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susannatipsandtricks · 4 months ago

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Electric Car Stocks in India: Top Picks for Investors

Electric car stocks in India are gaining popularity. Investors see significant growth potential in the electric vehicle market. India is swiftly transitioning towards sustainable mobility solutions. Electric car stocks have become a focal point for investors eyeing long-term gains. The government’s push for electric vehicles (EVs) through subsidies and incentives has accelerated this shift. Major Indian companies are investing heavily in EV technology, infrastructure, and manufacturing. Tata Motors, Mahindra Electric, and other firms are leading the charge. With rising fuel costs and environmental concerns, consumer interest in electric cars is also climbing. Analysts predict substantial growth in the electric car segment, making it a promising sector for investment. The future of electric cars in India looks bright, driven by innovation and supportive policies.

Introduction To Electric Car Stocks

The electric car industry is thriving in India. Investors are showing keen interest in electric car stocks. This surge is driven by several factors. Let's dive into the details. Growing Popularity The popularity of electric cars is rising. People prefer eco-friendly transportation. This is due to increasing environmental awareness. The government is also promoting electric vehicles. They offer various incentives and subsidies. Electric cars are becoming more affordable. This trend benefits electric car stocks. Investors are noticing the potential for growth. Market Potential India's market for electric cars is vast. The population is huge, and so is the demand. The government aims to have more electric vehicles on roads. This creates a massive market opportunity. The electric car stocks can see substantial growth. Early investors can benefit greatly. Year Electric Car Sales (in thousands) 2020 20 2021 35 2022 50 The above table shows the sales growth. The figures indicate a positive trend. Investors should consider this potential. - Government policies favor electric cars. - Increasing environmental awareness. - Technological advancements in batteries. - Rising fuel prices make electric cars attractive. The points listed above highlight key drivers. The electric car market is promising. Investors can explore various stocks in this sector. The growth potential is significant. Keeping an eye on this market can be rewarding.

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Why Invest In Electric Car Stocks?

Investing in electric car stocks can be a smart move. The electric vehicle (EV) market is growing fast. India's EV market is no different. The demand for electric cars is increasing. Let's explore why you should invest in electric car stocks. Environmental Benefits Electric cars help reduce pollution. They produce no exhaust emissions. This means cleaner air and a healthier planet. They also use renewable energy sources. This reduces our dependency on fossil fuels. Investing in electric car stocks supports green technology. This can help fight climate change. Government Incentives India's government offers many incentives for electric cars. These incentives make EVs cheaper for buyers. The Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme is one example. It provides subsidies for electric cars. There are also tax benefits for EV buyers. This increases the demand for electric cars. Here's a table showing some key government incentives: Incentive Details Subsidies Financial support for EV buyers Tax Benefits Reduced taxes on EV purchases FAME Scheme Subsidies for electric car manufacturers These incentives make electric cars more affordable. This boosts the EV market. Investing in electric car stocks can be profitable. The government support ensures continued growth. By investing in electric car stocks, you also support sustainable technology. This can lead to long-term gains. The future of transportation is electric. Now is a great time to invest in electric car stocks.

Top Electric Car Manufacturers In India

Electric cars are gaining popularity in India. Several manufacturers lead this market. These companies are pushing the boundaries of technology and sustainability. Let’s dive into the top electric car manufacturers in India. Leading Companies Company Popular Model Key Features Tata Motors Nexon EV Range: 312 km, Fast Charging Mahindra Electric eVerito Range: 140 km, Affordable MG Motor ZS EV Range: 340 km, Advanced Safety Emerging Players - Ather Energy - Known for electric scooters, they plan to enter the car market. - Ola Electric - Famous for electric scooters, they also have car ambitions. - Hero Electric - Primarily in the two-wheeler segment, but looking to expand. These emerging players are promising. They bring innovation and competition.

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Financial Performance Analysis

Electric car stocks in India are catching investor attention. Let's dive into their financial performance. We will analyze revenue growth and profit margins. Revenue Growth Revenue growth indicates a company's ability to increase sales. It reflects market demand and operational efficiency. Here's a quick look at the revenue growth of some leading electric car companies in India: Company 2019 Revenue (in INR Crores) 2020 Revenue (in INR Crores) Growth (%) Company A 500 600 20% Company B 300 450 50% Company C 800 900 12.5% Company B shows the highest revenue growth at 50%. This suggests a strong demand for their electric cars. Profit Margins Profit margins are crucial for understanding a company's profitability. They reveal how much profit a company makes from its sales. Let's examine the profit margins of these companies: - Company A: 15% - Company B: 10% - Company C: 18% Company C leads with an impressive 18% profit margin. This indicates efficient cost management. In summary, revenue growth and profit margins are key indicators. They help investors gauge the financial health of electric car companies in India.

Risks And Challenges

Investing in electric car stocks in India presents unique risks and challenges. Understanding these obstacles can help investors make informed decisions. Regulatory Hurdles India's regulatory environment is complex and evolving. Government policies often change, impacting the electric vehicle (EV) sector. Strict emissions standards can increase production costs. Import duties on components can also affect profitability. Compliance with local regulations requires significant investment. This includes adhering to safety and environmental standards. Additionally, tax incentives for EVs may vary by state. This inconsistency can create uncertainty for investors. Companies must navigate these challenges to succeed in the market. Market Competition The EV market in India is highly competitive. Established players like Tata Motors and Mahindra dominate the landscape. New entrants must innovate to gain market share. Competing with global giants like Tesla adds another layer of difficulty. Pricing strategies also play a crucial role. Affordable pricing can attract more buyers but may reduce profit margins. Furthermore, consumer awareness and adoption of EVs are still growing. Educating the market requires substantial marketing efforts. The ability to stand out in this crowded space is crucial for success.

Future Outlook

The future of electric car stocks in India looks promising. Innovations in technology and market growth drive this optimism. Let's delve deeper into the key factors influencing the future outlook. Technological Advancements Technological advancements play a crucial role in the electric car industry. Battery technology is evolving rapidly. New batteries offer longer life and faster charging. Smart features are becoming standard in electric cars. These include autonomous driving, advanced navigation, and real-time diagnostics. Software updates keep improving these features over time. Renewable energy integration is another exciting development. Solar and wind energy can power electric vehicles, reducing the carbon footprint. This shift aligns with global sustainability goals. Market Expansion The market expansion of electric cars in India is gaining momentum. Government policies support this growth. Incentives and subsidies make electric cars more affordable. Infrastructure development is also crucial. Charging stations are becoming more common. This makes owning an electric car more convenient. Private companies are investing heavily in this infrastructure. Consumer interest is growing. More people are aware of the benefits of electric cars. They offer lower running costs and are environmentally friendly. Automakers are expanding their electric vehicle portfolios. They are introducing new models tailored for the Indian market. These models cater to various segments, from budget-friendly to luxury options. Factors Details Battery Technology Longer life, faster charging Smart Features Autonomous driving, advanced navigation Renewable Energy Solar and wind power integration Government Policies Incentives and subsidies Infrastructure More charging stations Consumer Interest Lower running costs, eco-friendly

Investment Strategies

Investing in electric car stocks in India can be lucrative. The right strategies can help maximize returns. Understanding different approaches can be key to success. Long-term Vs. Short-term Long-term investments in electric car stocks can yield significant returns. The electric vehicle (EV) market is growing rapidly. Companies like Tata Motors and Mahindra & Mahindra are leading the charge. Short-term investments can be more volatile. Market trends can change quickly. Keeping an eye on stock market news is crucial for short-term strategies. Quick gains might be possible with timely buys and sells. Diversification Diversifying your portfolio can reduce risks. Don't put all your money in one stock. Spread your investments across multiple electric car stocks. Consider including companies from different segments. For example, invest in manufacturers, battery makers, and charging infrastructure providers. This approach can balance potential losses. Company Segment Tata Motors Manufacturer Exide Industries Battery Maker Reliance Industries Charging Infrastructure Investing in these segments can provide a balanced portfolio. You can benefit from the growth of the entire EV ecosystem. This reduces the impact of poor performance in one area.

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Case Studies

Electric car stocks in India have gained attention. Investors are keen to understand their potential. Here, we dive into some notable case studies. These examples highlight both successes and lessons learned. Successful Investments Investing in electric car stocks can be rewarding. Here are some successful examples: - Tata Motors: Tata Motors has seen a surge in its stock price. Their investment in electric vehicles (EVs) has paid off. - Mahindra & Mahindra: Mahindra's focus on EVs boosted their stock value. Their early entry into the market proved beneficial. Both these companies invested in research and development. They also formed strategic partnerships. These actions led to significant stock growth. Lessons Learned Not all investments in electric car stocks are successful. Here are some lessons from less successful ventures: - Overestimating Market Demand: Some companies misjudged the market. They produced more EVs than needed. This led to stock declines. - Lack of Infrastructure: Charging infrastructure is crucial. Companies that ignored this faced challenges. Their stock prices suffered. Investors must consider market demand and infrastructure. These factors greatly impact stock performance. Analyzing case studies helps in making informed decisions. Successful investments and lessons learned provide valuable insights.

Frequently Asked Questions

What Is The Best Ev Stock To Buy In India? Tata Motors is considered the best EV stock to buy in India. It leads the market with strong growth potential. What Is The #1 Ev Stock? Tesla is often considered the #1 EV stock. Its market leadership and innovation in electric vehicles make it a top choice for investors. Is Ev A Good Investment In India? Yes, EVs are a good investment in India. They offer lower running costs and environmental benefits. Government incentives and growing charging infrastructure support their adoption. What Is The Highest Ev Market Share? Tesla holds the highest EV market share globally. Their innovative technology and expansive charging network contribute to their dominance.

Conclusion

Investing in electric car stocks in India offers promising growth opportunities. The market is expanding rapidly with government support. Keep an eye on top-performing companies and emerging players. Diversifying your portfolio with these stocks could yield significant returns. Stay informed and make well-researched investment decisions for a sustainable future. Read the full article

#ElectricCarStocksinIndia

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phonemantra-blog · 5 months ago

