Continue reading “Get Ready for a Journey powered by Nostalgia | Oye Hoye! by Anuj Guglani”
The Delhi Motor Vehicle Aggregator and Delivery Service Provider Scheme, 2023, is a salient policy, a ground-breaking policy for tackling vehicular emissions. Delhi’s atmosphere has suffered through years of heavy pollution, with vehicular emissions being one of the biggest contributors to it. The Government of the NCT use this policy to acknowledge that fact, and attempt to rectify the same over a long term. Their policy also acknowledges the growth of app-based aggregators and delivery service providers (henceforth, DSPs), and their massive involvement in the on-ground vehicles used often.
by WAF Think Tank
World Auto Forum successfully organised the WAF I2N – Innovators & Investors Network and WAF Whale Tank in partnership with We Founder Circle, India’s No 1 Angel Investors Platform. The event was also powered by WAF First Angels – A curated community by World Auto Forum of angel investors comprising Top CXOs, Entrepreneurs and professionals.
Anuj Guglani, Founder & CEO, World Auto Forum said, ‘A thriving startups ecosystem is the barometer of innovation and growth for any nation. India has been a country of investors, startups and entrepreneurs even before these terms were coined. WAF is committed to contributing to these communities meaningfully.’
The WAF I2N first panel discussion included angel investors and startup founders as speakers. It was on an extremely pertinent topic: Important Things That Make a Startup Successful. It initially saw the investors and founders lock horns on valuations, viability and value creation. This spiced up the discussion, reminiscent of their quarterly review meetings back at their offices! Gradually the discussion led to the discovery of common ground for win-win! They realised they need each other for the ecosystem to be alive. Hence collaboration is inevitable!
PTI – Chaba said the automaker has invested between Rs 600-700 crore on the development of Comet which would be rolled out from its Halol-based plant in Gujarat with a localisation content of around 53-54 per cent. Expecting a robust response, MG Motor is looking to gradually ramp up the production capacity of Comet to around 3,000 units a month, he added.
Bullish on electric mobility MG Motor India expects 30 per cent of its sales to accrue from the electric vehicle segment this year as it gears up to introduce its second offering in the vertical next month, according to the company’s President and Managing Director Rajeev Chaba. The company, which currently sells ZS EV in the country, has unveiled a two- door electric vehicle ‘Comet’ which it plans to introduce in phase wise manner across the country starting next month.
PTI – Volkswagen is focusing on premium products in India, says Volkswagen Passenger Cars India Brand Director, Ashish Gupta, as 45% of all passenger vehicles sold in the country so far this year are priced above INR 10 lakh. The carmaker has moved into an average price band of INR 16 lakh, which offers feature-loaded products in response to evolving customer demands. “Customers are in a zone of no compromise,” Gupta stated. Gupta also confirmed that Volkswagen has moved away from the sub-four metre Polo segment entirely.
With nearly 45 per cent of passenger vehicles sold in India coming from models priced above INR 10 lakh so far this year, German carmaker Volkswagen is focussing on premium products in the country following its global strategy, according to a senior company official. The company, which till about three to four years back was operating in a price bracket of INR 6.5 lakh to INR 7 lakh, has now moved up to an average price band of INR 16 lakh offering feature-loaded products in order to meet the evolving customer demands.
Continue reading “Volkswagen focussing on premium products in India following global strategy”
New Delhi, 12th December 2022: Aligned with the Government’s thrust towards ethanol adoption in India, the Society of Indian Automobile Manufacturers (SIAM) organised a technology demonstration on “Ethanol Adoption – Flex Fuel Vehicles in India”, at India Habitat Centre, New Delhi. It was done to demonstrate the readiness of automobile manufacturers for ethanol adoption through multiple segments of FFVs slated to be launched, particularly in the 4 wheelers and 2 wheelers segment.
Hon’ble Minister Shri Nitin Jairam Gadkari, Union Minister of Road Transport & Highways, Government of India inaugurated the demonstration session where the vehicle features and technological developments were showcased to emphasize the use of FFVs and future possibilities. The demonstration was organized as a part of the year-round activities to promote the use of ethanol. The program witnessed participation from automotive industry experts, government officials, Oil Industry, and other stakeholder associations. Continue reading “SIAM Organises Technology Demonstration conceptualised as “Ethanol Adoption – Flex Fuel Vehicles in India””
by : Mark Prakash
It’s no surprise that the world is evolving rapidly as each day passes and to keep up with the latest technologies and trends, we must continuously update ourselves to reap the benefits of the substantial growth & development which we notice on a daily basis. The Telematics industry is no different… as in order to ensure better connectivity, higher speeds and several other benefits, they are continuously upgrading the hardware & software. As the Telematics scenario in India sets its aim towards competing on a level playing field with the rest of the world, The push to transform from 2G to 4G spectrum is in a full flow and we are excited to be a part of this! Continue reading “The future of 4G Telematics in India & the iTriangle Solution”
New Delhi, 19th October 2022: Aligned with the Government of India’s vision to promote the usage of biofuels for transportation, the Society of Indian Automobile Manufacturers (SIAM) conducted an International Conference on ‘Biofuels – A Pathway towards Sustainable Future’, at Hotel Taj Palace, New Delhi. The Conference was organized as a part of year-round activities to promote ethanol. The program witnessed participation from automotive industry experts, government officials, academia, and other stakeholder associations including the ambassador and experts from Brazil.
