Global Chip Shortage for Auto Makers | Intentional or Incidental ?

Global Chip Shortage for Auto Makers | Intentional or Incidental ?

By WAF Editorial Team 

•Can we blame Covid for this too ?

•How can all the Auto Makers be affected simultaneously across the world ?

•Is it just Poor Planning, Poor Demand or something else ?

 

Yes! Most Auto makers are obsessed with Lean Manufacturing. Most got extremely conservative last year with their Production schedules as demand gradually rebounded. Excessive WFH, Gaming, Smartphones led to a surge in demand for chips from other product segments.

The Trump Administration had blacklisted the Chinese Semiconductor manufacturers last year. The Taiwanese Chip Makers, the largest across the world had raised a caveat against oversupply. The automotive grade chips were seeing rapid upgradation. Getting stuck with outdated chipsets inventory could be the greatest nightmare for any chip maker.

All said and done, auto makers facing ongoing or impending shutdowns simultaneously across the world can’t be just due to the aforesaid reasons. It can’t even be due to Covid.

There could be more than what meets the eye. Is it a perfectly orchestrated cartelised action by chip makers to pull the plug ?

In the new age vehicles, the electronic parts and components constitute around 40% of all components. One might find around 3K chips in just one car across the powertrain, windows, lights, ADAS and more.  If even one chip is missing, the car can’t leave the assembly line!

Anuj Guglani, CEO, World Auto Forum says, ‘The Automotive chips compared to their siblings in an Xbox, a Mac or an iPhone have to be much more robust & durable. They should be able to stand high temperatures. They need to endure for long. Their development cycles are longer and more expensive.

So where do you think any chip maker who runs it as a business, would shift focus during the pandemic ?

Obviously to an Xbox, a Mac and an iPhone as their demand went through the roof while auto co’s were forced to cut orders, inventories and margins!”

Continue reading “Global Chip Shortage for Auto Makers | Intentional or Incidental ?”

Road Safety Month Special : WAF Gurus Live 18

Road Safety Month Special : WAF Gurus Live 18

Lets Celebrate Road Safety Month, every Month! 

At WAF, we believe in Dialogue to Action.

It’s time to have a focussed, candid & action oriented dialogue on Practical Aspects of Road Safety  with the Top Thought Leaders.

Topics we shall cover :

1. How to Harness Tech for Better Governance & Enforcement

2. Road Safety Awareness : Sustainable and Effective

3. Response Time : Practical tips to reduce

4. Driver Behaviour : Can’t blame them for everything

5. Laws : New & Old

6. Road Design & Safe Infrastructure

7. Coordination between Multiple Agencies : How do other countries do it ?

8. India Pothole Free : Can it be a Reality ?

9. How to go beyond the Road Safety Week and Month and have Sustained Progress in road Safety, every week & month.

10 . Can India be No 1 in Road Safety ?

Continue reading “Road Safety Month Special : WAF Gurus Live 18”

8th WAF Awards Held | 105+ Media Cos Cover it!

8th WAF Awards Held | 105+ Media Cos Cover it!

 

Urgent Press Release

 

World Auto Forum [WAF] Awards announced. WAF stars steal the show!

 

  • WAF awards are one of the most aspirational awards across the Automotive & Mobility ecosystem last 8 Years
  • The 7 Points WAF Awards Process makes it Toughest, Most Transparent and Inclusive
  • Backed by esteemed Jury, Observers and IIT Delhi research team

 

New Delhi | 9th January 2021 | https://worldautoforum.com

 

The 8th World Auto Forum Awards concluded today with WAF stars stealing the show all the way!! This time, the awards were bigger, different and as stringent as they always come! Deeply researched, passionately debated and carefully chosen, they showcased Platinum performances from across the Automotive ecosystem. 

Anuj Guglani, CEO, World Auto Forum, remarked, “WAF Awards 2021 are a testimony to how the Industry stars have taken care of their customers, teams and suppliers, balancing health – physical, mental and financial”.

Continue reading “8th WAF Awards Held | 105+ Media Cos Cover it!”

VW India elevates its Future Leader – Vishal Bhat

VW India elevates its Future Leader – Vishal Bhat

by WAF Editorial Team 

 

•Volkswagen India is gearing up for its Mega Launch in 2021

•Renewed Focus on Customer Experience, Value Proposition and Peace of Mind

•Elevates in-house talent, Vishal Bhat, to lead the After Sales Service function and spearhead the Change

 

Volkswagen India has planned a power packed 2021

They are getting ready with their arsenal of products, marketing strategy, Renewed Focus on Processes & Customer Experience. The arsenal gets powered by the right people!

VW India has elevated Vishal Bhat to head their after sales service function with effect from Jan 1, 2021.

Mr Bhat is currently heading Pan India Corporate Sales and Das Welt Auto – VW’s Certified Pre Owned Car Brand at VW India.

With over 17 years of extensive experience in automotive industry, Bhat brings in diverse expertise to the position. In a period of last five years, he has undertaken various roles and responsibilities across functions –Aftersales, Customer Care, Corporate and Das WeltAuto sales operations and has been successfully leading them.

