Ratul De’s Post

Exciting news from Musashi Auto Parts India Pvt. Ltd.! The company has recently launched mass production of e-Axles for two-wheeled electric vehicles at its Bangalore plant. This move aligns perfectly with the Indian government's ambitious goal of converting 80% of two-wheelers to electric by 2030. The e-Axle, which comprises a gearbox and a motor, offers high value-added features like quality assurance, compactness, lightness, and quiet operation. This product is set to play a crucial role in the development, manufacturing, and marketing of high-performance drive units for EVs. As the parent company, Musashi Seimitsu Industry Co., Ltd., continues to expand its global footprint and meet the growing demand for EV components, this initiative holds significant implications for the industry. It not only supports India's shift towards carbon neutrality but also paves the way for the widespread adoption of two and three-wheel EVs on a global scale. I believe this milestone underscores the increasing importance of EV charging infrastructure and sustainable transportation solutions. It's an exciting time for the industry as we witness innovative advancements and a growing commitment to environmental sustainability. Let's continue the conversation! What are your thoughts on this development, and how do you see it shaping the future of EVs? Share your insights and join the discussion on the future of EV charging and mobility. #EVcharging #SustainableTransportation #ElectricVehicles #IndustryInnovation #JoinTheConversation

Shaping Perceptions in the Indian Automobile Industry India's automotive market is complex, where brands and customers influence each other's choices. In this landscape, the fate of vehicles, crafted with significant R&D investment, is determined by various factors, posing challenges to companies in achieving desired outcomes. The ICE (Internal Combustion Engine) category, comprising Petrol, Diesel, and CNG, reflects this complexity. CNG, often viewed as a cost-effective option due to its good mileage and affordable refills, has traditionally been associated with base or mid-spec variants. However, CNG models may sacrifice boot space, impacting their suitability for long journeys and leading customers to perceive them as city cars or cheaper alternatives. Maruti Suzuki India Limited successfully introduced CNG models to the mass market, appealing to middle-class Indians seeking fuel efficiency, affordability, and low maintenance costs. Recognizing the evolving needs of customers, Tata Motors identified an opportunity to offer safety-focused CNG models in top-spec versions, addressing a gap in the market. Innovations like dual-tank CNG systems and AMT Automatic gearboxes have propelled Tata Motors to the top of sales charts, enhancing customer choice and convenience. With an eye on the future, Tata Motors is poised to launch a groundbreaking dual tank CNG-powered version of its Nexon SUV in the coming month, equipped with a Turbo engine – a first in its class. This move is expected to further elevate sales and redefine brand perception. In conclusion, success in the automotive industry requires a holistic approach to perception management. Companies must prioritize customer value and ensure that owning their products is a rewarding experience. https://lnkd.in/g-RfztpP #AutomotiveIndustry #BrandPerception #Innovation #CustomerValue #TataMotors #MarutiSuzuki #NexonSUV #CNG Mahindra Group, Hyundai Motor India Ltd., Kia India, Morris Garages India,

