DOCSLIB.ORG

Road Less Travelled

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Road Less Travelled MONTHLY PUBLICATION 17 March 2021 | Vol-3, Issue-3 Road Less Travelled INSIDE THE ISSUE Takeaways of call with the President of the Nashik Painters Association Cement: Supply-chain efficiency improvements Detailed story on pg. 2 visible Detailed story on pg. 4 RETROSPECTIVE PERSPECTIVE Key events of the last few weeks…. Perpetual bonds – what’s up? The rise of NFTs Takeaways of call with north-India based ITC Congress Rift: G23 distributor Polar Silk Road Detailed story on pg. 2 The state of spending in India and fuel Electric vehicles – are we there yet? 1984’d? India’s new rules to regulate online content News round-up of the month Detailed story on pg. 5-9 Channel checks with north India-based distributors of Emami Detailed story on pg. 3 Please see penultimate page for additional important disclosures. PhillipCapital (India) Private Limited. (“PHILLIPCAP”) is a foreign broker-dealer unregistered in the USA. PHILLIPCAP research is prepared by research analysts who are not registered in the USA. PHILLIPCAP research is distributed in the USA pursuant to Rule 15a-6 of the Securities Exchange Act of 1934 solely by Rosenblatt Securities Inc, an SEC registered and FINRA-member broker-dealer. Takeaways of call with the President of the Nashik Painters Association by Vishal Gutka • Demand is gradually recovering in the individual home for completion of segment: Demand is almost back to pre-covid levels owing to projects has reducing cases of covid-19, vaccine rollout and adoption of best-in- reduced class sanitization practices by paint companies. Trend such as a substantially. Not reducing repainting cycle, premiumization, and increased usage of all contractors can branded products are helping. afford these • Projects business on an accelerated growth mode: Paint machines, as they contractors have healthy order books, since real-estate developers are costly and if are focusing on giving possession to buyers, and there is good they get damaged, uptick in real estate demand due to lower interest rates. the project might get stuck. • Berger has made good inroads into the contractor segment: • Aggressiveness of paint companies into the waterproofing Many of the paint contractors in Nashik area have switched to range: Paint companies today have established a separate division Berger from Asian Paints over the past few years, because of the for waterproofing, providing products like membrane and former’s better margins, better quality of products in certain sub- membrane-coating. They have targeted internal waterproofing as segments, and improved service standards. well. • Has automation led to decrease in number of laborers? Even • Price hike: Paint companies have taken low-single-digit price hikes with automation of painting projects to a certain extent (increased in exterior paints; few financially strong contractors have started adoption of putty mixer, spraying machines), there is no significant stocking paint products, expecting more price hikes ahead. decline in the number of laborers needed. However, the duration Takeaways of call with north-India based ITC distributor by Vishal Gutka which involves high-level engagement with government officials (specifically regulatory authorities) to curb sales of contraband. The government is taking a keen interest, given its precarious fiscal situation. • Subdued volume growth is hurting brand investments: ITC has gone on a cost rationalization drive and reduced display pay-outs to retailers for its key cigarette outlets, which again is taking a toll on its volume growth. • FMCG: Since most covid-19-related tailwinds have abated, the • Demand, after seeing an uptick in Jan, has stagnated again: FMCG segment growth has seen significant moderation from Historically, cigarette consumption increases during winter, but this 1HFY21 levels. time, it has not seen a similar jump. This is because of increasing noise around covid-19 and the perception that smokers are more Product performance: prone to covid as it harms lungs. In fact, demand reduced. With 1) Savlon range of products, which had even outperformed Dettol schools and colleges not opening, and a rise in temperature in during the initial phase of the pandemic, have registered negative coming months, cigarette volumes will be hit. Many retailers had growth due to the roll-out of the vaccine and easing up of the covid stocked up, anticipating price hikes due to expectations of tax scenario. increases in the Union Budget. Jan 2021 saw 10% value growth; 2) Yippee: Sales for Yippee have gone down drastically vs. 1HFY21, Feb saw +5%; March is down 20% so far. since Maggi, which earlier was facing distribution constraints, has • Market share in overall cigarette industry is declining: started reaching every nook and corner. To enhance sales, it has Although ITC might be gaining some market share from other started giving complimentary namkeen packets with select Yippee organized players (VST Industries, GPI) who are grappling with their packs. own challenges, overall, it is losing market share to contraband/ 3) Bingo: ITC came up with new launches in Bingo such as No Rule, illegal / unorganized players. These are gaining due to the high Breakfast Snack, and newer variants in Mad Angles, but they failed. margins they give retailers, plus, they don’t carry pictorial warnings These have now been withdrawn from the market. Key products on their packs, and their cigarettes are priced cheaper. such as Bingo Chips and Tedhe Medhe are doing well. • ITC is working on an aggressive combat plan to curb sales of contraband cigarettes: ITC is working on a plan across India, 17 March 2021 | Vol-3, Issue-3 | Page - 2 Road Less Travelled | MONTHLY NEWSLETTER 4) Ashirwad Atta (flour): With other branded players (such as • New launches: ITC is planning a big bang foray into new Nature's Fresh) and unorganized players coming back to the categories. It is focusing on cake, bottled soup, chocolates (Rs 5/10) market, ITC, which had gained lot of market share during 1HFY21, and flavoured milk. It has also started installing chillers in select has started giving it back. This has made it become aggressive – by retail outlets, as it plans to prepare a high-decibel media campaign giving flat Rs 50 discount on a 50kg atta packet. around chocolates and flavoured milk. Channel checks with north India-based distributors of Emami Key takeaways by Vishal Gutka from Nielsen. But, it was not that impactful, and it was expensive as well. Hence, the company decided to reduced its exposure to negligible. New launches tracking well During Covid, Emami reduced the MRP of its new launches (home- care range) instead of opting for promos. This, and RB (Harpic) facing some stock-related issues helped Emami gain. Acceptance for its Strong recovery in the wholesale channel toilet cleaner and dish-wash is better than other companies’ home Two years ago, Emami’s wholesale channel was under tremendous care ranges. pressure; it was seeing sales decline by 40-45% – mainly related to In soaps, its LUP is doing extremely well, and is expected to gain the north region. To counter this challenge, it launched a loyalty some market share. program called Champions Club to revive its wholesale business. Acceptance of Aloe Vera Gel is good due to its huge distribution Under this programme, Emami targeted top-20% wholesalers who network in the north region (150,000 outlets) as there aren’t many contributed mainly to sales, and designed extra schemes for them players in this space apart from Patanjali. specifically. As a result, this channel has revived and has started seeing healthy growth. Power brands Its wholesale business is tracking well on solid improvement in • Navratna: Placement for Navratna brand, ahead of the summer cash-conversion, as wholesalers are now ordering quantities season, has been quite robust, as temperatures have started equivalent to near-term demand vs. the erstwhile practice of soaring. stocking more-than-desired quantities. • Kesh King: Kesh King continues to perform; recently, Emami As a result, investment in stocks has reduced significantly. changed its MRP for its 300ml pack. However, the MRP for its 100 Moreover, the credit period in metro cities to the wholesale channel ml and 50 ml packs remains the same. has approximately halved to 8-10 days (from 15-20 days), and in • Zandu: Zandu Balm’s growth has seen a significant boost in non-metro cities, it is only around 3-7 days. 9MFY21 on market-share gains from unorganized /local players and increased consumption (customers apply balm while taking Emami needs to take new steps to enhance distribution reach: steam). However, this has receded as both the factors have reversed Emami came up with an expansion project called ‘RACE’ to increase now. direct distribution in the outskirts of metro cities. This was based on data 17 March 2021 | Vol-3, Issue-3 | Page - 3 Road Less Travelled | MONTHLY NEWSLETTER Cement: Supply-chain efficiency improvements visible Clear indications from the ground on various initiatives by several manufacturers. Next structural and sustainable re-rating trigger for the sector by Vaibhav Agarwal Over the last few days there have been several media reports of a robust increase in cement prices across regions ranging from Rs 20-50/bag. While cement prices are likely to improve in Q4, our channel checks do not corroborate robust price hikes. The maximum we hear is Rs 10-20/bag price hikes across pockets. We hear of a strong volume commentary for February 2021, and a similar sustained trend in March 2021 too. Despite February being just a 28-day month, most of the cement manufacturers and dealers have recorded historic high volumes, and this is a huge morale booster for cement manufacturers. But, the caveat to this is that we also hear that many marketing executives are running with phenomenal volume targets and most manufacturers have an internal wish to bring their FY21 despatch numbers closer to FY20 despatches.
