ETAuto

30/07/2024

We’re thrilled to welcome Abhinav Singh, Vice President of Operations at Amazon.com India, to The Economic Times Supply Chain & Logistics Conclave 2024! Join us to hear his insights on optimizing operations and driving efficiency in the supply chain.

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30/07/2024

Good morning 🌞

Here is your daily dose of updates & stories in the automotive industry.

-Better late than never, says Ola's Bhavish Aggarwal on 'incumbent' 2W OEMs entry into EV space

-Simple Energy raises USD 20 mn in Series A funding round

-NHAI sets up an asset monetisation cell; aims to achieve over INR 50k cr monetsiation target for 2024-25

-MapMyIndia Accuses Ola Of Data Theft To Build Maps, Sends Notice Inc42 Media

Read all this and more👇
https://auto.economictimes.indiatimes.com/etnewsletter.php

29/07/2024

Better late than never, says Ola’s Bhavish Aggarwal on ‘incumbent’ 2W OEMs entry into EV space

The serial entrepreneur and Ola Electric’s Chairman and CEO maintains that industry-wide effort is key to the EV game. He opines that the ‘winning strategy’ for EV is different from the ICE (internal Combustion Engine) vehicle business.

Read more:
https://auto.economictimes.indiatimes.com/news/two-wheelers/better-late-than-never-says-olas-bhavish-aggarwal-on-incumbent-2w-oems-entry-into-ev-space/112114071

Ola Electric

Bhavish Aggarwal: The serial entrepreneur and Ola Electric’s Chairman and CEO maintains that industry-wide effort is key to the EV game. He opines that the ‘winning strategy’ for EV is different from the ICE (internal Combustion Engine) vehicle business.

29/07/2024

Electric IPO and Bhavish Aggarwal’s 2-pronged strategy for sustainable growth

“We have already built a market position for us in the EV space. We are also getting there in terms of margin of leap, as the rest are far behind,” said.

Read more:
https://auto.economictimes.indiatimes.com/news/two-wheelers/ola-electric-ipo-and-bhavish-aggarwals-2-pronged-strategy-for-sustainable-growth/112113300

Ola Electric IPO: “We have already built a market position for us in the EV space. We are also getting there in terms of margin of leap, as the rest are far behind,” Bhavish Aggarwal said.

29/07/2024

We’re excited to welcome our distinguished speakers at The Economic Times Supply Chain & Logistics Conclave 2024! Join us to hear from industry leaders and experts who will share their valuable insights and innovative strategies.

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29/07/2024

Unlock unparalleled networking and learning opportunities at The Economic Times Smart Factory Summit 2024! Connect with industry leaders, innovators, and experts while exploring the latest advancements in smart manufacturing. This is your chance to gain valuable insights and build meaningful relationships. Don’t miss out!

Register Now - https://bit.ly/3xPCOyk

29/07/2024

We’re excited to welcome Piyush Aggarwal, Head of Supply Chain at JACPL , to The Economic Times Supply Chain & Logistics Conclave 2024! Join us to gain valuable insights from his expertise in supply chain management.

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29/07/2024

India is still some time away from experiencing

The automotive industry is witnessing a surge in with . For experiencing V2X technology at a large scale in India, people will have to wait for a few more years as per industry experts.

Read more:
https://auto.economictimes.indiatimes.com/news/auto-technology/india-is-still-some-time-away-from-experiencing-v2x-technology/112093862

The automotive industry is witnessing a surge in connected vehicles with V2X technology. For experiencing V2X technology at a large scale in India, people will have to wait for a few more years as per industry experts.

29/07/2024

Good morning 🌞

Here is your daily dose of updates & stories in the automotive industry.

-India is still some time away from experiencing V2X technology

-Investors rush to find anchor in Ola Electric IPO; local, foreign cos sign up for likely USD 350mn book

-Top 10 most valued auto companies in the world: Tesla leads the pack

-Despite incentives for EVs, Hybrid and CNG vehicles will sell more in the medium term: UBS

Read all this and more👇
https://auto.economictimes.indiatimes.com/etnewsletter.php

27/07/2024

Profitability Vs Sustainability: What’s in the store for car dealerships in 2024?

In a time marked by high inventory levels and evolving consumer preferences, we explore how dealerships and manufacturers are strategizing for sustainability alongside profitability. From the resurgence of discounting strategies to technological advancements and regulatory impacts, this special episode will provide key insights into the future of automotive retail.

Watch this insightful discussion as we delve into the current dynamics shaping the car dealership industry in 2024.

