Partha Mukherjee

"In what is likely to lead to more intense competition in the budget EV space here, Chinese electric vehicle company Leapmotor is giving final touches to its India entry plans, ToI reported on May 6. Leapmotor, which had talks going on with Sajjan Jindal-led JSW, will be following in the footsteps of its Chinese peers MG and BYD into the country. According to the ToI report (by Pankaj Doval), Leapmotor will enter India in partnership with the Stellantis group, which recently bought a stake in its global operations. Investment and entry plans will be announced by the company soon, the report said. The announcement is likely in the next few weeks. ToI said citing a source, "If approved by govt, this will see the launch of budget electric cars developed by Leapmotor into India, intensifying competition in the green cars space." Stellantis, a leading global automotive manufacturer, operates various brands across multiple continents, including Citroen, Jeep, Chrysler, Peugeot, Fiat, and Maserati. In India, Stellantis is represented by Jeep and Citroen, and it aims to significantly expand its presence by introducing new brands, expanding retail networks, and making substantial investments. The recent collaboration between Stellantis and Leapmotor on a global scale helps Leapmotor with the confidence to venture into the Indian market, industry people said. Despite stringent regulations on investments from nations sharing a land border with India, this partnership likely emboldens the Chinese company to pursue opportunities in India, they added. Stringent checks imposed by the government have hindered BYD's expansion in India, as it has faced difficulties obtaining approvals for its investment proposals, even with a local partner. Conversely, MG Motor, a subsidiary of China's SAIC group, was compelled to incorporate an Indian partner. This occurred when Sajjan Jindal's JSW acquired a substantial stake in the company, with plans to increase ownership to 51% in the coming years. In October last year, Stellantis unveiled intentions to invest $1.6 billion in Leapmotor, securing roughly 20% ownership in the Chinese budget electric vehicle (EV) firm. This move positioned Stellantis as a significant shareholder in Leapmotor. Additionally, the agreement between the two companies outlined the establishment of Leapmotor International, a joint venture primarily led by Stellantis with a 51% stake, tasked with exclusive rights for the export, sale, and manufacturing of Leapmotor products outside Greater China. The anticipated entry into the Indian market is expected to be spearheaded by this newly formed export-oriented entity." Full report: https://lnkd.in/gZw_KNi3

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Have you listened to our latest #podcast? Check it out to learn about the opportunities for OEMs in India, and hear views from Hormazd Sorabjee, editor of #AutocarIndia, on successful strategies to penetrate the market. Listen now: hubs.li/Q02xJWvd0 #JATOInsights

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Mahindra Last Mile Mobility (MLMM) leading the electrification of Last mile deliveries and creating value to the customers. - 🚀 MLMM sold over 1.5 lakh EVs sold till March, establishing it as India’s top electric three-wheeler manufacturer and holds ~52% market share in L5 M and ~67% in L5 N EV categories. - 🔋 Focuses on passenger and cargo segments to enable electrification of the last mile and anticipates significant growth in electrification, paving the way for ecosystem development like charging infrastructure and recycling. - 🔧 The PLI schemes are driving technology upgrades, competitive pricing, and job creation in the automotive industry. - 🔌 MLMM has expanded charging ecosystem with over 10,000 chargers installed nationwide. - 🚛 Launching ‘Jeeto Strong’ for last-mile cargo; planning EV launch within the next year will contribute positively to M&M expansion landscape as electrification grows in last-mile transport. - 👨‍👩‍👦‍👦 Empowering microenterprises with versatile electric three-wheelers, customisable for various applications and collaborating with e-commerce platforms like Amazon to accelerate EV adoption in last-mile fleet operations. MLMM is transforming India's electrification journey in the last mile mobility 🔌⚡🛺 Mahindra Last Mile Mobility Mahindra Group Suman Mishra Autocar Professional #ElectricMobility #LastMileSolutions #Sustainability 🌱🔌🚛 source: https://lnkd.in/gFvT5bFs