Load more

Recommended publications
  • Mahindra E2o Plus
    UNTIL OUR CITIES GET SMART, OUTSMART THE CITY. About e2oPlus Outsmart Congestion Outsmart Pollution Outsmart Expenses Outsmart Inconvenience Specifications Features About ME Contact us About It’s going to take some time before our cities get smart. Don’t wait, take the first step today and switch to the all-electric e2oPlus - the CitySmart car. Designed to outsmart the chaos of the streets, the ever increasing expenses, and the uncertainties of the road, the e2oPlus is the perfect city car for you. About e2oPlus Outsmart Congestion Outsmart Pollution Outsmart Expenses Outsmart Inconvenience Specifications Features About ME OUTSMART CONGESTION Zip through the city on a hassle free drive About e2oPlus Outsmart Congestion Outsmart Pollution Outsmart Expenses Outsmart Inconvenience Specifications Features About ME Page 1 Page 2 Page 3 REGENERATIVE INSTANT REVive BRAKING TORQUE Earn miles each time your Go from the get go Extra miles when you car slows down Leaving the rest of the trac behind when need them the most Nothing can be smarter than making the the signal turns green, is a game that every With our patented REVive technology, constant jamming of brakes in the start-stop you never have to worry about being e2oPlus driver enjoys playing. With no trac work in your favour. Well, the new City heavy engine or moving parts lagging the stranded with no charge. If ever you find Smart e oPlus is up for the challenge. It’s 2 power output, you get instant torque to that the battery has run out and you do not called regenerative braking. Each time you zoom with maximum torque right from the have a charge point close by, you can hit the brakes or you don’t use the moment you start o.
    [Show full text]
  • Techno-Economic Assessment of Deep Electrification of Passenger Vehicles in India
    LBNL-1007121 ERNEST ORLANDO LAWRENCE BERKELEY NATIONAL LABORATORY Techno-Economic Assessment of Deep Electrification of Passenger Vehicles in India Nikit Abhyankar Anand Gopal Colin Sheppard Won Young Park Amol Phadke Energy Analysis and Environmental Impacts Division May 2017 This work was funded by the U.S. Department of Energy's Office of International Affairs under Lawrence Berkeley National Laboratory Contract No. DE-AC02-05CH11231. Disclaimer This document was prepared as an account of work sponsored by the United States Government. While this document is believed to contain correct information, neither the United States Government nor any agency thereof, nor The Regents of the University of California, nor any of their employees, makes any warranty, express or implied, or assumes any legal responsibility for the accuracy, completeness, or usefulness of any information, apparatus, product, or process disclosed, or represents that its use would not infringe privately owned rights. Reference herein to any specific commercial product, process, or service by its trade name, trademark, manufacturer, or otherwise, does not necessarily constitute or imply its endorsement, recommendation, or favoring by the United States Government or any agency thereof, or The Regents of the University of California. The views and opinions of authors expressed herein do not necessarily state or reflect those of the United States Government or any agency thereof, or The Regents of the University of California. Ernest Orlando Lawrence Berkeley National Laboratory is an equal opportunity employer. i Acknowledgements Lawrence Berkeley National Laboratory would like to thank the U.S. Department of Energy for providing financial support for this work. We are thankful to Rashid Waraich of Lawrence Berkeley National Laboratory, Anup Bandivadekar of The International Council on Clean Transportation, and Aman Chitkara of the Rocky Mountain Institute for their helpful reviews.