Continue reading “VW India elevates its Future Leader – Vishal Bhat”

Apple’s Biggest Miss : Not Acquiring Tesla at a Tenth of its Current Price, 2 yrs back

Apple’s Biggest Miss : Not Acquiring Tesla at a Tenth of its Current Price, 2 yrs back

By WAF Editorial Team 

 

  • In 2017-18, Elon Musk reached out to Apple to sell Tesla

  • Musk says, “This was during the Darkest Days of the Model 3”

  • “Tim Cook declined the meeting request”, tweeted Musk 

  • Tesla is 10 times more valuable since then! 

  • Apple plans to launch its EV in 2025

  • Biggest Miss for Apple ?

Continue reading “Apple’s Biggest Miss : Not Acquiring Tesla at a Tenth of its Current Price, 2 yrs back”

Industry Outlook 2021 : Overall Seems Positive

Industry Outlook 2021 : Overall Seems Positive

by WAF Editorial Team 

 

Yes we had last few months of stellar wholesale and retails as…

The dealers inventories were near zero when lockdown eased

There was a pent up demand

People shunned public transport and embraced personal mobility 

2 wheeler and Pre Owners cars demand went through the roof due to price sensitivity. 

What is the Outlook for 2021 ?

The Sensex might be breaching 47K levels but situation at ground level is not that encouraging.

The Auto Industry was just recovering from the BS-6 , Poor Demand in 2019 and 2018 and it got struck by Covid19. The Market has surely opened up but demand is still not consistent.

Manufacturing facilities continue to suffer from covid related closures. Manpower outages are still not that uncommon. Supplies get stuck due to covid or agitations.

Industrial Output, earnings are still down. The new strain from UK is also bad news. This seems the time to just stay healthy and protected, ensure family is safe ; Surviving seems to be the new thriving!

So Quoting figures …

Continue reading “Industry Outlook 2021 : Overall Seems Positive”

WAF creates History by getting together Top Global After Sales Experts for Best Practices Sharing

WAF creates History by getting together Top Global After Sales Experts for Best Practices Sharing

Press Release

Teus, 15 Dec 2020 5:45 PM IST

IVASS 2020 brings together the Global After Sales Experts to share Industry Best Practices amidst the Pandemic

 

 

  • Every year, World Auto Forum celebrates National Vehicle After Sales Day on Second Sat of Dec with IVASS- India Vehicle After Sales Summit & Exhibition
  • In its 6th year, IVASS went global this time and in a pioneering act got together the Top After Sales Experts from Asia, Africa, Middle East, Europe and Australia
  • The virtual exhibition at IVASS 2020 was also the highlight of the event and was a roaring success
  • The most important reason for the global best practices sharing was that the entire industry worldwide moves a notch up in threshold and the most critical facet of the value chain benefits that is the Consumer!

 

 

15th December 2020 | New Delhi & Detroit | https://worldautoforum.com/ivass

 

India Vehicle After Sales Summit, a program organized on Saturday, 12th December 2020 by World Auto Forum in association with ASDC – Automotive Skilling Development Council, set the path for innovations in the Vehicle After Sales & Auto aftermarket ecosystem. 

Top Experts from Auto Suppliers, OEMs, Dealership network, Service companies, Parts Makers & Distributors graced the Panel Discussions and Keynote sessions. The theme this year was ‘Surviving and thriving through Innovation, Skilling & Teamwork’. Each session deliberated on various aspects of the post Covid needs and adaptability required to cope with the changing dynamics of consumer behaviour and governmental policies.

Anuj Guglani, CEO, World Auto Forum set the ball rolling by sharing with the audience, the global outreach of IVASS this year, with speakers brought in from across the globe to broaden the horizons of learning and sharing of best practices. He also elucidated the common global challenges faced by the Industry and the pivotal role Innovation plays in overcoming them. 

Continue reading “WAF creates History by getting together Top Global After Sales Experts for Best Practices Sharing”

Riskcovry – The Beacon of Innovation in Insurance Tech Space

RISKCOVRY

Riskcovry – is a B2B2 InsurTech startup based in Mumbai and Bangalore offering an “Insurance as a Service” for any distribution use case. Founded in 2018, by Suvendu Prusty, Sorabh Bhandari, Chiranth Patil and Vidya S., Riskcovry helps businesses with a large user base to enable insurance distribution seamlessly, saving them the traditional overhead of building teams, technology integrations with Insurance carriers and manage processes for Insurance distribution.

The company works closely with insurance companies to design products that cater to the needs of a broader population.
• Riskcovry offers an Insurance-as-a-Service technology platform for any use case.  To enable an “anyone can help insure” vision, building an Insurance-Distribution-Data-Tech platform, across industries.
• Platform consists of 2 inter-operable Technology Products: Riskcovry Insurance-in-a-box & Riskcovry SaaS. Our API’s are designed to meet the needs of both the physical and digital distribution of insurance.
• Modular set of platform capabilities that is agnostic of insurance carriers, products, channels, devices & customer segments, delivered via APIs
• Personalized customer experience (CX) across all digital touchpoints : buy, manage, claim

Risk-O-Meter

Risk-O-Meter (proprietary risk management engine of Riskcovry) enables consumers and businesses to assess their risks in real time based on the user inputs and secondary data scraping before they exploring the insurance product and price options . The API supports dynamic underwriting logic from insurers and displays the price based Risk-o-Meter score. For example, when a user is exploring a business insurance coverage, the Risk-o-Meter generates the cumulative risk score for the location from where the business is operating based on various risk exposures like Fire, Theft, Flood, Earthquake etc.

