Belgium in 2011. He has been the Chairman of Indo American Chamber of Commerce for the period 2008 – 2009 – Tamil Nadu Branch and currently serves on the Southern Regional Committee of ACMA since 2021.

Mahindra Offers 1000 New Scholarships Under Annual Saarthi Abhiyaan

MT Bureau — Wed, 18 Sep 2024 16:59:00 GMT

Mahindra Truck and Bus Division (MTBD) has announced 1000 new scholarship scheme for girl child of truck drivers through the annual ‘Saarthi Abhiyaan’.

Automechanika Frankfurt 2024 Concludes Successfully

MT Bureau — Wed, 18 Sep 2024 16:32:00 GMT

Automechanika Frankfurt has cemented its position as the leading international trade fair for the automotive industry with the successful conclusion of Automechanika Frankfurt 2024.

The slogan of this year’s Automechanika was ‘Driving Transformation’, with topics such as electrification, vehicle connectivity, driver assistance systems and digitalisation taking the centre stage. The fair was held from 10 to 14 September 2024 and saw 4,200 companies from 80 countries displaying their products and solutions for retail, workshops and industry. Spread over an area of 320,000 square metres and 26 hall levels, the event witnessed a total of 108,000 visitors from 172 countries.

Visitors had the chance to see cars with alternative drive systems up close, such as electric, hydrogen, and hybrid models, and even take a ride in the Future Mobility Park and the related expert forum Innovation4Mobility. For even more highlights, there were brand-new event types available, such as an exhilarating rally. Ninety-four percent of attendees, 70 percent of whom were foreign visitors, expressed satisfaction with the event, not just with the trade fair's offerings but also with their aims being met.

An emphasis on sustainable technologies, products and solutions was highlighted at Automechanika this year. Several talks on remanufacturing and circular economy tactics were held on the stage in the new Sustainability Court in Hall 5.0. This year also saw the opening of ‘Ambition’, a dedicated Gen Z section in Hall 3.1 with live acts, panel discussions and succinct, fascinating presentations to pique the interest of young people in the automotive professions. This action was taken as a result of the well-known lack of qualified workers in the automobile sector.

Detlef Braun, Member of the Executive Board of Messe Frankfurt, commented, “Even in the midst of the digital transformation, the industry once again demonstrated its wealth of innovation, providing countless highlights over the course of the five-day event. Together with our exhibitors, we were able to find the right players to present the most important topics – including alternative drive systems, sustainability and the use of AI and robotics in the automotive aftermarket – on the stages and in the exhibition halls. We are also delighted by growing demand from both German and international visitors.”

Michael Johannes, Vice President Mobility & Logistics, Messe Frankfurt, said “Never before has Automechanika in Frankfurt had a supporting programme and range of events like this. Our roster of presentations and practical workshops covered a wide range of topics, including bodywork and paintwork, electric vehicles, commercial vehicles, caravan repair, 3D printing, detailing and much else besides. These were very well received by the professionals, and students and pupils took advantage of the opportunities on offer to find out for themselves what some of the automotive trades and professions are like. One of this year’s new additions was a programme and area devoted especially to Generation Z. We wanted to draw their attention to the professional opportunities that are available in the fascinating world of the automotive industry – and we were very successful.”

Toyota Kirloskar Motor Employees Achieve Big At WorldSkills 2024

MT Bureau — Wed, 18 Sep 2024 15:18:00 GMT

Toyota Kirloskar Motor (TKM) today revealed the results of its employees' performance in the WorldSkills Competition 2024, held in Lyon, France, marking a significant step forward in the ‘Skill India Mission’ and the goal of ‘Viksit Bharat 2047’.

Employees Harish Gowda, Mohit Umashankara, Nelson Vanidhara, Prem Vasanth Kumar, Bhanuprasad S M and Darshan Gowda C S represented TKM at the global event, also known as the ‘Olympics of Skills’, that brought together young professionals from across the world, competing in over 60 categories, ranging from engineering to creative arts. They had won the India Skills 2024 competition earlier, which granted them the privilege of representing India internationally. The contestants were trained at the Toyota Technical Training Institute (TTTI), which is providing advanced technical education and fostering overall development among rural youth since its inception in 2007.