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The Indian car market continues to be a dynamic landscape, with established players and rising stars vying for consumer attention. While the overall passenger vehicle segment witnessed a slight YoY decline in May 2024, some manufacturers managed to buck the trend and achieve impressive sales figures. This article delves into the details of May 2024 car sales in India, analyzing the performance of major carmakers and highlighting key trends. We'll explore the top performers, brands that surprised us, and what these figures might indicate for the future of the Indian automotive industry. May 2024 Car Sales Maruti Suzuki: The Undisputed Leader Maruti Suzuki continues to reign supreme in the Indian car market. In May 2024, the brand sold a staggering 1,44,002 units, consolidating its position as the undisputed leader. This figure represents a marginal growth of 0.2% YoY, indicating Maruti's consistent performance despite market fluctuations. Notably, Maruti's May 2024 sales surpassed the combined figures of Tata, Hyundai, and Mahindra, showcasing its dominant market share. Key Takeaways: Maruti Suzuki remains the best-selling car brand in India for May 2024. The brand achieved a YoY growth of 0.2% and MoM growth of 4.4%. Maruti's dominance is evident with sales exceeding the combined figures of Tata, Hyundai, and Mahindra. Hyundai and Tata: Maintaining Their Positions Hyundai and Tata, perennial contenders in the Indian car market, secured the second and third spots, respectively, in May 2024 sales. Hyundai managed to sell 49,151 units, reflecting a YoY growth of 1.1%. However, the brand experienced a slight decline in MoM sales figures, dropping by 2.1%. Tata, on the other hand, witnessed a similar pattern. While their YoY sales grew by 1.8%, MoM sales dipped by 2.5%. In May 2024, Tata sold 46,700 units, demonstrating their consistent presence in the top three. Key Takeaways: Hyundai secured the second spot with 49,151 units sold in May 2024. The brand experienced YoY growth but a slight MoM decline. Tata maintained their position in the top three with YoY growth but faced a MoM decline. Mahindra's Stellar Performance: A Brand on the Rise One of the most significant stories of May 2024 car sales comes from Mahindra. The brand registered a phenomenal YoY growth of 31.4%, selling a total of 43,218 units. This surge propelled Mahindra past Tata in terms of MoM growth, where they witnessed a 5.4% increase. Mahindra's impressive performance highlights the growing demand for their SUVs and utility vehicles in the Indian market. Key Takeaways: Mahindra achieved the highest YoY growth (31.4%) among all carmakers in May 2024. The brand surpassed Tata in MoM growth with a 5.4% increase. Mahindra's success highlights the rising demand for their SUVs and utility vehicles. Other Notable Mentions The May 2024 car sales report reveals interesting trends beyond the top three players. Here's a quick look at some noteworthy observations: Toyota: The Japanese automaker achieved impressive growth figures, with MoM sales increasing by 28.1% and YoY sales rising by 23.6%. This surge signifies the growing popularity of Toyota's SUVs and sedans in India. Kia: While Kia faced a 2.3% decline in MoM sales, their yearly sales managed to grow by 3.9%. This indicates consistent brand preference despite short-term market fluctuations. Honda: Honda stands out as the only manufacturer in the top 10 to witness growth in both MoM and YoY sales figures. Their MoM sales increased by 10.8%, while YoY sales climbed by 3.5%. This positive performance suggests a potential resurgence for the brand in the Indian market. Key Takeaways: Toyota, Kia, and Honda all displayed noteworthy sales trends in May 2024. Toyota's impressive growth showcases rising demand for their SUVs and sedans. Kia's consistent yearly sales indicate brand preference amongst consumers. Honda's positive performance suggests a potential comeback in the Indian market. FAQs: Q: Which carmaker sold the most cars in India in May 2024? A: Maruti Suzuki remained the best-selling car brand in India for May 2024, selling over 1.44 lakh units. Q: Did any carmakers experience significant YoY growth in May 2024? A: Yes, Mahindra achieved the highest YoY growth (31.4%) among all carmakers in May 2024. Toyota and Kia also witnessed positive YoY growth. Q: Which segment performed well in terms of sales in May 2024? A: Based on the data, SUVs and utility vehicles appear to be a segment experiencing strong growth in the Indian market. Q: What are some potential future trends for the Indian car market? A: The rise of electric vehicles, increased focus on connected car technology and safety features, and potential for car personalization are some trends to watch for.

#automotivemarket #CarSales #Honda #HYUNDAI #Kia #Mahindra #markettrends #Maruti #May2024 #May2024CarSales #MG #MoMgrowth #Renault #tata #Toyota #YoYgrowth

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vipinmishra · 6 months ago

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Industrial Secondary Battery Market Envisions 11.48% CAGR Growth by 2028

Developing new and advanced battery chemistries will likely create immense opportunities for the overall Industrial Secondary Battery market.

According to TechSci Research report, “Global Industrial Secondary Battery Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”. The Global Industrial Secondary Battery is anticipated to project robust growth in the forecast period with a CAGR of 11.48% through 2028. The trend toward electrification is extending beyond transportation and consumer electronics to industrial sectors such as manufacturing, agriculture, and mining. These industries are increasingly adopting electric machinery and equipment powered by secondary batteries to reduce carbon emissions and improve efficiency.

The significance of this trend lies in its potential to create new markets and applications for secondary batteries. It also aligns with global efforts to decarbonize industrial processes and reduce the environmental impact of these sectors. Collaboration and partnerships between governments, research institutions, and private companies are on the rise in the Industrial Secondary Battery market. These collaborations facilitate knowledge sharing, research funding, and the development of standardized testing methods and safety protocols.

The significance of this trend is its potential to accelerate advancements in battery technology and streamline regulatory processes. It promotes a global ecosystem that supports innovation and ensures the safety and reliability of secondary batteries. While lithium-ion batteries dominate the market, there is a growing trend toward diversifying battery chemistries. This includes exploring alternative materials such as sodium-ion, potassium-ion, and even lithium-sulfur batteries. Diversification aims to address limitations in cost, resource availability, and energy density associated with lithium-ion technology. The significance of this trend lies in its potential to offer alternative solutions and reduce reliance on a single battery chemistry. It also encourages competition and innovation in the industry.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on " Global Industrial Secondary Battery Market" https://www.techsciresearch.com/report/industrial-secondary-battery-market/19312.html

Based on region, Asia-Pacific is expected to be the largest market, with the majority of the demand coming from China, Japan, and India. The Asia-Pacific region has multiple growing economies with substantial natural and human resources, with China and India expected to be major investment hotspots for Industrial Secondary Battery companies in the coming years due to policy-level support from governments for both renewables and EVs and a growing middle-class population creating demand for consumer electronics.

India has been witnessing a surge in manufacturing batteries locally due to the government's push toward e-mobility. The Indian government aims to achieve a 30% electric fleet by 2030 and has been formulating policies and programs to achieve the target. For example, in 2021, the government amended the ongoing FAME-II (Faster Adoption and Manufacturing of Electric Vehicles-II) scheme to increase the subsidy rate for electric vehicles from INR 120/kWh to INR 180/kWh to reduce the gap between petrol-powered two-wheelers and electric powered.

China was the largest electric car market and sold more than 3.3 million electric vehicles, accounting for almost 16% of the global electric car sales in 2021. It is expected to remain the world's largest EV market in the future. The development of charging infrastructure is further propelling EV adoption in the country. Apart from EVs, the increasing penetration of telecommunication services indicates a high demand for secondary batteries.

Similarly, in Japan, 5G services started in 2020, and an increasing number of subscribers are likely to switch to 5G during the forecast period, thus resulting in a surge in the demand for 5G towers and secondary batteries.

Therefore, based on such factors, Asia-Pacific is likely to dominate the Industrial Secondary Battery market during the forecast period.

Key market players in the Global Industrial Secondary Battery Market are following:-

Umicore

Retriev Technologies

American Battery Technology Company (ABTC)

Li-Cycle

Aqua Metals

Battery Solutions

Recupyl

Gopher Resource

Glencore Recycling

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“The global Industrial Secondary Battery market is characterized by several prominent trends, including the continued dominance of lithium-ion technology, advancements in solid-state batteries, an increased focus on sustainability, the proliferation of electric vehicles, grid-scale energy storage, innovation in energy density and fast charging, electrification of industries, global collaboration and partnerships, diversification of battery chemistries, and consumer demand for longer battery life.

These trends collectively shape the direction of the Industrial Secondary Battery market, influencing technological developments, regulatory frameworks, and market dynamics. As the world seeks cleaner and more sustainable energy solutions, secondary batteries will play a central role in powering the future.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

Industrial Secondary Battery Market – Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Technology (Lead-acid Batteries, Lithium-ion Batteries, and Other Technologies (NiMh, NiCD, etc.), By Region, By Competition 2018-2028has evaluated the future growth potential of Global Industrial Secondary Battery Market and provides statistics and information on market structure, size, share, and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities present in the Global Industrial Secondary Battery Market.

Browse Related Research

Renewable Battery Storage Market https://www.techsciresearch.com/report/renewable-battery-storage-market/19392.html Lithium-Ion Batteries TAB-Lead Market https://www.techsciresearch.com/report/lithium-ion-batteries-tab-lead-market/19409.html Micro Inverter Market https://www.techsciresearch.com/report/micro-inverter-market/23189.html

Contact

Techsci Research LLC

420 Lexington Avenue, Suite 300,

New York, United States- 10170

Tel: +1-332-258-6602

Email: [email protected]

Website: www.techsciresearch.com

#Industrial Secondary Battery Market #Industrial Secondary Battery Market Size #Industrial Secondary Battery Market Share #Industrial Secondary Battery Market Trends #Industrial Secondary Battery Market Growth

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socialvinod · 8 months ago

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Explore The Latest Maruti Models With Maruti Dealer At Basavangudi

Introduction

Are you ready to embark on an exhilarating journey through the world of Maruti Suzuki? Picture yourself behind the wheel of the latest Maruti models, cruising through the streets with style and confidence. At Mandovi Motors, your trusted Maruti dealer at Basavangudi, we invite you to dive into the excitement of discovering the newest additions to the Maruti lineup.

With our unparalleled dedication to customer satisfaction and a passion for providing top-notch service, we stand as your premier destination for all things Maruti in Basavangudi. Whether you're searching for a compact hatchback for zipping around the city or a spacious SUV for family adventures, we have the perfect Maruti model to suit your needs and preferences.

As your go-to Maruti dealer at Basavangudi, we take pride in offering a seamless and enjoyable car-buying experience from start to finish. Our knowledgeable team is here to guide you through the entire process, from exploring our extensive inventory to test-driving your favorite Maruti Suzuki vehicles.

So, why wait? Join us at Mandovi Motors, and let's embark on this thrilling journey together. Discover the latest Maruti Suzuki models that will elevate your driving experience to new heights. Your dream car awaits at your trusted Maruti dealer in Basavangudi.

Why Choose Us?

Established Legacy Since 1984

For over three decades, Mandovi Motors has been synonymous with excellence in the automotive industry.

As a leading Maruti dealer at Basavangudi, our rich legacy and extensive network have earned us a reputation for unparalleled customer satisfaction.

With our wealth of experience, we are committed to guiding you through an exciting journey of discovering the latest Maruti Suzuki models at our dealership in Basavangudi.

Explore the Latest Models

Top-Selling Maruti Cars

Maruti Suzuki Baleno, Wagon R, Dzire, Swift, Brezza, Ertiga, Fronx, Grand Vitara, Alto K10, and Eeco are among the top-selling models as reported in January 2024.

Each model boasts impressive sales figures, with Baleno leading the pack.

This diverse lineup showcases Maruti Suzuki's wide portfolio, catering to various preferences and needs in the Indian market, available at our Maruti dealer at Basavangudi.

Cutting-Edge Technology and Outstanding Performance

At Mandovi Motors, we offer a glimpse into the newest Maruti Suzuki vehicles equipped with cutting-edge technology.

From advanced infotainment systems to efficient engines, our models deliver outstanding performance and reliability, all available at our Maruti dealer at Basavangudi.

With a range of models to suit every lifestyle and requirement, we ensure that there's a perfect Maruti for everyone at our dealership in Basavangudi.

Test Drive Experience

Book a Test Drive with Ease

We encourage you to book a test drive with us to experience the thrill of driving a Maruti Suzuki firsthand.

It's a straightforward process that plays a crucial role in your decision-making process, available at our Maruti dealer at Basavangudi.

By taking the vehicle for a spin, you can assess its performance, comfort, and handling, helping you make an informed choice with the assistance of our experts at Basavangudi.

Why Mandovi Motors Stands Out

Unmatched Customer Service

At Mandovi Motors, we prioritize customer satisfaction above all else.

Our team of experienced professionals is dedicated to providing personalized service and guidance throughout your car-buying journey at our Maruti dealer at Basavangudi.

Convenient Location and Accessibility

Located in Basavangudi, our dealership is easily accessible, making it convenient for customers to visit and explore our wide range of Maruti Suzuki models.

We're your one-stop destination for all your Maruti needs in Basavangudi.

Commitment to Quality and Transparency

We believe in transparency and honesty in all our dealings, ensuring that you have complete peace of mind when choosing a Maruti vehicle from us, available at our Maruti dealer at Basavangudi.

Customized Solutions and Offers at Mandovi Motors

Personalized Buying Experience

As your trusted Maruti dealer at Basavangudi, we understand that every customer has unique needs and preferences.

That's why we provide a personalized buying experience tailored to your specific requirements, ensuring that you find the perfect Maruti Suzuki model to suit your lifestyle.

Tailored Financing and Insurance Options

We offer a range of flexible financing and insurance options to make your car buying process hassle-free.

Our finance experts will work with you to find the best solution that fits your budget and helps you drive home your dream Maruti with ease.

Special Offers for Seamless Ownership

At Mandovi Motors, we believe in rewarding our customers with special offers to enhance their ownership experience.