⚡SEG Automotive🛵🚗 the pioneer in motor manufacturing, setting up 400V HV motor line in Hosur, India⚡ 🌟 SEG Automotive, renowned globally as a pioneer in motor manufacturing, is poised to redefine the landscape of the Indian electric vehicle (EV) market. With the unveiling of its cutting-edge 400V high-voltage (HV) motor line in Hosur, Karnataka, SEG Automotive is set to spearhead a new era of innovation and localization in the realm of electric mobility within India. 🛵 The Indian market has witnessed a remarkable surge in the adoption of light electric mobility, particularly in the segment of e-two- and three-wheelers. This surge underscores a growing demand for localized components that can meet the specific needs of Indian consumers while aligning with the country's evolving regulatory framework and infrastructure. 🔧 SEG Automotive's commitment to meeting this demand is evident in its impressive track record of localization. With over 90% localization achieved(excluding PCB & magnets) in its 48V motor for two-wheelers, SEG Automotive has demonstrated its dedication to tailoring its products to the unique requirements of the Indian market. This localization not only enhances the affordability and accessibility of EVs but also strengthens India's position as a hub for electric mobility innovation. 🌱 Building on its success in Europe, where it is the largest producer of mild-hybrid e-drives, SEG Automotive plans to introduce this advanced technology to India alongside the launch of its 400V motor line in Hosur. This move not only underscores SEG Automotive's commitment to technological excellence but also highlights its confidence in the potential of the Indian market to embrace cutting-edge EV solutions. 🛑 Despite these strides, challenges remain on the horizon. Cheaper imports from China continue to pose a significant barrier to the market penetration of locally manufactured components. Furthermore, there exists a gap in awareness regarding functional safety and cybersecurity standards for EV components, particularly when compared to Western markets. 🔍 Recognizing the importance of addressing these challenges, SEG Automotive emphasizes the significance of rigorous systems engineering and safety management practices. By prioritizing quality, reliability, and safety, SEG Automotive aims to not only compete in the Indian market but also to set new benchmarks for excellence in electric mobility. #SEGAutomotive #electricvehicles #EVRevolution #InnovationInIndia #SustainableMobility #sustainability 🚗🔋 EV Mechanica SEG Automotive Ferdinando Sorrentino anil kumar Natarajan S Raghavendra L Tobias A. Nowak Sudhir Chakravarthy source: https://lnkd.in/e4vJJ8m8

EXCLUSIVE: It’s now a high-stakes battle on the issue of electrics versus hybrids in India, and the gloves are off. Homegrown Tata Motors and Mahindra & Mahindra have taken on the might of Japanese makers Maruti Suzuki, Toyota Motor Corporation and Honda head-on. While the Japanese have been lobbying hard for incentives for hybrids on the lines of what is extended to electrics, the Indian companies argue that govt should only provide benefits for zero-emission technologies and not the intermediate ones. “You can’t confuse the country. From a tech perspective, incentivising hybrids is a regression for the country and makes us globally uncompetitive… Do you want the country to go slow on zero emissions tech? Is that the direction you want to set?” Tata Motors MD for passenger cars and EVs Shailesh Chandra tells me in an interview when asked about demands being made for incentives to hybrids. #tata #mahindra Mahindra and Mahindra Limited [Automotive and Farm Equipment Business] Rajesh Jejurikar Maruti Suzuki India Limited #maruti #toyota #electrics #EVs #hybrids https://lnkd.in/g8YVd99H

In an interview with surajeet das gupta, Maruti Suzuki India Limited Chairman R C Bhargava discusses the competition between electric and alternative technologies to reduce carbon emissions, following the Ministry of Heavy Industries' task force on EVs and Uttar Pradesh's registration fee exemption for hybrid cars. Read the interview here https://mybs.in/2dXMke3

"Hyundai has joined local car companies — Tata Motors and Mahindra — in raising objections to any duty relaxations for hybrid vehicles, saying such a measure has the potential to disturb sales of petrol and diesel vehicles. The demand for lower duty on hybrids is being raised by top Japanese companies such as Maruti Suzuki, Toyota and Honda, which argue that the technology helps reduce emissions while boosting fuel efficiency. In the documents filed with Sebi for its maiden IPO, Hyundai said, “… with the objective to address climate issues, govt of India proposes to reduce GST on hybrid passenger vehicles to 5% and 12% on flex engines, while the GST on diesel and petrol vehicles is proposed to remain at 28%... In the event such amendment becomes effective, it could have an adverse impact on the sales volumes of our diesel and petrol vehicles which could affect our margins, business, and results of operations.” Tata Motors and Mahindra have already been opposing any special benefits for hybrids. The two companies have said only electrics should get the special 5% GST rate, emphasising that only “zero emission vehicles” should get benefits and not those that offer only “fuel efficiency improvement technologies”." Jatin , your wait might stretch longer. https://lnkd.in/g-FEpDS4