Prem Vasanth Kumar won the Medallion of Excellence in Additive Manufacturing, while Bhanuprasad SM and Darshan Gowda CS achieved the Medallion of Excellence in Mechatronics. A medal of excellence is given to contestants who score 700 or higher. Additionally, the Mechatronics candidates received the Sustainable Practice Award in second place for their outstanding achievement in completing activities that are evaluated against industry sustainability standards.

Speaking on the occasion, G Shankara, Executive Vice President – Finance and Administration, Toyota Kirloskar Motor, said, “We are immensely proud of our employees’ performance at WorldSkills 2024. Earning the Medallion for Excellence at a global platform is not only a testament to their exceptional skills and dedication but also sets an inspiring example for other employees to strive for excellence in their respective fields. We are truly grateful to the trainers, faculty members, Government of Karnataka, Government of India and all stakeholders who have contributed to this success and made us proud. The journey of these employees is a reflection of what can be achieved when talent meets opportunity, reaffirming our belief in transforming rural youth into world class competitive technicians. This success also underscores our alignment with national goals like ‘Skill India’ and ‘Viksit Bharat 2047’ as we continue our mission to contribute to society by fostering a skilled workforce. Toyota’s commitment to creating opportunities and delivering a positive impact in the communities where we live and work remains at the core of everything we do, and we look forward to continuing this journey towards shared prosperity and development.”

Kia India Registers 1,822 Pre-Orders For All-New Carnival Limousine In 24 Hours

MT Bureau — Wed, 18 Sep 2024 14:49:00 GMT

Kia India has achieved a milestone with 1,822 pre-orders for the all-new Kia Carnival Limousine within the first 24 hours, setting a new benchmark for the segment by surpassing the first-day 1,410 bookings of the previous generation.

Bookings for the new Kia Carnival Limousine commenced on 16 September 2024 and were made accessible through Kia India's official website and authorised dealerships nationwide for a minimum booking amount of INR 200,000.

With features like one-touch smart power sliding door, wide electric dual sunroof, 12-speaker Bose premium sound system, dual panoramic curved display: 31.24cm (12.3") CCNC Infotainment, 31.24cm (12.3") cluster, ADAS Level 2 with 23 autonomous features, and many more, the all-new Kia Carnival Limousine is sure to impress.

Joonsu Cho, Chief Sales Officer, Kia India, stated, “This is a proud moment for us, with the new Carnival setting new standards. We are confident the Carnival Limousine will redefine the segment. With its distinctive design, luxurious features and segment-first technologies, the Carnival continues to push industry benchmarks."

Hitachi Payment Services And AbhiBus To Provide Digital Transit Solutions For HRTC

MT Bureau — Wed, 18 Sep 2024 14:12:00 GMT

Hitachi Payment Services, an end-to-end payments and commerce solutions provider, and AbhiBus, one of India's leading bus booking platforms, have joined hands to implement an integrated ticketing management system (IMTS) and provide cashless ticketing solutions for state-run buses in Himachal Pradesh.

This collaboration is aimed at enhancing the experience of 15 million-plus passengers that use the state transport services each month by promoting cashless ticketing solutions for more than 3,100 buses run by Himachal Road Transport Corporation (HTRC).

With the new digital transit solution, passengers will be able to check the availability of seats in real time, make reservations in advance, purchase tickets online through the HRTC website or mobile app, obtain tickets in real time at HRTC bus counters and pay for them while they're on the road using Electronic Bus Ticketing Machines (EBTM) that are GPRS-enabled. Additionally, a variety of digital payment methods are available to passengers, such as debit/credit cards, UPI, QR codes, prepaid wallets and NCMC (National Common Mobility Card) cards. In order for the conductor to issue the proper travel tickets via EBTM, passengers in the free or concessional category can show them their smart card pass. The EBTM ensures a smooth and effective ticketing operation while recording both the concession fare and the full fare. Passengers can also check the real-time schedules for every bus.

Anuj Khosla, CEO – Digital Business, Hitachi Payment Services, said, “We are happy to be awarded the prestigious HRTC project. At Hitachi Payment Services, we have been pioneering advanced transit solutions that drive greater convenience for passengers and at the same time improve efficiency for transport operators. Our collaboration with AbhiBus for the Integrated Ticketing Management System will create a new ticketing experience for state public transport users in Himachal. Through our innovative offerings, we continue to transform the transit sector and empower citizens with secure and convenient digital payments.”