From discounts on accessories to complimentary services, we have exclusive deals designed to make your journey as a Maruti owner smooth and enjoyable.

Dedicated to Your Satisfaction

With our commitment to customer satisfaction, we go above and beyond to ensure that you receive the best possible service and support.

Whether it's assisting you with financing options or providing after-sales services, we're here to make your experience with us truly exceptional.

Visit Mandovi Motors Today

Ready to experience the personalized solutions and special offers available at Mandovi Motors, your premier Maruti dealer at Basavangudi?

Visit us today and let our team of experts help you drive home in your dream Maruti Suzuki with confidence and peace of mind.

Testimonials from Satisfied Customers

"At Mandovi Motors, I found the perfect Maruti model that exceeded all my expectations. The personalized buying experience and tailored financing options made the process seamless. I couldn't be happier with my decision to choose Mandovi Motors as my Maruti dealer in Basavangudi." - Rahul S.

"I recently purchased a Maruti Suzuki from Mandovi Motors, and I have been thoroughly impressed with their exceptional service. From the moment I stepped into their showroom in Basavangudi, I felt valued and supported throughout the entire buying process. I highly recommend Mandovi Motors to anyone looking for a hassle-free car-buying experience." - Priya R.

"Mandovi Motors truly goes above and beyond to ensure customer satisfaction. Their team of experts helped me find the perfect Maruti model that fit my budget and requirements. The special offers and discounts provided made owning a Maruti Suzuki even more rewarding. Thank you, Mandovi Motors, for your outstanding service!" - Sameer K.

Conclusion

Embark on a journey of discovery with us at Mandovi Motors, your trusted Maruti dealer at Basavangudi. Experience unparalleled service and a commitment to excellence as you explore the latest Maruti Suzuki models in our showroom. Our dedicated team is here to assist you every step of the way, ensuring a seamless car-buying experience. Visit us today to witness the difference firsthand and become part of our community of satisfied Maruti vehicle owners. Your dream car awaits at Mandovi Motors - where driving excellence begins.

FAQ’s

1. What are the latest Maruti Suzuki models available at the dealership in Basavangudi?

Answer: The Maruti Suzuki dealership in Basavangudi offers a wide range of the latest models, including the newest sedans, hatchbacks, SUVs, and eco-friendly options. Our inventory is regularly updated to ensure customers have access to the latest advancements in technology, safety, and comfort offered by Maruti Suzuki.

2. Can I book a test drive for a Maruti Suzuki model at the Basavangudi dealership?

Answer: Yes, customers are encouraged to book a test drive for any Maruti Suzuki model they're interested in at our Basavangudi dealership. Test drives can be arranged at a convenient time for the customer, providing a hands-on experience to help them make an informed decision.

3. What financing options are available for purchasing a Maruti Suzuki car at the Basavangudi dealership?

Answer: Our Basavangudi dealership offers a variety of financing options to suit different budgets and financial situations. We have partnerships with several financial institutions and banks to provide competitive loan and EMI options, making it easier for customers to purchase their dream Maruti Suzuki car.

4. Are there any special offers or discounts on Maruti Suzuki cars at the Basavangudi dealership?

Answer: Yes, we periodically offer special promotions, discounts, and offers on various Maruti Suzuki models. These may include price reductions, complimentary accessories, service packages, or extended warranties. We recommend contacting the dealership or visiting our website for the latest offers.

5. Does the Basavangudi dealership offer after-sales services for Maruti Suzuki cars?

Answer: Absolutely, our Basavangudi dealership is committed to providing comprehensive after-sales services, including regular maintenance, repair services, parts replacement, and roadside assistance. Our service center is staffed by certified technicians trained to handle all aspects of Maruti Suzuki car care, ensuring your vehicle remains in excellent condition.

Read More: Click Here

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martin-cambell · 9 months ago

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Do You Know About These 5 Famous Electric Car Brands

In an era where sustainability takes precedence, the automotive industry is witnessing a remarkable shift towards electric vehicles (EVs). These eco-conscious alternatives are not just changing the way we commute but are also transforming the landscape of the automobile market. Let's delve into the stories behind five electric car brands that are at the forefront of this revolution, reshaping India's automotive future.

MG: Driving Innovation with Heritage Originating in the UK in 1924, MG has a rich history steeped in automotive excellence and racing pedigree. Now, under the wing of SAIC Motor Corporation Limited, MG has made significant strides in India, crafting an unparalleled automotive experience with offerings like the stylish and sustainable MG Comet EV.

Hyundai: Pioneering Technology and Luxury Hyundai, a global leader in the automobile sector, has been instrumental in introducing groundbreaking technologies like the IONIQ 5. This award-winning electric SUV combines futuristic design with exceptional performance, setting new benchmarks in the Indian market.

Tata Motors: Spearheading Electric Mobility With a legacy dating back to 1868, Tata Motors has emerged as a dominant force in India's electric vehicle segment. The Tata Nexon EV Max, with its cutting-edge technology and impressive sales figures, reflects Tata's commitment to sustainability and innovation.

Mahindra Group: Championing the Electric Revolution Mahindra's ambitious "Born Electric" vision signifies its commitment to leading the electric revolution. The Mahindra XUV400 EV, with its intelligent ecosystem and exceptional performance, exemplifies Mahindra's dedication to shaping the future of electric mobility in India.

KIA: Redefining Eco-Friendly Innovation KIA, with its state-of-the-art manufacturing facility in Andhra Pradesh, has been revolutionizing the Indian automobile industry with dynamic designs and eco-friendly innovations like the Kia EV6. This all-electric crossover SUV combines cutting-edge technology with remarkable efficiency, paving the way for a greener future.

In conclusion, these pioneering electric car brands—MG, Hyundai, Tata Motors, Mahindra Group, and KIA—are not just manufacturers; they are visionaries shaping India's automotive future. With their relentless pursuit of innovation, sustainability, and excellence, they are leading the charge towards a cleaner, more electrifying tomorrow.

To read more, click here.

#Electric Car Brands #EV Car Brands #Electric Car Companies

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wealthview · 11 months ago

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Ola Electric IPO Date, Price, GMP, Review, Company Profile, Risks & Financials 2023

New Post has been published on https://wealthview.co.in/ola-electric-ipo/

Ola Electric IPO Date, Price, GMP, Review, Company Profile, Risks & Financials 2023

Ola Electric IPO: Ola Electric is a young Indian electric vehicle (EV) company, aiming to disrupt the transportation landscape with its electric scooters and cars. They compete in the rapidly growing Indian EV market, fueled by government incentives and increasing environmental awareness.

Page Contents

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Ola Electric IPO Details:

Ola Electric Company Profile:

Ola Electric Financials:

Ola Electric IPO Objectives:

Ola Electric IPO Lead Managers & Registrar:

Ola Electric IPO Risks:

Ola Electric IPO Details:

IPO status: Not yet launched. DRHP filed with SEBI on December 22, 2023.

Expected timeline: Subscription likely in early 2024, listing soon after.

Offer size: Up to ₹5,500 crore fresh issue and offer for sale of 95,191,195 shares.

Price band: Not yet announced. Targeted valuation is $7-8 billion.

News and Developments:

Positive buzz: Filing the DRHP is a crucial step, generating excitement among investors and analysts.

Funding secured: Recent reports about Ola Electric securing $500 million in loan B financing demonstrate investor confidence.

Gigafactory progress: Progress on Ola’s ambitious Gigafactory project in Tamil Nadu adds weight to their production capabilities.

Market uncertainty: Global economic worries and potential inflation may dampen investor sentiment for risky ventures like IPOs.

Ola Electric Company Profile:

Ola Electric, a name synonymous with India’s electric vehicle revolution, is rapidly carving its niche in the burgeoning industry. Founded in 2017 by Bhavish Aggarwal, the mastermind behind Ola Cabs, Ola Electric has come a long way in its mission to disrupt the traditional transportation landscape. Let’s delve into the company’s history, operations, and market position.

A Brief History of Electrification:

2017: Ola Electric embarks on its electric journey, initially focusing on electric rickshaws.

2019: The company unveils its first electric scooter, the S1, followed by the S1 Pro in 2020.

2021: Ola Futurefactory, the world’s largest two-wheeler manufacturing facility, is inaugurated in Krishnagiri, Tamil Nadu.

2022: Ola launches its electric car, the Ola S1, marking its entry into the four-wheeler segment.

2023: The company files its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its highly anticipated IPO.

Operations and Market Position:

Products: Ola Electric currently offers a range of electric scooters, including the S1, S1 Pro, and S1 Air, along with its flagship electric car, the Ola S1.

Market Share: In the Indian electric two-wheeler market, Ola Electric holds a dominant position, capturing over 50% share in FY23. However, it faces stiff competition from established players like Hero Electric and Ather Energy.

Global Ambitions: Ola Electric aspires to become a global leader in the EV space, with plans to enter international markets like the UK and Australia.

Key Facts and Figures:

Funding: Ola Electric has raised over $1 billion in funding from prominent investors like SoftBank, Temasek, and Tiger Global.

Valuation: The company is currently valued at around $5.4 billion, potentially reaching $7-8 billion after its IPO.

Employees: Ola Electric employs over 10,000 people across its various operations.

Prominent Brands and Partnerships:

Ola Futurefactory: This state-of-the-art facility boasts a production capacity of 20 million electric two-wheelers per year.

Ola Electric Mobility Institute (OEMI): This dedicated institute focuses on research and development in electric vehicle technology.

Partnerships: Ola Electric has partnered with key players like Flipkart, Axis Bank, and Bharat Petroleum to facilitate e-commerce sales, financing options, and charging infrastructure development.

Milestones and Achievements:

Building the world’s largest two-wheeler factory.

Becoming the leading electric two-wheeler manufacturer in India.

Developing and launching its own electric car within a short timeframe.

Competitive Advantages and USP:

First-mover advantage in the Indian electric scooter market.

Vertically integrated operations, including battery production.

Focus on cutting-edge technology and innovation.

Building a robust charging infrastructure network.

Ola brand recognition and established customer base.

Ola Electric’s journey is a testament to its ambition and agility in the dynamic EV landscape. With its aggressive expansion plans, focus on innovation, and strategic partnerships, the company is poised to play a pivotal role in shaping the future of mobility in India and beyond.

Ola Electric Financials:

Revenue: Ola Electric has demonstrated explosive revenue growth in FY23, with total revenue reaching Rs. 2,782 crore, a rise of over 500% compared to FY22. This growth is primarily driven by increased sales of its electric two-wheelers.

Profitability: Despite the remarkable revenue increase, the company continues to incur losses. Net loss in FY23 stood at Rs. 1,472 crore, widening from Rs. 784 crore in FY22. This is mainly due to high operating expenses associated with factory setup, research & development, and marketing initiatives.

Ola Electric IPO Objectives:

Ola Electric’s decision to go public through an IPO is driven by several key objectives, all of which align with its ambitious future growth strategy:

1. Capital Raising: The primary objective is to raise funds, estimated to be around Rs. 7,250 crore, through a combination of fresh issue and offer for sale (OFS). This capital injection is crucial for:

Funding Growth: Ola Electric aims to expand its product portfolio beyond electric scooters, introducing new models and venturing into four-wheeler segments like electric cars and commercial vehicles.

Building Manufacturing Capacity: Scaling up production capacity for existing and future models requires significant investments in infrastructure and technology. Ola’s Futurefactory, while impressive, needs additional resources to meet its long-term goals.

R&D and Innovation: Continued investment in research and development is essential for staying ahead in the rapidly evolving EV landscape. This includes battery technology advancements, autonomous driving features, and other cutting-edge innovations.

Debt Reduction and Financial Flexibility: A portion of the raised funds might be used to repay or pre-pay existing debt, enhancing the company’s financial stability and flexibility for future investments.

2. Enhanced Brand Recognition and Market Credibility: Going public brings Ola Electric under the public spotlight, increasing brand recognition and attracting a wider investor base. This can solidify its position as a leading player in the Indian EV market and strengthen its credibility among potential partners and customers.

