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...

Tesla have chief  officer tweeted that he would love to be in India this year or max by next year. Same Musk 10 months back had blamed restrictive policy of India for delaying carmaker’s entry into world’s 4th largest automobile market. The Narendra Modi-led government has been wooing Tesla to set up a factory but Musk has held back citing challenging government regulations as hurdles and in the past had sought temporary waiver on import penalties and other restrictions until a local facility is built. After 4 years planning Tesla started its first car manufacturing unit outside US in China at a cost of $5 billion. India has a paltry 6,000 passenger EV on its roads, compared with China’s 1.35 million. Though India is a promising market for EV maker but it lags behind China and is plagued by minimal government support for cleaner technology and paucity of charging stations. To read more articles about TESLA visit:  https://www.a...

To counter car thefts, Indian govt has decided to adopt microdots technology which is widely used in several counties including South Africa and the US. The vehicles stolen go untraced since auto-lifters take out the engines & other valuable parts before destroying the vehicles. Microdots is a technology in which thousands of micro dots are sprayed over the body of vehicle. These small laser-etched dots contain nano-size (0.5 mm) particles that carry information like unique number and vehicle identification number. These dots can be seen by using UV light and since the dots are sprayed throughout the vehicle body, it becomes easy to trace the vehicle as even a small part of the dismantled car can be used to trace the stolen vehicle. The government plans to roll out the technology as an optional system initially and the price of this feature is likely to be around Rs 1,000. The car, truck or bus would require at least 10,000 microdots, while at least 5,000 such dots would be neede...

With the intention of promoting domestic manufacturing of EVs, Indian Government has notified phased increase in basic customs duty on parts of electric passenger vehicles to be assembled in India to 15% from Apr-20 and 10% on imported lithium-ion cells by Apr-21 As per the road map under the phased manufacturing programme (PMP), it plans to double the basic customs duty on CBU (completely built units) of electric buses and trucks to 50% effective Apr-20. Basic customs duty on parts used in manufacturing electric vehicles (EVs) like AC or DC charge(r, motor and motor controller; power control unit, among others, will also be increased to 15% from NIL at present starting from Apr-21, as the Centre eyes to promote mass adoption of EVs through schemes like FAME II to be rolled out from April. Effective Apr-21, the basic import duty on battery packs used in manufacturing electric vehicles will also be increased to 15% from the current 5% and would be doubled to 10% on lithium ion cel...

The Infosys co-founder believes that India needs disruption right now to tackle smoggy skies, snarling traffic jams and rising population which has become hallmark of every metro city in the country. As per him the problems have become too big and the “chalta hai” attitude would not work anymore. The current technology advancements do not offer a solution to the struggles of navigating India’s urban maze and it is high time for marriage of tech-driven transit solutions like self-drive cars, electric vehicles and public transport with ride share to provide the solution. Given its population density, mass transit systems are the need of the hour in India and car-pooling must be encourage to eliminate personal automobile ownership. To read more about future electric vehicles click on: https://www.autojobs4u.com/autojobs4ublog/articles/Electric-Vehicle-Segment-to-generate-10-million-jobs.php #autojobs4u #Self-drivecars #EV #India #Automobileindustry #Automotiveupdates

Tesla Inc has signed an agreement with lenders in China for a 12-month facility of up to 3.5 billion yuan ($521 million) for the electric carmaker's Gigafactory in Shanghai. The facility is expected to be completed by May and would cost around $2 billion to Tesla. With the on-going US-China trade war Tesla was forced to adjust prices of its US made cars in China and now with this agreement it would be able to reduce the trade war impact by producing cars locally. It would also help Tesla to fend off price competition from a swathe of Chinese EVs start-ups such as Nio Inc, Byton and XPeng Motors. To read more :automobile engineering jobs: automobile jobs in hyderabad #autojobs4u #Tesla #china #automobilejobs #automotiveupdates #automobileindustry

Tesla is updating its charging network to halve typical wait times by doubling power at Tesla’s stations and preheating vehicle batteries ahead of arriving at a plug which would lead charging time to drop to around 15 minutes Its V3 Supercharger network capable of such a feat would be rollout by end of 2019r and would allow twice as many cars each day to charge. The debut of this latest technology has happened in North America and would soon reach Europe and the Asia-Pacific region by 4th Qtr. This new network would deliver 250KW, up from 120KW, as more fast-charging infrastructure is built. The EV space is becoming hotter by the day and Ionity GmbH, a consortium of Volkswagen AG, Mercedes Benz-maker Daimler AG, Ford Motor Co. and BMW AG, are planning to have 400 station across Europe’s major highways with 350 kw capacity by the middle of 2020. Read more here : automobile jobs in hyderabad, jobs in automobile sector, mechanical job vacancies in hyderabad, #autojobs4u #Electricveh...

