#Suzuki BEV model

[akulride]

Suzuki Motor Corporation has officially launched its first mass-production battery electric vehicle (BEV), the e VITARA, at the EICMA 2024 in Milan, Italy. Production of the e VITARA is set

[martin-cambell]

India's Electric Vehicle Market Racing Towards a $37.70 Billion Milestone by 2028

India, the world's third-largest automotive market, is on the verge of a monumental shift towards electric mobility, spurred by the government's ambitious target of achieving a 30% penetration of electric vehicles (EVs) among all vehicles sold by 2030. This transformation is not only reshaping the automotive landscape but also paving the way for a sustainable and eco-conscious future.

The Indian EV market is witnessing rapid evolution, largely driven by state subsidies and a concerted push for battery electric vehicles (BEVs). BEVs are emerging as the largest and fastest-growing segment, offering an eco-friendly alternative to traditional internal combustion engines. Government incentives such as the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) scheme, coupled with tax advantages, are making sustainable choices more affordable and accessible to consumers.

Commercial vehicles, in particular, are leading the charge in India's electric vehicle adoption, driven by a growing demand for sustainable transportation solutions. However, challenges remain, including the availability of commercial EV models and the need for a robust supply chain for EV components within the country.

The industry landscape is characterized by significant developments, with companies like Tata Motors, MG, Mahindra, Citroen, BYD, Hyundai-Kia, Maruti Suzuki, and Tesla making strides in the Indian market. Tata Motors, in particular, has captured a significant market share with popular models like Tiago, Nexon, and Tigor, while Hyundai-Kia's Ioniq 5 and Kia EV6 have propelled them into the spotlight.

Looking ahead, the Indian EV market is poised for continued growth, with projections indicating over 300,000 EV units by 2025, representing a remarkable compound annual growth rate (CAGR) of 59%. As industry players invest in innovation and consumers increasingly embrace electric mobility, the future of transportation in India is being rewritten towards a more sustainable and electrified horizon.

To read more, click here.

[toyota-eddie-supriyadi]

Selain mobil listrik, sejumlah produsen otomotif di Indonesia juga menyediakan pilihan teknologi hybrid. Tentunya model yang tersedia lebih beragam hybrid electric vehicle (HEV) ketimbang battery electric vehicle (BEV).

Mengacu pada data Gabungan Industri Kendaraan Bermotor Indonesia (Gaikindo) mobil hybrid terlaris di pasar domestik pada semester pertama 2023, dihuni oleh Toyota Innova Zenix Hybrid dengan posisi pertama.

MPV hybrid andalan Toyota itu berhasil terjual 9.262 unit secara wholesales (pabrik ke diler). Urutan kedua dihuni Suzuki Ertiga Smart Hybrid dengan distribusi dari pabrik ke diler mencapai 3.595 unit periode Januari-Juni 2023.

Urutan ketiga dihuni oleh XL7 smart hybrid yang belum lama ini diluncurkan. Model tersebut berhasil terdistribusikan 1.550 unit. Selanjutnya Toyota Corolla Cross Hybrid terjual 841 unit, dan disusul Suzuki Grand Vitara Hybrid di posisi kelima dengan 711 unit.

Urutan selanjutnya dihuni oleh Lexus RX350h dengan catatan penjualan wholesales 473 unit sepanjang Januari-Juni 2023, Toyota Camry Hybrid 292 unit, Wuling Almaz RS Hybrid 140 unit, serta Lexus ES 300h sebanyak 104 unit.

Selanjutnya, Yaris Cross yang baru meluncur berhasil masuk dalam 10 besar mobil hybrid terlaris semester pertama 2023. Hatchback hybrid ini terjual sebanyak 97 unit.

Alhasil, total penjualan mobil hybrid sepanjang enam bulan pertama 2023 ini mencapai 17.305 unit. Jumlah tersebut sudah melampaui catatan penjualan mobil hybrid tahun lalu yang cuma menembus angka 10.344 unit.

