Laveen Gupta

🔋 JSW MG Motor Revives Battery-as-a-Service (BaaS) for EVs! JSW MG Motor has reintroduced the Battery-as-a-Service (BaaS) model for electric four-wheelers, lowering the upfront cost of EVs by 40-50% through battery leasing. ⚡🚗 Key benefits of BaaS: Lower initial investment for buyers Subscription-based or lease options for the battery 🔄 Battery swapping is available at select stations Significant savings on fuel expenses compared to traditional vehicles 💰 This concept has already succeeded in the two-wheeler (E2W) space and could boost adoption in the four-wheeler market! Source: The Print (https://lnkd.in/gSuy3UdP) #ElectricVehicles #Sustainability #Innovation #EVRevolution

3

As Automotive Expert and Knowing reasons for Ola Electric failurs reasons and being a Stakeholder of company I strongly recomnd Automotive Professionals to be heading the management as core team to handle the crisis. Bhavish Aggarwal can lead as Founder Chairman with supporting core team. Biggest learning for electric mobility startups is to read success stories of #Bajaj Chetak Scooters to Bajaj Motorcycles times and Closed Royal Enfield to Today's Royal Enfield. Both success stories driven by Single Leader called #RLR

10

JSW MG Motor India Pvt Ltd (J-MG), the joint venture between #JSW and China’s #SAICMotor marks the steel-to-power giant’s foray into the automotive industry with a focus on new-energy vehicles. The venture could be a win-win for both parties. Its success, however, hinges on some key factors. Challenges in the partnership and sharing of leadership, cultural differences, geopolitical shifts, and consumer preferences could make or break the new entity. Jessica Jani reports for The Core. Read: https://lnkd.in/diNr6MpQ

1

🚗 **Electric Car Market to Grow by 30% in 2024 – Insights from Rajeev Chaba of JSW MG Motor India** 🚗 Rajeev Chaba CEO Emeritus of JSW MG Motor India, shares optimistic projections for the electric vehicle (EV) market in 2024: ⏩ **Growth Expectations**: - The EV market is expected to grow by 30% in 2024. - New launches, including the Cloud EV, and rival products are anticipated to attract new buyers. - The market is set to surpass the 1 lakh units mark for the first time, potentially reaching 1.2 lakh units by year-end. ⏩ **Market Trends**: - Despite discussions on slowing EV adoption, the market has been achieving double-digit growth. - JSW MG Motor India has seen a robust 30% quarter-on-quarter growth. - In the first five months of 2024, 45,000 EVs were sold, marking a 17-18% growth. ⏩ **Company Performance**: - In the first six months of 2024, JSW MG Motor India sold approximately 26,000 cars, with EVs making up 40% of total sales. - The company's EV sales have already surpassed 10,000 units in 2024. - The Comet hatchback EV is nearing 1,000 units sold per month. - The premium ZS EV consistently sells over 750-800 units per quarter. ⏩ **Future Outlook**: - The upcoming Cloud EV, launching between September and October, is expected to significantly boost sales. - JSW MG Motor India aims for zero-emission vehicles to account for about 40% of its total sales. - With the Comet targeting the sub-Rs 10 lakh market and the ZS EV catering to the Rs 20-30 lakh segment, the new launch will address the Rs 10-20 lakh segment. Chaba concludes that with strategic product placements and continued market momentum, the electric vehicle sales are poised for sustained growth in the coming years. 🌱🔋 Rajeev Chaba JSW MG MOTOR INDIA JSW #ElectricVehicles #EVMarket #Growth #Innovation #JSWMGMotorIndia #SustainableFuture #AutomotiveIndustry #ElectricCarRevolution Source: https://lnkd.in/ghDZNkCN

5

In April 2024, electric vehicle (EV) sales in India showcased an overall decrease across different categories compared to March 2024. Electric two-wheelers (E2W) substantially decreased from 139,288 units in March to 65,057 units in April. Similarly, E-rickshaw sales experienced a decline from 37,352 to 31,796 units.