US-based ERP (Enterprise Resource Planning) software company QAD is planning to tap into India’s auto components industry which has registered a CAGR (compounded annual growth rate) of 10% in the last 5 years. Globally, QAD provides their services to auto parts suppliers like Cummins, Autoliv, Dura but in India, the company has so far been catering to the local businesses of its global clients. Now QAD is targeting the top 200 Indian auto component makers to expand its cloud-based solutions business. To further its interest, QAD has entered into an agreement with IT services companies Tata Consultancy Services and Thirdware to implement its solutions for Indian customers. QAD has recently modified its ERP software and will be using India as a base for localising its solutions for the needs of not only the Indian market but would also cater to multiple other countries. #autojobs4u #ERPCompany #US #Indianautoparts #automobileindustry #automotiveupdates

Major CV makers like Tata Motors, Ashok Leyland, Mahindra & Mahindra, and Eicher branded trucks & buses reported either negative or marginal growth in their CV sales in Feb-19. Tata Motors (M&HCV) volumes declined sharply by 18 per cent year-on year (Y-o-Y) in February, while Ashok Leyland sales in the same segment contracted by 4 per cent. Eicher Motors and M&M M&HCV sales also fell by 7.8 per cent and 17 per cent respectively in the same month. The axle norms introduced in Aug-18, has increased the freight carrying capacity of M&HCV by 20%, thereby almost putting a halt on new truck buying. Goods carrying HCV sales remained subdued over a high base of Feb-18 (created due to a stricter implementation of overloading ban in north India last fiscal). The major factors contributing to this slide other than revised axel norms are factors like higher interest rates, slow economic activities, liquidity issue and high base effect. #autojobs4u #HCV #MCV #volumedro...

Chinese automaker SAIC subsidiary MG Motor India has expressed surprise at leaving out of private 4-wheeler electric vehicles (EVs) for support under the FAME II scheme. Under the Rs.10,000-crore FAME II (Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles) scheme announced last week, subsidies will be given to only to 3-wheelers and 4-wheelers used for public transport or registered for commercial purposes. In the two-wheeler segment, the focus will be on private vehicles. The Union Cabinet last week approved the FAME II scheme through which the government plans to support 10 lakh electric two-wheelers, 5 lakh 3-wheelers, 55,000 4-wheelers and 7,000 buses. MG Motor India is gearing up to launch its first pure electric vehicle - the MG eZS in the 4th quarter of this year to kick start it green mobility solution drive, stimulating deep R&D technological expertise and investments in development of various EVs components. As per company exclusion of private elec...

Mahindra & Mahindra (M&M) which currently sells e2oPlus and eVerito EVs is planning to accelerate launch of electric vehicles (EVs) in the wake of government clearing a Rs 10,000-crore programme under the FAME-II scheme. M&M has earmarked a total outlay of Rs.900 cr for EV vertical. The company has set up an electric technology manufacturing hub in Bengaluru with an investment of Rs.100 cr and Rs.350 cr for new R&D centre in Bengaluru. It is also expanding its Chakan (Pune) plant at an investment of Rs.450 cr to enhance its EV portfolio. The company would look at localising the motor which goes into EVs, the power electronics and the battery. FAME II will be implemented over a period of 3 years w.e.f. 1st Apr-19. The main objective of the FAME II scheme is to promote and encourage faster adoption of electric and hybrid vehicles by way of offering upfront incentive on purchase of EVs and also by way of creating necessary charging infrastructure for EV. #autojobs4u ...

The slowdown in JLR (Jaguar and Land Rover) most important market ie China has badly hit sales of JLR auto brands. Since Tata took over JLR from Ford in 2008, its journey has been good with it Range Rover Evoque becoming a runaway hit and accounting for major part of Tata Motors earning in 1st half of decade. Now the China’s slowdown has hit sales of JLR and also UK decision to vote to break away from EU has further impacted its sales. Quality problems have also been a major reason for JLR falling sales. As per a J.D. Power survey of 31 brands in June 2018, Jaguar and Land Rover is at the bottom two slots. Jaguar had 148 problems per 100 vehicles and Land Rover racked up a dizzying 160. Shipments have collapsed in China, plunging 35 % in the 9 months to Dec. 31. The company is eliminating 4,500 jobs, or about 10 % of its global workforce and plans to write down its JLR investment by $3.9 billion. Tata Motors, posted a record loss of 270 billion rupees ($3.8 billion) in the Dec qua...

Mahindra & Mahindra is all set to start M-Plus, a free, nation-wide mega service camp for customers of its entire range of personal vehicles. M-Plus will be organized in more than 600 Mahindra authorized workshops across major cities in India from 4th Mar to 12th Mar 2019. The Mahindra customers can avail of an exhaustive 75-point check on their vehicle, completely free of cost, through trained technicians. They will also have the opportunity to avail of discounts on spare parts, labour, Maxicare and also win exciting gifts at the participating workshops. To avail various offers, Mahindra owners can drive down to their nearest authorized workshops during the period of the M-Plus Mega camp or register their appointments on Mahindra’s “With You Hamesha” 24x7 toll free help line (1800-209-6006) or on the With You Hamesha App / Website. #autojobs4u #Mahindra #Nationwide #Servicecamp #Automobileindustry #Automotiveupdates