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#electric two wheelers manufacturers in India
ceeonindia321 · 1 year
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Best Electric Rickshaw Manufacturer in India | Ceeon India
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Ceeon India is one of the top and best Electric Rickshaw Manufacturer in India. Ceeon India offers a wide range of electric rickshaws that dominate Indian roads. Also with three-wheelers & two-wheelers very innovative designs not like other manufacturers in India. Electric scooter manufacturer, Best e scooty company in India. For more details visit us: https://ceeonindia.co.in/
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metalmanauto · 3 days
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Looking for Three-Wheeler Components? Metalman Auto Delivers!
Get high-performance three-wheeler components from Metalman Auto. We offer a diverse selection to meet your specific requirements. Our commitment to quality ensures long-lasting performance.
Metalman Auto Ltd. supplies robust and reliable commercial vehicle parts, ensuring top performance and longevity. As one of India’s first companies to offer complete metal fabrication, finishing, and assembly services, we cater to various OEM needs with high-quality products. Contact us at +91 240 665 2444 (Ext. 500) or email [email protected]. As a trusted agri-vehicle components manufacturer, Metalman Auto Ltd. delivers precision parts that enhance the efficiency of agricultural vehicles. Our capabilities include sheet metal fabrication, tubular structures, and assembly, ensuring comprehensive solutions for OEMs. Established in 1986, we are a pioneer in metal component manufacturing.
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metalmanautoltd · 16 days
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Best OEM Automotive Parts Supplier | Metalman Auto Ltd
We Are the Best OEM Automotive Parts Supplier: Excellence in Every Component Metalman Auto Ltd. is the best OEM automotive parts supplier due to our unmatchable quality. Our pioneering efforts in excellence and customer satisfaction have made us the top choice for a variety of Original Equipment Manufacturers and vehicles. In addition to 2Ws, which include EVs and ICE two-wheelers, the same is true for 3Ws, PVs, CVs, AVs, and OHVs. Moreover, we are masters in producing components that suit to white body goods, and we are excellent in contract manufacturing part of the eco-system for 2W EV OEMs. Cutting-Edge Technology for Superior Products We use cutting-edge technology to make top-quality automotive parts in Metalman Auto Ltd. Our cutting-edge manufacturing facilities are equipped with specialized machinery and the latest state-of-the-art equipment; these devices are designed to allow us to produce complex components to close tolerances, exactly matching the needs of all OEMs. To achieve exceptional accuracy and dependability, we integrate CNC devices, our in-house robotic, and modern manufacturing. Our robot is designed to conduct intricate welding and metal forming tasks; greater control power is used to rule-out human error, reduce waste, and make more precise finished goods.
Quality Assurance tools, AI and Machine Learning
We are building quality. We use AI and automation in the manufacturing process to ensure every produced part meets our high standards. Our AI system checks the production in the best case in real time and makes a look whether there are defects or inconsistent results that disqualifies the product. Through use of these advanced algorithms that analyze data from many points throughout the manufacturing process, we can diagnose and fix problems before they rear their heads in finished parts.
Besides quality checks, our AI software is also optimizing the finishing processes for us. Such tasks include polishing, coating and painting all the parts to make sure not only will they work as intended but also look good doing it. We can do this while focusing on processes that will deliver end results of lasting, more aesthetically-pleasing products with a protective coating built in.
Devotion to Innovation and Incremental Improvement
Innovation is the key to stay best OEM auto parts manufacturers, as we think at Metalman Auto Ltd. Our team is always on the prowl for cutting edge technology and new innovative methods to incorporate into our manufacturing processes. This involves incorporating the latest metal finishing equipment and techniques to improve the quality of our components, in terms of their performance and aesthetics.
We also appreciate the need to avoid complacency in our quest for greatness. Our team of engineers and technicians are continuously working to perfect our processes, reducing lead times and improving the efficiency across all aspects of operations. With a culture of innovation and building to continually improve, high-quality products are being released from us.
Our Valued Clients
Over the years, we have been able to work with some of the biggest names in automotive and industrial. Our clients are Hero, TVS, Gogoro and more from the Manufacturer side & Mahindra Electric| Honda Motorcycle | Ather Energy | Bajaj Auto CNH Industrial Epiroc JCB LiuGong Normet Sumitomo Riko Group Michelin Camso etc. These relationships underscore our dedication to quality, dependability and customer service as well the offering of premium products that cater to a variety of industry needs.
Various Automotive and Industrial Use Cases
We offer a wide range of components that are suitable for diverse vehicle types. We cater from the smaller two-wheeler parts (electric and ICE) to three wheelers, passenger vehicles, commercial vehicles, agri-vehicles and off-highway vehicles. Besides, we are experienced in white goods cosmetic part fabrication like washing machine front and rear panels and back covers so as to offer an extensive application field.