    [Show full text]
  • Download Listing Brochure
    9650 080808 Vip Free Fair Price Experts Vehicle For For Assisted Buying & Selling Services Assistance Guaranteed Assistance Any Budget Expert's Requirements Customized Finalize Make Grab Your Assistance Captured Proposal Payment Keys What We Have For You? MAHINDRA E2O PLUS P6 2017 Vehicle Information Make Mahindra Model E2o Plus Year 2017 Trim P6 KM Driven Kms. Color Brown Fuel Type N/A Transmission Type N/A Body Type Hatchback Price Rs. 700000 Condition Used Ownership Type Owned Location Gurgaon Registration State Haryana Ownership Count N/A DLID 1416321227 TOTAL COST OF OWNERSHIP 697973 Cost Splits for 5 Years (Assuming 1 Year, 12,000 KM) Full Circle 6.4/10 Trust Score Rs.297546 Rs. 405,392 - Rs. Rs.306060 BUY PREMIUM REPORT 430,468 Rs.74217 Rs.0 Rs.0 Insurance Fuel Tyre Change Service Depreciation Cost Cost Cost Cost Cost 9650 080808 Vip Free Fair Price Experts Vehicle For For Assisted Buying & Selling Services Assistance Guaranteed Assistance Any Budget Expert's Requirements Customized Finalize Make Grab Your Assistance Captured Proposal Payment Keys Vehicle Images Mahindra e2o Plus P6 2017 700000 9650 080808 Vip Free Fair Price Experts Vehicle For For Assisted Buying & Selling Services Assistance Guaranteed Assistance Anybudget Expert's Requirements Customized Finalize Make Grab Your Assistance Captured Proposal Payment Keys Key Factors Mahindra e2o Plus P6 2017 700000 Condition Used Location Gurgaon Ownership Count N/A Ownership Type Owned Registration State Haryana Chassis No N/A Trust Factors Mahindra e2o Plus P6 2017 700000 Verified Seller Pro Seller RC Copy Inspection Report Housekeeping Mahindra e2o Plus P6 2017 700000 Note : Specific Payment details will be Pricing Format Fixed Price Contact Info of Seller shared once you commit to buy.
    [Show full text]
  • Implementation Plan for Electrification of Public Bus Transport in Bengaluru
    Implementation Plan for Electrification of Public Bus Transport in Bengaluru Project Team Dr Mridula Bharadwaj (Principal Investigator) Dr Gaurav Kapoor Trupti Deshpande Harshid Sridhar P. Anantha Lakshmi Ganeshprasad Pavaskar Aswathy K.P. Tanmay Sarkar Ashish Nigam Pareexit Chauhan Sujaya Rathi Sandhya Sundararagavan Epica Mandal Center for Study of Science, Technology and Policy April, 2018 Center for Study of Science, Technology and Policy (CSTEP) is a private, not-for-profit, technology-policy think tank, registered under Section 25 as a Research Corporation, in 2005. Shakti Sustainable Energy Foundation works to strengthen the energy security of India by aiding the design and implementation of policies that support renewable energy, energy efficiency and sustainable transport solutions. Designing and Editing by CSTEP Disclaimer While every effort has been made for the correctness of data/information used in this report, neither the authors nor CSTEP accept any legal liability for the accuracy or inferences for the material contained in this report and for any consequences arising from the use of this material. The views/analysis expressed in this report/document do not necessarily reflect the views of Shakti Sustainable Energy Foundation. The Foundation also does not guarantee the accuracy of any data included in this publication nor does it accept any responsibility for the consequences of its use. © 2018 Center for Study of Science, Technology and Policy (CSTEP) For private circulation only. Any reproduction in full or part of this publication must mention the title and/or citation, which is mentioned below. Due credit must be mentioned regarding the copyright owners of this product. This report should be cited as: CSTEP-SSEF (2018), Implementation Plan for Electrification of Public Bus Transport in Bengaluru, (CSTEP-Report-2018-3).
