Renault India's MD Sumit Sawhney to move global role

As per reliable sources, starting 1st March, Sumit Sawhney the current Renault’s India MD would be heading global operations for the French carmaker. Sawhney has been the longest serving MD of a leading MNC in India and has completed his 6 years as head of Indian operations during which he made Renault’s the highest selling European brand in India led by the success of Kwid. He played a key role in making Kwid a success, paving way for the company to make a comeback amidst tough challenge from the Maruti and Hyundai in compact car segment. Venkatram Mamillapalle, heading purchase function in Russia for the Avtovaz-Renault Nissan Mitsubishi Alliance would be taking over from Sawhney.

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EVI Technologies plans to set up 20,000 charging stations across India

The Electric vehicle charging infrastructure provider EVI Technologies plans to invest around Rs 100 crore in the next 1.5 years to set up 20,000 charging stations (both home and public) across India. EVI Technologies was incubated at the Electropreneur Park funded by the Ministry of Electronics & Information Technology, has also tied up with BSES Rajdhani Power Ltd to set up around 3,000 EV charging stations in Delhi. EVI Technologies started its operations in Jun-2017 and offers its charging stations on lease for private users. It has presence in 16 different locations in 10 Indian states. It has got orders of 50 charging stations from EESL in Dec-2017 which is being currently installed in complexes of several ministries. While EVI will invest to set up those stations that will be leased out, BSES will provide charging connections with tariff set at Rs 5 per unit for stations in the Capital. #autojobs4u #ElectricVehicles #Technologies #ChargingStations #India #automotiveupd...

LCV to benefit greatly from Indian middle class growth

Globally, LCVs account for 75% of commercial vehicles sales but in India, it is only 62%. Indian middle class which is growing at a healthy pace will bolster growth in the commercial vehicles space in India going forward and the biggest beneficiary will be the light commercial vehicles (LCV) segment The increase in urbanisation and consumption will lead to shifts in market segments and LCV will play a crucial role in last mile connectivity. Industry experts feel that there are 3 big challenges the industry needs to overcome to realise this sales potential which are lack of availability of finance due to liquidity crunch at NBFC, the upcoming BS-VI emission norms and a lack of drivers. With the introduction of BSVI, the cost hike will be much higher than the prediction of 5%-7%. The electric and autonomous vehicles are inevitable in future and the keys to growth will be reducing time taken to bring new models to the market, making vehicle platforms more flexible and dynamic, and st...

Microdots technology to make car almost theft proof

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