Why Metalman Auto Ltd. For OEM Automotive Parts?
When you source your aftermarket car parts from Metalman Auto Ltd., you are sure to be working with an OEM automotive manufacturer that prioritizes quality, innovation and customer satisfaction above all else. With how much we have been doing with cutting edge technology and never settling for less of a product when it comes to performance, the portfolio is well tailored to meet OEM demands from automotive or the industrial sector.
Please feel free to get in touch with us as soon as possible for more information regarding our automotive parts manufacturing capabilities and how we can provide your business with the highest quality components which are engineered tough enough to manage even punishing conditions.
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seselectric · 4 months
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Electric Scooter in India | SES Electric
SES Electric offers high-quality electric scooters in India, known for their efficiency, eco-friendliness, and innovative design. These scooters provide a cost-effective and sustainable mode of transportation, featuring advanced technology and reliable performance. Ideal for urban commuting, SES Electric scooters are a popular choice for those seeking convenience and a reduced carbon footprint.
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Crayon Motors: The Best Electric Two-Wheelers in India
With a focus on quality, safety, sustainability, and after-sales support, Crayon Motors is one of the Best Electric Two Wheelers in India. The company is certain to have a big impact on the Indian market for electric two-wheelers with its selection of well-built, dependable, and environmentally friendly vehicles. Read more : https://crayonmotors.blogspot.com/2023/03/crayon-motors-best-electric-two.html
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smgeospvaig · 6 months
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Electrical Scooter Manufacturer Varanasi, Uttar Pradesh, India | SPVAIG Automobiles Private Limited
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SPVAIG Automobiles Private Limited Manufactures Electric Scooty and electric Bikes In India, As Well As Also Makes Dealer And Sub-dealer.
Our Company Is Now Covering India And Will Be Working All Over The World In The Coming Times. We Have Our Own Chassis, Painting, and Assembly Factories with Independent R&D And Design Capabilities, And A Complete Set Of Testing Equipment As Quality Assurance. Our Main Products Are Two-wheel/Three-wheel Electric Scooter/Motorcycle/Bike, Three-wheel Cargo Motorcycle. And In The Coming Time We Will Also Make Four-wheelers.
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tatatechnologies · 2 years
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Celebrating India’s EV Journey
Today is World EV Day. The day is observed every year with special awareness campaigns being organized globally to educate people about the benefits of electric vehicles.
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While China is the world’s largest EV market, India is the second largest and most promising. Driven by incentives by the Centre and the states, the adoption of EVs is gaining momentum. India’s EV sector is attracting increasing investments in battery technology, charging infrastructure and product options. Some of the biggest brands in the EV space include Tata Nexon in cars, the Mahindra Treo in three-wheelers and Hero Electric and Ola in scooters. In addition, there are a whole lot of startups that are working on various aspects of the EV eco-system.
In this article, Autocar Professional takes you through India’s EV landscape with leaders in the segment commenting on sustainable mobility and a zero-emission future.
Meanwhile, a recent study by Castrol study has highlighted key insights on EV readiness for markets, carmakers, and consumers. Its global survey ‘Switching ON the rEVolution’ covering 10,000 consumers and 100 leaders from car manufacturers in 10 key global markets, including India suggests that 44 percent of consumers surveyed in India are considering an EV for their next vehicle purchase while 55 percent are still considering an ICE vehicle.
Shailesh Chandra, MD, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility
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World EV Day is indeed a special day for us, as we look back and reflect on our journey so far. We are proud to lead the EV market in India, with a lion’s share of 88 percent. As early entrants, we have shaped the market and seen it grow with Nexon EV and Tigor EV. We have over 40,000 Tata EVs plying on road. We have also established Tata UniEVerse, a one of its kind EV ecosystem, which is further propelling the EV adoption.
Santosh Iyer, VP-Sales & Marketing, Mercedes-Benz India
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Mercedes-Benz Indian has a very aggressive EV roadmap for the Indian market with three new luxury EVs. We pioneered luxury EVs in India with the EQC in 2020, which received good response from the early adopters in the luxury segment. EQC’s acceptability and market success set the ground for other brands to foray into the luxury EV segment.
Suman Mishra, Mahindra Electric Mobility
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We celebrate India’s electrification journey. At Mahindra Last Mile Mobility, we are committed to promoting sustainable motoring with zero emission products. I am confident that with our collective efforts, we can enable a green and smarter tomorrow for India.
Warren Harris, CEO, Tata Technologies
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Tata Technologies’ vision of Engineering a better world embodies our commitment to providing sustainable solutions especially in the rapidly growing Electric Vehicle Market. The transition to EV is also an opportunity and would also be synonymous with a move to connected vehicles enabled by ADAS and digital customer experience solutions. Tata Technologies offers end-to-end solutions for engineering, manufacturing support, and customer experience solutions for EVs globally. We have developed an elaborate EV ecosystem through alliances and partnerships across the world, including an alliance with MIH Consortium which enables us to leverage the EV ecosystem to deliver best value for our Customers.