    [Show full text]
  • Sustainable Mobility Is the Need of the Hour As India Strives for Self-Sufficiency in Oil and Battles Vehicular Pollution on Its Streets
    EXECUTIVE SUMMARY Sustainable mobility is the need of the hour as India strives for self-sufficiency in oil and battles vehicular pollution on its streets. A gradual shift towards sustainable transport could create possibilities for stakeholders in newer business areas, such as charging infrastructure or integrated transport. SUSTAINABLE MOBILITY OPTIONS FOR INDIA TODAY Shared mobility, gas-powered vehicles and electric vehicles (EVs) are all potential solutions in India’s quest for sustainable mobility. EVs emerge as a particularly promising option—their market could grow rapidly, especially with the government’s aspiration to have only electric cars by 20301. Many Indian companies are investing to manufacture EV and related infrastructure in India, offering an attractive, more cost-effective alternative to traditional vehicles. PUTTING MORE EVS ON INDIAN ROADS While EVs will penetrate across vehicle segments, faster uptake is expected in the two-wheeler and three-wheeler segments, both very big markets in India2. Even so, EVs are likely to add only around 3 to 7 percent of power demand in India3. They could address important current concerns—reducing oil imports and pollution, cutting logistics costs, and fuelling the Make in India initiative. Despite their advantages, some concerns constrain the uptake of EVs4: ■ Economic viability: Cost concerns predominate in people’s assessment of EVs, especially the high acquisition cost. ■ Access to charging infrastructure: Ready access to charging infrastructure determines the EV experience. With
    [Show full text]
  • Download Listing Brochure
    9650 080808 Vip Free Fair Price Experts Vehicle For For Assisted Buying & Selling Services Assistance Guaranteed Assistance Any Budget Expert's Requirements Customized Finalize Make Grab Your Assistance Captured Proposal Payment Keys What We Have For You? MAHINDRA E2O PLUS P6 2016 Vehicle Information Make Mahindra Model E2o Plus Year 2016 Trim P6 KM Driven Kms. Color Grey Fuel Type Electric Transmission Type Automatic Body Type Hatchback Price Rs. 450000 Condition Used Ownership Type Owned Location Delhi Registration State N/A Ownership Count N/A DLID 1419930743 TOTAL COST OF OWNERSHIP 677823 Cost Splits for 5 Years (Assuming 1 Year, 12,000 KM) Full Circle 7.1/10 Trust Score Rs.297546 Rs. 315,060 - Rs. Rs.306060 BUY PREMIUM REPORT 334,548 Rs.74217 Rs.0 Rs.0 Insurance Fuel Tyre Change Service Depreciation Cost Cost Cost Cost Cost 9650 080808 Vip Free Fair Price Experts Vehicle For For Assisted Buying & Selling Services Assistance Guaranteed Assistance Any Budget Expert's Requirements Customized Finalize Make Grab Your Assistance Captured Proposal Payment Keys Vehicle Images Mahindra e2o Plus P6 2016 450000 9650 080808 Vip Free Fair Price Experts Vehicle For For Assisted Buying & Selling Services Assistance Guaranteed Assistance Anybudget Expert's Requirements Customized Finalize Make Grab Your Assistance Captured Proposal Payment Keys Key Factors Mahindra e2o Plus P6 2016 450000 Condition Used Location Delhi Ownership Count N/A Ownership Type Owned Registration State N/A Chassis No N/A Trust Factors Mahindra e2o Plus P6 2016 450000 Verified Seller Pro Seller RC Copy Inspection Report Housekeeping Mahindra e2o Plus P6 2016 450000 Note : Specific Payment details will be Pricing Format Fixed Price Contact Info of Seller shared once you commit to buy.
    [Show full text]
  • E-Mobility Integration
    Knowledge Partner Supported By E-Mobility Integration lectric Mobility, like wind and solar energy, has finally arrived on the scene where it E is challenging nearly a century old fossil fuel powered mobility option. It is often branded as step towards cleaning our transport system with high carbon footprint, meeting climate goals and improve air quality in urban spaces. Complexity of electric mobility transition does exceed the complexities and challenges inherent to low mobility planning, even though later is just an additional dimension to the former. First and foremost, e-mobility poses a threat to traditional automotive industry, along with livelihoods and investments linked to it. Secondly, it requires for significant upfront capital investments required for setting up charging infrastructure and procuring electric vehicles. Lastly, for a city to build an ecosystem for electric mobility transition, other than the traditional institutions linked with urban mobility, role of electricity distribution companies and state electricity regulator becomes very crucial. Electric mobility ecosystem is an amalgamation of three distinct value chains - Energy Supply, Charging Infrastructure and Add-on Services. Customers mobility and providing access to charging is the requisite for building an e-mobility eco-system. The eco-system of E-mobility starts with goal setting, mobility planning and evaluating the current augmentation needs within departments/authorities. It is imperative to foremost address challenges and possible solutions to ensure a seamless E-mobility integration for the city. Electric Mobility Trends Indian transport sector is the fifth largest in world and with introduction of EVs, it is set for a major disruption. Recognizing this, Central and state governments are coming up with policies to make the transition swift and conducive for every stakeholder.
