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Tesla plans to enter India this year or next

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...

Nandan Nilekani on Self-drive cars and e-vehicles future in India

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

FAME II criticised for leaving out private electric cars from subsidy

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...

Chinese automaker SAIC may invest $350m in India through its subsidiary MG Motors

China’s largest automaker SAIC Motor Corporation, which is set to enter the Indian market next quarter with the Morris Garages brand, is considering an additional investment of $350 million in setting up a 2nd manufacturing unit. MG Motor has acquired General Motor’s plant in Halol at an investment of Rs.2200 cr to develop C-segment sports utility vehicle(SUV) for its debut in India and plans to launch 4 vehicles over next 2 years. The Halol plant has a capacity to produce 80,000 vehicles of larger make and for subsequent launches it needs additional manufacturing unit. The company would launch SUV Hector, which will take on the likes of Jeep Compass and Hyundai Tuscon. This will be followed by EV model eZS towards the end of 2019 and by 2020 further 2 more new models would be launched. The company has appointed about 50 dealer principals and plans to start operations with 100 sales and service touch points across India. #autojobs4u #SAIC #MGMotors #India #Automobileindustry #Au...

Piaggio to launch fully electric 3-wheeler in India by mid-2019

Piaggio Vehicles, which is a 100 per cent owned subsidiary of Italy's Piaggio Group aims to launch a fully electric 3-wheeler in India by the middle of this year. The3-wheeler will be developed in house with some components coming from outside suppliers like the company will be importing lithium-ion battery cells but other components like engine and battery management system would be fully localised. Along with the aim of driving electric mobility the company is also ready with a fuel application mechanism for its product portfolio for transition to BSVI norms. The company has already introduced a water-cooled CNGPG application in mid of last year in all its 3-wheelers offering it advantage for preparedness towards BS VI homologation. #autojobs4u #piaggio #Electricvehicle #Automobileindustry #Automotiveupdates #India

Indian EV shift needs rapid infrastructure push

The electric mobility is gaining traction and for India it opens up new mobility avenues to tap into. It is predicted that by 2030, EVs will constitute a third of all new automobile sales but for this to happen the country need to strengthen its EV charging infrastructure in order to integrate and boost the domestic electric mobility ecosystem. Currently, EVs represent a magnitude of growth never seen before and India is all set to position itself as a leader of the EV marketplace. The current outlook in energy and mobility sectors has recently seen the evolution of several trends that will come to define the direction of their growth for the foreseeable future. There is big scope for charging stations using renewable source of energy. EVs still suffer from a lack of charging points at adequate and strategic locations, thus hampering the potential for its widespread utilization and are the 2nd biggest reason after price for not buying EVs. India needs the transition from a centra...

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...

Volvo plans to lead EV push in India

Ahead of its German rivals, Volvo plans to bring its electrified vehicle portfolio in India luxury car market to take a lead in EV segment. It has already finished plans to locally assemble plug-in hybrid vehicles and is now considering local assembly of electric vehicles in India. The company is would be launching its first plug-in hybrid vehicle assembled locally in India later this year and plans to build a portfolio of half- a-dozen plug-in hybrids and battery-operated electric vehicles in India by 2021 The move has been aided by the GOI decision last month to reduce customs duty on import of components for electric vehicles from a range of 15-30% to 10-15%. In 2018, Volvo had set up a facility near Bengaluru to assemble its vehicles locally in order to compete aggressively in the highly competitive 40,000-unit luxury car market. This move of Local assembly has already helped Volvo, whose three locally assembled models account for 50% of their sales. #autojobs4u #automobilej...

Electric Vehicles share to be 15% of total vehicles in India in next 5 years

The PMO (Prime Minister’s Office) has approved at least 12 measures proposed by a committee of secretaries to help achieve 15% share of EVs in total vehicle sales in next 5 years. However the govt has not formulated a separate comprehensive policy on electric mobility as was being discussed earlier. The objectives of these clearances is to hasten rollout of respective decisions by ministries to provide incentives to manufacturers, buyers as well as electric mobility infrastructure creators. In this regard on 29th Jan-19 the department of revenue had calibrated basic custom duty and GST rates on EVs to make them competitive in domestic and global markets, as well as lowered duties on raw material imported for manufacturing components. The power ministry has issued guidelines for facilitating setting up of charging stations across cities and highways, while the housing and urban affairs ministry has notified an amendment to building code and town planning rules for provisioning of EV ch...

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. #autojobs4u #automotivejobs #RenaultIndia

Luxury cars to lead EV push in India

Govt. of India has initiated a new rule that allows each car manufacturer to import 2,500 vehicles a year without the need for homologation. Automakers spend Rs 2-4 crore to launch a model in the Indian market after local certification. As per the new rule, certification of the vehicles done at their country of origin would be enough to sell here resulting in potential saving of up to Rs. 100 cr and cutting down the waiting period of new launch by few months. By 2020 , many models from global players would hit the India road. Major players launching zero-emission, pure electric cars and SUVs are Porsche Taycan, Mercedes-Benz EQC, BMW ‘I’ brand, Audi E Tron, Jaguar IPace and the Nissan Leaf. Also in the queue are a dozen hybrid vehicles, which have a 25-50% lower carbon footprint compared with conventional vehicles. Globally, Mercedes-Benz will be introducing more than 10 battery-powered vehicles in the next 3 to 4 years, whereas rival Audi has committed to bring in a dozen EV...

EV manufacturers expectations from Union Budget 2019

Reduce GST on batteries from 18% to 12%. GST on all services related to charging (slow charging, fast charging, battery swapping) to be kept at 5 per cent, Rolling out of a time bound FAME II as it outlines everything from manufacturing to charging infrastructure to R&D to incentives. Society of Manufacturers of Electric Vehicles (SMEV) has demanded allocation of Rs 20,000 crore in the next two years for promoting EVs Impose a "notional green cess" on conventional vehicles Reduction in import duties on lithium ion cells, motors and motor controllers. To encourage Make in India, it has recommended an increase in import duty for fully assembled batteries, since there are local options available in India #autojobs4u #automotivejobs #GST #SMEV #India