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Delhi Takes the Lead with Landmark EV Policy Rs 100 pEssentialro readingfe fors thes Automotiveion industryal Vol. 16 No. 17 Total pages: 56 15 August 2020 www.autocarpro.in BRAND FINDER E-MOBILITY SPECIAL E-TWO-WHEELERS Ampere Electric ................. 5 ARAI ...................................40 Ashok Leyland ..... 6, 25, 47 Ather Energy ...................... 5 Central Pollution Control Board..................................40 Centre for Auto Policy & Research .....................40, 54 Centre for Science and Environment .....................23 Daimler India Commercial Vehicles ...................... 42, 50 Srivaru Motors to Deloitte...............................35 Eicher Motors ..................... 3 launch its first e-bike Faradion .............................34 Coimbatore-based Greaves Cotton .................22 start-up scripts major plan Guidance TN ......................42 Hero Electric ................. 5, 21 for electric mobility Page 28 Hitachi ABB Power Grids 24 Hyundai Motor India 4,7, 42 INFRASTRUCTURE India Yamaha Motor .........42 Infraprime Logistics Technologies ......................34 IOCL R&D Centre ..............40 Jitendra New EV Tech......22 JRC European Commission .......................40 Delhi takes the lead Kia Motors India .............4, 8 Mahindra & Mahindra 15, 49 Mahindra Electric ..............21 Maruti Suzuki with landmark EV policy Hitachi ABB Power India ........................ 4, 12, 40 Comprehensive policy targets 500,000 electric vehicles, 25 percent Ministry of Road Transport Grids targets CV biz & Highways .................. 5, 23 electrification of new fleet on Delhi roads by 2024 and addresses the Full ‘grid-to-plug’ solution Nexzu Mobility India ........22 entire EV eco-system, offers buyer incentives as well as a first-in- enables operators to charge Okinawa Scooters ........ 5, 22 Royal Enfield .....................42 India scrappage scheme. Will it have a national impact? Page 16 more with less Page 24 SAE India ...........................40 SIAM ...............................7, 42 ENVIRONMENT IN FOCUS SMEV...................................21 Sodion Energy ...................32 CV OEMS AND Srivaru Motors ..................28 UN raises red flag about EV TELEMATICS Tata Motors .......................14 TVS Motor Co ....................42 Enhancing efficiency, US Geological Survey ......37 batteries’ green quotient productivity, safety Page 46 VE Commercial Vehicles ......................... 3, 46 Though electric NEW KIA SONET Volta Trucks......................... 6 vehicles have no Volvo Bus India ................... 3 Looks set to carry on the tailpipe emissions, Volvo Group India ............... 3 winning streak Page 8 extraction of lithium and other battery MAHINDRA TRACTORS SPOTLIGHT raw materials pose M&M on track to reap a good socio-economic harvest in FY2021 Page 15 VECV acquires and environmental Volvo India’s bus implications that INDIA SALES: JULY business need to be addressed Page 3 Uptick in PVs, 2-wheelers Page 36 but CVs flounder Page 7 EXCLUSIVE: CAN SODIUM-ION BATTERIES BE AN ALTERNATIVE TO LITHIUM-ION TECH? PAGE 32 COVER - augut 15-2020.indd 1 8/17/2020 2:25:52 PM intoreum.inddad.inddINDUCOTRUM.indd 17 16 5 8/6/20206/30/20202/26/2020 12:23:03 1:51:537:26:54 PM PM INDUTOREM.indd 5 1/27/2020 3:05:36 PM NEWS EXCLUSIVE EDITORIAL Managing Editor Ajit Dalvi Executive Editor Sumantra B Barooah Special Correspondents Mayank Dhingra (New Delhi), Shahkar Abidi (Mumbai) Correspondents Nilesh Wadhwa (Mumbai), VECV to acquire Volvo Sricharan R (Chennai) Copy Editor Sumana Sarkar Assistant Art Editor Pralhad Kusuma Photographers Paul Dewars, Ardeshir Ashley Baxter, Kuldeep Chaudhari, Omkar Dhas Manager — Administration & Office Affairs G K Singh (Gurugram) India’s bus business VE COMMERCIAL Vehicles Akash Passey to head new AD SALES (VECV), a subsidiary of VECV Bus Division B2B Business Head Sudhanva Jategaonkar National Head Atul Patil Eicher Motors, has entered Akash Passey, senior VP, Senior Manager Ashish Sahay (North) into a business transfer Volvo Bus Corporation, will Advertising Coordinator Sonal Jain Manager — Marketing Avinash Bhakre agreement with Volvo join as the president of the Production Manager Prasad Gangurde Group India to acquire Volvo newly formed VECV Bus General Manager — Circulation Bus India (VBI), the bus Division. He will repatriate Gilbert D'Souza Head — Circulation (South — Chennai) business of Volvo Group to India for this role and P Vijayakumar (Cell: 94442 88134) (VGIPL) for Rs 100.5 crore. report to Vinod Aggarwal, Regional Manager — Circulation (North) The agreement entails MD and CEO, VECV. Passey Vimal Sharma Manager — Subscription manufacture, assembly, said, “Going forward, Ganesh Jadhav distribution and sale of Volvo customers