Rohit Sharma, Chief Operating Officer, AbhiBus, stated, “We are delighted to partner with HRTC and Hitachi Payment Services for this prestigious project. This partnership enhances travel with instant ticketing, digital ease and a superior booking experience for over 3,100+ buses. Himachal Pradesh is now at the forefront of digital bus travel.”

Rohan Chand Thakur, IAS, Managing Director, Himachal Road Transport Corporation, added, "The implementation of an Integrated Ticketing Management System is a significant milestone for us. It allows us to access real-time bus schedules, not only alleviating traffic congestion but also enhancing safety measures. Furthermore, the introduction of digital payments holds great importance, not just for passengers but also for the hardworking conductors who meticulously account for every penny at the end of each trip, ultimately saving valuable time.”

Castrol India Increases Recycled Plastic Content In Bottles To 50%

MT Bureau — Wed, 18 Sep 2024 13:38:00 GMT

Castrol India, a leading lubricant manufacturer, has announced that it has achieved a significant sustainability milestone by increasing recycled content in its high-density polyethylene (HDPE) plastic bottles to 50 percent.

With this, the company aims to achieve 2,600 metric tonnes of annual recycled plastic usage in its packaging portfolio by 2024.

The step builds upon its previous actions to help make its packaging more sustainable, including the commercialisation of 100 percent recycled bottles for POWER1 range in 2022 and the incorporation of 30 percent recycled content across its entire bottle packaging in 2023.

This latest change aligns seamlessly with Castrol’s global PATH360 strategy, which aims to reduce its plastic footprint by half by 2030.

Sandeep Sangwan, MD, Castrol India said, “We are proud to announce this milestone in our journey towards more sustainable packaging. This achievement is a testament to the hard work and dedication of our team, who have overcome challenges to develop packaging solutions that meet our high standards for quality and aesthetics.”

In addition to packaging, Castrol India aims to have more sustainable manufacturing practices. The company’s production facilities utilise energy-efficient technologies and renewable energy sources to seek to reduce its operational greenhouse gas emissions.

Olx Partners IDFC First Bank For Used Vehicle Financing

MT Bureau — Wed, 18 Sep 2024 11:30:00 GMT

Olx, one of India’s leading online classifieds platform, has joined hands with IDFC First Bank, a leading financial institution to launch what it claims is a first-of-its-kind, tailored end-to-end, used-vehicle financing solution for its customers.

The partnership aims to provide Olx customers access to ‘quick and easy vehicle-financing solutions’ directly on the Olx platform. By offering these value-added services, buyers can avail easy financing solutions while buying pre-owned cars and bikes, avoiding the hassle of visiting multiple websites and apps.

As part of this collaboration, IDFC First Bank will offer personalised finance options across pre-owned car and pre-owned two-wheelers on Olx platform across the country, enabling its customers with all necessary means in facilitating quick turn-around from discovery to ownership.

Amit Kumar, MD & CEO, Olx India stated, "We are excited to join forces with IDFC First Bank to transform the vehicle buying experience on our platform. The Indian pre-owned car financing market is projected to experience phenomenal growth, with a Compound Annual Growth Rate (CAGR) of 25 percent, translating to a market size of INR 1,600 billion by FY2028 from the current INR 485 billion. This significant growth is attributed to a rise in finance penetration and increasing vehicle prices. This collaboration aligns with our commitment to providing comprehensive solutions that empower our users and make their transactions seamless."

Rishi Kant Mishra, Business Head - Vehicle Loans, Consumer Durable Loans and Education Loans, IDFC First Bank said, “At IDFC First Bank, we are committed to making financial solutions accessible and convenient for our customers. The partnership with Olx aligns well with this vision and our scorecard-based digitized loan onboarding journey for pre-owned cars and bikes will offer a seamless experience to the customers.”

TSF Group Showcases Brakes, Axles & Wheels Range at IAA Transportation 2024

MT Bureau — Wed, 18 Sep 2024 10:32:00 GMT

The TSF Group, part of the erstwhile TVS group – one of the largest automotive groups based in India – is showcasing its exhaustive product offerings including brakes, axles and wheels aimed primarily at the global trailer market at the IAA Transportation 2024. The company has been a tier-1 supplier to global OEMs for over 60 years.

As part of the exhibition, Brakes India is exhibiting its 22.5-inch lightweight monobloc Single Piston Air Disk Brake. The product is designed to cater to truck, bus, and trailer applications. Also on display would be its extensive range of braking solutions for light commercial and heavy commercial vehicles including complete pneumatic braking systems.