Watch at:
https://auto.economictimes.indiatimes.com/videos/profitability-vs-sustainability-whats-in-the-store-for-car-dealerships-in-2024/112056102

27/07/2024

India will need to be vigilant if it opens its doors to Chinese makers

The recent has clearly indicated that the time has come to encourage Chinese investments as part of India’s endeavour to be part of the global supply chain. Whether this will mean allowing Chinese remains to be seen though there is a good reason to let this happen.

Read more:
https://auto.economictimes.indiatimes.com/news/industry/india-will-need-to-be-vigilant-if-it-opens-its-doors-to-chinese-cvs/112055543

India And China Relationship: The recent Economic Survey has clearly indicated that the time has come to encourage Chinese investments as part of India’s endeavour to be part of the global supply chain. Whether this will mean allowing Chinese electric vehicles remains to be seen though there is a ...

27/07/2024

Good morning 🌞

Here is your daily dose of updates & stories in the automotive industry.

-India will need to be vigilant if it opens its doors to Chinese EV makers

-Government extends EMPS by 2 months, increases funding to INR 778 crore

-India is among fastest growing markets for BMW Group: Jean Philippe Parain

-Surging shipping costs give companies a sinking feeling

Read all this and more👇
https://auto.economictimes.indiatimes.com/etnewsletter.php

26/07/2024

Government extends by 2 months, increases funding to INR 778 crore

The has been extended by two months to September 30, with an increased outlay of INR 778 crore. The extension comes due to delays in finalizing the third edition of the . EMPS will support over 560,000 , including two-wheelers and three-wheelers. Issues in subsidy roll out were also noted.

Read more:
https://auto.economictimes.indiatimes.com/news/industry/government-extends-emps-by-2-months-increases-funding-to-inr-778-crore/112048543

The Electric Vehicle Promotion Scheme has been extended by two months to September 30, with an increased outlay of INR 778 crore. The extension comes due to delays in finalizing the third edition of the FAME scheme. EMPS will support over 560,000 electric vehicles, including two-wheelers and three-w...

26/07/2024

Suzuki Motorcycle India recalls 4 lakh vehicles for safety checks

The affected models include Access 125, Avenis 125, Burgman 125, and V-strom 800DE.

Read more:

https://auto.economictimes.indiatimes.com/news/two-wheelers/suzuki-motorcycle-india-recalls-4-lakh-vehicles-for-safety-checks/112047373

26/07/2024

We’re delighted to welcome Manoranjan Kumar, Chief Ports Officer at ArcelorMittal Nippon Steel India (AM/NS India), to The Economic Times Supply Chain & Logistics Conclave 2024! Join us to gain insights from his expertise in port operations and logistics management.

Express Interest - https://bit.ly/3RLICji

26/07/2024

We’re thrilled to welcome Phaneesh S Prakash, Business Head at Porter, to The Economic Times Supply Chain & Logistics Conclave 2024! Don’t miss his insights on transforming logistics through innovation and technology.

Express Interest - https://bit.ly/3RLICji

26/07/2024

🌟 Join us at the Virtual Conference on Driving Innovation Across the Hydrogen Value Chain! Discover the future of hydrogen from production to utilization with industry experts and thought leaders.

Learn about technology trends, regulatory policies, and the crucial role of simulation in optimizing hydrogen processes.

Don't miss out on this opportunity to explore hydrogen's potential in achieving net-zero goals! 🌍🔋

Register Now: https://www.ansys.com/webinars/driving-innovation-across-hydrogen-value-chain

26/07/2024

We’re excited to welcome Akash Gupta, Co-founder & CEO of Zypp Electric - Last Mile Delivery, to The Economic Times Supply Chain & Logistics Conclave 2024! Don’t miss his insights on sustainable logistics and the future of electric mobility.

Express Interest - https://bit.ly/3RLICji

26/07/2024

Amid rising inventory levels and evolving consumer preferences, we explore how dealerships and manufacturers are balancing sustainability with profitability. This special episode covers the revival of discounting strategies, technological innovations, and regulatory influences, offering key insights into the future of automotive retail.

Join us for an informative webinar as we discuss the current trends shaping the car dealership industry in 2024.

Date and Time: 26th July 2024, 4:00 PM - 5:00 PM IST

Register Now: https://auto.economictimes.indiatimes.com/webinar/special-episode-whats-in-the-store-for-car-dealerships-in-2024/2862

26/07/2024

India is among fastest growing markets for BMW Group: Jean Philippe Parain

BMW Motors India is going aggressive with several launches planned this year. The German luxury carmaker recently launched LWB, S, EV, luxury electric scooter -04 to further accelerate sales in India. In an exclusive interview with ETAuto,

Jean-Philippe Parain, Senior Vice President of Sales for Regions Asia-Pacific, Eastern Europe, Middle East and Africa at BMW Group highlights the importance of the Indian market as well as talked about its electrification journey in India and globally.