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Charging infrastructure in India is growing and getting better every day! This excellent article by Rajiv Ghosh details the key actions taken by TATA.ev and our #opencollaboration partners to drive widespread and accessible charging infra in India. https://lnkd.in/d8fpN9cr

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Indian Electric Bus Critical sales and Product Data https://lnkd.in/eGehDe6H ACG released the latest Indian Electric Bus Critical product Data. The Electric Bus data is having the following intelligence information: The data is divided into Product Features, Specs, Price, Sales, Customer, and Electric Bus design OEMs, Model name, and Variant Name Electric Bus Model wise Sales Data India EBus Application: School, Education Institutes, Intercity, Staff, Special Application, and others The purchase price, Incentive, and Range – Daily distance cover After Sales – maintenance cost per Km, Product life maintenance cost, Major Bus operator – Potential (For target) – State, and City Actual Delivered Electric Bus Battery pack (Kwh) and number of batteries, Battery life, battery replacement cost, Number of battery replacement cost, Battery capacity, Battery type, battery location, Number of battery packs, Charging type, Charging location, Charging capacity, and Charging socket Range and reserve power Vehicle efficiency, Expected Product (Bus) life, Model wise TCO Model wise Electric Bus Customer preference reasons, Key complaints, Technical specs: Floor heights, Chassis type, Deck type, GVW, Unladen Weight, number of axles, axle weight (rear & front), Special Note on an axle, Wheel size, Number of tyres, Tyre Make, Tyre size, Tyre Model (for Front and rear Axle), Overall length (Articulated – rear & Front), Wheelbase, Bus height and width, ground clearance, Departure angle, Breakover / Ramp Angle (Ride – Deg), Suspension (Front & Rear), Drive, Drive axle, Steering type, Make Breaks, Turning circle (Wall to wall, Kerb to kerb), Motor type, Max Power, Max Torque, Gradeability, Max speed, No of Passenger Door Steps, Number of the passenger door, Number of the passenger door (N/S, O/S), Passenger Door Operation, Passenger Door type and width, Height, Driver door & steps, Entry Steps height, Drivers Seat type, Driver seat belt, Driver protection, Number of passengers carrying capacity (Recommended as per the design and actual), Number of passenger seats, Seat type, Seat width, Seatbelt, all types of lower decks, Luggage Locker Height (mm), No of Luggage Lockers, Luggage Volume (m3), Windows, Glass tint, AC or Non AC, AC Capacity, ADAS features, CCTV (Interior & Exterior), Destination screen display, Mirror type, Interior and Exterior lighting, Ticketing machine, Telematics, Availability of WiFi, Passengers USB, Other devices, Bus Features (Best & Worst features) #electricbus #bus #commercialvehicle #ev #evs #evs #automotiveindustry #india