Source : PTI
Delhi government has reportedly received over 2,000 complaints flagging old or abandoned vehicles parked in the capital city in just two days. Complaints started flowing in as soon as the government issued WhatsApp number dedicated for the purpose, as reported by PTI. The service has been opened up to allow RWAs and market associations to report old cars parked around the city.
Citizens, RWAs and market associations immediately started sending pictures and reporting parked old cars around Delhi. However, the transport department does need to verify the details of these vehicles to ascertain their age and if they are unfit to run in the capital city. The details of the vehicles will be verified through the registration database of the transport department. As per authorities, there are approximately 25 lakh old and unfit vehicles in the capital city currently. If an old vehicle is reported and verified to be of unfit age, they will be impounded and handed over to authorised scrapping centres. The WhatsApp helpline can be reached on +91 8376050050
Rise in Pollution…Depletion of the ozone layer and valuable resources getting exhausted are just a few of the symptoms of an extensive issue that has not only plagued the Environment but also jeopardized the future Generations from being able to use various resources for development and prosperity. The Automobile industry, one of the core sectors effecting our daily lives has recently been on the forefront of this battle to Combat this issue in their own way by introducing and promoting the use of Electric Vehicles to replace Petrol based vehicles to strive towards utilizing fuel alternatives. As the culture of Automobile Giants like Tesla, Tata and Hyundai introducing better and progressively efficient Electric Vehicles in the Market continues in this day & age, it has risen the need for Telematics in the EV industry for these Vehicles to provide competitive features to the end user so that a smarter choice can be made to invest in Electric vehicles and venture towards a cleaner ecosystem. Continue reading “The iTriangle mission to Create & Sustain a Connected, Secure, Safe and Efficient Ecosystem for the Electric Vehicle Industry through Telematics and Mobility”
India is adopting Technology, everywhere possible…and we’re here to Help!
It is heartening news that the AIS140 mandate from MoRTH that requires all public /passenger Transport Vehicles to be installed with vehicle location tracking devices, is being implemented by most of the states in India. The effective implementation goes a long way in ensuring safety, security, and compliance. An effective implementation that achieves the objective of MoRTH (Ministry of road transport & Highways) requires that the VLT devices must be active, in working condition and should send data to the enforcement agencies. Continue reading “iTriangle’s AIS 140 certified devices are now integrated with the Gujarat Pollution board’s tracking & Monitoring portal as per the mandate”
“Business opportunities are like buses, there’s always another one coming.” – Richard Branson. Success never comes easy, the ladder to reach the top of any industry requires an organization to undergo immense amount of planning and executing their plans diligently and efficiently. Several mistakes are made in the process of getting things right, but the organizations which reach the top, conquer the world of business with the philosophy of making mistakes but never repeating the same mistakes and not giving up. In this volatile and ever-growing corporate world, it is easy for an organization to get lost in the clutter due to lack of market research and inability to upgrade their offerings according to the requirements and expectations of the market to always require the latest products and services at the most affordable prices. In line with the rapid technological developments and advancements, the Telematics industry in the last decade has been at the crux of meteoric rise and evolution in its impact to the Automobile sector. Continue reading “The iTriangle approach to bring in Advanced Telematics Solutions to Commercial Segment Vehicles”
German luxury carmaker Mercedes-Benz on Monday named Santosh Iyer as the Managing Director & CEO of the Indian operations with effect from January 1, 2023.