India’s road transport minister, Mr. Nitin Gadkari, addressed the gathering at the 64th ACMA India session yesterday. He stated that automakers must incorporate #electricvehicle models into their line-ups to stay competitive. Mr. Gadkari warned that companies focusing solely on fossil fuel vehicles risk losing market share. The minister highlighted the growing consumer demand for cost-effective, less polluting, and technologically advanced vehicles. He also mentioned that price parity between #EVs and #ICE vehicles is expected within two years, making EVs more appealing. Tata Motors currently leads the #Indian EV market, while Maruti Suzuki India Limited and Mahindra & Mahindra are focusing on #hybrids. Mr. Gadkari believes that as more manufacturers enter the #EV market and #battery prices drop, EVs will become more affordable and widespread. #EVnews #linkedin #EVadoption #sustainability

"We are planning to commence electric vehicle production at Sanand with Nexon EVs from April" - Shailesh Chandra, MD of Tata Motors Passenger Vehicles Here is everything you need to know about Tata's recently acquired Sanand plant and why its key to the companies EV strategy. 🏭Tata acquired the land, factory, equipment, and workforce from Ford India in Jan 2023 for 725.5 Cr ($87M USD). Tata was able to retool the plant in just 12 short months before beginning production there. The plant has four main areas – Stamping, Body shop, Paint, and Final assembly. It is Tata's second plant in Sanand. 🚘 The plant currently has manufacturing capacity for 300,000 units annually, with plans to scale up to an impressive 420,000 units per annum. The plant will produce both internal combustion engine vehicle and EVs. Takeaway: India’s light vehicle market grew by 9.8% in H1 2023 to 2.0 million units, up from 1.8 million in H1 2022. Electric vehicles accounted for 2.4% of the Indian market share and the market grew by a phenomenal 137% YoY with 48,000 EVs sold. #Tata sold more than 34,000 electric vehicles in H1 2023 accounting for 70% market share in the EV sector. The companies investment in increased EV capacity at Sanand is a clear commitment keep pace with the Indian EV industries meteoric growth. Tata has also earmarked $2B USD to help it bring 10 new EV models to market by 2026. #EV #India #manufacturing #PLI Source: https://lnkd.in/ezRiWpvb

A move by India's Uttar Pradesh state to waive some levies on some hybrid cars will make them 10% cheaper, delivering Japan's Toyota Motor Corporation and Maruti Suzuki India Limited a big win in lobbying efforts and raising expectations that other states could follow suit. India's most populous state accounts for 10% of India's total car sales. Indian Prime Minister Narendra Modi's government has focused its green mobility push on electric vehicles, offering companies millions of dollars in incentives to build such cars, while giving no concessions for hybrids. Toyota, the world's biggest carmaker, has long lobbied Modi's government to cut taxes on hybrids, which it argues pollute less than petrol cars but receive scant policy support. These lobbying efforts have been opposed by domestic players like Tata Motors and Mahindra Group that have placed large bets and investments on EVs. #India #UP #UttarPradesh #automotive #policy #government #cleanmobility #EVs #electricvehicles #hybrids #pluginhybrids #business #strategy

🔋 Hybrid vs. Electric Vehicles in India 🚗 India's automotive landscape is being shaped by government policies. Currently, a 28% GST applies to cars, with hybrid cars like those from Maruti Suzuki also facing a compensation cess. In contrast, electric vehicles (EVs) enjoy a lower 5% GST, giving an edge to manufacturers like Tata Motors, MG Motor, and Mahindra. Hybrid cars, which combine an internal combustion engine with an electric motor, offer a balance of conventional fuel efficiency and electric power. Despite their potential, they only make up about 2% of monthly car sales, similar to EVs. However, Maruti Suzuki's focus on hybrids is challenged by the tax advantage given to EVs. Considering the current technology and infrastructure, hybrid cars offer a practical solution, avoiding the range anxiety and maintenance issues of EVs. I believe hybrids are a better option today, balancing eco-friendliness with usability. What do you think about the future of hybrid and electric vehicles in India? Share your thoughts below! 👇 #AutomotiveIndustry #HybridCars #ElectricVehicles #SustainableMobility #MarutiSuzuki #Toyota