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Indian Light Electric Commercial Vehicle Market Analysis https://lnkd.in/dExax62s ACG Electric Vehicle EMobility center released the latest report of Electric Commercial Vehicle Market Analysis. The report provides key insight into the eLCV Market Size (In Volume & Value), Current key players in each segment, Brand Perception, Customers requirement, Demand Analysis, Business model of each category, TCO model wise analysis, and all other key information. Key Highlights of the report: Indian Light Electric Commercial Vehicle Market Trend and Forecast – Two Wheeler, Three Wheeler, Electric Car, Truck, and Bus. Mini Truck, Pick up Truck, Light Duty Truck, Medium-Duty Truck, Heavy Duty Truck – Tipper, Rigid Haulage & Tractor Trailer Mini Bus, Light Duty Bus, Medium Duty Bus, and Heavy Duty Bus Passenger Vehicle and Cargo Vehicle Electric Car Market Size (Pre Covid & Post Covid) and Forecast Segment Trend and Outlook OEM wise Sales OEM Segment Market share and Growth Analysis Product Specs Features, Application Brand Perception Duty Cycle Analysis, and Pricing Analysis Electric Commercial Vehicle Market size in India current and future demand – Expected Market Size & Share by 2030 Segment & Application wise adoption rate of Electric Commercial vehicle Current & Expected Major Players and their Key Customers Growth Driver – Short & Long term Challenges and Opportunities Basic Electric Vehicle requirement in terms of product specs, Features, and Price – Three Wheeler, Two Wheeler, and Four Wheeler Segment-wise and Application Electric Vehicle Product roadmap Current customer requirement and market demand Analysis Create product portfolio for next 10 years TCO Analysis and compare with IC vehicle Last-Mile Delivery The rise of e-commerce: increased freight demand Logistics Construction Rigid haulage Bus Application and Others Case Study of a most suitable application TCO Analysis of Electric Truck, Bus, and Three Wheeler Application wise like FMCG, Furniture, School, Daily passenger transportation, etc Separate Analysis for Three Wheeler Cargo and Three Wheeler Passenger Vehicle Comparison with IC vehicle SCV Vs LCV Analysis for Electric Vehicle The Purchase Decision factors and mind mapping Commercial Factor and Viability Analysis Range and charging infrastructure Considerations for eLCV adoption Potential Customer Survey OEMs Competitor Analysis New Product launches & Developments OEMs Alliances and Suppliers Product Road map SWOT Analysis Business Model Analysis for various Applications Application and Model wise Branding strategy Marketing Budget Media plan Advertising strategy Marketing Strategy Product Launch Strategy GDP Forecast and impact on eLCV Market #truck #electricvehicle #electrictruck #electricbus #ev #evs #commercialvehicle #automotiveindustry #strategy #india #bus

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Car Industry focusses on Rural Market to get additional Sales through network building and rural activities. Ref news report by Economic Times, on the momentum of rural growth, the automaker Hyundai Motor India Ltd. has implemented a range of initiatives, including Grameen Mahotsav, improved collaborations with financiers, showroom-on-wheels, hyperlocal marketing, mobile service vans and rural sports partnerships. The automaker plans to further expand its presence in smaller towns as it firmly believes that for the nation to prosper, both rural and urban regions must progress in tandem, as per COO Tarun Garg Renault India also in past 4 years has focussed in Rural Market and Retails Penetration is almost 40%. Likewise there's continued focus on Rural Markets by other car Manufacturers like Maruti Suzuki India Limited Tata Motors Mahindra Group Mahindra and Mahindra Limited [Automotive and Farm Equipment Business] KIA India Nissan Motor India Private Limited I'm sure in the coming time companies like Citroën India Morris Garages India Nissan Motor India Private Limited and EV manufactures will increase their Retail business in Rural Market areas. Hyundai: Expect rural sales contribution at record levels this fiscal: Hyundai - The Economic Times

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In this interview, I share how CarTrade Tech is driving innovation and growth in the automotive sector with the incubation of CarTrade Infotech, a SaaS business unit dedicated to simplifying the auto buying process. I talk about our Dealer Management Software and Auto Finance solution, which are widely adopted by OEMs and dealers globally. Read the full interview here:

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Confusion over when benefits/subsidy under the new #EV policy (central) would start accruing has cast a shadow over #VinFast’s $2-billion investment in Tamilnadu. #VinFast official who attended the meeting got confused after learning from the #MHI Secretary that any benefit/subsidy that a company seeks to get, will be applicable only once the policy is in #place, and not from the date an OEM starts #investment. https://lnkd.in/gBn7c7BM #business #subsidy #EV #manufacturing #investment

