• The Supply Chain Report- From Industry Magnates Lense

    The automotive industry globally and in India is the worst hit by the Covid-19 pandemic. The production losses of components like semiconductors created persisting shortages upsetting production and delivery schedules of auto OEMs the world over. In this background, the industry magnates are looking at the viability of the present supply chain systems and single-sourcing destinations. Some say the just-in-time supply model is cost-effective and efficient while others argue that it is time to do away with it. Global companies are thinking of a China plus one production hub strategy. India has a great opportunity. But Southeast Asia is emerging as a strong bidder. Discussions are on and open exploring new possibilities and potentially more successful supply chain models.

  • Leadership rejig at Ashok Leyland verticals

    Sanjay Saraswat took over the reins of the OEM’s M&HCV business from COO Anuj Kathuria from the beginning of this month. Saraswat, who was earlier heading the bus business, will also be responsible for the company’s aftermarket and driver training institute verticals.

  • Bosch joint MD, CFO resigns

    In a regulatory filing, the company said Srinivasan has conveyed his "decision to opt for early retirement for personal reasons with effect from April 1, 2022 and resignation from his current position as Joint Managing Director & Chief Financial Officer of Bosch Ltd with the close of business hours on December 31, 2021."

  • Ashok Leyland to enter CNG truck segment in Q4; continues to work on other alternatives

    The Chennai-based truck maker has clear plans to launch trucks in the intermediate commercial vehicle segments powered by compressed natural gas (CNG) for the domestic market in the fourth quarter of fiscal 2021-22. The company is also continuing its works on hydrogen-powered commercial vehicles, and is open to bringing in private equity players to invest in EV business, top officials of the company said during a post-earnings media call on Tuesday.

  • Legacy players warm up to EVs amid startup rush

    Even as startups like Ola Electric and Ather Energy disrupt the electric vehicle space, legacy two-wheeler makers Hero MotoCorp, Bajaj Auto, TVS Motor and Honda Motorcycle & Scooter India are readying up or have defined an aggressive roadmap to keep lead and ride on the increasing popularity of clean vehicles.

  • ‘Hydrogen production can also be spread across the country, like milk and sugar production'

    Technology companies are increasingly playing crucial roles in the automotive industry’s efforts to be more advanced and at the same time become greener too. In this episode of Target Net Zero, Ravi Pandit, Co-founder & Chairman, KPIT Technologies, and Chairman, Sentient Labs, discusses with Sumantra Bibhuti Barooah the various technology routes that the automotive and mobility industries can take in their journey towards net zero carbon footprint. The veteran technocrat also talks about a possible disruption that Sentient Labs may create in the EV battery technology space soon.

  • Record fuel costs convince scooter-loving Indians to go electric

    With two-wheelers accounting for 80% of vehicle sales in a country where public transportation is inadequate and cars are out of reach for most, the potential for growth in the electric segment is enormous: BloombergNEF expects electric motorcycles and scooters to account for 74% of all such vehicles sold by 2040, up from less than 1% now.

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