Loan Protect
Loan Protect is an industry first product that protects a borrower of a loan from death, critical illness and loss of employment and the lender from loan default. Riskcovry’s backend engine bundles 3 different products from multiple insuers i.e. death (life insurance), critical illness (health insurance) and loss of employment (general insurance) and into a single API. This API fetches information from the borrower in real time based on his/her loan details such as interest rate, term of the loan, and age. This in turn allows the lender to customize insurance covers for each customer giving the flexibility to the borrower as well. All policies are issued, managed and claimed digitally. Riskcovry’s solution is completely plug and play without disrupting the existing submission/disbursement workflows. The API’s can power any digital customer experience journey such as borrower opt-in or opt-out, umbrella consent, or transaction level consent.
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India Vehicle Scrappage Policy – A Perspective

India Vehicle Scrappage Policy – A Perspective

by S S Rana & Co. – Leading IP Attorneys & Advocates

 

The rising air pollution in the major cities of the country is a major health and environment  concern with 65% of total air pollution caused by older commercial vehicles plying on road.  To arrest this issue, the Ministry of Road Transport and Highways is slated to scrap vehicles  older than 20 years under the vehicle scrappage policy or voluntary vehicle fleet modernization  program, first mooted in 2016.  

A scrappage policy is a government-funded programme to promote the replacement of old  vehicles with modern ones. A vehicle scrappage programme is usually intended to stimulate  the automotive industry as well as taking obsolete and more polluting vehicles off the road. It proposes to remove old commercial vehicles off the road and moot creation of an ecosystem  to promote scrapping and recycling. 

The policy is expected to considerably impact environmental sustainability and give thrust to  automobile sector by creating new demand. The policy can be viewed as an extension of NGT  ruling for Delhi-NCR whereby diesel vehicles older than 10 years were ordered to stop plying  on the road. Similar policies have been implemented in countries like US, UK, China,  Indonesia etc. to drive auto industry and reduce pollution. 

Key Provisions of Draft Policy: 

Continue reading “India Vehicle Scrappage Policy – A Perspective”

Rajiv Bajaj issues caution | Honda to pay Tesla | EV Makers oppose Hybrid Makers | GM’s new CFO | EU shuns Diesel | Volvo E Trucks

 

Latest news stories from global Auto and mobility world

World Auto Forum brings to you Impactful, Uplifting & Empowering News from the Global Auto & Mobility World Every Week
INDIA AUTO NEWS

Maruti, Hyundai, Tata Motors witness brisk sales during Navratri period PTI

Paid auto loan EMIs during lockdown? Expect cashback from banks today PTI

Auto sector not out of the woods despite record wholesales in October Livemint

EV makers oppose GST cut on hybrid vehicles Livemint

Sonalika Tractors Records Highest Ever Monthly In October 2020 carandbike

Tamil Nadu grants two-year road tax exemption to electric vehicles Autocar

Tata Motors sales rise 27% to 49,669 units in Oct PTI

Auto sector hiring continues to improve: Naukri.com PTI

MG Gloster price hiked by up to Rs 1 lakh; sold out for 2020 Autocar

Mahindra Thar 2020 crosses 20,000 bookings, waiting period more than six months Livemint

Jawa Sales To Be Extended To Neighbouring Countries carandbike

Maruti Suzuki issues recall order for over 40,000 units of Eeco htauto

India moves a step closer to bring in vehicle scrappage policy. What it means PTI

Ford now provides extended warranty up to 1.5 lakh km Autocar

Rajiv Bajaj explains why one festive month doesn’t help two-wheeler industry htauto

 

WAFTV
 

 

 

US AUTO NEWS

Factbox: A second Trump term could mean fewer regulations, more trade wars and high TV ratings Reuters

Elon Musk Says Tesla’s AutoPilot Beta Could Reduce Interventions By 33 Per Cent carandbike

Uber, gig economy companies see California win as national model Reuters

US presidential elections: Joe Biden victory would suit carmakers, says VW CEO Reuters

GM nabs big hire from airline industry as its next CFO USATODAY

U.S. Formally Exits Paris Climate Agreement As Election Rumbles On, Biden Promises To Rejoin If Elected Forbes

Tesla job alert: Elon Musk in search of engineers for Berlin Gigafactory Reuters

How Predicting The Future Has Changed For Automotive In 2020 Forbes

U.S., Brazil see room for global ethanol growth before transition to EVs Reuters

Laser Sensor Startup Aeva May See $2 Billion Valuation From NYSE Listing Forbes

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Edelweiss General Insurance

 

Edelweiss General Insurance

Edelweiss General Insurance aims to bridge the distance between customers and insurance, by making insurance disarmingly effortless. Understanding the pulse of customer requirements, our products are based on real needs and relevant to what is currently needed to protect you and your family.

Backed by a strong regulatory framework and a service that is prompt and caring, we help you protect what you love and take tremendous pride in saying you can take us for granted!