Sriram Viji, MD, Brakes India said, "Brakes India is one of the largest braking system suppliers and our product range includes foundation brakes as well as complete air systems and hydraulic systems for commercial vehicles. At IAA Hannover, we are proud to present our exclusive single-piston air disc brake that comes with proven design, field tested for over a million kilometers. Our design team has created the lightest design in the market with improved stiffness and durability. With over six decades of serving international customers, we are optimistic that we can serve OEMs and trailer manufacturers globally with our full range of products.”

In addition, Axles India will showcase its 9T – 12T trailer axles that come with a higher strength, are fully dressed from hub to hub and are compatible with air suspension. The axles come with an option for both disc and drum brakes.

Srivats Ram, MD, Wheels India and Director Axles India, members of the TSF Group said, “Over the last six decades, Wheels India and Axles India have made it a mission to be the benchmark in global quality with a focus on putting the customer first. We strive to keep evolving our approach to meet our customers’ needs. We believe the best innovation happen indoors with a world-class research and development team.”

On the other hand, Wheels India will exhibit its diamond cut cast alloy wheel, powder black forged alloy wheel and light weight steel wheel for the commercial vehicle segment, suitable for low bed trailer, EV-bus and truck applications.

“We understand the importance of the European market through our existing customers. We have always excelled in meeting the product and service expectations, and endeavour to continue to offer value-added products to the market,” added Ram.

Revolt Motors Launches RV1 Commuter Electric Motorcycle & RV1+ At Prices Starting INR 84,990

MT Bureau — Wed, 18 Sep 2024 10:15:00 GMT

RattanIndia Enterprises-owned Revolt Motors, an electric motorcycle company, has launched its newest offerings the Revolt RV1 and the Revolt RV1+ electric commuter motorcycle at INR 84,990 and INR 99,990 respectively.

The company states that in India motorcycles comprise almost 70 percent of all two-wheelers sold, of which the commuter segment comprises around 8 million units of the 12.5 million motorcycles sold.

The RV1 comes with a claimed 250kg payload capacity, compared to 150kg average seen in other ICE-commuter motorcycles. It features broader tyres for improved grip and stability. It is powered by a mid-motor and a chain drive system. Dual disc brakes, along with multiple speed modes and a reverse mode are also featured in the new e-motorcycles.

A 6-inch digital LCD display provides real-time ride data and error codes. Both the e-motorcycles also come with built-in charger storage and the RV1+ also gets a fast charge capability allowing it to be fully charged in 1.5 hours.

In terms of range, the RV1 comes with two battery options: a 2.2 kWh battery offering up to 100km claimed range, and a 3.24 kWh battery extending the claimed range to 160 km. Both battery options are IP67-rated for water resistance, ensuring reliable performance even in adverse weather conditions.

The two new products will complement Revolt Motors current line-up which includes RV400 and RV400 BRZ.

Revolt Motors claims that comfort remains a key highlight of the RV1, which can be seen with the longest seat in its category and a frame designed for multiple passengers.

Furthermore, Revolt Motors has also announced upgrade of its flagship model, the RV400, which includes fast charging capabilities that allow it be fully charged in 90 minutes; reverse mode; enhanced digital display; comfortable seat height, and Bluetooth connectivity for music. The RV400 also gets a built-in leg guard and centre stand. The range has been extended to 160km, and a new colour option has been added - Lunar Green.

Anjali Rattan, Chairperson, RattanIndia Enterprises said, “Our commitment to sustainability and our quest to engineer a motorcycle that is budget-friendly yet does not compromise on quality, features, or safety have come together in the form of the RV1. With modern and updated looks and features that are best in the segment, RV1 brings a new level of style and practicality to the electric motorcycle segment. A perfect blend of cutting-edge technology and thoughtful design, RV1 has been made to provide an exhilarating ride experience for the discerning Indian rider.”

Mahindra Offers 1000 New Scholarships Under Annual Saarthi Abhiyaan

MT Bureau — Tue, 17 Sep 2024 19:59:00 GMT

Mahindra Truck and Bus Division (MTBD) has announced 1000 new scholarship scheme for girl child of truck drivers through the annual ‘Saarthi Abhiyaan’.