and partners Customer Care buses in India, and other can expect the same high [email protected] rights forming part of the level of customer care and CONTACT US business by VECV. Newly formed VECV Bus Division will offer Volvo and Eicher world-class products from Mumbai: Raheja Xion, 4th/5th floor, Opposite After the completion of branded buses and will maximise synergies to capitalise on growth. both Volvo and Eicher Nirmal Park, Dr B Ambedkar Marg, Byculla East, Mumbai 400 027 Tel: 022-23787500 the transaction, VECV and brands. The new division e-mail: [email protected] VBI will consolidate their will also engage further in Gurugram: Unit No. 104 & 105, bus businesses into a newly the dynamic Indian market Veritas Business Suites, Golf Course Road, Sector 53, Gurugram, Haryana 122003 formed bus division within driven by megatrends such Tel: 0124-6445100 VECV. This division will offer as urbanisation, e-mobility Bangalore: No. 811, ‘A’ Wing, 8th Floor, Mittal Volvo- and Eicher-branded and connectivity.” Tower, M G Road, Bangalore 560001 Tel: 080-40954311 buses and will maximise According to Passey, Hyderabad: No. 6-1-144, Nirmal Bhavan, synergies to capitalise on while Volvo has electric Ground Floor, Street No 9, Walker Town, market opportunities. This buses globally, the Indian EV Padmarao Nagar, Secunderabad 500 025 strategy will be extended industry is still at a nascent News-Stand Price: Rs 100 to exports, wherein the stage for VECV to look at it. Subscription Rates 1 year — Rs 1,680/- , new bus division will offer But it will not shy away from 2 years — Rs 2,880/- , 3 years — Rs 3,600/- (plus Vinod Aggarwal: “VECV will be Akash Passey: “The new Rs 35 for cheques not drawn on a Mumbai bank). products and services able to leverage synergies with division will engage in bringing new products as and Cheques to be drawn in favour of that are complementary the Volvo Group in product megatrends such as when it sees the electric bus 'Haymarket SAC Publishing India Pvt Ltd '. with Volvo Buses’ core market maturing. International Subscription Rate development, purchasing urbanisation, e-mobility and US$80 for one year product portfolio in select and manufacturing.” connectivity.” international markets. FAST FACTS The publisher makes every effort to ensure Speaking on the transport solutions to our customer needs for heavy, l The new bus division that the magazine's contents are correct. However, he can accept no responsibility for announcement, Siddhartha customers.” medium and light duty will offer a full range any effects from errors or omissions. Lal, chairman, VECV said, Hakan Agnevall, buses.” of modern buses Unsolicited material — including photographs “This is testimony to a very president, Volvo Bus Vinod Aggarwal, MD covering customer and transparencies — is used in Autocar Professional, but it is submitted entirely at strong relationship between Corporation said, “We and CEO, VECV added, needs for heavy, the owner's risk and the publisher accepts no Eicher Motors and Volvo are pleased with this “VECV’s strong presence medium and light responsibility for its loss or damage. All material Group. The Volvo brand for development of Volvo in the Indian bus market duty buses published in Autocar Professional is copyright and unauthorised reproduction is forbidden. buses in India has become Buses in India and see it as with Eicher-branded buses l Offer products Printed and published by Hormazd Sorabjee synonymous with safety an opportunity to further will be complemented by and services on behalf of Haymarket SAC Publishing (India) and comfort in both inter- build upon the successful JV Volvo Buses’ prominent complementary with Pvt Ltd, Raheja Xion, 4th/5th floor, Opposite Nirmal Park, Dr B Ambedkar Marg, Byculla East, city and intra-city public company — VECV. position in the premium Volvo’s core portfolio. Mumbai 400 027 transportation, and we are By consolidating the bus segment. With this l Transaction expected Printed at Indigo Press ( India ) Pvt Ltd, Plot No. 1, extremely proud to have this operations of Volvo Buses integration, VECV will be to be closed within C/7 16, Off Dadoji Konddeo Cross Road, between iconic brand in our India into VECV, we aim able to leverage synergies the next two Sussex and Retiwala Industrial Estate, Byculla (East), Mumbai 400 027 joint venture. With the to further develop our bus in the areas of product months. Includes Published at Haymarket SAC Publishing (India) integration of Volvo Buses business and strengthen development, purchasing bus manufacturing Pvt Ltd, Raheja Xion, 4th/5th floor, Opposite India into VECV, we aim our position in the Indian and manufacturing with facility at Hosakote, Nirmal Park, Dr B Ambedkar Marg, Byculla East, to shape the future of the bus market. The
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