3. Access to Talent and Partnerships: A successful IPO can attract and retain top talent, crucial for executing the company’s growth strategy. Public listing also opens doors for potential partnerships with established players in the automotive, technology, and financial sectors.

Ola Electric IPO Lead Managers & Registrar:

Ola Electric has entrusted a consortium of renowned investment banks to act as lead managers for its highly anticipated IPO:

Lead Managers:

Kotak Mahindra Capital Company Limited: A leading financial institution in India with extensive experience in managing large-scale IPOs, including SBI Cards, HDFC Life, and LIC.

Citigroup Global Markets India Private Limited: Renowned global investment bank with a strong track record in IPOs across various sectors, including Zomato, Nykaa, and Paytm.

BofA Securities India Limited: Global leader in investment banking with extensive experience in managing major Indian IPOs like IRCTC, Indian Railway Finance Corporation, and Coal India.

Goldman Sachs (India) Securities Private Limited: Reputable investment bank with deep expertise in handling tech-oriented and high-growth IPOs, including Delhivery, Macrotech Developers, and Policybazaar.

Axis Capital Limited: Leading domestic investment bank with successful involvement in IPOs like Adani Wilmar, Glenmark Life Sciences, and Dixon Technologies.

ICICI Securities Limited: Established Indian financial institution with significant experience in managing IPOs like Sona BLW Precision Forgings, Indigo Paints, and Astral Poly Technik.

SBI Capital Markets Limited: Investment arm of India’s largest bank, SBI, with significant involvement in IPOs like Glenmark Pharmaceuticals, Larsen & Toubro Infotech, and Indiabulls Real Estate.

BOB Capital Markets Limited: Investment banking arm of Bank of Baroda, with experience in managing IPOs like Aavas Financiers, RBL Bank, and Sundaram Asset Management.

Track Record:

These lead managers collectively boast a proven track record of successfully managing complex IPOs in diverse sectors, highlighting their experience, expertise, and network of investors. This expertise provides investors with confidence in the execution and overall success of the Ola Electric IPO.

Registrar:

Link Intime India Private Limited is appointed as the registrar for the Ola Electric IPO. The registrar’s role involves handling shareholder records, managing share transfers, dividend payments, and other administrative tasks related to the issue and trading of shares. This ensures a smooth and transparent process for investors throughout the IPO and beyond.

Ola Electric IPO Risks:

While Ola Electric’s IPO holds immense potential, it’s crucial to acknowledge and understand the inherent risks associated with investing in this high-growth, high-risk venture. Here are some key points for potential investors to consider:

Industry Headwinds: The EV market, despite its promising prospects, faces challenges like rising battery costs, dependence on government subsidies, and the potential for policy changes. These factors could impact Ola Electric’s profitability and growth trajectory.

Company-Specific Challenges:

Profitability Concerns: Ola Electric continues to incur significant losses, raising concerns about its ability to achieve long-term profitability. The company’s ambitious growth plans might further strain its finances in the short term.

Intense Competition: Established players like Hero Electric and Ather Energy, along with potential new entrants, will intensify competition in the Indian EV market. Ola Electric needs to differentiate itself and maintain its market share to achieve sustained success.

Manufacturing and Supply Chain Risks: Reliance on imported components and potential supply chain disruptions can impact production timelines and delivery schedules, affecting the company’s ability to meet demand.

Execution Risks: Implementing Ola’s ambitious expansion plans and future ventures like car production requires strong execution capabilities. Any missteps or delays could hinder the company’s progress.

Financial Health:

While Ola Electric’s revenue growth is impressive, its current financial position raises some red flags for investors:

High Losses: The company’s net loss nearly doubled in FY23, highlighting the need for significant improvement in cost management and profitability.

Limited Operating History: Ola Electric is a relatively young company with limited operating history, making it difficult to assess its long-term viability and ability to overcome challenges.

Debt Levels: While currently low, the company might need to take on debt to finance its expansion plans, potentially increasing its financial risks.

Ola Electric Mobility Limited – DRHP

Also Read: How to Check IPO allotment status?

#IPO

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jrobertallen · 1 year ago

Text

Melissa Ran Teddy

Part 1

Ran was mechanically inclined and could fix almost anything that didn’t include a computer. Not because he was incapable of understanding how they worked, instead it was a personal choice, Ran felt computers were simply unnecessary. They were complications borrowed from science fiction and therefore nothing more than a bunch of hoopla invading what should be the real world where life was meant to be simple, clean and transparent.

Scoffing at the entire philosophy of computer science-based languages, Ran simply didn’t belong to the group of people whom felt the need to entrap themselves in the make believe world of bits and bites when he figured good old nuts and bolts were much more simple and reliable.

Ran believed that the finest watches and motors ever built didn’t need a computer brain in charge, neither did his old indian motorcycle project.

After 12 years of work his 1940 Indian Scout was nearly complete, He only needed a few parts for the carburetor to finish it. The rare engine required authenticity to be real and the thought of adding a processor driven fuel system in place of the venturi based carburetor was anathema. The rest of the Indians mechanical drive worked perfectly and the stories of riders converting their bikes to electric systems made him sick to his stomach. He’d rather walk.

Even the newer generation of riders upgrading to LED headlamps made is stomach turn.

Ran figured himself old fashioned, and his body didn’t disagree after the last 25 years turning wrenches on old cars. Mechanic work was especially hard on his back from bending awkwardly under hoods, his skin was rough and calloused from the hot summer sun or bitter cold and the dry winter air wasn’t keeping his hands youthful either.

Sometimes people talking with Ran over the phone envisioned him in his middle 40s, but up close and in person his thin auburn hair, grayed whiskers and permanent eye wrinkles gave them the impression that he escaped his youth a decade earlier, yet that notion felt fine to Ran as he preferred being identified with the pre computer, pre processor and what he called the pre idiot era.

Quite literally the opposite was his book bound older brother Teddy, a little overweight but at 50 still growing out a full mop of black hair. In his youth Teddy was always gawking at computer science related materials. As a kid Teddy could be found reading any high tech article he could find from the magazine rack at the Shop and Serve instead of helping Ran and his mother with their chore of selecting groceries. One summer Teddy had nearly succeeded at building his own calculator while his disinterested younger brother Ran was outside throwing the baseball by himself. Eventually Teddy learned quite a bit about basic programming but Ran failed to see the reason why when playing catch was always more appealing.

Even with their different interests the two brothers somehow were very close. Perhaps because they never really got to know their father who disappeared on Teddys 3rd birthday, about the time Ran was 9 months old. Neither boy remembered anything about their father. Instead their memories were how others reacted to their explanation of not knowing what he was like, what he did or why their outcast father abandoned them with their mother .

They had to stay close because the three of them were all they had and that made family that much more important.

As they grew older the Boys went into business together. First selling magazines, and finally selling used cars.

Auto sales was a hard racket but they offset eachothers skill sets just fine, Ran was mechanically driven and naturally did the fixing while Teddy used his office skills to do the books and accounting.

Ran, his brother said jokingly, you’re getting old faster than I’m getting ugly.

Experience defending myself from all those perverted women is aging me!

Rans laughter was infectious enough to relax Teddy.

Ran pulled off his pale blue ball cap so he could scratch at his bald spot. I don’t know about you, Teddy, I figured it was all that ugly that makes you look so ugly! Haha.

Teddy on the other hand embodied the kind of verbal domination that elder brothers often assumed over their siblings when caught off guard. Instead of laughing Teddy leaned back in his office chair and produced a set of keys from a manilla envelope.

On seeing the packet Ran let out another joke, Shoots Teddy, here you go trying to bribe me with a payment for taking your girl friend on a date? I usually help the ugly chick’s for free!

Determined not to move the conversation forward by laughing, Teddy pushed the envelope and car keys across his desk for Ran.

That’s for the little Z car we got at the police auction, can you take it for a spin and make sure it’s worthy?

Ran walked to the side window of the portable office and stared out at a rollback truck with the little silver car ontop. Mike, the trucks operator was using a set of levers on the side of the truck to lower and tilt the flat platform so the two seater could be rolled off and unloaded.

Ran smiled broadly at his brother, Heck yes! He said. Ran was surprised to see the new addition for their used car lot, its been years since I was behind the wheel in one of those, how mutch did we get it for?

$100 over the minimum bid!

Your kidding? How is that even possible?

I used my new AI program.

Ran looked surprised. So your computer made the price lower?

To this Teddy simply laughed. No.

Let me show you what’s up with the program I’ve been working on. Do you want me to order your burger for you?

No, that’s okay, answered Ran.

Teddy threw up his hand comicaly and asked again, Do you want to watch me order you a burger, Ran?

No, that’s okay. I like ordering it my way!

Ran! Teddy half laughed in a scolding tone. Let’s try this again.

Confused , Ran agreed. Go ahead, order it! Be my guest! Shit!

Teddy flipped open his phone. Watch me Ran, you’re going to love this.

Teddy fumbled with an app, and then spoke to it,- order Rans favorite food from Gas Stop Dinner.

A female voice prompted Teddy with a question, it’s Tuesday she chimed, is Ran still hungry from breakfast?

Tedd looked at his little brother, who was nearly dumbfounded? Ran shook his head, no!

He’s hungry.

Are you hungry, Teddy? Asked the voice.

Order for me too.

Who is picking up your food or are they delivering?

Ran will pick it up.

Speed trap on Atlantic Avenue, the AI voice continued, so take Stare Street and left on 1st Ave

Ok Teddy, I’ve confirmed with Mary at Gas Stop that your meal will be ready for pickup in 20 minutes.

Teddy put down the phone and folding his hands behind his head simply said, in 20 minutes, you should take the Z!

What just happened?

Our new AI assistant Melissa ordered your food and saved you from another speeding ticket.

And the computer got my order right? The way I like it?

Teddy clicked on his phone and simply asked the App, how was Ran’s burger built?

Ran is getting a henhouse with added egg on top, no mayonnaise. Extra salt and pepper packs.

How in the hell ?

Hello Ran, is that you? I’m Melissa. I’m your brothers assistant. Would you like anything changed?

Instead of answering Ran simply shook his head and smiled as he walked out the door to look at the car.

Ran loved the way the sticky hot scent of asphalt of his car lot combined with the floral smell of carnuba car wax . All 12 street row cars with their multi colored balloons bopping on their short antenna strings made him feel like the ring leader of his own circus, each car was its own unique animal performing feats of surprise and temptation, posed and ready for any willing audience to adore.

Ran loved the freedom he experienced through running his own business and his mood was especially great when his newest animals arrived on new car day.

All unloaded Mr Blake!

Mike the roll back truck driver smiled at Ran as he spoke. They don’t make em like that anymore! Under 70k miles too! Original mileage? What a diamond! How much are you going to ask?

Need to ask Teddy about that, Mike, I’m just the mechanic slash body man!

Haha, good one! The driver shamelessly faked a laugh. Please fill out the page on this clipboard and full signature at the bottom and I’ll be on my way!

That’s Teddy again.

Mike looked disappointed.

Cheer up, Teddy’s got himself a new assistant, make sure you meet her when you go inside.

Seriously? Is she a hottie?

A little odd but a nice voice, just your type, only downside is I guess she’s always wired.

Forget that, my last had a drug problem, watch out if things start to come up missing.

Ran took off his hat and started laughing, just wait until you hear her voice! The best part is that she isn’t afraid to answer any question you ask her!

Oh, You always have a surprise. I forgot how much you like to kid around Mr Blake. Is Teddy inside?

Yah, just let yourself in.

Before Mike was able to let himself inside the portable building where Teddys office was, Ran had already started up the little Z Car, reving the engine and was about to drive it off the lot, ignoring Mike’s plea to wait until the document is signed.

Try and get a computer to do this! Ran yelled out the window at Mike, give me fuel give me fire! The Z car was growled to life with the low guttural voice of a lion.