41

2 Comments

https://lnkd.in/geUDa4Tb The Board of Directors of Tata Motors Ltd has approved a Composite Scheme of Arrangement involving the demerger of its CV business undertaking and the merger of Tata Motors Passenger Vehicles (TMPV) with the existing listed company thereby resulting in two separate listed companies for the CV and PV businesses. Share entitlement ratio will be 1:1, i.e., the shareholders of Tata Motors Ltd will have an identical shareholding in both the listed entities. The scheme will further empower the respective businesses to pursue their differentiated strategies with greater agility and will enhance value for the shareholders.  The above transaction is subject to the necessary shareholders, creditors and regulatory approvals. Tata Motors #TataMotors #Demerger #CommercialVehicles #PassengerVehicles

1

🚗 Driving Digital Transformation with JSW MG Motor India Pvt Ltd. 🚗 JSW MG Motor India Pvt Ltd, a joint venture between India’s JSW Group and China’s SAIC Motor, is redefining automotive innovation under the iconic MG marque. With a state-of-the-art production facility in Halol, Gujarat, capable of manufacturing 80,000 units annually, the company has been on a journey of modernization since acquiring the plant from General Motors. In partnership with #SAPPreferredSuccess, JSW MG Motor has implemented a suite of #SAPCustomerExperience solutions—like SAP Sales Cloud, Service Cloud, and SAP Customer Data Platform—to transform every phase of its Cloud journey, from pre-sales to after-sales. These tools empower the company to deliver cutting-edge e-commerce experiences while keeping customers at the heart of its operations. 🎥 As Ms. Neha Mohabey shares: “SAP Preferred Success has been instrumental in ensuring smooth deployments and maximizing system value.” Together with #SAP, JSW MG Motor is building a future-ready platform, ensuring innovation and excellence for years to come. 👉 Watch the full story: sap.to/61100S4Jgs #DigitalTransformation #AutomotiveInnovation #SAPCustomerExperience #SuccessStory #CustomerFirst #SAPSalesCloud #SAPServiceCloud #SAPCommerceCloud

32

1 Comment

Projections indicate that road frieght movement will grow from 2.2 trillion tons km to 9.6 trillion tons km in 2050. So, important is to set an ecosystem that is sustainable for the logistic industry. #Logistics#transportation #sustainability #tyres #fleets #retreading #environment #commercial vehicles #CPKM

73

9 Comments

TVS Motor Company Chairman Emeritus, Venu Srinivasan, stressed the need for India to carve out a "unique Indian way of progress" to become a global leader in high-quality services and products. Speaking at a symposium organized by the Indian Foundation for Quality Management (IFQM), where he serves as Chairman, Srinivasan cautioned against following traditional growth models of countries like Germany, the US, Japan, Korea, and China, urging India to instead chart its own course. He highlighted India’s historical prominence in global trade and stressed the importance of leadership transformation to propel India forward. Srinivasan noted the vast opportunities across sectors like manufacturing, IT, aviation, and healthcare as India works towards becoming a developed nation by 2047. #IndiaLeadership #VenuSrinivasan #IFQM #GlobalEconomy #IndianGrowth #Innovation #QualityLeadership #MadeInIndia #Bharat2047

5

Working in #EV sector seems really terrible now with most companies. #OlaElectric is set to let go of nearly 500 employees across teams as part of a #restructuring exercise to improve #margins and #profitability prospects as per Mint news. https://lnkd.in/g7ch8YDW #business #EV #restructuring #layoff

13

2 Comments

🚗 MG Motor India Charges Ahead: August 2024 Sales Report 📊 MG Motor India has shifted into high gear, reporting total sales of 4,571 units in August 2024. This represents a robust 9% year-on-year growth and steady performance compared to July 2024. Model-wise breakdown: Hector: 1,814 units Comet EV: 1,100 units Astor: 937 units ZS EV: 484 units Gloster: 236 units Key insights: • Electric and hybrid vehicles (NEVs) account for 35% of total sales • Comet EV sales have surged from 400 to over 900 units monthly • Consistent performance maintains July's sales levels MG's President & MD says: "Our strong sales performance reflects growing customer interest in our diverse range, especially our NEV offerings." What's your prediction for MG's performance in the upcoming festive season? 🎉 #MGMotorIndia #AutoSales #ElectricVehicles #MGHector #MGCometEV

