India’s First all electric Crossover bike, Volta Zap

First of its kind all electric crossover bike to be entirely designed developed and manufactured in India, Volta Zap is ready for launch on this August 5. A Chennai based startup company Volta Motors founded by Anoop Nishanth is working on sustainable mobility solutions and last mile connectivity products. The bike is ready for test rides, you can book for a test ride here

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Chennai based company VOLTA MOTORS has come up with a new Crossover electric bike- Volta Zap. The product is completely designed and developed in India, boldly representing the Make In India policy. The product is built considering all the parameters like design, engineering, overall weight balance, Center of Gravity, placement of batteries etc. eliminating the failures present in existing e-bikes in the market. The overall usage cost of Volta ZAP is claimed less than 10 paise per km which is very economical when compared to the usage cost of other two-wheelers and especially other electric bikes.

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The battery of Volta Zap weighs just 3kgs which is claimed to be the lightest battery for an E-bike till date. This provides easier access and portability for the user to charge the battery anywhere, anytime. A purpose-built box frame, first of its kind in India, allows you to quickly insert and remove the battery in and out comfortably which give a peace of mind for people living in the urban areas. The frame is developed to provide even weight balance and distribution.

The Volta Zap is the first cross-over electric bike in India, it is also the first purpose-built E-bike designed for Indian road conditions unlike any other e-bikes which are available in the market. The Pedal assist feature helps the user to pedal the bike with an ease as it gives 3 full cycle wheel rotation for every single pedal rotation made. The LED reflectors placed on the bike makes it safer to ride during nights.

Integrated facilities for smart phones with customizable body panels and a wide range of colour choices make the product even more attractive. Since there is no license and registration process involved, the product reduces unnecessary customer strains for transferring the product all over India. The company is going to launch the new Volta Zap on 5th August 2016 in Bangalore, test rides will begin from the same place.

via: BikesIndia

Tata Motors to help Volkswagen develop an Economy Car for emerging markets

One might wonder why Volkswagen approaches Tata Motors to develop a car. Volkswagen has been working on a budget car project since years but failed to keep the costs under control and hence approached Tata Motors(known for developing the world’s cheapest car Nano) for help.

595The auto giant Volkswagen plans to restart its small car project Budget Car. VW management is in talks with with Tata Motors, Manager Magazin reported in its latest issue (release date: July 22).

The Indian automaker should develop the model completely or partially for VW, according to the Wolfsburg Volkswagen headquarters. VW has been working on the project own their own since years. The Budget Car is designed for entry level markets like China and India. For the restart it was internally renamed Economy Car.

The developed in the past model approaches were repeatedly stopped. The VW developers did not get especially the costs under control. The car will be offered cheaper than the previously smallest VW model. The responsibility for the current project lies with brand chief Herbert Diess. Discussions on the possible development contract to Tata would however will be looked after by corporate strategy chief Thomas Sedran.

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The German carmaker has repeatedly tried its hand at the compact car segment including a partnership with Japan’s Suzuki Motor Corporation but failed to crack the intensely competitive market. Tata Motors on the other hand successfully developed and launched one of the world’s cheapest cars Nano, highlighting its expertise in low cost vehicle development.

via: Manager Magazin

Finally, Maruti to launch Super Carry within this year – says R C Bhargava

Tata Ace and Mahindra Maxximo to get a new rival from Maruti in the form of Super Carry. Until now the segment is dominated by Tata, Mahindra and Ashok Leyland. Have to see how Maruti will fare in the commercial segment.

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Maruti’s LCV Super Carry  is code named Y9T will be launched this year.

According to Economic Times, Maruti’s chairman R C Bhargava confirmed that the Super Carry will be launched in India within this year.

Super Carry was scheduled to be launched much earlier but was delayed due to re-engineering works.

According to the report, the delay was due to the wrong understanding of the load factor by Maruti. “We could not understand the load factor in the segment. Unlike a car, where you can seat four-to-five people with some luggage, an LCV gets abused in the Indian market. A one tonne truck often carries 1.5 tonne,” the executive said, citing the firm’s inexperience in the Indian LCV market and its inability to read attributes of the vehicle properly as the reasons for the delay.” said the company executive.

“First time in over 30 years of company’s history, a product is delayed,” said a top company executive directly involved with the matter, on condition of anonymity.

Interestingly India made Super Carry is on sale at Tanzania since June this year, where unlike in India the trucks are loaded as per their capacity rating. The export version is powered by 1.2 liter  72ps petrol  engine.

The Indian version Super Carry will come equipped with two engine options, 1200cc  petrol  engine and 800cc diesel in different tune from the export version. 800cc diesel is already on duty on Celerio.

via: Economic Times

Kia Motors to finalize it’s plant location in India by this August

Hyundai’s sister company Kia Motors to zero in on it’s plant location in India by August. Production to start in 2019 with initial capacity of 3 lac vehicles.