Mr Iyer, 46, is currently working as Vice President, Sales & Marketing and would be the first Indian to lead Mercedes-Benz India operations. Continue reading “Santosh Iyer Appointed As Managing Director, CEO Of Mercedes-Benz India”
– With the increasing acceptance and demand for the new Volkswagen Virtus, the Brand has introduced the carline under its Omni-channel mobility solutions of
Subscription and Leasing models
– The Subscription and Power Lease ownership model on the Volkswagen Virtus enables customers to own the sedan with just one month’s security deposit and an advance rental Continue reading “Volkswagen expands its Omni-channel mobility solution to the all-new global sedan Virtus”
It is heartening news that the AIS140 mandate from MoRTH that requires all public /passenger Transport Vehicles to be installed with vehicle location tracking devices, is being implemented by most of the states in India. The effective implementation goes a long way in ensuring safety, security, and compliance. An effective implementation that achieves the objective of MoRTH (Ministry of road transport & Highways) requires that the VLT devices must be active, in working condition and should send data to the enforcement agencies. Continue reading “India is Changing for the better! Latest AIS 140 policy updates by the Punjab Govt. and the iTriangle Solution”
Every organization is built on the foundation of its founding members who not only form the backbone of the company but also act as the most important drivers of planning, executing and supporting the organization towards achieving great success. Without these corporate superheroes, the company would crumble due to a lack of direction and motivation of staying true to the mission, vision and goals of the firm. With over 17 years of experience in the field of embedded systems in which 15 years was solely dedicated towards building the finest quality in Telematics Devices of which more than 650,000 units have been delivered across India, Southeast Asia, the Middle East and North Africa…meet our Superhero and the technical Director of iTriangle Infotech Pvt Ltd who has driven our organization towards 500% growth since its inception, Mr. Kiran A R. Continue reading “Kiran A R – The Silent Tech Guru Behind the success of iTriangle”
H1-2022 registered highest ever half-yearly Battery Electric Vehicle sales of 20,440 units. June 2022 is the all-time best sales month with 4,451 units. Tata Motors command 92% Indian BEV market share. Tata Nexon EV is best selling product followed by Tata Tigor EV.
The rise & requirements of Telematics has spread its wings across a plethora of industries and market segments such as Transportation, Health care, Electric vehicle segment, Government Compliance and many more! The latest industry to have caught on the numerous benefits of incorporating Telematics into is the vehicle Insurance sector.
Vehicle owners will very soon be able to purchase tailormade Analytics-based insurance which will focus on individual’s driving behaviors and will follow a ‘pay as you drive’ policy which will revolutionize the Vehicle insurance sector and provide numerous benefits to the Vehicle owners as well as insurance companies to get a better understanding and an opportunity to get information much more effectively and efficiently. Continue reading “The rise of Insurance Based Telematics and the iTriangle Solution…”
Around 3,20,609 passenger cars were sold in the Indian market for June 2022. The sales increased over 25% when compared to June last year. Industry recorded its second highest monthly volume in June’22 for 2022! It also crossed 3 Lakh dispatch figure for the third month in this calendar year.
Tata Motors, on the occasion of the World Environment Day, signed an agreement with BluSmart Electric Mobility for delivering 10,000 XPRES T EVs to the company. This deployment of 10,000 units makes this the biggest ever EV fleet order in India. With deliveries starting soon, these vehicles are an addition to the 3,500 XPRES T EV order, which was signed by both the companies in October last year, and will be used across the country for commuters, in turn helping minimize the carbon footprint. Continue reading “Tata Motors signs an agreement with BluSmart Electric Mobility for 10,000 XPRES T EVs”
Mumbai, June 2nd 2022 – In a development that is expected to boost electric vehicle (EV) adoption and mobility in India, MG Motor India and Castrol India are set to collaborate with Jio-bp to explore mobility solutions for electric cars. Under the partnership, Jio-bp, MG Motor and Castrol will explore setting up four-wheeler EV charging infrastructure and expand Castrol’s existing auto service network to cater to EV Customers.
The partnership is in line with Jio-bp and MG Motor’s commitment to provide a vast and reliable charging infrastructure to electric car customers and accelerating EV adoption in India. Jio-bp is creating an ecosystem that will benefit all the stakeholders in the EV value chain and last year, the company constructed and launched two of India’s largest EV charging hubs. The JV’s electric mobility business, offering charging infrastructure to Indian consumers, operates under the brand Jio-bp pulse. With the Jio-bp pulse mobile app, customers can easily find charging stations nearby and seamlessly charge their EVs. Continue reading “Jio-bp, MG Motor and Castrol sign partnership to boost Electric Mobility in India”
Around 2,94,087 passenger cars were sold in the Indian market for May 2022. The sales increased 185% when compared to May last year. The spike is due to low base last year which was primarily impacted due to Covid-19 induced restrictions. However, the Industry remained flat when compared to April 2022 and is still grappling with semiconductor supplies.
Highlights –
CNG (11% mix) has emerged as an alternate choice of fuel to diesel (19%) in BS6 era due to low running cost
Diesel mix settled around sub 20% level due to lack of products with diesel engine
Electric mix reached to considerable 1% level
Continue reading “Passenger Vehicle Mass Market fuel mix analysis report – Q1 2022”
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!”
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”
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”
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.”
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.