To know more, visit: www.edelweissinsurance.com



SWITCH – Motor Floater Policy

Motor Insurance has remained virtually unchanged since it began as a category, many decades ago. When you buy a vehicle, you pay a premium and take a policy that covers your vehicle for the next 365 days. But here’s the thing: does your vehicle really need accident cover for each of those 365 days? Such continuous cover makes sense for your health insurance, because obviously a person can fall ill anytime. But a vehicle can have an accident only when you’re driving it! And no one uses their vehicle 24/7/365. So why pay a premium at all when you aren’t even using the vehicle, and there’s no risk of an accident? That’s the thinking behind Edelweiss SWITCH, our pay-as-you-use motor. You pay a premium only for the time you switch ‘On’ your cover, when you’re actually using the car. And when your car’s safely parked, you switch your policy ‘Off’ and stop paying the premium. This revolutionary concept is possible because Edelweiss SWITCH is not an old-fashioned paper policy, it is housed on the Edelweiss SWITCH app, which a customer downloads on his phone once he buys the policy.

Continue reading “Edelweiss General Insurance”
Ashish Gupta takes over the Reigns at VW India

Ashish Gupta takes over the Reigns at VW India

by WAF Think Tank 

Volkswagen Passenger Cars India on Thursday said it has appointed Ashish Gupta as Brand Director for the Indian operations with effect from November 1.

Ashish Gupta has a rich experience of 20 years + in the Automotive industry across projects, training, network, sales and after sales. Prior to VW, he worked with Toyota for over a decade at India and Japan.

He is a qualified engineer, with a masters in marketing management and a leadership licence from ISB Hyderabad. He has also been certified by VW AG under the global leadership program.

 

Continue reading “Ashish Gupta takes over the Reigns at VW India”

Gallops Autohaus, India’s leading Dealer Group to Represent BMW in Rajkot

Gallops Autohaus, India’s leading Dealer Group to Represent BMW in Rajkot

  • State-of-the-art BMW Facility NEXT offers enriched digital experience.
  • Customer service powered by new age technologies – BMW Contactless, BMW Smart Video and BMW Smart Repair services.
  • BMW Premium Selection for best deals on used cars with right history.
  • Latest BMW Lifestyle and Accessories for all auto enthusiasts.

BMW India today announced the launch of its ultramodern BMW Facility NEXT in Rajkot. Gallops Autohaus now represents BMW with a fully-fledged integrated retail and service facility. Based on the latest BMW Facility NEXT concept, the new facility showcases the exclusive range of both new and pre-owned BMW cars. It is located at Gondal Road, Survey No.390. Plot No. 611, Rajkot, Gujarat 360004.

The facility is headed by Mr. Tanuj Pugalia, Dealer Principal, Gallops Autohaus. Gallops Autohaus represents BMW India with sales and service touchpoints in Ahmedabad.

Continue reading “Gallops Autohaus, India’s leading Dealer Group to Represent BMW in Rajkot”

Honda to quit F1 to focus on zero-emission technology

Honda to quit F1 to focus on zero-emission technology

TOKYO (Reuters) – Japan’s Honda Motor will end its participation as an engine supplier in the FIA Formula One World Championship at the end of the 2021 season to focus on zero-emission technology, it said on Friday.

The decision was made at the end of September and the company does not intend to return to F1, Chief Executive Takahiro Hachigo said in an online news conference.

“This is not a result of the coronavirus pandemic but because of our longer-term carbon-free goal,” he said.

Like other automakers, Honda is rushing to build new-energy vehicles in an industry shift that Hachigo on Friday described as “once in a century”. That race is accelerating amid the coronavirus outbreak as carmakers review production plans to capture market share with new models including low or zero-emission vehicles.

Honda, which returned to F1 in 2015 and last year began in supplying engines to the Red Bull Racing team, said it will divert the resources it used to build F1 engines towards efforts to accelerate development of zero-emission technologies such as fuel cells and batteries.

“We understand how difficult it has been for Honda Motor Company to reach the decision. We understand and respect the reasoning behind this,” Red Bull Team Principal Christian Horner said in a statement.

Honda is launching its first mass-produced all-battery car this month – the Honda e – and has announced plans for two thirds of the company’s output to be new-energy vehicles by 2030.

Domestic rival Toyota Motor Corp last week said it expects annual sales of electric vehicles to reach 5.5 million in 2025, five years earlier than initially planned.

Reporting by Tim Kelly and Chris Gallagher; Editing by David Goodman

Battery is the Engine of EV Revolution

Battery is the Engine of EV Revolution

by WAF Think Tank 

 

The Chemical of the last decade : Cobalt

• Child Labour & Pollution issues in Battery  Manufacturing

• Battery Disposal and Recycling 

• Unending Quest for More and More Range at Lower Cost 

• Battery Swapping and Innovative Charge Points 

 

Elon Musk having an event at Tesla and calling it Battery Day says it all.

Battery seems to be the New Arms Race of Mobility. The Most desirable chemical of last decade has been Cobalt. Most Lithium Ion batteries are Cobalt based.

More than 50% of Cobalt reserves are concentrated in a small country in central Africa called “Congo”.

This country has huge challenges of Corruption, Child labour, Environment damage around cobalt mining. Severe exploitation of workforce, child labour, unsafe and dangerous work environment are frequently reported from the mining sites.

Severe Environment Impact 

Continue reading “Battery is the Engine of EV Revolution”

Charge your EV at Local Kirana Shop and Electric Poles : India Innovates!