#mobilhybrid #innovazenix #yariscrosshybrid

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[businesstobusiness-b2b]

Automotive Glazing Market to Witness A Phenomenal Growth by 2025

According to the new market research report "Automotive Glazing Market By Application (Sidelite, Backlite, Sunroof, Lighting, Rear Quarter Glass), Vehicle Type (Passenger Car, Light and Heavy Commercial, Off-Highway, Electric), and Region – Global Forecast To 2025", Published by MarketsandMarkets™, The global Automotive Glazing Market size is estimated to be USD 1.0 billion in 2020 and is projected to reach USD 1.7 billion by 2025, at a CAGR of 9.9%.

The market will be driven primarily because of the increase in demand for vehicle weight reduction owing to stringent emission norms. Polycarbonate weighs 50% less than glass and provides 20 times more strength which is estimated to drive the Automotive Glazing Market for polycarbonate.

Browse in-depth TOC on "Automotive Glazing Market"

198 – Tables 63 – Figures 251– Pages

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=133207870

“Passenger car to be the largest market for automotive glazing, by vehicle type”

Passenger cars include vehicles such as hatchback, SUVs, and sedans. According to OICA, the production of passenger cars accounted for the maximum share of the total global vehicle production for all the regions including in 2020 and is expected to dominate during the forecast period. Due to the better adaptability to complex design and glass-like transparency, nearly all vehicles are equipped with polycarbonate front and rear lightings. Applications such as sunroof and rear quarter glass, which are used mainly in passenger cars, are estimated to have high potential for polycarbonate installation. With the increasing installation of sunroof and rear quarter glass applications in passenger cars and usage of polycarbonate for these applications, passenger car is estimated to be the largest segment by vehicle type.

“BEV is projected to be the fastest-growing Automotive Glazing Market for electric vehicle”

Vehicle weight reduction is the predominant criteria in BEVs. As polycarbonate usage in glazing will reduce the vehicle weight by 20–25 kg, it will have a huge impact on the BEV range. Additionally, a majority of BEVs such as Tesla Model X, Model S, Model 3, and BMW i3 fall under the premium vehicle category Premium vehicles are equipped with sunroof and rear quarter glass. These applications are estimated to garner a high potential for polycarbonate glazing. Increasing sales of BEVs coupled with the increasing penetration of polycarbonate glazing applications will result in BEV being the fastest-growing segment.

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“Asia Oceania expected to be the largest Automotive Glazing Market”

Asia Oceania is the largest Automotive Glazing Market and is expected to retain its position during the forecast period. Asia Oceania has emerged as a hub for automotive production in recent years owing to increasing population and urbanization. According to OICA, Asia Oceania accounted for ~46% of the global vehicle production in 2018 because of the presence of OEMs such as SAIC, Hyundai, Toyota, Suzuki, Tata, and Honda. Manufacturers in this region are focused on developing specific solutions that address fuel efficiency mandates. As consumers in the region are showing an increased inclination toward convenience and safety, the region has witnessed higher growth than the matured markets of Europe and North America. Because of high vehicle production, the total market size is greater than North American and Europe because of which Asia Oceania is estimated to be the largest Automotive Glazing Market.

Some of the key players in the Automotive Glazing Market are SABIC (Suadi Arabia), Covestro AG (Germany), Teijin (Japan), Webasto SE (Germany), Trinseo (US), Mitsubishi (Japan), Chi Mei Corporation (Taiwan), Freeglass (Germany), KRD Sicherheitstechnik (Germany), and Idemitsu (Japan). SABIC and Covestro adopted the strategies of expansion, and new product development, to retain their leading position in the Automotive Glazing Market.

Browse Related Report:

Automotive Glass Market by Type (Laminated, Tempered), Application (Windshield, Sidelite, Backlite, Rear Quarter Glass, Side & Rear-View Mirrors), Material (IR-PVB, Metal Coated, Tinted), ICE & EV, Aftermarket, and Region - Global Forecast to 2025

About MarketsandMarkets™

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email: sales@marketsandmarkets.com Research Insight: https://www.marketsandmarkets.com/ResearchInsight/auto-glazing-market.asp

[onwheelsxyz-blog]