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SAEINDIA International Mobility Conference (SIIMC), widely acclaimed by the global mobility fraternity – OEMs, Component Manufacturers, Software Companies, Technology Companies, Consultancy Firms, Academia etc., We are delighted to announce forthcoming edition of SIIMC i.e., SIIMC 2024, the 11th in the series, as per following:    This conference themed Reimagining Mobility in Amrit Kaal – Safe Sustainable Sociocentric will focus on key technology issues relevant to mobility engineering (see topics below). Student session is being planned to encourage creativity & innovation within the student community.  Topics Covered: Autonomous & Connected Vehicles Emission, Environment & Sustainability Hybrid & Electric Vehicles Manufacturing, Materials And Lightweight Solutions Simulation And Testing Standards, Policies & Regulations Vehicle Dynamics, Active Safety & Control Vehicle Electronics & Software 5G Technology And Applications Carbon Neutral & Biofuel for Sustainable future mobility Hydrogen And Fuel Cells SAEINDIA International Mobility Conference (SIIMC), widely acclaimed by the global mobility fraternity – OEMs, Component Manufacturers, Software Companies, Technology Companies, Consultancy Firms,  Date: 11th to 13th December 2024 Venue: India Habitat Centre, New Delhi, India  This conference themed Reimagining Mobility in Amrit Kaal – Safe Sustainable Sociocentric will focus on key technology issues relevant to mobility engineering (see topics below).  Student session is being planned to encourage creativity & innovation within the student community. Students are encouraged to submit their papers from any field related to mobility engineering.  Topics Covered: Autonomous & Connected Vehicles Emission, Environment & Sustainability Hybrid & Electric Vehicles Manufacturing, Materials And Lightweight Solutions Simulation And Testing Standards, Policies & Regulations Vehicle Dynamics, Active Safety & Control Vehicle Electronics & Software 5G Technology And Applications Carbon Neutral & Biofuel for Sustainable future mobility Hydrogen And Fuel Cells Paper publication process will be facilitated through the MyTech Zone platform by SAE International.  The deadlines are as follows:  Abstract Submission deadline : Jun 15, 2024 Review ready Manuscript Submission deadline : Aug 01, 2024 Releasing review results to authors : Sep 15, 2024 Final Manuscript Submission : Oct 22, 2024 Conference date : Dec 11 - 13, 2024 Participating in the 11th SAEINDIA International Mobility Conference 2024 offers a unique opportunity to: Showcase your research and innovations. Engage with industry leaders and experts. Opportunity to meet researchers & leaders Awareness on latest research, new technologies & trends Join Us:  For any clarification, Contact  Pardeep Kathuria : pardeep.kathuria@maruti.co.in Avnish Gosain : avnish.gosain@maruti.co.in Abha Rani : abha.rani@maruti.co.in

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ASIAtalk eJournal (April 2024): China firms order dozens of ships for EV exports | India passenger EV market to grow next 3-4 yrs | Taiwan suppliers: EV parts driving revenue growth | India: Musk to meet Modi | Japan, US cooperate over chip supply chains | Enforcing US Judgments in China | HK security law: EU citizen jailed | India: Top 10 PVs in March 2024 | Mastering complexities of APAC logistics | Singapore tightens rules for expat workers | Japan visa reforms: to attract skilled tech talent from India, SE Asia | India’s road logistics network: potential to be better than EU’s | Taiwan chip industry heads overseas: supply chain shift | Demand at Asian factories rises: strongest rate in 2 yrs | HK Executive Salary Outlook 2024 | Indian job market status: Fact vs fiction | Korea: Labor reform urged, higher wages than Japan | and 67 additional articles on doing business in Asia's automotive industries. To read the April 2024 edition of the ASIAtalk eJournal, please visit this page: https://conta.cc/3UjYcEA #automotiveindustry #automotive #OEMs #suppliers #global #Asia #China #India #Japan #Korea #Singapore #Vietnam #Thailand #aftermarket #smartmobility #EV #AV #manufacturing #production #supplychain Chad Upton Lis McNeil Cathie Bliss John Horrell Subscribe to our weekly eJournal here: https://lnkd.in/eBZQXv6