Charge your EV at Local Kirana Shop and Electric Poles : India Innovates!

by WAF Think Tank 

EV is a global phenomenon. Tesla became world’s most valued car maker despite being around for just a decade and with global annual sales volume under 370K. There is surely a lot of hype around EV Tech and Innovations. At the same time, it also seems the inevitable global future!

All Auto Makers have Electric Tech, Products and a future EV strategy already in place!

Electric Charging Network Pre requisite to EV Revolution ?

This could have been true for most other countries. India is an exception, as she chooses to innovate very differently, kill two birds with one stone.

The two birds being generate revenue and employment at grass root level and the other not to invest too much time and resources in doing so!

So ChargePoint, the World’s biggest Electric Charging Co is valued at USD 2.4 B pre IPO with currently 115K charging stations and planned expansion to 2.5 M charging stations by 2025

We have greater value at the bottom of the pyramid waiting to be unearthed! Here’s How…

Continue reading “Charge your EV at Local Kirana Shop and Electric Poles : India Innovates!”

WAF proposes an Exit Compliance Code for Exiting Auto Cos

WAF proposes an Exit Compliance Code for Exiting Auto Cos

by WAF Think Tank 

Times are challenging amidst the Global Pandemic. Jobs losses, pay cuts are the part of the “New Normal”. Health care cost for fighting the pandemic is no less. Mental wellbeing & business sentiment are at their nadir.

To add to the misery, foreign auto cos announce exits. Harley-Davidson just announced their exit from the Indian Market as part of their Operation Rewire. They are closing down their plant. The dealers shall continue to offer services as long as the duration of their “Contract”. This duration remains a “Big Secret”

Most Senior Level employees already allegedly pushed out in the last one year! Psst ..!

Great brands hiding behind euphemism of their expensive PR Agencies.

Stark Reality :

As per FADA, Federation of Automotive Dealer Associations, the exit of HD India shall lead to more than 2k persons losing their livelihood.

Continue reading “WAF proposes an Exit Compliance Code for Exiting Auto Cos”

WAF Certified Pro Program – Be a Better “You”

WAF Certified Pro Program – Be a Better “You”

Top 1K + High Performers’ Secrets in a Program! Can you Miss it ?

Energise your Life & Career with this 3 Day Power Packed Course,  7 am – 8 am IST, Thurs, 8 Oct – Sat, 10 Oct 2020

Last Few Seats Left at Rs 499/-  About to revert to 1500/-

By Registering, you Agree to Our Terms & Conditions, Click here to view

For any Query , please contact Gerald Louis “Jerry” , 8368746841 , jerry@waf.bz

Last 8 years, WAF Jury & Research Teams have evaluated more than 1K Top Leaders for the Prestigious WAF Awards. We found a few qualities common amongst them.

WAF Certified Pro Program assimilates those Winning Qualities & Habits. Unmissable! Right ?

Top 3 Deliverables : 

1. An Hour a day for 3 Days
2. WAF Certificate on Successful Completion
3. It’s Beyond Theory : Practical Role Plays and Participative! 

Get Coached by Master Trainer – Anuj Guglani – CEO, WAF 

Continue reading “WAF Certified Pro Program – Be a Better “You””

Industry needs to forget its First Love “Wholesale” and focus on Life Partner “Retail”

Industry needs to forget its First Love “Wholesale” and focus on Life Partner “Retail”

by Anuj Guglani, CEO, World Auto Forum

• The Automotive Industry’s obsession with Wholesale

• Almost like the College Crush who is hard to forget and keeps coming back ! 

• It’s time to embrace the life partner called Retail! 

 

The year was 2018. The Industry had prepared for the festive season in a similar way, pumping inventory down the dealers’ necks. We all know what happened. The inventory got stuck and had a domino effect, all through the subsequent year. It eventually led to the biggest sales drop in 20 years in 2019.

The reasons cited for low demand back then were : 1. High Insurance Cost 2. High fuel Prices 3. Rise of Shared Mobility Options.

The reasons in 2020 are far more serious and we know it.

In Short, we can’t afford to repeat the mistakes of 2018 in 2020

We need focussed thinking and absorption of consumer sentiment and Industry stakeholders’ feedback

These 5 Basic Questions can be a starting point :

Continue reading “Industry needs to forget its First Love “Wholesale” and focus on Life Partner “Retail””

WAF Annual Partner : High Quality Sanitising Products at Reasonable Prices

WAF Annual Partner : High Quality Sanitising Products at Reasonable Prices

When the unlockdown began, we got feedback and requests from several Workshops for Quality Sanitisation Products at Reasonable Prices.

We evaluated several players and selected Chemi Kleen Solutions who have been making & exporting Hygiene Products last Half a century.

Sanitisation is here to stay. Going forward, we can’t afford to either pay high prices or cut corners in usage. So we asked Chemi Kleen to develop Best Quality Products at Reasonable Prices.

It’s our pleasure to introduce you to the Newest Annual Partner at WAF : Chemi Kleen Solutions.

We encourage you to evaluate them and their hygiene products

Continue reading “WAF Annual Partner : High Quality Sanitising Products at Reasonable Prices”

Tesla’s Musk hints of battery capacity jump ahead of industry event

Tesla’s Musk hints of battery capacity jump ahead of industry event

SEOUL (Reuters) – Tesla Inc (TSLA.O) CEO Elon Musk has suggested the U.S. electric carmaker may be able to mass produce batteries with 50% more energy density in three to four years, which could even enable electric airplanes.