JBM Ecolife Mobility Gets $100 million Funding From ADB And AIIB

MT Bureau — Tue, 17 Sep 2024 15:14:00 GMT

JBM Ecolife Mobility, a subsidiary of JBM Auto and India's leading electric bus mobility and EV Ecosystem player, has secured a $100 million (INR 8.3 billion) in strategic funding from the Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB).

The funding will be used towards supplying and operating electric buses under the Gross Cost Contract (GCC) model in multiple states across India in phased manner.

The strategic funding has been secured following comprehensive Environmental, Social and Governance (ESG) audits conducted by approved consultants, reflecting JBM’s commitment towards augmenting sustainable mobility across the globe and its focus towards circular economy.

At present, JBM has deployed over 1,500 electric buses across 10 states and more than 15 major airports in India. The company boasts of a robust orderbook of over 6,500 electric buses deployed and under execution. Notably, JBM has set up the world's largest (outside China) dedicated integrated electric bus manufacturing facility, located in Delhi-NCR region, with an annual production capacity of 20,000 e-buses.

Nishant Arya, Vice-Chairman & MD, JBM Group said, “We are grateful to ADB and AIIB for their continued support in advancing sustainable public transportation across India. Over the years, we have been relentlessly working towards introducing zero-emission technologies that underscore our vision of promoting sustainable development which contributes to the responsible growth of the organisation and all its stakeholders. We have been pioneers in bringing electric mobility solutions in India and have consciously developed a complete EV ecosystem that accelerates the deployment of EVs across multiple geographies.”

Suzanne Gaboury, Director General for Private Sector Operations Department, ADB said, “Supporting electric buses is an investment not only in sustainable transport, but also in public health through cleaner air and in climate action through lower emissions. By promoting e-mobility, ADB is helping communities reduce their carbon footprint, improve public transport, and build eco-friendly urban infrastructure ADB’s partnership with the JBM Group will help build clean, safe, and inclusive public transport in India.”

Najeeb Haider, Director General, Global Project and Corporate Finance, AIIB said, “This association focusses at accelerating the adoption of clean energy public mobility solutions directed towards enhancing the quality of life in urban and semi urban cities. We aim to set a precedent for the future green infrastructure projects in India, this one being a transformative project that will drive sustainable and resilient development”.

Under the company’s 1 billion e-kms promise, JBM electric buses have already clocked more than 150 million e-kms, having served 1 billion bus commuters across the world.

Bajaj Auto Unveils Triumph Speed T4 and MY2025 Speed 400

MT Bureau — Tue, 17 Sep 2024 14:33:00 GMT

Bajaj Auto has unveiled two new Triumph modern classic motorcycles - the all-new Speed T4 and the MY25 Speed 400.

The Speed T4 is the latest member of the Triumph 400cc modern classic family, which sees the engine produce 3500-5500 rpm of torque that promises enhanced low to mid speed rideability with fewer gear shifts. This has been achieved by increasing engine inertia by 30 percent, as compared to Speed 400, to bring in low rpm stability. This allows the rider to cruise effortlessly at 100kmph.

The Speed T4 features manual throttle body control, slipper clutch, 43mm telescopic fork, progressive braking with dual channel ABS, and a highly functional console with USB port. The Speed T4 will be available in 3 colours - Pearl Metallic White, Cocktail Wine Red & Phantom Black.

On the other hand, the Speed 400 which was launched in July 2023, now comes with beefier look with high-profile tyres, enhanced seating comfort, and adjustable levers for the riding enthusiast. It continues to feature the ride-by-wire throttle, switchable traction control, torque assist clutch and dual-channel ABS. The MY25 Speed 400 is available in 4 colourways – Racing Yellow, Pearl Metallic White, Racing Red and Phantom Black.

Both Speed T4 and the MY25 Speed 400 feature the powerful 398cc TR-Series Engine and embody the modern classic roadster design in their DNA.

Rakesh Sharma, Executive Director, Bajaj Auto said, “With the launch of the Speed T4 and MY25 Speed 400, we continue our commitment to expanding Triumph’s range in India. These models blend heritage with innovation, offering both relaxed and performance-oriented riders something special. The Triumph and Bajaj Alliance has put out almost 60,000 bikes of the TR series to over 50 countries including India. We are delighted with the customer acceptance and the widening base of the franchise. This motivates us to keep pushing the boundaries together and build the modern classic segment for a larger audience.”