Mike knew it was no use trying to stop Ran once he was in the driver’s seat, so he paused to admire the Z cars quick acceleration as Ran chirped the tires shifting from first to second.

Teddy was inside furiously typing away at his laptops keypad and almost didn’t hear Mike entering until the sound of the door shutting disturbed him.

Where’s the new assistant Ran talked about?

Oh, Mike, I’ll sign that! He said leaning forward and holding out his open hand.

Ran said something about harboring the new office staff, is she in the toilet?

Oh, my AI app! No, its just a document jar.

A what? Mike was already disinterested. Ran said she’s got a great voice?!

She is cha-nabled.

Cha? What?

That’s short for Chat Enabled. Cha-nable.

Oh Mike said feeling the conversation failing. So It’s a document narration tool?

A little more, but yes it has that feature.

Oh, I get it, he said but he didn’t get it, Mike simply wasn’t interested. Like Ran, Mike thought very little of confusing computer talk.

How about a cup of coffee? Teddy pointed to a big coffee machine set on a small table at the back wall of the room. Just got a new coffee maker, does everything from mixing the creamer to adding spice.

Oh, thanks. Say, Teddy, can that thing make a strong black coffee?

Without answering, Teddy opened his application again and gave it a command. Melissa, please make a strong black coffee for Mike.

What size cup would Mike like? Melissa’s AI voice answered.

Mike nearly laughed as he mocked, your coffee pot is named Melissa? Tell Melissa large.

Hi Mike, Melissa answered. One large cup of Joe will be ready in three minutes. Would you like me to send an alert to your phone when it’s ready?

Teddy felt a great sense of satisfaction as Mike’s smile changed to disbelief.

No worries, I’ll wait here and watch.

The coffee machine clicked on and started grinding the beans. A red light came on and then the humming sound of a motor whirring began and suddenly stopped with a pop as coffee started dribbling into the prepared paper cup.

I can’t believe what phone apps can do these days. Say, Teddy, can I ask you something personal, you can stop me if it makes you uncomfortable but I remember your telling me something about it before.

Shoot! I’m an open book for some, you’re okay Mike, ask away!

You went in for hacking?

Oh, right. Teddy reared back his office chair so he could reach Mike’s coffee. I did two and a half years on a ten year term for computer fraud. The hacking part was a supplement charge, but what they nailed me on was failing to report income.

No kidding, Mike said as he willingly accepted the freshly brewed cup, so Federal time? Where abouts?

Washington State.

That’s strange.

Oh?

Well, I thought you had to do federal time full term, I mean the Feds aren’t exactly known for early release.

I was pardoned.

No shit?

No shit!

A black SUV pulled into the parking lot, parking in front of the portables side window.

Brand new, must be lost. Mike laughed nervously. Maybe the inspector from Olympia with his clipboard.

That’s not the Department of Licensing.

Mike couldn’t see who was inside because the windows were tinted obscuring the occupants. Shoots, he said, why can I score a ticket for tinted windows on my 68 Cougar but these federal type rigs can be totally dark.

These guys aren’t Federal, Teddy reiterated, these are the Kings. Mike waived to whoever was inside the truck.

You said Kings, those are rolling pimps!? What kind of dime is that running new anyway? 80k ?

No, more like Free, and I think that finishes up our business, Thanks Mike! Teddy stood up and held out his hand with a smile.

Oh, right. See you later Mr Blake.

As Mike left the portable building office two huge men let themselves out of the SUV.

At 6ft 3 and 6ft 1 respectively, long black shoulder length hair and dark arms covered in tribal tattoos extending out from their tailored clothing, the Samoan Brothers Stu and Steve disregarded Mike as he climbed back up into his rollback truck and left the parking lot.

After taking a moment to survey the parking lot the two giants made their way to meet Teddy in his office.

Brothers! Teddy said with a smile. Meeting them half way across the office, hey, can I get you a coffee? Got a new machine.

No thank you sir! Answered Stu politely, we would like to check on the status of a title, We don’t drink anything white people drink, no disrespect, it’s an island thing.

Oh, Teddy said disappointed but doing his best to hide being anxious and smiling back anyway. Who’s in trouble this time?

Stu smiled back. Skinny Edward, the fool said he was buying a truck from you, but he said you won’t give him the title yet because he still owes?

Skinny Edward? I don’t know anyone with that name.

2002 Chevy truck, blue. Nice radio, Enki rims.

The Z71?

Wait a moment. Teddy remembered discounting a title for a truck matching that description, Yes, I think I sold a truck like that two weeks ago.

Steve started looking around the room. I have to sit.

Need a chair? Teddy asked hoping that they wouldn’t use it to clobber him. Use mine, it’s the most comfortable. He rolled his leather office chair around the desk. Steve said thank you and allowed himself to slowly ease himself down.

Thanks. He smiled. Knee hurts, he said while gently massaging what looked like a medical wrap under his pant leg.

My brother caught a bullet and it’s taking its own time to heal, Stu answered the unasked question.

Did you get the bullet out? Teddy asked.

I think we did, Stu answered, but shockingly a bullet gets red hot when fired and he was hit through a door so we had to pick out some door bits.

Oh, Ok, If you like I can get you a strong drink to settle your nerves? Was the only thing he could think of saying.

Steve didn’t answer.

Stu changed the subject back to Skinnys Truck. What can I use to prove that you put the truck in his name?

Oh, well Skinny's signature who is In this case Alex Edward’s and the fact that I electronically send the title to have it processed so the department at Olympia will send the new title to his mailbox. Where is Skinny at now?

Steve said, he’s in my garage hemmed up at the moment. He owed us some gambling money and the truck is going to cover some of it.

Teddy knew that Gambling Money really means he was fronted some drugs and didn’t meet his end of the bargain, and now it was collection time.

You’re a good dude, Mr Blake, Stu held out his open hand, I’ll look at the title log you mentioned and we can get out of here.

Okay, I see, I see. offered Teddy as he opened the side drawer of his desk and removed a document holder.

This is the log and that signature on line item 5 is Alex Edward’s and the Vehicle number is right there! Teddy pointed at the log as he gave it to the wounded brother.

Are you going to let him go..Teddy stop himself. It was never good to ask this question and make himself even more part of the Brothers crime, Or rather do you need me for anything past Alex’s signature? That’s a nice truck your driving by the way how is it handling? he asked attempting to transition the subject away from Skinnys kidnapping and torture.

All three men looked out at the beautiful black SUV.

Thanks, it still smells brand new, Stu bragged. Not even through its 4th tank of gas yet! Less than 1700 miles.

Steve interrupted the gawking with, After we help Skinny improve his problem with honesty, we might let him go tomorrow morning somewhere downtown on the waterfront so he has to walk all the way back home on sore feet, if he was smart he wouldn’t ever return to that dirty shithole place of his with that angry yellow haired lobster woman he calls baby girl.

All three men chuckled.

Stu interrupted his brother back with, Skinny shouldn’t have lied to us, the howley fuck!

Teddy rarely heard a cus word from either brother. Mean and heartless as they could be, they were never rude.

The Gas Stop Dinner was a 50s style garage slash gas stand that went to pot in the 70s and never reopened until the Tilla siblings Manuel and Mary converted it to a novel food stand. Customers ordered from the old front desk and one of them would bring out your order of hot food to one of the 6 tables set up inside the garage where the tire and oil changes once occurred.

Outside of the entrance a full sized metal pig was stationed, it was painted yellow and emblazoned with the word ham- burger scrolled on the pigs oversized belly, the pig was both an instrument of advertising and it also stopped cars from parking too close to the building and blocking the front entrance

Ran happily skidded to a stop in front of the pig and jumped out of the Z car with a huge smile on his face.

The car felt good, really good! Full of power, engine growled like a house cat and he was really glad Mikes AI told him to avoid the regular way so he could skip out on any tickets while letting the carbon flow! Ran really like this ride!

He imagined his brothers voice warning him, Ran, now don’t fall in love with the inventory. Use that magic to upsell the customer.

Once inside he found Mary taking notes, she looked up with a smile and greeted him.

Hi Ran! Mary Tilla presented her favorite guest and best tipping customer with a smile. I see that you found a new office helper.

What? Ran was confused. Who?

Melissa? We spoke on the phone and she said she started yesterday.

Is that right? Answered Ran, I almost forgot.

At 35, Mary was drop dead gorgeous. A true late bloomer who stayed single later in life, dedicated her passion to cooking and opening the restaurant. She was the other reason Ran ate at the Gas Stop Dinner nearly everyday. He discovered the restaurant and Mary just after it opened and had been hooked on both ever since.

Well that’s not very nice, Mary joked, She sounded very helpful, smart too, paid electronically in about 2 seconds after I totaled the bill.

Ran instinctively pulled out his wallet and was going to add $10 to her tip jar, but Mary stopped him.

Thank you Ran! I don’t need a double gratuity, your Melissa already took care of everything.

No kidding?

She sounded cute..

I’m not sure about that, Ran was nearly blushing, I still haven’t seen her.

Oh? How does that work?

Lets just say that Teddy’s helper works virtually.

Oh, well bless me to death! I need a job like that. Who wouldn’t want to stay home and get paid for it.

Me , Ran offered, I don’t live close enough to get your delicious hamburgers every day, I might starve to death if I didn’t see you!

This is the truest thing ever, she agreed. We’d both go hungry.

Their eyes met in a long uncomfortable stare until Mary’s phone beeped, a text message lit up the screen.

Oh, it’s a text from Teddy’s assistant, apparently your Brother already needs you back at the car lot. Are you ever going to get your own phone, handsome?

That’s why I don’t have a phone, Mary, because I don’t want people to get hooked on having me at their instant disposal. When I get back, I get back. First, I’m going down to the river and eat this wonderful burger, no virtual face time, just great food face time. Ran laughed at his own joke while Mary bagged up the rest of Ran and Mikes order.

And try this great Strawberry shake! Mary slid the shake across the table.

I didn’t order a shake.

I know, on the house. Give me some feedback. If you feel its too much then you can always pay me back whenever you get the guts to ask me out to a movie.

Ran was caught between excitement and beguiled at her request. He didn’t feel adequate enough to take Mary out yet, except with a request like this, how could he say no, not to mention if he denied her he might need to find a new daily lunch spot.

I’ll test the shake, and maybe we can go for a walk.

A walk?! Mary almost sounded offended. She turned around showing all her best attributes while pretending to adjust the order wheel, and joked. Do you think I need to loose weight.

Ran gulped, the last thing you need to do is change anything!

She smiled, turning back to face Ran when suddenly her expression changed from delight to fear, as the door opened and a large figure stepped in.

Ran stepped aside, letting the stranger approach the counter.

The new customer was dressed in dirty leather, and a bitter smell followed him inside. He wasn’t smiling but showed his stained teeth as he talked.

Who’s car is that outside, I want to buy it!

Mary looked at Ran, the stranger turned towards Ran. Yours?

Not for sale.

The man, wiped his head with his forearm. Okay, I understand.

He paused, nodded and stepped in front of the doorway blocking the entrance. That car is for sale, everything, even the bitch behind the counter is for sale.

Ran was shocked to hear this, and he was genuinely scared of the bigger man. His unshaved scraggly beard and mustache looked greasy and the skin on his face was puffy, sun burnt and swollen. Yellow eyes, even the whites were yellowed, but still it was the man’s large teeth that bothered Ran the most.

Get out of my business! Now! Mary shouted at the menacing dirtbag.

The stranger ignored Marys demand and stared at Ran, waiting for the response he wanted.

Manuel!! She yelled for help.

Instantly her older brother, all 250 pounds of himself busted through the kitchen doorway, small vegetable pruning knife in hand.

Is that a knife? The Stranger asked, heck of a way to treat a cash customer!

You need to go! Leave! Go now! Manuel raged at the unwanted guest. Get the fuck out.

Ignoring the cook, the dark figure returned his attention to Ran, and Said, I’ll be driving that sports car home with me the easy way or the hard way, your choice.

