Electric Passenger Vehicles Market Size:
BEV sales have reached 14,690 units in 2021
The industry is in a nascent stage and is experiencing growth with the addition of successful new products
Let’s understand how Electric and normal cars differ.
Price of Acquisition of an EV – Electric Vehicle
by WAF Think Tank
The year was 1997 and the auto retail was fairly nascent in the country. A young entrepreneur with stars in his eyes had a dream to build an automotive retail business which creates new standards of excellence. His name was Sanjay Thakker. Honda Cars India had just set up their shop in the country. Mr Thakker applied for their dealership at Ahmedabad along with his partner & childhood friend Late Milan Shah.
They impressed the Honda management and were granted the Dealership LOI. And thus started the journey of Group Landmark. After 4 years they also began the super successful Landmark Insurance business.
Continue reading “Group Landmark | Dream to Reality in 25 years”
by WAF Think Tank
Mr Arora is an Industry Veteran with decades of experience in Automotive Company Operations. He had been with Mercedes-Benz Group for more than a quarter century.
He has vast experience and deep insights in Manufacturing Operations, Quality, Purchase & Logistics. He strikes a fine balance with his Technical knowhow, understanding of Business Strategy and Global Markets.
He had been leading Operations for Mercedes-Benz India Pvt. Ltd. , Mercedes-Benz Indonesia and Mercedes-Benz Vietnam
Continue reading “Meet the New MD at Skoda Auto Volkswagen India | Piyush Arora”
by WAF Think Tank
The automotive supply chain for manufacturing cars, trucks, buses and other vehicles is one of the most complex in the world. It’s becoming more global too, second only to the electronics sector for the spread of suppliers, manufacturers and other third parties around the world. Globalization adds some unique complexity to the automotive supply chain, and demands practical solutions from vehicle manufacturers and brands.
It’s not just globalization that creates difficulties for automotive suppliers and builders. Changes in manufacturing processes, consumer demands and new, disruptive trends – all impact on the vehicle supply chain network for raw materials, parts and finished automobiles. Both internal and external factors require automotive supply chain managers to minimize costs, optimize manufacturing and distribution, and ensure that parts and products get to the right organizations at the right time.
Continue reading “WAFinar no 25 : How to Master Supply Chains in 2022”
Maruti Wagon-R became the best-selling car in 2021 for the first time, and also achieved the best-ever annual sales in a lifetime, though it was a photo finish between siblings – Swift and Baleno.
In reality, Maruti Baleno+Toyota Glanza (cross badged), with a combined sales of 1,98,563, is the best-selling product in 2021
Maruti continues to dominate the top 10 space with 8 products
MUV Ertiga+XL6 became the 5th best selling product line in India
As per the reports shared by FADA, Luxury Cars Retails in India for December saw an upward trend and grew by 19.7% when compared to December 2020. Luxury Car Sales is usually the highest in December and is a high sales month where OEMs continue to offer the best discounts to clear the inventory due to change of year. Hence the luxury car registrations is a clear indication of how the demand still persists and the economy too is on a positive note currently. Continue reading “Luxury Car Retail Sales Statistics for December 2021”
The Top 25 Selling Cars constituted over 78% of the cars sold in December 2021. It had 11 models from Maruti, 4 from Tata, 3 from Hyundai and Mahindra, 2 from Honda, and 1 from Toyota & Kia each. In terms of volumes, Maruti Suzuki models contributed to just over 58 percent volumes in the Top 25!
Continue reading “Top 25 Selling Cars in India for December 2021”
Around 2,54,270 passenger cars were sold in the Indian market for December 2021. The sales dropped by 8 percent YoY. However; the sales increased by a marginal 3.7 percent when compared to November 2021.
Tata Motors has emerged as India’s second-largest manufacturer of passenger vehicles for the month of December 2021 by overtaking Hyundai! 2021 has been a stellar year for Tata Motors and the OEM has achieved several benchmarks in the Calendar Year – Continue reading “Tata Motors posted CY sales of 3,31,178 units in CY21, highest ever since inception!”
Continue reading “WAFinar no 25 : How to Master Supply Chains in 2022”
by WAF Think Tank
This has also been featured across 2 pages at the Patriot Newspaper on Dec 24
The 7th India Vehicle After Sales Summit 2021, was organised online on Saturday 11th December by the World Auto Forum in yet another effort of theirs to offer us the opportunity to connect with top automotive heads and experts of the Auto industry for expert knowledge sharing.
In 2020, India was the fifth-largest auto market, with ~3.49 million units sold in the passenger and commercial vehicles categories. It was the seventh-largest manufacturer of commercial vehicles in 2019. Vehicle owners today place a significantly high premium on after-sales experience and customer satisfaction.
As vehicles age and owners lose interest when the warranty expires – usually four years after the initial sale –is when loyalty created through strong after sales comes into play, enabling vehicle makers to reinforce their ties.