His comments came as speculation is growing about announcements at Tesla’s anticipated “Battery Day” event where it is expected to reveal how it has improved its battery performance.

“400 Wh/kg *with* high cycle life, produced in volume (not just a lab) is not far. Probably 3 to 4 years,” Musk tweeted on Monday in response to a Twitter thread by Sam Korus, an analyst at ARK Investment Management LLC, about why Musk keeps hinting at a Tesla electric plane.

Researchers have said the energy density of Panasonic’s (6752.T) “2170” batteries used in Tesla’s Model 3 is around 260 Wh/kg, meaning a 50% jump from the current energy density which is key to achieving a longer driving range.

Continue reading “Tesla’s Musk hints of battery capacity jump ahead of industry event”

Teachers’ Day Special  “What I learnt from My Gurus” 

Teachers’ Day Special  “What I learnt from My Gurus” 

Top Industry Gurus in the House.
Can you Miss it ?

We had started this Program Series WAF Gurus Live! during the Lockdown to empower and motivate the Industry folks round the world. It has already crossed 1 Million Views!

 Teachers’ Day Special : An Ode to our Gurus & Teachers by the Top Industry Gurus. World Premiere on #WAFTV, 10 AM, Sat, 5 Sept, 2020  https://worldautoforum.com/waf-tv/

Top Automotive & Mobility Gurus shall power to pay their ode to their Gurus! 
It shall go a long way in inspiring and awakening a whole New Generation, especially during these times, when we need to be there for each other the most. It’s the Time for Physical Distancing and being Socially closer than ever before!

China’s EV maker Nio launches battery leasing service

China’s EV maker Nio launches battery leasing service

BEIJING/SHANGHAI (Reuters) – Chinese electric vehicle (EV) maker Nio Inc has launched a battery leasing service that will allow drivers to buy an EV without owning the battery pack – one of the most expensive EV components – thereby lowering the starting price of its cars.

The service, called “battery as a service” (BaaS), entails drivers paying a monthly rental fee for use of the batteries.

The cheapest Nio car after subsidies is now an ES6 sport-utility vehicle (SUV) priced 273,600 yuan ($39,553) without ownership of the battery pack, versus 343,600 yuan including the pack.

“We believe with BaaS, more customers of gasoline cars will consider electric vehicles,” Nio’s chief executive William Li told reporters.

Nio operates 143 battery-swapping stations around China, where drivers can swap spent battery packs for fully charged replacements. Li said Nio was building a new battery-swapping station in China every week and planned to build 300 new stations next year.

Continue reading “China’s EV maker Nio launches battery leasing service”

VW India introduces Power Lease and Secured Resale Value Programs

VW India introduces Power Lease and Secured Resale Value Programs

VW India is known for pioneering and innovative offerings. They have recently launched two programs with Customer Convenience and Hassle Free Ownership in Mind! 

1. VW Power Lease

This program takes away the costs of servicing, depreciating value of the car. One can book the entire amount as expense. Time to just enjoy the immersive driving experience of the immaculate VW cars!

          A Few Interesting features like : 

         a.  Rental Holidays

         b. Zero Down Payment 

         c. Worry- free Maintenance

         d. Upto 30% Tax Benefit

Continue reading “VW India introduces Power Lease and Secured Resale Value Programs”

WAF Gurus Live Series Crosses 1 Million Views!

WAF Gurus Live Series Crosses 1 Million Views!

By WAF Editorial Team

16 Programs, 4 Months, 87 Thought Leaders and 1 Million + Views! 

It is a Moment of great pride and honour for us at World Auto Forum.

In a about 4 Months ,we have exceeded 1 Million Views of our Popular Series WAF Gurus Live!

We began WGL March End 2020, while the entire world was under a lockdown! It was to empower, educate, motive and coach the Automotive and Mobility Industry members.

16 Programs, 4 Months, 87 Thought Leaders and 1 Million + Views! 

A Series of focussed programs on myriad topics ranging from Dealer Health, Supply Chains, After Sales Service, Legal Compliances, Cyber Security, Solar Energy, Pre Owned Vehicles, Shared Mobility, EV and many more

Three Cheers to WAF Members, our WAF Gurus, who powered them and Our Annual Partners :

Annual Gold Partners : Gallops Motors, MotorUncle.com

Annual OEM Partner : VW India 

Annual Partners : Amplus Solar, Shell Lubricants, K2B Learning 

Annual Associate Partner : Jubilant MotorWorks

Media Partners : Auto Tech Review and The Patriot

This wouldn’t have been possible without our Stellar WAF Team –  Jerry Sir, Mohini and Kunal 

Continue reading “WAF Gurus Live Series Crosses 1 Million Views!”

Sugato Sen : A Strong Pillar at SIAM Superannuates

Sugato Sen : A Strong Pillar at SIAM Superannuates

by WAF Editorial Team 

Sugato Sen, one of the most prominent personalities, an institution in himself, the pillar of SIAM superannuated last week. 

SIAM – Society of Indian Automobile Manufacturers is the apex body of Auto Makers at India for last several decades.

 

Mr Sen has been serving as Deputy Director General at SIAM. He has been spearheading several activities &  initiatives for the Industry and the Society at Large. He has been the secretary of several working councils at SIAM which overlook most of the activities across International Business, Market & Economic Affairs.