Then he pushed Ran against the wall with one arm, and pulled out a pistol from his waste band and pointed at Mary and Manuel.

I don’t think its funny what you did, and tell your boyfriend if he takes one step towards me I will shoot both him and that bitch dead!

Ran was in too much distress to answer.

Shoot me then! Mary challenged the attacker, the police will see your face on the camera.

The bad man looked surprised, smiled and wrenched up his grip on Rans shirt. Okay woman, as you wish!

After the first bullet hit Mary she collapsed, the second bullet hit her brother knocking him back through the doorway.

You could have made this easier on them, but you mother fuckers always got to go out hard! Am I right?

The bad man poked his pistol into Rans ribs, but instead of firing he winced at the sound of Mary’s voice. To the attackers surprise Mary was standing back up and in her right hand was the pistol grip shotgun she kept under the front counter in case of emergencies. She never thought something this terrible would ever happen

Marys left shoulder was red from her wound, but she was fearless.

The attacker looked surprised, but he didn’t act shaken. Too late for that he laughed and maybe too late for you too!

Ran wanted to scream as the attacker thumb back the hammer, I want the keys to the car, he said in one last warning. Or this guy is going to die.

Ran didn’t hear the gun fire, but felt the attackers grip loosen as the scum bag fell to the floor.

The bad man was groaning and trying to get to his feet. Ran stepped around him moving towards Mary. Where is Manuel?

Ran went through the door to the kitchen, Manuel was on his knees and holding his hand over his left eye.

Ahhh. He screamed, that son of a bitch shot my face! Is Mary okay? Call 911!

Ran bolted back through the door, the attacker was gone, Mary had slipped on her own blood and had fallen onto her side clutching her left shoulder. My fingers are numb. I can’t move my arm she cried.

The next time someone like that tries to buy your car, you’re a dealer, Ran! Sell it to him!

Ran held a washcloth to Mary’s arm. I’m so sorry, Mary, had I known it would of turned out like this, I would have gave the car to him for free!

Marys eyes closed, Stay with me Mary, Mary! Mary! Ran yelled!

Her eyes opened back up. Am I dreaming Ran?

Mary, there is a great movie I want to take you too. I’ll fix this, I need to call 911! Mary!

Ran grabbed Marys counter phone, he didn’t know how to unlock it and make a call.

Shit! Shit!

Ran took off through the front door and ran into the street looking for help!

Normally there would have been cars zinging past, but not today, today a dead man, the victim of Mary’s shotgun blast was crumpled over in the middle of the street.

A group of teenagers who witnessed a bloody man crawling out of the Gas Stop Dinner had already called 911, they were already busy posting the event on their social media pages for likes.

When they seen what they thought was the dead man’s attacker running out after his victim they screamed and ran away, hiding behind trees and cars parked on the other side of the street .

Someone call 911! He yelled, Mary and her brother were shot!

One of the teens, a young woman yelled, he’s not dead!

To Rans amazement the attacker was back on his feet, opened the door to a brown 4 door car, and began slowly driving away.

Somebody stop him! He shot Mary and Manuel! Ran yelled and started running after the slow moving brown car.

Armed with only phones the best the onlookers could do was take more photos to update their pages with.

About half a block into the chase Ran realised that he should go back and get his own car, how crazy of an idea it was to try and chase down a car on foot! But Ran continued his pursuit hoping for some kind of miracle, and he almost thought he had one until the attackers break lights came on.

Oh shoots, Ran thought, what am I going to do if I catch up with him?

Ran stopped running, the car slowed and turned sideways in the street. He could see the dark outline of the passenger bracing himself with the steering wheel.

Ran wanted to find a solution, If he only would of thought to grab Mary’s shotgun he could stop this madman from getting away, but unarmed and alone he felt naked and weak. What if this crazy son of a bitch turned the car on him, or worse, got out and shot him with the pistol he shot Mary and Manuel with?

Without answering his worst fear, the driver punched the gas and break pedal at the same time. The rear wheels began spinning , the tires squealed and smoke shot out from the backside of the car.

The car lunged forward and went over the curb. Ran was amazed to see it bolting across a vacant lot heading for a tall privacy fence.

The brown four door sedan easily smashed through the fence, colliding with a lound bang into something inside the enclosure. Black smoke bellowed up but from Ran’s vantage point he could only see the top of a small cell tower with what looked like some kind of high tech antennas attached to it.

Ran took off again, running across the vacant lot and stopping at the section of fence that the car ripped through.

Inside the car came to a stop after nose diving straight into the tower, the car was engulfed in flames, the drivers arm was slumped out the window, lifeless and on fire.

Ran jumped the downed fence and cautiously moved toward the burning car. As he neared the drivers side door, the heat and smoke were almost unbearable.

He froze, can this really be happening? He asked himself. Where did the driver go?

The arm was gone, the driver was gone, the door was still closed and the car was burning like a firework when it exploded, throwing Ran backwards.

He lay on the ground, shielding his face with his arm.

Where did that crazy son of a bitch go? He asked himself, as he slowly got up, retreating from the flames.

Remembering Mary and Manuel, still Inside the Gas Stop Dinner, Ran made his way back to the downed fence and after stepping over the debris was met by a loud voice.

Freeze! Show me your hands?

Ran was confused, he wasn’t the bad guy, the bad guy is, he was? Where?

Your making a mistake! Ran yelled, you want that guy, he pointed at the burning car. I was..

Ran felt like he was hit by a bison as a huge officer tackled him to the ground. Dirt got in his mouth and nose and his eyes began to water.

Don’t resist!

I’m not resisting, Ran tried to shout back , but the wind was knocked out of him. I’m on your side, I’m not resisting.

Don’t resist! The officer yelled as he pulled out something and punching the object into rans lower back, tazed him.

Ran’s body went limp as he passed out.

Darkness .

#ai #mystery #story #thriller

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newspilot · 1 year ago

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India's Economy Is Booming, But Warning Signs Emerge

India grew by 6.1% in the three months ended March compared to a year earlier. India's booming economy is the envy of other major markets. But beyond the hype and expectation, people who watch the country closely are flagging warning signs. The country is heading for a slowdown, analysts say, as rising inequality squeezes consumer spending among the poor - and the hundreds of millions in the middle class. The pessimism comes even after the latest growth figures blew past estimates last week, rounding off an expansion of more than 7% for the fiscal year. "Consumer fatigue appears to be setting in," said Kunal Kundu, an economist with Societe Generale SA in Bengaluru. The economy may slow "substantially," he said. Any cooling - especially one driven by inequality - would pose a challenge for Prime Minister Narendra Modi as he seeks a third term in general elections next year. It would also increase the chances the central bank, which decides on monetary policy this week, will cut interest rates earlier than expected. And it would temper hope - at least in the short term - that India will do more to propel the global economy as powerhouses such as China slow. India grew by 6.1% in the three months ended March compared to a year earlier, well beyond the 5% estimate of economists surveyed by Bloomberg, driven mainly by increases in services exports and government spending. It expanded 7.2% for the fiscal year through March, continuing a post-pandemic recovery that outstrips major peers. But Nomura Holdings Inc., HSBC Holdings Plc, Standard Chartered Plc, Goldman Sachs Group Inc. and others say growth will decelerate this fiscal year, with Nomura seeing it falling to 5.5%. The banks pointed to other factors, such as the impact of rising borrowing costs on spending, and slowing global growth affecting exports. SocGen and others say consumer demand will decline as the nation's rich get richer but others struggle with the cost of living. That's creating what's known as a K-shaped recovery in consumption, where luxury items sell well but basic goods go in the opposite direction, Kundu said. Sarmishta Sarkar, a 35-year-old manager at a multinational food and beverage company, is putting off buying a compact car that she could drive to the office instead of braving Mumbai's notoriously crammed public transport. "Saving is difficult when living costs themselves are this high," she said. "I will wait until December." Private consumption fell 3.2% in the three months ended March from the previous quarter. This may be due to reduced spending by the urban middle class, which should come as a concern for the country's growth, said Rupa Rege Nitsure, chief economist at L&T Finance, the commercial and personal finance arm of India's largest construction company. "It's not a broad-based recovery," she said, adding this means it will be difficult to sustain. Even spending by the 65% of the population living in rural areas, a bright spot in the recent data after a strong harvest, is expected to slow if an El Nino weather pattern brings drought that disrupts the monsoon season, which plays a vital role in the lives of hundreds of millions of people who depend on agriculture. Two-wheeler vehicle sales, a key gauge of rural demand, remain below their pre-Covid levels. "When you look at volume growth, it's very apparent that there has been more stress" in India's hinterland compared to urban areas, Sanjiv Mehta, the outgoing managing director and chief executive officer of Unilever's Indian arm, said in an interview in Mumbai. "It's very understandable when you have this kind of inflation." One implication of a slowdown is likely to be on interest rates. All 40 economists surveyed by Bloomberg forecast the Reserve Bank of India will keep the repurchase rate unchanged on Thursday, after it unexpectedly paused its tightening cycle in April. But Nomura economist Sonal Varma expects the central bank to start cutting rates in October and to lower them by a total of 75 basis points. Another impact, at the margins, may be on PM Modi's prospects in the 2024 polls. India needs growth of 8% to 8.5% annually to employ the 90 million new nonfarm workers that will join the workforce by 2030, a McKinsey report in 2020 said. Despite the pessimism, there are many positives about India's economy. The services sector is booming, while a manufacturing purchasing managers' index reached a 31-month high in May. Tax collections hit a record in April, inflation is easing and foreign-exchange reserves are among the largest globally. Even with the expected slowdown, India will still be the fastest-growing major economy in the world this year, according to International Monetary Fund projections. Germany is in recession, some observers expect the US to follow, and the IMF projects China will grow 5.2% in 2023. HSBC raised its India growth forecast for the current fiscal year to 5.8% this week, up from 5.5%, saying GDP growth momentum has been "steady." And even if India slows in the short term, analysts remain bullish on its long-term prospects. "India is rising in the world order," Morgan Stanley equity strategist Ridham Desai and colleagues wrote in a report on the country's markets this month. But that's all little consolation to Sanjay Kumar Mishra, a 40-year-old security guard at a gated community on the outskirts of Mumbai. He shares a 10 square-meter room with five others, but there's only three in it at any time because people work two shifts. Mishra's wages have hardly changed since the before the pandemic even as inflation surged. He earns about 12,000 rupees ($145) a month. These days, he sends less money home to his family in a village in the northern state of Uttar Pradesh. And they, in turn, spend less. "There's no point arguing on salary," he said. "Somebody else is always ready to work for a thousand rupees less." (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.) Source link Read the full article

#india #IndiaGDP #Indianeconomy

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krehssttechsolution · 2 years ago

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The Indian Electric Vehicle Market Achieved a Significant Milestone

In 2022, EV retail sales surpassed one million units or 4.7% of all vehicle sales. The government’s Vahan website states that approximately 9,89,000 EVs have been registered with regional transport offices as of 29th December 2022. The figures already indicate an increase of more than three times from 2021 (without Telangana data).

The major drivers of the rise have been EV automotive and mobility fleet operators and individuals purchasing two-wheelers. New models, more charging stations becoming available, and reduced operating costs have all attracted customers. Manufacturers like Tata Motors, Ather Energy, and Ola Electric stand to gain the most from the rising use of EVs.

In October, November, and December, EV sales per month exceeded the 1,00,000 mark due to high demand during festival season and year-end purchases. 1,02,000 electric vehicle registrations were made in December, compared to 115,000 and 119,000 sales in October and November.

Even though sales for the industry were down in December, Tata, the dominant player in the four-wheeler market, passed the 50,000 EV mark. It became the first vehicle manufacturer in India to do so this year thanks to its aggressive strategy in the EV market and automotive executive search firms, which helped increase its customer base and raise the necessary awareness. Tata Motors currently control 85% of the market for electric passenger vehicles. According to predictions from the industry, if this year’s trends continue, EV sales might reach 1,00,000 each month over the following 12 months.