Continue reading “Key Takeaways from Top Leaders at India Vehicle After Sales Summit 2021”
WAF Gurus WAFinar 24
The ongoing COVID-19 pandemic, caused by the novel coronavirus SARS-CoV-2, is one of the biggest health and humanitarian crisis of 21st century. It has placed a significant burden on global health and economic well-being, an estimated 2.7 billion people, or more than four out of five workers in the global workforce have been affected by the lockdown and stay-at-home measures.
Businesses and government leaders have been challenged to both respond to the crisis quickly and rethink their work strategies in real time.
The first priority for most organizations the world over, has been crisis response and emphasizing health, safety, essential services and the virtualization of work and education.
Continue reading “Keeping Workforce Safe and Businesses Running in the Next Normal”
Citizens for Better India (CFBI), the CSR arm of WAF in partnership with Givers for a Cause Trust are working for the children who have been brought by their parents for treatment and surgeries for serious diseases to AIIMS, New Delhi
These Children are staying at Pagoda Camps or at the Footpath outside AIIMS, New Delhi. If your passing by, please feel free to drop in and lend a helping hand.
In their words of Ms Rachna of Givers for a Cause Trust :
“Presently, insane number of patients are seeking help around A.I.I.M.S.
Continue reading “CFBI, CSR arm of WAF, working for Children with Serious Diseases at AIIMS”
by WAF Think Tank
The Pandemic has triggered big challenges like Managing Supply Chains, ensuring High Productivity & Earnings, ensuring up time of Equipments, Workshops, meeting commitments of Quality, Cost and Time. Well, List goes on…!
Focus Engineering Middle East and India have been busy training, coaching, consulting, providing digital and video tools to empower not just the Mega Automotive Businesses and Workshops but even the smaller garages and thereby keeping the wheels of the Industry and economy moving…
By WAF Think Tank
Honda cars have always been known for their quality, performance, stellar fit & finish and endurance. Honda’s Core philosophy revolves around Respect for the Individual and the 3 Joys viz Joy of Buying, Joy of Selling and Joy of Creating.
When it comes to creating at Honda, a name comes up prominently, like a shining star and that is Mr Navid Talib.
Talib san as he’s lovingly addressed by his colleagues, teams and friends, has been the key driving force behind Engineering, Quality, New Model Development and Manufacturing of Honda Cars, as he had been heading all these functions at Honda Cars at India.
Continue reading “Finest Tech Mind, A Thorough Professional, A True Gentleman – Navid Talib”
Hyderabad (Telangana) [India], December 9 (ANI/NewsVoir): Optimizing on the successful launch of the One Moto EV’s in India, the EV’s were publicly put on display for the first time in India at the Green Vehicle Expo in Bengaluru from November 27-29 2021. With a massive turnout of over 15,000 people at the One Moto stall, the Expo has proven to be a major boost for One Moto Lovers with visitors crowding in for the viewing and information of the vehicles.
The EV’s have gained huge popularity among the crowd owing to their stylish designs and standout features. Among the major goals of One Moto India is to create a sustainable society that has the ease of adaptability. The charging capacities and the low carbon footprint that the EV’s yield have been the defining features for their popularity. Continue reading “One Moto leads the race in EV domination, outshines competitors at Bengaluru EV Expo”
Mr Prakash M Telang had been a force at Tata Motors for over 4 decades. He was promoted as MD of TML in 2009- 10 on retirement of Mr Ravi Kant
Mr Telang had led Tata Motors’ overseas expansion at Thailand, South Africa and other regions. He had also led several cost reducing innovations like E-Procurement.
Prior to taking on the mantle as the MD, he led the CVBU business as its ED where he is credited for innovative & successful products like the Tata Ace . He was a key team member behind the earlier game changer product Tata 407
Mr Telang had joined the House of Tatas via the TAS- Tata Administrative Services and even after his retirement continued to hold several board positions in the Tata Group of Companies.
He shall be remembered for his warm and helpful nature, sharp insights, Manufacturing Innovations and long standing commitment to Tata Motors, Tata Group and the India Business EcoSystem.
“He was committed to manufacturing,” Ravi Kant, former vice-chairman Tata Motors
‘May the All Mighty grant his soul eternal peace. Praying for strength to his family and friends,’ says Anuj Guglani, CEO WAF
Around 2,45,262 passenger cars were sold in the Indian market for November 2021. The sales dropped by 14.3 percent YoY. The shortage of semiconductors crippled the entire supply chain during the festive season and the drop in dispatches has hit both the OEMs and PV dealers hard. The industry recorded its worst festive season in the last decade due to the supply crunch.