    [Show full text]
  • Key Developments for Electric Vehicles in Local Transport
    Journal of Instrumentation and Innovation Science e-ISSN: 2456-9860 Volume 4 Issue 2 Key Developments for Electric Vehicles in Local Transport Manoj Kumar1, Amit Ojha*2 1Senior Manager (Design),Control Equipment Engineering Department, BHEL, Bhopal, MP, India 2Assistant Professor, Electrical Engineering Department, Maulana Azad National Institute of Technology, Bhopal, Madhya Pradesh, India Email: *[email protected] Abstract Environment protection in Metro cities is a growing concern. Automobile sector play a very important role in the vision of green friendly environment. Continual reduction of reserve of fossil fuel and increased level of pollution has further forced to think of alternative is an electric vehicle. Mission 2030 for Government of India-"All vehicle will be Electric Vehicle" has given a boost to the E-vehicle and it will lead to generate cumulative savings of 846 million tons of CO2 over the total deployed vehicle's lifetime. Many corporates have already jumped to this sector as it is future of automobile sector. Now, electric vehicle is a reality and available for local public transportation. This paper covers an overview of the present status of electric vehicles in India with respect to technological growth. Key challenges faced by electric vehicle are also discussed. Keywords: Battery, electric vehicles motor, inverter INTRODUCTION this paper, author has tried to gather the Nowadays, electric vehicle (EV) has major issues and emerging trends of become a public transport vehicle for EVs. The paper starts with basic short distance travel in many major requirement of EVs, covers history of cities in India. All vehicles will be electric vehicles.
    [Show full text]
  • Beyond Nagpur: the Promise of Electric Mobility
    BEYOND NAGPUR: THE PROMISE OF ELECTRIC MOBILITY LESSONS FROM INDIA’S FIRST MULTIMODAL E-MOBILITY PROJECT A STUDY BY BEYOND NAGPUR: THE PROMISE OF ELECTRIC MOBILITY LESSONS FROM INDIA’S FIRST MULTIMODAL E-MOBILITY PROJECT A STUDY BY Ola Mobility Institute (OMI) is a policy research and social innovation think- tank of Ola that is focussed on developing knowledge frameworks at the intersection of mobility and public good. The Institute concerns itself with public research on the social and economic impact of mobility as a service, the climate footprint of mobility innovations, skill development and job creation, transportation-oriented urban planning, and the digitization of mobility. All research conducted at OMI is funded by ANI Technologies Pvt. Ltd. (the parent company of brand Ola). www.ola.institute [email protected] @olamobilityinst AUTHORS: Nitish Arora, Aishwarya Raman CONTRIBUTORS: Ola Electric Team, Paroma Bhat, Carson Dalton, Anand Shah DISCLAIMER This report takes into account data points from all aspects of EV operations spread over 18 months since inception, data points from primary research as well as established sources of secondary data. Whilst every effort has been taken to validate and verify correctness and accuracy of all material in this document, neither Ola, Ola Mobility Institute nor any other party associated with this report will we liable for any loss or damage incurred by the use of this report. © Ola Mobility Institute Copyright 2019 Ola Mobility Institute. This work is licensed under the Creative Commons Attribution 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by/4.0/.
    [Show full text]
  • Why E-Vehicles Aren't Popular in Bengaluru, and How This Can Change | | Citizen Matters, Bengaluru
    10/08/2020 Why e-vehicles aren't popular in Bengaluru, and how this can change | | Citizen Matters, Bengaluru Why e-vehicles aren’t popular in Bengaluru, and how this can change ELECTRIC VEHICLES IN BENGALURU Electric cars will be viable only if there are sufficient charging points. Pic: Maxsonlewis / CC BY-SA (https://creativecommons.org/licenses/by-sa/4.0) Bengaluru is today synonymous with traffic and air pollution. Among Indian cities, Bengaluru ranked third in overall emissions and energy consumption in a recent survey by CSE (Centre for Science and Environment). PM2.5 and PM10 emissions contribute to much of the air pollution in the city, and 60-70% of these emissions originate from vehicles and road dust. Considering the high contribution of vehicle emissions to air pollution, the Karnataka Electric Vehicle and Energy Storage Policy is a welcome move. The policy targets 100% electric mobility by 2030 for certain vehicle segments — auto rickshaws, cabs, corporate fleets, school buses, public transport buses, and three- and four-wheeler goods vehicles. Buses, cars should be electrified first https://bengaluru.citizenmatters.in/electric-vehicles-bmtc-buses-cars-air-pollution-emissions-vehicle-range-charging-stations-47491 1/4 10/08/2020 Why e-vehicles aren't popular in Bengaluru, and how this can change | | Citizen Matters, Bengaluru Buses and four-wheelers (private cars, cabs) are the major contributors of CO2 emissions in Bengaluru, followed by two-wheelers, considering the average daily run of different categories of vehicles. Around 6,000 intra-city buses each cover 150-200 km per day, 1.75 lakh taxis cover 200 km, and 14.85 lakh private cars cover around 10 km each daily.