Challenges Ahead

The Society of Manufacturers of Electric Vehicles predicts that by 2025, internal combustion engines will have transitioned to electric power by 30%. However, the auto industry’s reluctance to spend more on EVs, the lack of a long-term strategy, and an increase in Covid cases put the sector in severe danger. To prevent over-dependence on suppliers like China, automotive executive headhunters embarked on a long-term policy with a strong emphasis on sourcing great resources within India. Additionally, executive recruiters in the automotive industry are important for a solid supply chain of personnel and essential raw materials like rare earth metals. The EV industry’s expansion goals could be hampered if these aren’t in place.

The ambitious target set by the government is for EVs to account for 30% of private automobiles, 70% of commercial vehicles, and 80% of two- and three-wheelers by 2030. Especially for passenger cars, the auto industry today has a fairly solid order book. Since most of these orders are for high-end models, servicing them will require larger quantities of semiconductors.

The FAME Scheme

In 2015, the government adopted the Faster Adoption and Manufacturing of Hybrid and EV (FAME) scheme for INR 8.95 billion (USD 130 million) to prioritise the transition to e-mobility. This scheme provided subsidies for electric two-wheelers like scooters, electric three-wheelers, and e-cars. INR 8597 crore has been granted incentives under Phase II of the FAME Scheme, which was introduced in 2019. INR 1000 crore has been designated for the construction of charging infrastructure, giving rise to recruitment agencies for the automotive industry due to the rise in workforce demand.

EVs are regarded as the future of the automotive industry as the global energy landscape shifts in favour of renewable and sustainable energy sources in all spheres of life. The demand for EVs will only increase with new government policies and incentives.

Krehsst has continuously reviewed and improved its processes, and as a result, its systems and procedures keep up with the speed of automotive executive recruiters in the industry. Whatever your sector, you can rely on Krehsst’s experience for cutting-edge talent solutions while concentrating on attaining higher savings.

In E-mobility we have extensively worked on powertrain technology, battery management system, and the complete ecosystem of hardware/power electronics, and embedded software in the Electric Vehicle industry. We stand out from other recruitment consultants with our in-depth knowledge of electric vehicle integration.

Challenges Ahead

The FAME Scheme

#automotive executive search firms #automotive executive recruiters #krehssttechsolutions

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autocarindianews · 3 months ago

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Impact of Kia Sonet on the Indian Automotive Market

The Kia Sonet has significantly impacted the Indian automotive market since its launch, becoming one of the most popular sub-compact SUVs. Positioned as a premium yet affordable vehicle, the Kia Sonet in India has captured the attention of a diverse range of customers, from young professionals to small families.

One of the key factors contributing to the success of the Kia Sonet in India is its competitive pricing. With Kia Sonet prices starting from an attractive point, it offers great value for money, making it an appealing choice for budget-conscious buyers. The availability of various trims and engine options allows consumers to choose a model that fits their needs and budget, further boosting its appeal. The Kia Sonet for sale across Kia's extensive dealership network has ensured its accessibility to potential buyers, driving its sales figures higher.

The Kia Sonet has also set new benchmarks in the Indian market in terms of features and technology. It was among the first in its segment to offer a 10.25-inch touchscreen infotainment system, Bose premium audio, and a host of connected car features, which were previously available only in more expensive models. This focus on advanced features has raised customer expectations and pushed other manufacturers to enhance their offerings, thereby elevating the overall market standards.

Furthermore, the Kia Sonet's robust build quality, safety features, and fuel-efficient engines have made it a preferred choice among Indian consumers who prioritize safety and efficiency. Its strong presence has not only boosted Kia's brand image in India but also reshaped the competitive landscape of the sub-compact SUV segment.

The Kia Sonet has made a lasting impact on the Indian automotive market, offering a blend of affordability, innovation, and quality that has set new industry standards and captured the hearts of Indian consumers.

#kia sonet #kia sonet in india #kia sonet for sale #kia sonet prices #kia sonet 2024

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usedcarmania · 2 years ago

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Everything Continues To Go Right With An Etios

Is Toyota’s underrated Etios the ideal way to get you moving?

The Toyota Etios for sale, you’ve probably seen a million of them and never taken a second look, and strangely enough, the Etios is the car people loved to hate.

I say strangely enough because the Etios had a lot to offer when it was launched in 2012 and the reason is simple, the Etios offers everything you need from a car.

The beauty of the Etios lies in the fact that it never pretends to be something more than a car, it’s not a hot hatch or super saloon, a lifestyle vehicle or a head-turner, it's a car that does car things extremely well, making it perfect for people who simply need...a car.

So where did the Etios come from? The Etios sold in South Africa were developed by Toyota initially for the Indian market before spreading to other developing countries in South East Asia, South America and Africa. Subsequently, the Etios which made its way to local shores was sourced from a new plant that Toyota built in India specifically for this model.

Being designed for developing nations meant that the Etios had to be affordable but at the same time reliable, something to which the E-hailing taxi and fleet car industry can attest to. Another big plus that the Etios has going for it is space, despite its diminutive size, the Etios seats five occupants in relative comfort while offering good boot space if you chose the sedan version.

Despite the decent space, many buyers were not impressed by the design or finish of the interior. Well, in my opinion, given the car’s price point and a nod to simplicity, the interior is just fine. Yes, the seats are not covered in Mercedes quality leather or the dash plastics are not on par with BMW, but that’s not what the Etios is about.

Keeping with the K.I.S.S (Keep It Simple Stupid) approach, the Etios is powered by a 1500cc 16-valve engine that produces 66kW and 132Nm of torque mated to a 5-speed manual gearbox. Those power figures may not be anything to write home about but bear in mind, the Etios only weighs 975kg and thanks to all those low numbers (both power and weight), you can enjoy fuel consumption of 6,0 L/100 km.

Having been designed for Indian road conditions, Toyota ensured that the spring and damper rating could cope when things got a little rough while remaining comfortable. This setup endows the Etios with a smooth ride, but don’t expect slick, race car cornering because as you should know; what suspension gives with the comfort hand, it takes away with the cornering hand. Then again, this is a commuter car, not a track day special after all.

Moving onto the styling, the Etios is not going to win any beauty contests but at the same time, it wasn’t exactly ugly either. The styling is simple with no fancy LED lights (gasp, normal bulbs) or fancy trim but there is a hint of sportiness. If you find the styling a little too Plain Jane, Toyota did offer a body kit for the Etios which, when coupled with a nice set of 17-inch wheels, transforms the Etios into a really good-looking car. The Etios Cross however was where the styling took a bit of a strange turn thanks to SUV-style cladding and a “bull bar” integrated into the front bumper and grill. The Etios Cross may not be to everyone’s taste but the raised ride height does make it more practical for the adventure types.

In 2020 however, Toyota discontinued the Etios and replaced it with the Suzuki-sourced Toyota Starlet. Despite this, the second-hand market is overflowing with Etios models and given their popularity, keeping one going is not a costly affair.

So, how much will an Etios cost you? Prices for 2012 models with +/-200,000km can be bought for around R70,000. On the opposite end of the scale, an almost new 2020 run-out model will see you forking out in the region of R270,000. With such a diverse price range and relatively little change throughout its model run, finding an Etios which suits your budget is easy and doesn’t even require a lot of digging!

What I love about the Etios though, despite my passion for modified and performance cars, is that it evokes the spirit of the original Conquest, Tazz and Corolla models from the early 90s. They were basic cars that served as the starting point for so many people, be it their university car or the first car they bought once they started working, and the Etios is just that. So, if you are in the market for a reliable car that can get you from A-B and hit the road down to the coast come December, a used Etios is what you’ve been looking for.

Info shared from https://www.clickacar.co.za/news/

#Toyota Etios #car news #car info

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phonemantra-blog · 6 months ago

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Tata Motors, a leading Indian automaker, is experiencing a significant surge in sales for its eco-friendly vehicles. In a recent investor presentation, the company revealed impressive figures for its CNG (Compressed Natural Gas) and electric vehicle (EV) portfolio, showcasing a growth of up to 120% in the 2023-24 financial year. This robust performance reflects a growing consumer shift towards sustainable transportation solutions in India. Tata Motors Revs Up Green Sales Tata's CNG Vehicles: A Clean and Affordable Option While electric vehicles grab most of the headlines, Tata Motors has also been strategically expanding its CNG car offerings. This focus caters to a wider range of budget-conscious buyers seeking cleaner alternatives to traditional gasoline-powered vehicles. The convenience of readily available CNG infrastructure across India makes CNG vehicles an attractive option for many drivers. While details haven't been disclosed about individual CNG models, Tata Motors' overall CNG sales growth suggests a strong consumer response to its offerings. This growth likely stems from a combination of factors, including: Cost-Effectiveness: CNG is a significantly cheaper fuel option compared to gasoline, offering substantial savings on running costs. Lower Emissions: CNG vehicles produce fewer harmful emissions compared to gasoline counterparts, contributing to cleaner air quality. Wider Availability: CNG infrastructure is more widespread than electric vehicle charging stations in India, making CNG vehicles a more practical choice for many drivers. The Rise of Electric Vehicles: Tata Motors Leads the Charge Tata Motors has established itself as a frontrunner in the Indian electric vehicle market. The recent launch of the Tata Punch EV, the company's first electric SUV built on the new Act. ev platform exemplifies this commitment. Let's delve deeper into the features and considerations surrounding this exciting new offering. Tata Punch EV: A Closer Look The Tata Punch EV boasts a futuristic design, a plethora of features, and two battery pack options to cater to diverse driving needs. Here's a breakdown of the key aspects of this electric SUV: Pros: Multiple Battery Pack Options: The Punch EV comes in two battery pack configurations: a 25 kWh and a 35 kWh option. The smaller pack offers a real-world range of around 200 km, while the larger one extends the range to approximately 300 km. These ranges are likely sufficient for most daily commutes within city limits. For those who require their electric vehicle for both city and occasional intercity travel, the larger battery pack is the better choice. However, for strict city driving, the smaller pack offers a cost-effective option. Both battery packs are compatible with DC fast charging, enabling quicker charging on the go. Feature-Rich Interior: The Punch EV doesn't disappoint when it comes to features. It boasts a dual-screen setup with a 10.25-inch touchscreen infotainment system and a digital driver's display. Wireless connectivity for Android Auto and Apple CarPlay adds convenience, while features like automatic climate control with rear AC vents, a sunroof, ventilated front seats, and an air purifier enhance comfort and convenience. Safety is also a priority, with six airbags coming standard alongside electronic stability control (ESC), an electronic parking brake with auto hold, and a tire pressure monitoring system (TPMS). Additionally, a 360-degree camera with a blind view monitor provides exceptional visibility and driver assistance, a rare feature in this car segment. Thrilling Performance: A hallmark of electric vehicles is their instant torque and quick acceleration. The Punch EV delivers in this aspect, offering a peppy and engaging driving experience. The electric motor packs a punch (pun intended!), resulting in a level of performance not achievable in a similarly priced gasoline car. The long-range version of the Punch EV, equipped with a 122 PS electric motor, accelerates from 0 to 100 mph in a brisk 9.5 seconds. Cons: Limited Rear Seat Space: While marketed as an SUV, the Punch EV's interior dimensions make it more suitable for a family of four. The width of the car restricts comfortable seating for three passengers in the back seat. While headroom is adequate, taller passengers might find legroom and under-thigh support a bit cramped. Price Point Considerations: Although electric vehicles offer environmental benefits, their upfront costs are generally higher compared to gasoline-powered counterparts or similar-sized gasoline SUVs. The top-spec variant of the Punch EV exceeds Rs 15 lakh, placing it in the subcompact SUV segment alongside established players like the Tata Nexon and Kia Sonet. FAQs Q: What factors are driving the growth of CNG and electric vehicles in India? A: Several factors are contributing to the rise of CNG and EVs in India, including increasing awareness about environmental concerns, cost-effectiveness of CNG compared to gasoline, and government incentives like the FAME scheme. Q: What are the key challenges in the wider adoption of electric vehicles in India? A: High upfront costs of EVs due to battery technology, limited charging infrastructure, and range anxiety are some of the main hurdles to overcome for widespread EV adoption. Q: What are the potential benefits of a shift towards CNG and electric vehicles? A: The transition to eco-friendly vehicles can lead to cleaner air, reduced dependence on imported fossil fuels, and a more sustainable transportation ecosystem in the long run.