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According to Reuters, South Korea’s Kia Motors Corp is expected to pick a site next month for its first factory in India, stepping up plans to start making cars in one of the world’s fast-growing auto markets, two people familiar with the matter said.

The move would enable Kia to leverage the existing supplier base of its affiliate Hyundai Motor Co, India’s second-biggest automaker by sales. The proposed factory would start production in 2019 and eventually have capacity to make 300,000 Kia vehicles a year, one of the people told a major bet for a firm that sold 3.05 million vehicles last year.

The Korean pair, jointly the world’s No.5 carmaker, are chasing new business after missing annual targets in 2015 for the first time since the 2008 global financial crisis. Their combined sales fell 2 percent in first-half 2016, hit by weakness in markets like China, Russia and Brazil.

India is likely to become the world’s third-largest car market by 2020, according to IHS, up from fifth place now, with annual sales nearly doubling to about 5 million vehicles from 2.7 million in 2015.

The size of Kia’s investment has yet to be decided, one of the people said, declining to identify which models will be produced at the factory. Kia is best known as a maker of relatively inexpensive cars, like the Rio sub-compact.

Three sites are under consideration for the plant, and Kia may announce the plan in September after deciding on a location in August, the second person said.

The people spoke on condition of anonymity because the project was confidential.

The states of Andhra Pradesh, Maharashtra and Gujarat have all been wooing Kia, according to two other people with knowledge of the matter. One of the two, an official with the Andhra Pradesh administration, said the state – which neighbors Tamil Nadu, home of Hyundai’s existing plants near Chennai – is the frontrunner.

Kia said in a statement to Reuters on Thursday that it was “continually evaluating potential locations for overseas manufacturing facilities, including India, to secure additional engines for future growth. However, as of now no concrete plans have been finalised.”

MARUTI CHALLENGE?

Hyundai started India production nearly two decades ago and has two factories in India that make cars for the domestic market and for export to Europe and elsewhere.

The firm trails only Maruti Suzuki India Ltd in sales in India, and has an extensive service and dealer network that gives it an advantage over global rivals that have struggled to build market share including General Motors, Toyota Motor Corp and Volkswagen.

Kia’s South Korea factories accounted for 57 percent of its sales last year. It also has plants in China, the United States and Slovakia, and its first Mexico factory began production earlier this year.

For the time being most cars sold in India are small. Hyundai sells several low-priced vehicles in the country, which could present a challenge in terms of market positioning for Kia, which would not want to cannibalise Hyundai sales.

Hyundai shares parts and vehicle underpinnings with Kia, which Hyundai bought at the height of the Asian financial crisis in 1998. Differentiating their brands has been a challenge, as they compete in similar segments and markets.

via: Reuters

Hero MotoCorp to phase out all the models under licensing agreement with Honda

Ignitor, Impulse, Passion xPro, Maestro are going to be phased out by April 2017

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India’s largest two-wheeler maker, Hero MotoCorp will terminate sales of some of its models like the Maestro, Ignitor, Impulse and Passion xPro which were acquired under a licensing agreement with former partner Honda. The discontinuation will happen by the end of the current financial year.

According to Hero, they has achieved a significant milestone by launching the all-new Splendor iSmart 110. The automaker believes it has sufficient capability to develop new products for global customers. Hero has already got the Maestro Edge to replace the older version of the Maestro while sales of two-wheelers like the Ignitor, Impulse and Passion xPro is limited.

Recently the company launched its first in-house designed and developed motorcycle, the Splendor iSmart 110, which has a price tag of Rs. 53,000/- (ex-showroom, Delhi). Also, the company is looking at replacing its old models with new models developed on its own new technology.

The Hero Splendor iSmart 110 comes with an all-new engine developed at the company’s innovation centre in Jaipur. Hero MotoCorp has designed the new chassis and body for the new Splendor which results in savings on royalty payments to Honda.

The world’s largest selling 2-wheeler brand is planning to enter 50 new markets while setting up 20 manufacturing facilities across the globe, targeting an annual turnover of Rs. 60,000 crores by the end of this decade. However, due to some uncertain economic conditions in Africa, Latin and Central America, Hero MotorCorp has been facing some heat in its global ambitions.

Indian Govt is in talks with Tesla motors; Offered land to establish a factory.

Nitin Gadkari visits the Tesla electric car manufacturing unit, in San Francisco

Indian government was committed to encourage pollution-free transport by providing incentives to bio-fuel, CNG, ethanol and electric vehicles. And also encouraging Indian carmakers to make investments in that direction.

Less than a year after Prime Minister Narendra Modi visited Tesla’s state-of-the-art factory in Fremont, California, his government has invited American electric car maker to set up a manufacturing hub for South and South East Asia in India.Nitin Gadkari, minister of road transport and highways, who visited the company’s San Francisco factory on Friday, offered land near major Indian ports to facilitate exports, an official statement said.The minister offered to promote joint ventures between the global leader in electric car technology and Indian automobile companies to introduce pollution-free road transport in India.Gadkari not only showed interest in electric cars but also battery-powered commercial and public vehicles. He said Indian government was committed to encourage pollution-free transport by providing incentives to bio-fuel, CNG, ethanol and electric vehicles.