“Sugato sir, as we have address him at the Industry, has limitless energy of a college student, a Big heart which beats for the Industry and the Society and to top it all, Industry Knowledge and Insights which can beat any Think Tank, hands down, across the World. We hope he keeps doing the great work in different ways”, commented Anuj Guglani, CEO, World Auto Forum

Continue reading “Sugato Sen : A Strong Pillar at SIAM Superannuates”

Remembrance and Prayers for Ashesh Dhar, Tata Motors : A Big Loss to Industry

Remembrance and Prayers for Ashesh Dhar, Tata Motors : A Big Loss to Industry

by WAF Editorial Team 

This sad and shocking news came late last night. We lost Ashesh Dhar, Head Sales, Marketing and Customer Care EV Business at Tata Motors to cardiac arrest.

The Industry has been pouring its heart out to this horrid news.

Ashesh had been a great friend and a supportive colleague to many across his long and diverse work experience in the Automotive Industry.

He went to National High School at Srinagar and thereafter did his Mechanical Engineering from BITS Pilani.

In 1991, he joined Bajaj Auto as a GET where he served for 7 years. He then moved to TVS Motor Co and enjoyed a great stint of 10 years there.

In 2007, he joined Mahindra First Choice Wheels ( MFCW) as Vice President.

In 2011, he moved to Tata Motors where he had yet another great stint across sales, marketing, customer care. The company elevated him as head of EV Business.

He was instrumental in the creating a brand for Tata Motors in the EV Space.

Continue reading “Remembrance and Prayers for Ashesh Dhar, Tata Motors : A Big Loss to Industry”

WAF Gurus Live 15 : Employee Health and Safety in the Covid Era
Volkswagen sees Amazon-built ‘industrial cloud’ as future B2B marketplace

Volkswagen sees Amazon-built ‘industrial cloud’ as future B2B marketplace

(Reuters) – Volkswagen AG (VOWG_p.DE), Europe’s largest automaker, is expanding its cloud-based software and data portal, aiming to develop it into an industry-wide marketplace where business customers can buy and sell industrial applications, the company said on Thursday.

VW’s “industrial cloud” was designed in partnership with Amazon Web Services and eventually will link more than 120 VW factories around the world to the automaker’s 1,500 suppliers and their 30,000 plants.

The portal is intended as a place to exchange data and software to help accelerate the digitalization of factory processes from stamping to painting to machinery maintenance, according to Nihar Patel, VW’s executive vice president for strategic core projects.

 VW has opened the portal to the first group of supplier partners, led by Siemens AG. Those partners are expected to contribute software applications to be shared with VW and among themselves, in what the automaker described as “an App Store approach.”

Continue reading “Volkswagen sees Amazon-built ‘industrial cloud’ as future B2B marketplace”

Bajaj Auto focuses on exports as India battles pandemic

Bajaj Auto focuses on exports as India battles pandemic

NEW DELHI (Reuters) – Bajaj Auto (BAJA.NS) is betting that an early recovery from the ravages of COVID-19 in motorcycle sales in its export markets will help it offset pandemic-related disruption at home, its chief financial officer said.

The Indian company, which also sells rickshaws and small commercial vehicles, is already the largest exporter of motorcycles from its domestic market, where sales have been slow to pick up due to local lockdowns.

“All our export markets were also affected but recovery has been better (there) than in India,” Soumen Ray told Reuters in an interview late on Wednesday. “We will continue to remain aggressive on exports.”

Bajaj plans to open an assembly plant in Brazil within 18 months, as well as a design office in Thailand to handle sales for the ASEAN region, and another design office in Europe, Ray said.

Exports make up 40%-45% of group motorcycle sales, Ray said.

This year, however, they have predominated. Between January and June, it exported 664,000 motorcycles while selling 589,000 in India, company data showed.

Continue reading “Bajaj Auto focuses on exports as India battles pandemic”

Auto Industry has its Doors & Arms Wide Open during Covid Era

Auto Industry has its Doors & Arms Wide Open during Covid Era

by Anuj Guglani, CEO, World Auto Forum

The auto industry is one tough industry to crack. As in, enter for business or work. Most join the Industry as interns and retire as CXOs!

The Suppliers and the Dealers are also a close knit fraternity. They compete and cooperate!

Co-opetition in the Truest Sense

Whether its the technical thing or the passion or both, surely works as an insulator as well as an adhesive here!

Last 3 months + of Covid have changed a lot of things especially the “Tough to Crack” part. The industry has opened up!

Supply Chain Shift Shocks make Auto Makers look for Alternatives

The Procurement Teams at Auto Makers are a worried lot lately. Till the time there was a complete lockdown, everything was shut and it was still ok, well less worrisome!

Since the production resumed, their supplies suffered shocks almost every week. Most Auto makers follow Lean Manufacturing, Direct on Line or Just in time concepts. Now when suppliers location gets proclaimed as a Containment Zone at drop of a Hat, their supplies get stuck.

The situation exacerbates as Tier 1 Suppliers are dependent on Tier 2, Tier 3…Tier N Suppliers. Any one getting contained down the chain, the final supply to Auto makers gets affected. That vehicle booking gets cancelled at the Dealer end and thats trouble!