India’s biggest OEM Maruti Suzuki stated, “The shortage of electronic components had a minor impact on the production of vehicles during the month. The shortage primarily affected the production of vehicles sold in the domestic market. The company took all possible measures to minimize the impact.” Continue reading “November 2021 Car Sales – Snapshot”
Volkswagen fulfills its commitment of launching four new SUVWs by the end of 2021 with Tiguan
Roll-out of the exciting new Volkswagen Tiguan from the Aurangabad plant in India
Built on the MQB platform: Increased dynamic proportions offers the template for an authentic and energetic SUV design
Continue reading “Volkswagen announces the start of production of the exciting new Tiguan in India”
MG Motor India has partnered with Clean Max Enviro Energy Solutions (CleanMax) for the supply of 4.85 MW of wind-solar hybrid power to its manufacturing facility in Halol, Gujarat. The step will help MG Motor reduce approximately 2 lakh megatonnes of CO2 over 15 years which the company says is equal to planting more than 13 lakh trees. In fact, MG’s Halol based manufacturing plant will receive 50 per cent of electricity from CleanMax Wind Solar Hybrid Park which is set up in Rajkot.
Continue reading “MG Motor India becomes First Car maker to harness Hybrid Solar & Wind Energy”
Back in 2004, the Indian Automotive Retail segment was still burgeoning and far from being an organised one. There were just a handful of Multi Outlet Dealership Groups.
Several Car makers like VW, Renault, Jeep, Citroën, MG, Kia, BMW, Audi were yet to set up shop.
Around the same time, a compact showroom of General Motors came up at Ahmedabad almost like a test and try experiment on SG Highway. This road was at the City’s outskirts during those days but later transformed to be the most happening Motown District, Retail & Real Estate Hub of Ahmedabad.
Continue reading “Gallops Group : The Prominent Star of the Indian Automotive Retail World”
Hyderabad (Telangana) [India], November 20 (ANI/NewsVoir): With the stupendous response to the Launch especially for dealerships, One Moto has made a grand entry in India.
Onr Moto has launched its vehicles for booking in India on the 18th of November 2021 in a Virtual Launch presided by the One MOto Global CEO, Adam Ridgeway, and the Indian founders Muzammil Riyaz & Sameer Moidin. Continue reading “One Moto’s Launch in India turns out to be tremendous success”
On a YoY basis, total vehicle retails for the month of October’21 decreased by -5.33% as per the data released by FADA. When compared to October’19 (a regular pre-covid month), overall retails continue to fall by -26.64%. On a YoY basis, 3W was up by 74% and CV was up by 26%. 2W, PV and Tractors fell by -6%, -11% and -21% respectively.
The Indian UV segment is not only the fastest-growing segment of the Indian PV Industry, it is also the largest segment. It is now ahead of the hatchback segment with over 39.7% market share of the Indian PV segment.
On the volume front, it has crossed the 7.6 Lakhs mark YTD with 69% growth. More than 85% of the recent new car launches have been dedicated to the UV segment. This segment is where the entire PV Industry’s action is. Continue reading “Maruti beats Hyundai, to become Number 1 UV OEM this FY 21-22 YTD.”
BERLIN, Nov 10 (Reuters) – Electric vehicles (EVs) are a powerful weapon in the world’s battle to beat global warming, yet their impact varies hugely from nation-to-nation and in some places they pollute more than gasoline models, data analysis shows.
In Europe, where sales are rising the fastest in the world, EVs in Poland and Kosovo actually generate more carbon emissions because grids are so coal-reliant, according to the data compiled by research consultancy Radiant Energy Group (REG). Continue reading “Is your electric car as eco-friendly as you thought?”
GLASGOW, Nov 10 (Reuters) – (This November 10 story corrected to read Volvo Cars in bullet point, paragraphs 9 and 12)
A group of countries, companies and cities committed on Wednesday to phasing out fossil-fuel vehicles by 2040, as part of efforts to cut carbon emissions and curb global warming. Continue reading “Countries, cities, carmakers commit to end fossil-fuel vehicles by 2040”
Nov 10 (Reuters) – Global automakers are planning to spend more than half a trillion dollars on electric vehicles and batteries through 2030, according to a Reuters analysis, amping up investments aimed at weaning car buyers away from fossil fuels and meeting increasingly tough decarbonization targets.
Less than three years ago, a similar analysis by Reuters found car companies planned to spend $300 billion on EVs and related technologies. But looming zero-carbon mandates in cities such as London and Paris and countries from Norway to China have lent additional urgency to the industry’s EV-related investment commitments. Continue reading “Exclusive: Global carmakers now target $515 billion for EVs, batteries”
In an auto Passenger Vehicle Segment with more than 15 fiercely competitive players, we have only 5 car Manufacturers who have crossed the 1 lakh mark this Financial year. Cumulatively these 5 contribute to more than 83% of the PV Industry.