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Honored to be have been interviewed and featured in the May2024 issue of the EVreporter magazine. Thanks Priyakshi Gupta for the platform and Hexagon Manufacturing Intelligence, India team for the opportunity. As systems become tightly integrated and interdisciplinary, multiphysics plays a critical role in meeting vehicle program requirements. To quote the Mandalorian, "This is the (only) way" If you want to learn more about what we are doing to fast-track the "Shift to Zero", join us in Novi, MI, next week. Link here: https://lnkd.in/ePMZVQYw. Hear from our field experts, product managers, partners and users, on how simulation informs decision- making for your vehicle requirements from (e) powertrains, thermal management of systems (batteries), NVH, durablity, manufacturing and more. On-demand compute, machine learning, via the open-access and data-sharing across these disciplines and 3rd Party simulation tools only serve to supercharge these decisions. We've made significant R&D investments in our products to address all of these emerging trends. MSC Adams, Romax, MSC Nastran, MSC Apex, Cradle, Digimat, Simufact, Odyssee .. tools for specialists, made to Build Better & Solve Smarter. And yes, This is the Way :) George Galaitsis Vasiliki Tsianika, PhD Alexis Talbot Nikhil Ghaisas Lou Long Kumar Cherukuri Hongsuk Lee Michael LaPerre

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Here is a follow-up video to my article published in businessline on Hyundai Motor India Ltd.'s DRHP. https://lnkd.in/gWqhZ22E

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"March 2024 marked a historic moment for Tata Motors as its micro SUV, Punch, claimed the top spot in sales for the first time ever. Recording a remarkable 61% year-on-year (Y-o-Y) growth, with monthly sales soaring to 17,547 units from the 10,894 units sold in the corresponding month of the previous year, the Punch showcased its growing popularity. This surge in sales was further propelled by the introduction of the all-electric Punch.ev earlier in the year, alongside the CNG variant, amplifying its appeal among consumers. In a notable shift, Maruti Suzuki relinquished the top two slots in March 2024 sales to Tata Motors and Hyundai India, reflecting the evolving dynamics of the automotive market. The total number of passenger vehicles sold in March 2024 amounted to 369,381 units, marking a 10% growth compared to the 335,976 units sold in March 2023. Following closely behind Tata Motors' Punch, Hyundai's Creta SUV emerged as a strong contender, securing the second position with sales reaching 16,458 units in March 2024. This represented a substantial 17% Y-o-Y growth from the 14,026 units sold in March 2023. Meanwhile, Maruti Suzuki maintained its presence in the top rankings with its hatchback Wagon R, securing the third spot in the list of Top 10 PVs in March. Despite recording sales of 16,368 units, which marked a marginal 5% Y-o-Y decline from the 17,305 units sold in the same month of the previous year, Maruti Suzuki demonstrated resilience amidst evolving market dynamics. The fourth, fifth and sixth positions were also secured by Maruti Suzuki's Dzire, Swift and Baleno with sales of 15,894 units, 15,728 units, and 15,588 units respectively, in March 2024. Dzire's sales increased by 19% Y-o-Y. The sales of Swift, which was the top selling car in March 2023 with 17,559 units, declined by 10% in March 2024. Baleno also saw a decline of about 4% compared to 16,168 units sold in March '23. Mahindra's Scorpio SUV claimed the seventh spot, achieving an impressive 72% Y-o-Y increase by selling 15,151 units in March 2024, compared to 8,788 units in the same month of the previous year. Maruti Suzuki again secured the eighth and ninth spots with Ertiga MPV and Brezza SUV with sales figures of 14,888 units and 14,614 units in March 2024 respectively. Ertiga's sales saw an increase of 65% and Brezza's sales saw a decline of 10% compared to March 2023. Finally, at the tenth spot, Tata Motors' compact SUV, Nexon replaced Maruti Suzuki's Baleno-based SUV, Fronx. Nexon clocked 14,058 units in March 2024, reporting a 5% Y-o-Y decline, compared to 14,769 units sold in March last year." Full report: https://lnkd.in/gbqQPTM6