The official statement quoted a senior Tesla executive as saying, the Indian government’s offer would be considered at an appropriate time.Replying to a query from the highways minister regarding manufacturing of electric trucks, buses and two-wheelers, Tesla said they plan to manufacture trucks and pick-up vans but not buses and two-wheelers. Tesla team evinced interest in knowing about subsidy on electric vehicles in India. Gadkari asked the company executives to outline their proposal for entry into India.

As part of his Silicon Valley visit last year, Modi had toured Tesla factory in California. Tesla CEOElon Musk showed Modi the cutting-edge robotic auto assembly plant. The PM was also shown the inside of a lithium-ion battery pack, which powers Tesla’s cars.

Musk and Modi had said they saw batteries and solar panels as the future of electricity generation in India. Musk, also CEO of SpaceX, had said, just like India skipped landlines and went straight to cell phones, it could skip traditional grid power and adopt distributed solar and battery packs.

Even though Tesla cars have become quite popular among some of the wealthiest Indians, there is still no infrastructure of electric cars in India. According to analysts, there was a huge potential for Tesla’s batteries combined with solar panels in India. Tesla’s grid batteries have also found overwhelming demand across the world.

“Given high local demand, a Gigafactory in India would probably make sense in the long term,” Musk had told reporters after Modi’s visit. Electric cars use lithium ion batteries and a manufacturing facility for such batteries is called Gigafactory.

Indian carmakers have also shown keen interest in partnering with Tesla to popularize electric cars and develop infrastructure. On the other hand, In China, Tesla has 15 stores and there are about 350 Superchargers and more than 1,600 destination chargers.

On Thursday, Musk, announced that he was close to releasing “Top Secret Tesla Masterplan, Part 2.” The new corporate manifesto is likely to connect the dots between Tesla’s myriad projects, including its proposal to acquire solar installer SolarCity Corp. Tesla’s website, which historically has focused on clean transportation, now said the mission was to “accelerate the world’s transition to sustainable energy.”

Speculation about the future of the company — a potential green conglomerate that integrates rooftop solar, energy storage and increasingly autonomous, fully electric cars — has sparked imaginations of analysts and boosted confidence. That’s despite a customer using Tesla’s Autopilot driver-assist technology being killed in a crash in Florida, subsequent safety and possible securities investigations, the defection of a manufacturing executive to Facebook and missing yet another sales target.

In August 2006, Musk published “The Secret Tesla Motors Master Plan,” which laid out the rationale for building increasingly affordable electric cars while also providing zero-emission electric-power generation options. But it’s not just about the cars. Tesla has always focused on the vehicles as well as their fuel — in this case their growing network of Supercharger stations and efforts to increasingly clean the electric grid that powers them.

And while the mission of the company has historically been to “accelerate the advent of electric transportation,” Tesla’s website now said the mission is about sustainable energy.

“Tesla is not just an automaker, but also a technology and design company with a focus on energy innovation,” says the website. In a call with analysts last month, Musk talked about the need for the Tesla Powerwall for the home to be designed in tandem with solar panels, as one integrated, Tesla-branded system. He was as bullish on solar as he has been on electric cars.

“Like, only about 1 per cent of US homes have solar, so you have a massive addressable market that’s unserved and there’s at least 40 million to 60 million households that where solar — where they could do solar if they wanted to,” said Musk. “So if the economics were right and they like the aesthetics and it was easy to do, then they would do it. So the future market there is really gigantic.”

In 2013, India introduced a National Electric Mobility Mission Plan (NEMMP) to have six million electric vehicles, including two-wheelers, by 2020. Government aims to provide fiscal and monetary incentives to popularise the nascent technology. If this plan becomes a reality, India could save 9,500 million litres of crude oil equivalent to Rs 62,000 crore savings.

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* Tesla Motors was founded in 2003 by a group of engineers, including Elon Musk, in Silicon Valley. Before Tesla, Musk founded X.com in 1999, SpaceX in 2002
* Musk made headlines in May 2012 when SpaceX launched a rocket that would send the first commercial vehicle to the International Space Station
* In late 2014, Musk unveiled two dual motor all-wheel drive configurations of Model S that further improve the vehicle’s handling and performance
* Over 50,000 vehicles were manufactured by Tesla, till last year. They are produced at the company’s factory in Fremont, California
* The Tesla Factory has returned thousands of jobs to the area and is capable of producing 1,000 cars a week, according to information on the company’s official website. The same factory was previously home to New United Motor Manufacturing Inc., a joint venture between Toyota and General Motors
* Tesla is expanding its manufacturing footprint into other areas, including in Tilburg, the Netherlands, where it has an assembly facility, and Lathrop, California, where it has a specialized production plant
* According to some international media reports, Tesla plans to double its total production output to 500,000 vehicles in 2018 and 1 million in 2020

Source: Business-Standard