The Indian Passenger Vehicle Industry has seen a total volume of about 16,44,909 this financial year till date, ( April to October ). This was a strong performance despite the lockdowns and other challenges, the volume growth stood at 4,33,110 units when compared to the last year till date volume of 12,11,799
Interestingly we have only 5 OEMs who managed to cross the 1,00,000 mark YTD. The total share of these 5 OEMs stood at about 83.93% and continues to remain stable around this volume.
Continue reading “Keeping Workforce Safe and Businesses Running in the Next Normal”
Around 2,60,067 passenger cars were sold in the Indian market for October 2021. The sales dropped a massive 22.1 percent YoY. The shortage of semiconductors crippled the entire supply chain during the festive season and the drop in dispatches has hit both the OEMs and PV dealers hard.
Tata Motors Ltd (TML) and TPG Rise Climate have today entered into a binding agreement whereby TPG Rise Climate along with its co-investor ADQ, shall invest in a subsidiary of Tata Motors that will be newly incorporated. TPG Rise Climate along with co-investors shall invest Rs 7,500 Cr in compulsory convertible instruments to secure between 11 % to 15 % stake in this company translating to an equity valuation of up to $9.1 bn.
The new company shall leverage all existing investments and capabilities of Tata Motors Ltd and will channelise the future investments into electric vehicles, dedicated BEV platforms, advanced automotive technologies and catalyse investments in charging infrastructure and battery technologies. Over the next 5 years, this company will create a portfolio of 10 EVs and in association with Tata Power Ltd, catalyse the creation of a widespread charging infrastructure to facilitate rapid EV adoption in India.
SUV sales have risen to an all-time high in the Indian market and almost all the OEMs have an offering in the SUV category. Both Compact and Mid SUV segments have grown considerably and are now easily outselling the hatchbacks/sedans. Almost all new launches in the past year have been in the segment and even the recent launches (Taigun, XUV700, Astor, etc) signifies on how the automakers are eyeing this segment.
Around 1,85,636 passenger cars were sold in the Indian market for September 2021. The sales dropped a massive 36.6 percent YoY and fell 28.5 percent MoM. The shortage of semiconductors crippled the entire supply chain right before the festive season and the drop in dispatches have hit both the OEMs and PV dealers hard.
Two- and three-wheeler vehicles are likely to lead the transition to electric technology in India during the coming decade as the cost difference with combustion engine vehicles is narrowing and these vehicles can harness ‘battery swapping’ along with public charging infrastructure, according to the current industry predictions and so it was that the WAF Gurus Live Episode 22- powered by One Moto India was held virtually recently in which Gurus of the auto and mobility industry across discussed this very issue – Electrifying 2 Wheelers, 3W, and Logistics – Opportunities and Caveats.
As the number of EVs increases, there is a need to have a well-defined end-of-life (EOL) strategy for the batteries removed from EVs as part of collective efforts to ensure EV industry is truly green and eco-friendly. The end of life for a battery is exactly that – the moment where the battery reaches the end of its usefulness and/or lifespan and can no longer operate at anywhere close to the peak capacity that you once enjoyed. Recycling has been proposed as the EOL option for the EV batteries, but there are many issues that make recycling less justifiable, and this episode laid out those issues and discussed the alternate and appropriate EOL option.
Continue reading “Electrifying 2 Wheelers, 3W, and Logistics – Opportunities and Caveats”
The British government will introduce legislation in 2021 that will require all newly built homes and offices to feature electric vehicle chargers in England, the media reported.
Specifically, all new homes and offices will have to feature “smart” charging devices that can automatically charge vehicles during off-peak periods.
Continue reading “England to be first country to require new homes to include EV chargers”
As per the data released by FADA, total vehicle retails for the month of August’21 rise by 14.48% on a YoY basis.
When compared to August’19 (a regular pre-covid month), retails are still down by -14.75%. On a YoY basis, all categories were in green with 2W up by 6.66%, 3W up by 79.70%, PV up by 38.71%, Tractor up by 5.50%, and CV up by 97.94%.
Both Tractors, as well as PVs, continue to see robust demand as they grow by 35.98% and 31.67% when compared to August’19, a pre-covid month.
New Delhi, Aug 25 (PTI) Auto industry leaders, RC Bhargava of Maruti Suzuki India and Venu Srinivasan of TVS Motor, on Wednesday hit out at government officials for only paying lip service to the sector and not taking any “concrete action” to reverse the decline in growth over the past few years.
Speaking at industry body SIAM”s 61st Annual Convention, the veteran industry leaders wondered if contribution of the auto industry towards India”s growth is being recognised and lamented that cars seem to be still considered as luxury, that only the rich could afford.
“We have been going through a situation where this industry has been declining over a long period of time,” Bhargava, who is the Chairman of the country”s largest carmaker Maruti Suzuki India, said.
