KaroStartup’s Post

M&M CEO Throws Down the Gauntlet: "Match Us, But at ₹20 Lakh!" "Challenge accepted, Elon!" — Mahindra & Mahindra's Executive Director and CEO of Auto & Farm Sector, Rajesh Jejurikar, is setting the stage for a major showdown in the electric vehicle (EV) market. With the aggressive launch of the BE 6e and XUV 9e at ₹20 lakh, M&M is not just playing catch-up—it's taking the lead. By making this bold move, M&M is asserting its dominance in India's EV revolution, signaling its readiness to compete globally. “Let them come and launch something like this in India, but at these prices... Even after localizing, let's see if any of these global giants can match what we're doing,” M&M CEO declared, underscoring Mahindra’s competitive edge in both innovation and pricing. Key Highlights: ₹12,000 crore investment: Powering Indian brands to compete head-to-head with the world's automotive titans. Developed from sketch to showroom in just 3 years, proving India’s engineering brilliance.| Packed with cutting-edge features like ADAS (Advanced Driver Assistance Systems), giving luxury global brands a run for their money. “Our teams here bring unmatched passion to the table, and their energy is our competitive advantage,” M& M CEO emphasized, championing the strength of Indian talent. With ₹12,000 crore driving this transformation, Mahindra isn’t just crafting vehicles; it's shaping the future of innovation and sustainability in India. Could this be the moment Indian EVs go global? Share your thoughts on Mahindra’s daring leap! Bhavesh Shah #EVRevolution #MahindraEV #ElectricVehicles #Innovation #MadeInIndia #Sustainability #tesla #BYD

Indian cycle industry is the second largest in the world, followed by China and sold a whopping 11.44 Million units in FY 22! This figure is expected to reach 14.43 million units by FY 2027. Not only that, the total cycle population on the road is 200 Million! CLIP is world's first plug-and-play patented e-bike tech based out of Brooklyn, U.S. which can revolutionize the way Bharat moves! This is for the Bharat, where 👉 A farmer travels 30 kilometres to the city to sell his produce. 👉 Or the kids who bike 2 hours in the morning to reach their schools. 👉 Or the girl who travels 45 kilometres to attend college. 👉 Or the women who are not able to go to work because of the lack of affordable and convenient mobility. This is for the Aam Bharat that peddles every day to a better future. Motovolt Mobility will soon bring this tech into India and will electrify the journeys of millions of such Indians! How many of you are excited to see such tech in India? Som Ray CLIP #electricmobility #greenmobility #ev #startup #innovation

GoMechanic.in to Launch Dedicated EV Workshops Across Major Metro Cities In response to the growing demand for electric vehicle servicing in India, GoMechanic.in is set to roll out dedicated EV workshops in key cities including Delhi, Mumbai, Chennai, Bengaluru, and Hyderabad. While the exact launch date remains undisclosed, the startup plans to establish 100 EV-focused workshops by the end of FY25, with ambitions to double that number by FY26. Additionally, GoMechanic aims to service 10,000 EVs by March next year. This initiative follows the company's partnership with MoEVing, a fleet operator specializing in electric mobility, which launched EV services for fleet operators in December. #ev #electricvehicles #gomechanic #mobility #innovation #sustainability #greentransport #startup #india #nitinrana #evworkshop #electricmobility #cleantech #automotive #transportation #futureoftransport #evcharging #electriccar #fleetsolutions #emobility #workshops #service #tech #infrastructure #delhi #mumbai #chennai #bengaluru #hyderabad #growth #expansion #partnerships #environment #renewableenergy #automotivetechnology #serviceindustry

Such a heartwarming post! I still remember my fascination with Nano when it was first launched. A tiny car with the boot at the front and the engine at the back, an engineering marvel. But the more intriguing bit was its pricing. The on-road price of the Tata Nano was just INR 1 L which made it affordable for the masses. It delivered strong performance in terms of mileage and fuel efficiency. However, it couldn't pick up much as it was viewed as an inferior good in economic speak. In hindsight, it remains one of India's most innovative automobiles pioneered for the burgeoning middle class by Ratan Tata who often travelled in a Nano himself. PS: Mr. Ratan Tata even initiated EVs for the existing Nano somewhere around 2017. Constant innovation undoubtedly defines the Tata brand. #TATA #Nano #Entrepreneurship #Innovation