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Came across this article by #krishnamurthysubramanian today and I can’t agree more. A positive mindset/thought-process acts as a foundational element to achieve excellence and sustained success across any field. #highlevelperformance #mindset #growth #behumble

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Great news ! Another great opportunity in wealth money through the Auto industry . Hyundai drives into IPO Lane Special thanks to @Murali Gopalan and @ETAuto team for sharing a comprehensive article Do read the below article and ready yourself for Hyundai IPO #wealththroughinvesting #SucessInWork #PassionInWork #TransformMindset

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Automotive is in AUTO mode with growth MOTIVE. India ranks No 3 by the No of vehicles (Cars + Trucks) in the World Automotive Market. It's lead indicator, going to contribute in a big way in making India as 3rd largest Economy in the world. OEMs play very important role; Auto components makers are backbone for OEMs. I can happily say that there has continuous improvement in relationship between OEMs and component makers. Mutual trust, confidence, knowledge transfer, supporting each other etc is definitely improved. New Automotive Technology, digital technology, shift from conventional fuels to Alternate (Future) fuels, forthcoming stringent norms, safety, emission etc forces better understanding and collaboration for mutual benefits. Shifting focus from China to India, Gulf war, rising India's political space, strong, stable Government with visionary leaders, Ministries with supportive role etc makes things easy to happen. Interestingly, today SBI Automotive Opportunity NFO is launched.

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TVS Motor Co. anticipates that in the next three years, EVs will make up 25–30% of its two-wheeler sales: MD Venu Sudarshan https://ift.tt/2wjRnbZ TVS Motor Co. anticipates that in the next three years, EVs will make up 25–30% of its two-wheeler sales: MD Venu Sudarshan The corporation is placing a lot of money on electric mobility and may even consider freight three-wheelers and electric bicycles to complete its product line. The corporation is placing a lot of money on electric mobility and may even consider freight three-wheelers and electric bicycles to complete its product line. In the next two to three years, TVS Motor Company anticipates that 25–30% of its two-wheeler sales would come from electric cars, according to Managing Director Sudarshan Venu. The corporation is placing a lot of money on electric mobility and may even consider freight three-wheelers and electric bicycles to complete its product line. They had previously reaffirmed their pledge to contribute Rs 5,000 crore to the creation, advancement, and implementation of new goods, technologies, and digital capabilities. Sales of EVs will only increase...In two to three years, we predict that 25–30% of TVS (two-wheeler) sales will be EVs (electric vehicles). Venu told news agency PTI, "We are investing in accepting that future and to launch dynamic and aspirational products that will delight shoppers to buy them." EV Prospects Venu said that TVS would have an electric vehicle presence in both the scooter and motorcycle markets, adding that the business will introduce another electric scooter this year to complement its current lineup of TVS X and iQube. The company's EV sales increased to 1.94 lakh units in FY24 from 97,000 units in 2022–2023—a 101 percent increase. TVS sold 15.7 lakh scooters and 19.9 lakh motorbikes. He mentioned the "TVS Racing Electric One Make Championship" in reference to electric motorcycles, indicating that the company's development of TVS Apache RTE (Racing Throttle Electric) racing bikes was a precursor to what was to come in this area. "We may examine electric tricycles for freight and bicycles. We'll provide the whole line of items," he said. Electric three-wheelers, he said, have a great deal of potential and will expand quickly, especially in cities. Venu went on to say that there is more potential for three-wheeler freight applications in addition to passenger applications for both EV and CNG, as e-commerce and logistics advance. Regarding EV's upcoming investments, Venu said, "We have already made announcements about investments, and we will keep growing this company." The investment momentum that you have seen from our end over the last several years will persist into the future as well." He added TVS has teamed up with "the best globally on the cell side to ensure the fact that we give the best option to customers each year" because of how quickly battery technology is developing. He said that the firm has been concentr...

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