Resilient and Dynamic Supply Chains 

They become a need of the hour. There have to be back ups and redundancies at different locations as the Show Must Go On! This needs rethinking and fine tuning not just with the auto maker and Tier1 but across the supply chain. It goes beyond redundancies and covers automation, digitalisation, resource allocation & real time coordination and sharing.

Coming together and working as “One Industry, One Family” thereby becomes a pre requisite.

Continue reading “Auto Industry has its Doors & Arms Wide Open during Covid Era”

WAF Gurus Live 13 : Legal Dispute Resolution in the Covid era
Tesla’s Musk approaches a $1.8 billion bonanza

Tesla’s Musk approaches a $1.8 billion bonanza

(Reuters) – Tesla Inc’s blistering stock rally is putting Chief Executive Elon Musk in reach of a payday potentially worth $1.8 billion, his second jackpot from the electric car maker in about two months.

 Fueled by stronger-than-expected car deliveries, shares of Tesla have surged over 40% in the past seven sessions, elevating the company’s market capitalization to $259 billion. More important for Musk’s personal finances, Tesla’s six-month average market capitalization has reached a record $138 billion.Hitting a six-month average market capitalization of $150 billion would trigger the vesting of the second of 12 tranches of options granted to the billionaire to buy Tesla stock as part of his 2018 pay package. In early May, Musk’s first tranche vested after Tesla’s six-month average stock market value reached $100 billion.

Musk has already achieved targets related to Tesla’s financial growth that are also required in order to vest the approaching options tranche.

Each tranche gives Musk the option to buy 1.69 million Tesla shares at $350.02 each. At Tesla’s current stock price of $1,397, Musk would theoretically be able to sell the shares related to the tranche that vested in May and the upcoming tranche for a combined profit of over $3.5 billion, or $1.8 billion per tranche.

Musk’s first tranche was worth about $700 million in May, when it vested, but its value has since increased along with Tesla’s stock price.

Tesla has surged 500% over the past year as the company increased sales of its Model 3 sedan.

Tesla last week reported higher-than-expected second-quarter vehicle deliveries, defying plummeting sales in the wider auto industry as the coronavirus pandemic slammed the global economy.

The solid delivery numbers heightened expectations of a profitable second quarter, which would mark four consecutive profitable quarters, a first for Tesla, and a key hurdle to be added to the S&P 500 index.

Musk, who is also the majority owner and CEO of the SpaceX rocket maker, receives no salary, only the options in his pay package. A full payoff of all tranches would surpass anything previously granted to U.S. executives.

When Tesla unveiled Musk’s pay package, it said he could theoretically reap as much as $55.8 billion if no new shares were issued. However, Tesla has since issued shares to compensate employees, and also sold shares in secondary offers, including a $2 billion stock sale in February.

Reporting by Noel Randewich; Editing by Alden Bentley and David Gregorio

Pre Owned Vehicle Business in the COVID Era

Pre Owned Vehicle Business in the COVID Era

Top Industry Gurus in the House.
Can you Miss it ?

Register and Attend on Sat, 11 July, 5 pm -6:15 pm IST

Last 10 Slots Left! Register Fast! 

By Registering, you Agree to Our Terms & Conditions, Click here to view

For Any Help or Query, please connect with Mr Jerry at jerry@waf.bz , 8368746841 , Team World Auto Forum

You shall receive your Log in Details for the Online Program, 30 Min Before the Program Begins, by email. If you don’t receive, pls let us know!

Continue reading “Pre Owned Vehicle Business in the COVID Era”

Uber widens taxi app to Japan’s Tokyo but ride-sharing still barred

Uber widens taxi app to Japan’s Tokyo but ride-sharing still barred

TOKYO (Reuters) – Uber Technologies (UBER.N) launched a ride-hailing smartphone application in Tokyo on Friday in partnership with three domestic taxi firms, even as strict regulations block its popular ride-sharing service in Japan.

The taxi-hailing app, already introduced in smaller cities, connects app users to taxis run by Hinomaru Limousine, Tokyo MK Corp and Ecosystem in the Japanese capital.

Uber is not allowed to run its own ride-sharing fleet in Japan as it does in the United States and elsewhere since local regulations ban non-professional drivers from ferrying paying customers.

Eager to build a customer base in the world’s third-biggest economy, Uber has focused on expanding its Uber Eats food delivery service, which has proven popular, particularly amid the coronavirus pandemic.

Didi Mobility Japan, a joint venture of China’s Didi Chuxing and SoftBank Corp, has also introduced a service in Japan to connect customers with taxis.

Reporting by Ritsuko Ando; Editing by Clarence Fernandez

WAF Gurus Live 11 : Make in India During Covid Era
WAF Gurus Live 10 : Buy Vs Lease Vs Hire Vs Subscribe : The New Consumer

WAF Gurus Live 10 : Buy Vs Lease Vs Hire Vs Subscribe : The New Consumer

Add to Calendar

Top Mobility Gurus in the House.
Can you Miss it ?

Register and Attend on Sat, 27 June, 5 pm -6:30 pm IST

By Buying the Ticket, you Agree to Our Terms & Conditions, Click here to view

For Any Help or Query, please connect with Mr Jerry at jerry@waf.bz , 8368746841 , Team World Auto Forum

Continue reading “WAF Gurus Live 10 : Buy Vs Lease Vs Hire Vs Subscribe : The New Consumer”