River Mobility Expands EV Footprint With First Showroom In Chennai, Eyes 100 Showrooms By 2026 Bengaluru-based electric vehicle startup River Mobility is accelerating its growth plans with the opening of its first showroom in Chennai. Backed by prominent investors like Yamaha Motor Corp and Mitsui & Company Ltd, the company aims to establish a strong retail presence across India. By March 2025, River Mobility plans to have 50 showrooms operational, with a target of 100 showrooms by March 2026. This aggressive expansion strategy is fueled by the increasing demand for electric vehicles and the company’s successful launch of the “Indie” scooter model. With a strong financial backing of Rs 550 crore and a growing workforce […] - https://lnkd.in/d_gqi8KD #automotive #evs #ev #electricmobility #emobility #ebikes #fleets #evfleet #evnews #autonews #electricvehicles #electricvehicle #automotiveindustry #automotivejobs #cleantech #cleanenergy #hydrogen #lithium #evbattery #sustainability #climatechange #electricvehicles #ev #india #rivermobility

Tata Nano: A Bold Idea That Challenged Perception! The Tata Nano, launched in 2008, stands as one of the most ambitious and visionary projects in the Indian automotive industry, driven by none other than the legendary Sir Ratan Tata. His goal? To democratize mobility for millions of middle and lower-income families, providing a safe, affordable, and dignified alternative to two-wheelers. The Nano was positioned to transform the Indian automotive market by creating the world’s most affordable car at a groundbreaking price point of ₹1 lakh. His vision went beyond just profits, by rethinking design, production and distribution, the Nano represented hope, achievement and a bridge toward social mobility. 𝗛𝗼𝘄𝗲𝘃𝗲𝗿, 𝘁𝗵𝗲 𝗯𝗿𝗶𝗹𝗹𝗶𝗮𝗻𝗰𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗶𝗱𝗲𝗮 𝗰𝗼𝘂𝗹𝗱 𝗻𝗼𝘁 𝗲𝘀𝗰𝗮𝗽𝗲 𝘁𝗵𝗲 𝗱𝗲𝗲𝗽-𝗿𝗼𝗼𝘁𝗲𝗱 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 𝗼𝗳 𝗰𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗽𝗲𝗿𝗰𝗲𝗽𝘁𝗶𝗼𝗻. Marketed as the "world's cheapest car", the Nano faced a significant challenge in how it was perceived, this label inadvertently clashed with the aspirations of India's growing middle class, who viewed car ownership as a status symbol. Instead of being celebrated for its affordability, the Nano was seen as a "poor man's car," creating a stigma rather than pride. In a society where dignity and social status are often signaled through possessions, many potential buyers did not want to be associated with a product that screamed "cheap," even though it was a marvel of affordability and engineering. Though the Nano didn't achieve the commercial success it deserved, Ratan Tata's visionary leadership and dedication to innovation transformed industries, empowered millions, and placed India on the global business map. He may have passed, but his impact remains. His legacy of ethical entrepreneurship, compassion for the masses and relentless pursuit of excellence will continue to inspire generations of leaders to come. #RatanTata #Nano #Tata #TataGroup

In a landmark move for India's electric vehicle industry, Mahindra Group and Škoda Auto Volkswagen India Private Limited India (SAVWIPL), a subsidiary of Volkswagen Group, are on the verge of finalizing a 50:50 joint venture. This partnership is set to revolutionize the EV landscape by focusing on the development of battery-powered SUVs for both Indian and global markets, alongside traditional fuel-powered variants. Production will take place at SAVWIPL and Mahindra facilities in Chakan, near Pune. Excluding Volkswagen and Skoda's sedans and luxury brands like Audi and Porsche, this collaboration leverages Mahindra's local expertise and Volkswagen's advanced technology. This partnership follows a successful supply agreement for Volkswagen's MEB platform components for Mahindra's electric platform, INGLO, and aligns with India's push for electric vehicles and stricter carbon emission norms. With this venture, Mahindra plans to expand its EV lineup, currently led by the XUV400, to seven models by 2030. . . . . . . . #ElectricVehicles #MahindraVolkswagen #EVRevolution #SustainableMobility #AutomotiveInnovation #ElectricSUVs #GreenTechnology #FutureOfMobility #IndiaEV #JointVenture #AutoIndustry #EVPartnership #CleanEnergy #ChakanPune #INGLOPlatform