Designed specifically for commercial vehicle engines, All Fleet Pro offers up to 20 per cent additional engine protection, ensuring superior durability and performance, even in the harshest conditions. Speaking at the launch, Sandeep Kalia, Managing Director and CEO of Valvoline Cummins Pvt Ltd India, said: "We're thrilled to introduce All Fleet Pro to the Indian market—a product designed to deliver robust engine protection, even in the most demanding conditions. This launch reaffirms our commitment to innovation and our support for India's vital commercial vehicle sector, which is integral to the nation's economic progress." Read more: https://lnkd.in/dK_xmKqM #Valvoline #DieselEngineOil #AllFleetPro #CK4Technology #EngineProtection #CommercialVehicles #FleetEfficiency #EmissionNorms #InnovationInMotion

18

1 Comment

📌🏆 India's ADV off-road motorcycle segment is getting crowded as more players enter to establish market share. 💰 A nascent segment is set to offer expansive growth opportunities for OEMs & the aftermarket ❗ 📈 Highly cost sensitive consumer market finds the sub 500cc segment the most attractive striking the right balance between acquisition cost and ownership cost. 👉 Recent developments👈 1️⃣ Kawasaki is spotted testing its KLX230. 2️⃣ KTM is spotted testing its all new Enduro model along with an ADV motorcycle based on the new 390 platform. 3️⃣ Bajaj is speculated testing its first sub 250cc ADV motorcycle. 4️⃣ Patent images hint TVS working on off-road focused version of its Ronin motorcycle. 5️⃣ Honda patents CB350 based ADV motorcycle. 6️⃣ Honda recently entered the 750 to 1000cc ADV segment with its XL750 Transalp. 7️⃣ Hero Moto Corp is spotted testing a larger capacity version of its successful ADV motorcycle the Xpulse 200. 8️⃣ More existing OEMs are offering riding schools and group tours for their ADV motorcycle customers. 9️⃣The number of dirt riding schools are increasing year on year. 🔟High smartphone penetration and social media impact are key segment drivers. #adventure #motorcycle #ADV #travel #trip #vacation #riding #bike #businessmodel #sales #growth #india #europe #america #trending #marketing

6

2 Comments

Indian Light Duty Electric Truck Forecast 2030 https://lnkd.in/dK5GEDRh Indian Light Duty Electric Truck Forecast 2030 is expected to register a 42 percent CAGR between FY 2025 and FY 2030. ACG released the Truck applications-wise Indian Electric Truck Market Forecast 2030. The mini and pickup truck segments are growing with high growth potential in the electric truck segment. Two different forecast scenarios have been created based on various factors. The forecast database is based on Mini, Pickup, and Light Duty Trucks. The different applications are also further classified in each segment. The key Economy, Policy impact, indicators, Customer sentiments, Product feasibility, and Truck market dynamics have been considered to create the Indian LDT E-Truck Forecast 2030. The exclusive feature of the forecast is that it is based mainly on the Truck's application. We have considered more than 35 Applications. These applications are in demand and provide an attractive payback period. ACG is the only Consulting firm that provides an application-wise Truck Database for both ICE and Electric Trucks. The Model and OEMs Forecast is also available on request. Along with the truck’s Key application, other significant factors are considered, such as GVW, Payload, Battery size, Battery price, loading pattern, Charging options, and other technical specs. How this database can beneficial for various stakeholders: Electric Truck Product Planning and Product Strategy Sales Planning and Strategy of Electric Mini, Pickup and Light Duty Truck E Truck Production planning Marketing Campaign Find Customer segment for your product Electric Truck Product-Market fit Analysis Electric Truck Development Define Electric Truck Technical Specs, and Features #electricvehicle #electrictruck #bev #truck #forecast #india #venturecapital #automotiveindustry #data

4

2 Comments