Showing posts with label Society of Indian Automobile Manufacturers. Show all posts
Showing posts with label Society of Indian Automobile Manufacturers. Show all posts

Wednesday, February 12, 2020

Auto Expo 2020: Asia's biggest motor show ends; draws over 608,000 visitors

Current Affairs
Asia's greatest engine demonstrate attracted to a nearby on Wednesday bringing the shades down on the six-day party. Despite the fact that it missed the mark concerning the general number of interest, it was one of the greatest as far as sharing by new contestants.
Beating the log jam that has sapped purchaser's suppositions and hit volumes at auto organizations for as long as eighteen months, an aggregate of 608,526 individuals visited the show at the Great Noida Expo Mart between February 7 and 12, as indicated by Society of Indian Automobile Manufacturers (Siam).
With a look into the fate of versatility by means of green advances, the article included 352 item shows from 108 exhibitors. This included eight worldwide premiers and more than 70 dispatches and discloses. It likewise contained presentation of 35 electric vehicles and 15 ideas. Despite the fact that numerous makers gave the show a miss, the individuals who took an interest had confidence in it as a stage to revive enthusiasm for an easing back market.
Rajan Wadhera, leader of Siam, said this was the most elevated footfall at the Motor Show held in Greater Noida, "a tribute of client's goal and friendship for the car Industry." Rajesh Menon, Siam chief general, included the "show will assist with resuscitating customer notion which is significant for the automobile business."

Despite the fact that littler, when contrasted with a year ago as far as support, there was sufficient to get purchasers' extravagant from the stables of new contestants — MG Motors, Kia Motors, Great Wall Motors and FAW. Occupants, for example, Maruti, Hyundai, Tata Motors, the Volkswagen Group, Renault, Mahindra and Mahindra, among others, additionally did their bit to draw the group....Read More

Monday, June 24, 2019

Switching to batteries won't reduce an iota of pollution, says TVS MD

Company News

India’s big three two-wheeler makers on Monday hit out at NITI Aayog’s plan to push for 100 per cent electric vehicle, saying such a transition is completely uncalled for and could jeopardise the industry.
Arguing that changing from conventional two-wheelers to 100 per cent electric is “not like Aadhaar, not a software and print cards”, the companies said concerns of all stakeholders must be taken into consideration instead of imposing adoption of EVs. “This is not like Aadhaar, not a software and print cards. You have to set up a whole supply chain, and migrate from the current supply chain,” TVS Motor Chairman and Managing Director Venu Srinivasan said. He said targeting “two- and three-wheelers but not cars makes it an incomplete initiative”.
Srinivasan asserted that “changing to batteries running on thermal power will not reduce one iota of pollution”. Right now, he said,”the two-wheeler contribute to 20 per cent of automotive pollution”. Hero MotoCorp said it was “deeply concerned by the potential repercussions of NITI Aayog’s approach of completely banning two-wheelers up to 150cc that are powered by Internal Combustion Engines”.
Last week, NITI Aayog had asked auto industry body Society of Indian Automobile Manufacturers (Siam) along with conventional two-and three-wheeler makers to suggest within two weeks, concrete steps towards transition to electric mobility keeping in mind the 2025 deadline.
Hero MotoCorp said the move by NITI Aayog is being at a time “when two-wheelers manufactured in India will have the world’s cleanest emissions, along with the world’s highest fuel-efficiencies, effective April 1, 2020”.

 “Instead of imposing the adoption of EVs (electric vehicles), it would be ideal to have a healthy mix of policy, market dynamics, and customer acceptability,” the country’s largest two-wheeler maker said.