Beyond launching products, Honda will leverage the competencies in India for its global electrification strategy which will gain ground in ASEAN, Europe and Japan. The Japanese automaker has thrown up some broad hints of the road ahead in its Honda Report 2023.
Unlike legacy ICE platforms, pure EV architecture breaks free from constraints, fostering disruptive attributes optimized for EVs, which enhance customer satisfaction and loyalty while positioning manufacturers as champions of environmental stewardship.
The first of the SUV major’s ‘Born Electric’ SUVs, BE 05 is expected to be highly software-defined. Towards building its in-house competence for advanced software, and also ensuring a more improved user experience (UX) in its models, M&M is hiring talent from the smartphone industry.
The growing tensions in West Asia following hostilities between Iran and Israel could throw global crude oil prices out of control. If they start inching towards USD125/barrel, India will need to gear up for an inflationary era where buying sentiment will take a hit. For now, the Lok Sabha elections will act as a buffer since voters need to be kept in good humour.
Amit Gupta, Co-founder and CEO of the Bengaluru-based startup Yulu, says there could be interesting opportunities in parts of the US and ASEAN for gig workers to use e-bikes. He is also excited about the association with Bajaj Auto where new products will come in at a faster pace.
Daimler India Commercial Vehicles is increasing its stake in the global scheme of things at the world’s largest truck maker also as an engineering base for more than just BharatBenz range of trucks and buses. The engineering team in Chennai filed the highest number of Offensive Patents in 2023 .
For the overall growth of the Indian automotive market it is essential to improve the rural economy. The auto OEMs have to respond quickly to the ever-changing needs of the market led by the young generation and acknowledge working women as an important market segment. India has the potential to be a global automotive manufacturing hub especially owing to its proximity to Africa, which is the next big market besides Asia and Europe. In addition to technological innovations such as EVs, connectivity, and autonomous driving, sustainable technologies that make efficient use of limited resources will also be important, Tsutsumu Otani, MD, President and CEO - Honda Motorcycle & Scooter India, told ETAuto in an exclusive interview.
The Bengaluru-based startup launched the F77 electric motorcycle in 2022. In the following year it took part in EICMA Milan and showcased its F99 concept. The founders, Narayan Subramaniam and Niraj Rajmohan, believe that the script has started on a right note though volumes are too little to write about now.
Petr Janeba, Brand Director of Skoda Auto India, says digitalisation will play a big role in wooing more people to buy the new offering that debuts next year. The Czech automaker would also want to see India play a global role in its EV template given the vast competencies available here.
Daimler India Commercial Vehicles has reported its highest-ever sales in 2023 with the brand now making a stronger connect with fleet operators. Satyakam Arya, MD and CEO, believes the growth story will now gain more momentum in the coming years.
The combined annual installed production capacity of the Chennai and Talegaon plants of Hyundai India is 9.54 lakh units. With new approaches Hyundai will enhance it to a million units. Some of the practices, and new approaches adopted in its Chennai plant will come handy for that.
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