Learnings from lockdown helping automakers stay on track
April 07, 2021
×
Limited nature of lockdowns, improved ability to manage supply chains and vaccination drive offer respite in second wave, say analysts
Automakers are implementing measures like increasing buffers in inventories, cutting costs of non-core exercises, digitisation and better management of production which they have learnt over the past year of running business amid the pandemic to mitigate the impact of the second wave of the pandemic.
The limited nature of the lockdowns and better ability to manage supply chains compared to last year, as well as the vaccination drives, are offering respite, company officials and analysts told
February 25, 2021
Vellayan Subbiah, Managing Director, TII - BIJOY GHOSH×
Working on prototypes with a Korean company
Murugappa Group company Tube Investments of India Ltd (TII) has indicated that its proposed foray into electric three-wheelers is based on a well-planned strategy and the company is confident of making its mark in the segment.
Recently, the company announced its ₹200-crore plan to manufacture and sell electric three-wheelers in the country.
Second attempt
This is the second entry by TII into the electric vehicle segment. In 2008, the company took a plunge into electric two-wheeler segment with the launch of electric scooters under the brand name BSA. While initial months were good, sales stagnated in the following years due to slow market acceptance and withdrawal of government subsidy then. The company discontinued this business later.
Traditional auto players power up EV play
February 18, 2021
Car and two-wheeler makers ramping up production and charging stations
Home-grown traditional players in the automotive segment continue to make progress in the electric vehicle segment in the post-Covid period with a slew of initiatives even as the EV market in India continues to evolve.
While Covid-19 applied brakes on the development of EV ecosystem in the country, the past couple of months saw some improved activity in the EV market with the gradual opening up of cities.
While the EV market witnessed proliferation of e-rickshaws, other segments were yet to adopt in a big way. But, of late, the electric two-wheeler segment is witnessing a lot of activity with the entry of many new players, mostly driven by the Central and State governments’ promotion schemes, growth of gig economy, traffic congestion in urban areas, and of course, rising fuel prices. Post FAME-II, sales of electric two-wheelers were adversely i
January 20, 2021
While mini trucks are still in decline mode, pick-ups recovered with single-digit growth in the September quarter.
While mini trucks are still in decline mode, pick-ups recovered with single-digit growth in the September quarter.×
Dec quarter saw the segment growing 17% on e-commerce and rural drive
The pick-up trucks segment has reported a positive growth for the second consecutive quarter, supported by e-commerce, improved consumption and a buoyant rural economy.
Pick-ups (Ashok Leyland Bada Dost, Tata’s Super Ace and Intra and Mahindra Bolero) with a gross vehicle weight (GVW) of 2-3.5 tonnes and mini-trucks (Tata Ace) with GVW up to 2 tonnes are termed as small commercial vehicles, which make up about 90 per cent of the light commercial vehicle (LCV) volumes. Pick-up trucks are a lifeline for small businesses and are an integral part of the hub-and-spoke model in the transportation segment