#cleanair #ClimateChangeMitigation #CNGVehicles #ElectricVehicleChargingInfrastructure #electricvehiclesEVs #FAMEScheme #greentransportation #sustainabletransportation #TataMotors #TataMotorsRevsUpGreenSales #tatapunchev

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121cars · 2 years ago

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121 Cars Online: Gurugram's Refurbished Car Sales of the Future

The days of scouring newspaper classifieds for a second hand automobile or going into several dealerships are long gone. It's now simpler than ever to select a perfect vehicle for you thanks to the growth of online car dealerships. 121 Cars Online, an online car dealership situated in Gurugram that specialises in the sale of utilised automobiles, is one of the game's newest members.

The dedication to convenience and honesty at 121 Online car dealers sets them distinct from conventional dealerships. Buyers may appear secure in their purchase because each of their vehicles comes with an in-depth inspection report. Additionally, every vehicle comes included with a 7-day money-back guarantee, offering purchasers assurance that they can exchange their vehicles.

Greetings to our 121 Online Car Traders, where you will find the most recent information about buying and selling used cars in Gurugram.

Gurugram, sometimes referred to as Gurgaon is a city in the Indian state of Haryana that is experiencing tremendous growth. The desire for automobiles has grown along with the country's developing economy and expanding population. 121 online auto dealers may assist you get the greatest deals in Gurugram whether you're trying to purchase a new car or sell my used cars in gurugram.

With the assistance of 121 online car dealers, selling your old car doesn't have to be a difficult task. Our team of professionals can assist you with every step of the car-selling procedure, including figuring out its value.

Using an online vehicle dealer could be a wonderful choice for you if you're trying to purchase or sell my used car in Gurugram. 121 Online Car Dealers is one such option, offering customers a hassle-free car purchase and disposal experience.

Convenience is one of the main benefits of choosing an online vehicle dealer. You may buy or sell a car with 121 Online Car Dealers without leaving the comfort of your home or going to a physical dealership. This process is easy to perform and just requires a few clicks.

Transparency is another benefit of working with 121 Online Car Manufacturers. The business offers every relevant information about the vehicle, including its history, cost, and condition. This guarantees

#sell my car online #online car dealers #buy cars online #sell cars online #buy used cars online #buy used cars in Gurgaon #sell used cars in Gurgaon #best used car sites

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severepeanutperfection · 2 years ago

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Automotive Antipinch Power Window Systems Market Share and Growth Factors Impact Analysis 2030

New Study Reports ” Automotive Antipinch Power Window Systems Market 2022: Global Key Players, Trends, Share, Industry Size, Segmentation, Opportunities, Forecast To 2030″ has been Added on PMR.

The report on Automotive Antipinch Power Window Systems Market provided based on the recent developments and data that has been collated from the previous year’s looks to provide a thorough understanding. The market overview provided in the initial section looks to provide the reader with adequate information regarding the product and services. It focuses on the market definition along with the product applications and end-user industries. The report covers a period spanning from 2022 to 2030. Competitive analysis and prominent industry trends have been included in the in-depth study provided in the main section of the report.

Over the years, deaths and injuries among children left unattended in motor vehicles have become highly frequent. Most casualties are those of children aged below six years. Injuries in stationary vehicles have received scant attention as compared to motor vehicle crashes. These deaths largely occur due to accidental asphyxiation as a result of the closing of windows. Realizing this, automotive manufacturers have been concentrating on equipping standard passenger vehicles with highly advanced anti-pinch power window systems capable of detecting any obstruction and taking the required corrective action.

As per PMR analysis, the global automotive anti-pinch power window systems market is expected to grow at a steady rate over the next ten years.

Key Players:

The report has profiled some of the Important players prevalent in the global like – Atmel Corporation, Aptiv PLC, NXP Semiconductors, Robert Bosch GmbH, Continental AG, Denso Corporation, Antolin, and Delphi Automotive and more.

Key Takeaways from Automotive Anti-Pinch Power Window Systems Market Study

High preference remains for automatic anti-pinch power window systems, attributed to their swift obstacle detection rate.

The passenger vehicles segment will register substantial growth in the automotive anti-pinch power window systems market, in the wake of rising private vehicle ownership.

Opportunities abound for manufacturers in aftermarket sales channels, with consumers relying on constant maintenance.

COVID-19 to usher in short-term contraction until 2021, attributed to supply chain disruptions experienced in the initial months of the pandemic.

North America to retain market lucrativeness, closely trailed by Asia Pacific through 2030.

“Despite the global recession induced by the COVID-19 pandemic, growth of the market is being sustained by heightening sales of anti-pinch window system hardware via online sales channels,” remarks a PMR analyst.

Emerging Economies to Generate Fertile Ground for Growth

Emerging economies, especially India and China, are expected to be hot beds for future investments in the automotive anti-pinch power window systems market. Growth is largely underpinned by a flourishing automotive industry across both Asian giants. As living standards improve, expenditure on private vehicle ownership is inclining to a large extent.

While Maruti Suzuki India Limited remains the market hegemon, recording over 50% market share until 2019, luxury car sales have boomed as well. Mercedes Benz dominated the Indian luxury car space until 2019, reaching over 3,000 unit sales by Q4. BMW and Audi were not far behind. Such promising sales figures are generating green spaces for the sales of safety enhancement features, including automotive anti-pinch power window systems. Similarly, China witnessed prolific increase in luxury car sales, with Volkswagen topping 6 million units, followed by Mercedes Benz (2.3 million) and BMW (2.1 million).

In addition, the pandemic crisis has compelled consumers to increase ownership of private vehicles to ensure safe travel, leading to an expansion of opportunities for prominent manufacturers in the global automotive anti-pinch power window systems market in the future.

Region Coverage (Regional Production, Demand & Forecast by Countries etc.):

North America (U.S., Canada, Mexico)

Europe (Germany, U.K., France, Italy, Russia, Spain etc.)

Asia-Pacific (China, India, Japan, Southeast Asia etc.)

South America (Brazil, Argentina etc.)

Middle East & Africa (Saudi Araia, South Africa etc.)

Key Stakeholders

Automotive Antipinch Power Window Systems Market Manufacturers

Automotive Antipinch Power Window Systems Market Distributors/Traders/Wholesalers

Automotive Antipinch Power Window Systems Market Subcomponent Manufacturers

Industry Association

Downstream Vendors

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Key Questions Answered in PMR’s Global Automotive Anti-Pinch Power Window Systems Market Study

Which region will hold the highest market share in the global automotive anti-pinch power window systems market during the forecast period?

Which region will experience the highest growth rate (CAGR)?

Which factors are impacting the global automotive anti-pinch power window systems market?

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What is the market structure of the global automotive anti-pinch power window systems market?

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techsciresearch · 2 years ago

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India Electric Two-Wheeler Market to Grow at 29.07% CAGR in terms of value by 2028

Increasing demand for zero emission vehicles and technological innovation drives the India electric two-wheeler market through 2028.

According to TechSci Research report, “India Electric Two-Wheeler Market - Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018- 2028F”, India electric two-wheeler market is anticipated to reach USD 1,028.04 million at a CAGR of 29.07% by 2028 because of rapidly increasing adoptability and technological advancements in electric vehicles. The growth of electric two-wheelers in the country is primarily due to an increase in per capita income resulting in purchasing power as well as concerns over rising pollution levels generated by ICE vehicles. Also, the government provides subsidies under FAME II along with state EV policies for rapid acceptance of electric two-wheeler throughout the country. Additionally, increasing focus on research and development by leading companies as well as many emerging players to develop advanced technology and features while keeping an affordable price range is anticipated to attract more customers, which will result in increasing sales of electric two-wheelers. Electric vehicles can help India reduce air pollution, carbon emissions, and reliance on oil. Electric two-wheelers require less maintenance and service and overall lower operating costs than ICE vehicles because they have fewer moving parts. In addition, other important elements driving the growth of electric two-wheeler sales include the high cost of fossil fuels, growing preference for personal mobility, an increase in alternatives, enhanced charging infrastructure, EV financing options, and incentives under government schemes. However, the lack of charging infrastructure, lack of awareness, and the high initial cost is hampering the growth of the electric two-wheeler market in India. The COVID-19 pandemic had an effect on public health and sparked a global economic crisis. The pandemic had a significant impact on production and the supply chain. During the pandemic, the production of two-wheeler was impacted due to a shortage of auto components. On the contrary, electric vehicles cost between 35 and 50 percent more than traditional cars. Indian vehicle buyers will be hesitant to invest money in EVs or two wheelers until they demonstrate considerable benefits in terms of fuel savings and tax rebates. Another common reason given for the adoption of EVs is the lengthy charging durations of EV batteries compared to the quicker refueling times of ICE vehicles. Even yet, to improve its range while maintaining affordability, the market is seeing more investment and cooperation as it strives for zero emissions and green energy. The sales of electric two-wheeler have increased in 2022, and it is expected to grow by CAGR of 27.62% through 2028 in terms of volume.

Browse more than 24 market data Figures spread through 70 Pages and an in-depth TOC on "India Electric Two-Wheeler Market"

https://www.techsciresearch.com/report/india-electric-two-wheeler-market/1668.html

India electric two-wheeler market can be segmented on the basis of vehicle type, battery type, voltage capacity, battery capacity, range, region and company. On the basis of vehicle type, currently, electric scooter/moped segment dominates the India electric two-wheeler market with a majority of market share. However, the motorcycle segment is expected to grow at 47.72% CAGR by 2028. On the basis of battery type, Lithium-ion battery dominates the India electric two-wheeler market with more than 90% of the total market share due to many emerging players with their advanced technology, which offers zero-emission, high battery capacity and high overall performance. It has been forecast that the same trend will continue in forthcoming years. On the basis of voltage capacity, the 48-59 v category dominates with nearly 70% of the total India electric two-wheeler market share. This is mainly to keep prices of electric two-wheelers competitive and affordable as per the Indian market. On the basis of battery capacity, the <2 KWh segment is leading the market, followed by the 2-2.5 KWh segment. On the basis of vehicle range per charge, the 50-100 km segment gets the highest share, followed by the 101-150 km segment.

Some of the major companies operating in India Electric Two-Wheeler Market include:

Hero Electric Vehicles Pvt. Ltd.

Okinawa Autotech Pvt. Ltd.

Greaves Electric Mobility Pvt. Ltd.

Ather Energy Pvt. Ltd.

PuREnergy Pvt. Ltd.

Ola Electric Technologies Pvt. Ltd

TVS Motor Company

Revolt Intellicorp Pvt. Ltd.

Bajaj Auto Ltd.

Benling India Energy & Technology Pvt Ltd.

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Customers can also request for 10% free customization on this report.

“Many companies are investing in advanced technological research and development, which increases performance per charge, decreases charging time, and improves infrastructure for charging stations, making electric two-wheelers more acceptable to people.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Electric Two-Wheeler Market By Vehicle Type (Scooter/Moped, Motorcycle), By Battery Type (Lithium-Ion, Lead Acid), By Voltage Capacity (48-59 V, 60-72 V, 73-96 V), By Battery Capacity (<2 KWh, 2-2.5 KWh, >2.5 KWh), By Range (<50 km, 50-100 km, 101-150 km, >150 km) By Region, Competition, Forecast & Opportunities, 2028” has evaluated the future growth potential of India Electric Two-Wheeler Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the India Electric Two-Wheeler Market.

Press Release : https://www.techsciresearch.com/news/7681-india-electric-two-wheeler-market.html

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