    [Show full text]
  • Pre-Owned-Commercial) Cars-For-Sale V1-(10-May 2021
    Pre-owned cars for sale for personal & business needs! Looking for a way to manage your day-to-day personal or business mobility needs at a reasonable price? We’ve got you covered. Get in touch with us for handpicked pre-owned cars available at great prices. Well maintained cars Cars available for with full service history bulk purchase Commercial and Private Assistance in registrations available document transfer For list of pre-owned cars, select your respective city: New Delhi Noida Faridabad Gurgaon Hyderabad Kolkata Mohali Mumbai Pune Bangalore Visakhapatnam Other Cities Looking to go electric? We also have pre-owned electric vehicles for your personal and business mobility needs. If you can’t find the car of your choice in the list, please drop us an email and we will inform you as soon as that model/similar model is available on sale. For more information, please [email protected] or call at 1860 500 50 50 /1860 419 50 50 (IVR option 4) May 2021 NEW DELHI Model & Variant Registration Fuel Type Age (yrs) Kms run Ford Ecosport 1.5 Trend MT Commercial Diesel 3 62,000 Ford FS 1.5 Trend MT Commercial Diesel 3 50,000 Ford New Figo 1.5 TIT Commercial Diesel 3 6,000 Honda City V MT Private Petrol 5 33,000 Mahindra Bolero SLE Power Plus 7STR E4 Private Diesel 4 1,84,000 Mahindra e2o Plus P2 Commercial Electric 3 3,000 Mahindra E-Verito D2 Fast Charging Commercial Electric 2 38,000 Mahindra KUV 100 K4 + 6STR Commercial Diesel 3 1,12,000 Maruti Suzuki Ciaz Delta 1.4 MT Private Petrol 3 46,000 Maruti Suzuki Ciaz SHVS VDI + MT Private Diesel
    [Show full text]
  • 'Range Anxiety' in Electric Vehicles
    SEASON 7 Overcoming ‘Range Anxiety’ in Electric Vehicles Entry challenge Caselet The Indian Automotive Industry is currently in a growth stage. The automobile pro- duction and sales (in India) is expected to grow at higher rates over the next decade than in most other auto hubs. However, with each make of auto product, additional combustion-engine-based vehicle we manufacture and use, we will be adding car- bon dioxide and other pollutants, using additional fuel, and putting excessive load on our already saturated city infrastructure and traffic. According to a no. of studies, Electric Vehicles (EVs) are less polluting, have better total-cost-of-ownership (TCO) and are expected to rapidly become affordable for Indian Customers. However, range in electric vehicles always troubles the driver with the thought of whether he will be able to make it to the destination without running out of battery (charge), hence the term Range Anxiety was coined. In fact based on a study, Range Anxiety was considered as the primary barriers for Electric Vehicle buying. The data in Table no. 1 clearly shows about delineation of EV Cars options currently available in India. While companies like Tesla and Nissan is offering the EV range greater than 200 kms, the cost goes beyond the affordability range in an already cost sensitive Indian Market. Where? Vehicle? Range Cost Tata Tigor Electric 100 km Rs. 12 lakhs India Mahindra eVerito 110 km Rs. 10 lakhs Mahindra e2o Plus 110 km to 140 km Rs. 7.5 – 8.5 lakhs Table no. 1: Indian Electric Vehicles Electric vehicle range depends on the way energy is gained and the way energy is consumed.
    [Show full text]