Watch at:
https://auto.economictimes.indiatimes.com/videos/india-is-among-fastest-growing-markets-for-bmw-group-jean-philippe-parain/112037429

BMW India is going aggressive with several launches planned this year. The German luxury carmaker recently launched BMW 5 Series LWB, Mini Cooper S, Countryma..

26/07/2024

Take advantage of the Extended Early Bird Discount for The Economic Times Smart Factory Summit 2024! Secure your spot now and save on registration. Don't miss this chance to explore cutting-edge innovations and connect with industry leaders.

Register Now - https://bit.ly/3xPCOyk

26/07/2024

🚸 Envalior's StreetSmarties campaign, in partnership with ETAuto, arrives in Pune to educate pre-primary children on road safety.
With engaging activities and creative slogans, we're fostering a safer future. 🌟

26/07/2024

Pune's young minds lead the way in

After successful workshops in Delhi-NCR, Gujarat, Bangalore, and Mumbai, the has brought its mission to Pune, a city known for its educational and cultural significance. With being a pressing concern and thousands of lives lost to traffic accidents each year, Envalior is dedicated to making a difference through education.

Read more:
https://auto.economictimes.indiatimes.com/news/industry/punes-young-minds-lead-the-way-in-road-safety/112035958

26/07/2024

bets big on Star to charge up electric scooter space

Dr. Yogesh Bhatia, MD & CEO, says his team has been working hard to ready a product that will stand out in the rapidly growing e-scooter arena. Whether this will work according to plan is the million dollar question.

Read more:
https://auto.economictimes.indiatimes.com/news/two-wheelers/lml-bets-big-on-star-to-charge-up-electric-scooter-space/112029084

26/07/2024

Logistics cost remain a concern for auto component industry: ACMA

Amid the positive export demand, remains a major concern, as there are issues related to conflicts such as the which is directly affecting the demand and supply chain for auto components.

Read more:
https://auto.economictimes.indiatimes.com/news/auto-components/logistics-cost-remain-a-concern-for-auto-component-industry-acma/112029249

ACMA

Auto Component Industry: Amid the positive export demand, logistics remains a major concern, as there are issues related to geopolitical conflicts such as the Red Sea crisis which is directly affecting the demand and supply chain for auto components.

26/07/2024

Good morning 🌞

Here is your daily dose of updates & stories in the automotive industry.

-Logistics cost remain a concern for auto component industry: ACMA

-Tata Motors market capitalisation exceeds INR 4 lakh cr

-Ola Electric suspends car project to focus on scooters, bikes

-LML bets big on Star to charge up electric scooter space

Read all this and more👇
https://auto.economictimes.indiatimes.com/etnewsletter.php

25/07/2024

We’re thrilled to welcome Vipin Sharda, Head of Customer Supply Chain at Nestlé, to The Economic Times Supply Chain & Logistics Conclave 2024! Join us to gain insights from his expertise in optimizing customer supply chain operations.

Express Interest - https://bit.ly/3RLICji

25/07/2024

Join us at The Economic Times Smart Factory Summit 2024 to connect with industry leaders and shape the future of manufacturing! Explore cutting-edge innovations, share insights, and collaborate on the next big breakthroughs. This is your chance to be part of a transformative journey.

Register Now - https://bit.ly/3xPCOyk

25/07/2024

We’re excited to welcome Ranganathan Vaidyanathan Iyer, Gr. CIO & Sr. EVP at JBM Group, to The Economic Times Supply Chain & Logistics Conclave 2024! Don’t miss his valuable insights on integrating technology and innovation in supply chain management.

Express Interest - https://bit.ly/3RLICji

25/07/2024

Managing bullwhip: How to solve auto OEM dealer inventory challenge

In the complex ecosystem of automotive supply chains, maintaining the right inventory levels is crucial to meet customer expectations and demand while also managing costs. However, the interplay between forecast-based inventory creation and primary target-driven inventory push to dealerships from the auto OEMs can inadvertently exacerbate what is known as the bullwhip effect, leading to significant challenges for both the OEMs and their dealers.

Read more:
https://auto.economictimes.indiatimes.com/news/industry/managing-bullwhip-how-to-solve-auto-oem-dealer-inventory-challenge/112013130

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