Toyota partnering with basically everybody to popularize EVs Toyota early June laid out plans to collaborate with a host of other Japanese automakers as part of a new push to popularize battery-electric vehicles, and to soon reveal new technologies it's developed for next-gen EVs, like solid-state batteries. The announcement was made a day after it was revealed Toyota and Subaru would jointly develop a platform to underpin fully electric midsize and large passenger cars. They also announced a collaboration to jointly develop a C-segment-class BEV crossover for sale under each company's own brand. Suzuki and Daihatsu would also see their badges on compact cars derived from the collaboration, and it's rumoured that Mazda will be involved in the effort, too. Toyota wants to shift focus from the conventional idea of “manufacturing BEVs and having customers buy them” to the idea of searching for partners openly and extensively, striving to engage in initiatives to construct new business models, Shigeki Terashi, executive vice-president at Toyota, said at a presentation June 7 of the challenges facing his company. Parsing all that marketing speak, we find a few nuggets of product information. The lozenge-shaped vehicles shown above are referred to as ultra-compact BEVs and are planned for the Japanese market, targeted at people who prefer smaller vehicles or municipalities who seek to make economical choices. That commercially planned vehicle shown on the left has a planned release date of 2020, with a maximum speed of 60 km/h and

[cakandivali]

What analysts think of M&M's big move

Latest Updates - CA Mitesh MUMBAI: Ford’s decision to partner Mahindra & Mahindra (M&M) for its Indian operations has its fair share of sceptics, but the leadership at the SUV and tractor-maker believes the second alliance in as many decades between the two points to a mutually beneficial journey ahead.Some analysts said the latest tie-up would do little to boost capacity utilisation at the locally listed automaker in the current demand environment, while others cited Mahindra’s ‘far-from successful’ previous alliances with Navistar and Renault.Pawan Goenka, the M&M managing director, disagreed about the fate of the latest venture. “We parted ways as friends. These JVs were never failures,” Goenka said, referring to the previous tie-ups.“For the foreign partners, the collaboration was for entering the Indian market, while we wanted to learn sourcing, advanced technology and manufacturing. We met our objectives, and they met theirs. After 15 years, Ford and Mahindra are back together, which shows the confidence we have in each other.”M&M and Ford (India) recently announced a joint venture, with the former holding a 51% stake. The JV includes the automotive business of Ford India (FIPL), excluding the Sanand powertrain facility that feeds Ford’s global markets.Through the JV, M&M gets access to two new mid-size SUVs on FIPL’s platform, leading to a shorter model introduction cycle. In addition, upcoming emission regulations in India would have increased the company’s R&D expenses. The JV will help both to reduce vehicle development costs.Also, with access to Ford’s BEV platform, M&M is likely to navigate the regulatory hurdles with relative ease, a recent JM Financial Institutional Security report said.It is critical for M&M to get its next few launches right and start gaining market share. Edelweiss says there is lack of clarity on whether M&M will be able to leverage Ford’s petrol engine expertise, which could help M&M in its BS-VI transition.Even as it strengthens its weakening SUV business, earnings could come under pressure in FY20-21 given weak tractor and LCV demand and BS6 emission headwinds in SUVs, CLSA said in a report.Recently, VW-Skoda also announced the merger of their India business. Similarly, Suzuki and Toyota are also working on India-specific alliances.The M&M management is not unduly concerned about questions over sourcing synergies or capacity utilization.“It also means that for several years, neither Mahindra nor the JV will need to invest in building capacity,” Goenka said. “There is also a huge opportunity in exports, both for Mahindra and Ford.Mahindra will be able to leverage the Ford distribution network in emerging markets and Ford will be able to leverage Mahindra’s products.” Exports account for about 7-8% (approximately 3,000 units a month) at M&M, and the JV will help enhance shipments through Ford networks, particularly in the Gulf and Asean countries.Ford is the biggest exporter of PVs from India, shipping out 162,800 units in FY19. 71571089 In the short term, the venture will improve sourcing and operational efficiency. In the medium term, export volumes will rise, while product development will be the longterm benefit of the alliance, Goenka said.Jeffries in a report said that despite potential cost savings, M&M may not gain much from the capacity addition due to Ford’s weak domestic franchise and high reliance on exports. Over the past three years, Ford has utilised 55-60% of its capacity, with its domestic market share largely stuck around 3%.To be sure, a recent Narnolia report expects the alliance to do well. It has pencilled in cost savings of 35-40%, as both companies would jointly work on common product development platforms. Chartered Accountant For consultng. Contact Us: http://bit.ly/bombay-ca