The Rise and Fall of Tata Nano: What We Can Learn from India's Boldest Automotive Experiment In the early 2000s, Ratan Tata, Chairman of Tata Motors, observed a common sight on Indian roads—entire families precariously perched on scooters, exposed to the dangers of traffic. He envisioned a solution: a safe, affordable car that would be within reach of the average Indian family. This vision led to the creation of the Tata Nano, famously marketed as the world’s cheapest car, priced at just ₹1 lakh. 💡 The Vision: The Tata Nano was born from a desire to democratize car ownership in India. It was designed to be an affordable alternative to two-wheelers, offering families a safer mode of transport. Tata Motors engineers took on the challenge, of rethinking car design from the ground up to reduce costs while maintaining safety and efficiency. The result was a compact, lightweight car that captured global attention for its innovation and ambition. 🚗 The Challenges: The Tata Nano faced numerous hurdles despite the initial excitement. Safety concerns arose due to a few isolated incidents of engine fires, which hurt public perception. Additionally, the "world’s cheapest car" label, intended to emphasize affordability, inadvertently positioned the Nano as a car for those who couldn’t afford anything better. This stigma discouraged many potential buyers. Marketing missteps and the lack of a strong value proposition also contributed to the Nano's struggle in the market. While it was intended to attract two-wheeler owners, many chose to save more to buy slightly more expensive cars with additional features. The Nano, though innovative, did not fully resonate with its target audience. 📉 The Outcome: The Tata Nano ultimately did not achieve the widespread success that Ratan Tata had envisioned. Production ceased in 2018 due to declining sales. However, Nano’s story is not just one of failure—it’s a story of bold ambition and a willingness to take risks in the pursuit of a transformative vision. 💬 Takeaway: The Tata Nano serves as a case study in innovation, highlighting the importance of understanding market needs, consumer perceptions, and the role of effective branding. It also underscores that even the most well-intentioned projects can face unexpected challenges. The Nano’s journey reminds us that failure is often an integral part of innovation, providing valuable lessons for future endeavors. #TataNano #Innovation #BusinessLessons #Entrepreneurship #FailureToSuccess

https://lnkd.in/etH6uJJ8 As the world turns its eyes to #MadeInBharat, #India continues to showcase its prowess and potential. The anticipated arrival of #ElonMusk's electric vehicle venture in India, with an investment of $2-3 billion, underscores our nation's rising influence in the global market. Though the factory's location remains undecided, the spirit of anticipation is nationwide. I am personally cheering for #Hyderabad, a city that embodies innovation and technological advancement. This opportunity represents more than an investment; it's a testament to India's capabilities and our commitment to sustainable progress. As India paves the way for the #ElectricVehicle revolution, we're not just participants; we're leaders shaping a sustainable future for all. 🇮🇳✨ #SustainableDevelopment #Innovation #GlobalLeadership #ProudIndian

#1 “🚗 From Teenage Dreams to Global Powerhouse: The Mahindra Story 🚗” 🚙 When I first saw the Thar on television, my teenage self promised my family that one day I’d own it. Fast forward to today, city traffic has made me rethink that dream, but the aspiration and admiration for Mahindra remain unchanged. ✨ Mahindra and Mahindra, founded in 1945, started by assembling Willy’s Jeeps in India. Today, they’re a global powerhouse, with ventures in automobiles, IT services, and even aerospace. Their journey from rugged Jeeps to electric vehicles is a testament to their innovative spirit and deep understanding of the market. 🌱 Here’s a glimpse into their fascinating history and strategic milestones: 1947: Began assembling Willy’s Jeeps, perfect for India's tough terrains. 1963: Expanded into tractors, becoming a vital part of the agricultural sector. 2000: Launched the Bolero, a rural favorite. 2002: Introduced the Scorpio, appealing to a wide demographic. 2010s: Entered the electric vehicle market, expanding globally. 🛤️ Mahindra’s strength lies in their ability to innovate and diversify. They’ve built a brand that resonates with both urban youth and rural farmers by: Building Trust: Ensuring their vehicles can withstand the toughest conditions. Understanding the Market: Catering to the unique needs of both urban and rural consumers. Innovation and Diversification: Expanding their product offerings to mitigate risks and tap into various market segments. 📈 Their competitive edge is evident in their diverse portfolio and high brand loyalty, especially in rural markets. Mahindra’s commitment to quality, reliability, and technological advancement makes every journey safe and enjoyable. 💬 As Mahindra continues to innovate and expand, they remain a symbol of resilience and adaptability in the automotive industry. 🔗 What has been your experience with Mahindra vehicles? Share your thoughts! #Mahindra #Innovation #AutomotiveIndustry #Leadership #BusinessGrowth #ElectricVehicles #GlobalExpansion #UrbanMobility #SustainableFuture