Nagesh Basavanhalli, Executive Vice Chairman, Greaves Cotton
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Greaves Electric Mobility owned Ampere is one of the fastest growing electric two-wheeler brands in the Country while the company also operates/owns the rapidly growing e-rickshaw brand Ele (Bestway) and the Teja (MLR Auto) range of L5 category three wheelers. Together the portfolio offers a strong value proposition to electrifying the way people and goods move across our country.
Mahesh Babu, CEO, Switch Mobility India, COO, Switch Mobility
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To meet India’s global commitment to become Net Zero by 2070, we need to prioritize not just public transport, but public transport with zero tailpipe emissions. Electric buses are clearly the best and obvious solution to accelerate decarbonisation with increasing mass mobility. It is this imperative that guides us at Switch Mobility — to help India attain its ambitious Net Zero target by offering the society with smart, clean mass mobility solutions that are also technologically advanced, safe and comfortable for passengers. Our vision is to transform mass mobility across cities and highways, and bring about a clean revolution in the way people travel. I take the opportunity on World EV Day 2022 to invite partners and people who share the same vision to jointly achieve this critical transition.
Balbir Singh Dhillon, Head of Audi
We have installed 100+ chargers pan-India and 16 high-speed 50kW chargers across our dealerships located across strategic highways within the country. In line with our global plans to be all-electric by 2033, we are aiming to achieve about 15 percent of our India sales from EVs by 2025–2026. It’s time we start to care for the climate. I think the sooner we realise we are responsible for it, the better it is for all.
Read More: https://www.tatatechnologies.com/en/media-center/celebrating-indias-ev-journey/
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techqanswerdotin · 2 years
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130km per full charge, top speed 75km! Amazing Telangana Company!
130km per full charge, top speed 75km! Amazing Telangana Company!
Pure Energy has launched an electric bike that gives a mileage of 135 km on a full charge. The Pure EV Company has released an e-bike in India yesterday, which looks like the Bajaj Platina, and is said to challenge the petrol bikes. All important information about this vehicle can be seen and bought in this post. Pure EV is an electric two-wheeler manufacturing company based in Hyderabad,…
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India 2-Wheeler Market : Current Analysis and Forecast (2024-2032)
The two-wheeler (2-wheeler) market in India is among the biggest grossing markets across the globe and is heavily integrated into the Indian population. Affordable, convenient, and fuel-efficient, two-wheelers account for a dominant share of the number of vehicles owned by Indians. From the masses transport region to the countryside the need for motorcycles and scooters remains high. According to industry reports, India two-wheeler market size was over 150 million units in 2022 and hence, depicts the massive demand for such vehicles in Indian transportation. As consumers go for different products and services, various technologies being unveiled and the ever-shifting policies and regulations, the market is set to expand.
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Market Overview and Key Drivers:
Affordability and Accessibility: The simplest reason behind the two-wheeler market growth in India has always been because of its low cost. Compared to cars, two-wheelers are cheaper, and thus available in the market for the broad population group. Besides, motorcycles are used by individuals living in rural regions as transport since access to public transport in such regions with harsh terrains is a challenge. In urban areas, people use scooters and bikes to move within the traffic-congested areas with ease. Much as they posed a financial strain when they were first imported require little money to own compared to other transport means, and have low maintenance requirements, two-wheelers have now become part of India’s transport systems.
Urbanization and Growing Middle Class: The use of two-wheelers has been on the rise in India primarily due to the increasing rate of urbanization and the increase in the size of middle-income earners. that as more people go into the cities for employment and other facilities such as education then more demand will result in personal transport. There are many users of scooters and other two-wheelers because they are easy to maneuver and economical in traffic-prone areas. Also, a higher disposable income packed on the middle-class buyer in India has resulted in early conversion and upgrade to the more upscale two-wheeler variants.
Fuel Efficiency and Environmental Impact: In a situation where fuel prices remain unpredictable in the country, two-wheelers are more fuel efficient as compared to four-wheelers. Scare awareness of the environment and its sustainability is leading to the increasing popularity of electric two-wheelers (E2-Wheelers). Recent measures for greener automobiles, specifically subsidies and incentives for electric vehicles (EVs) are making Indians consider E2-Wheelers. The shift towards electric mobility in the world and India especially in the two-wheelers has opened a great chance of development in each market particularly as the charging infrastructure is developed.
Government Initiatives and Regulations: The Indian government has implemented various policies to boost the automotive sector, including the two-wheeler market. Initiatives such as the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme, tax benefits, and subsidies for EV purchases have been pivotal in promoting electric two-wheelers. Furthermore, stricter emission norms, such as the Bharat Stage (BS) VI regulations, have pushed manufacturers to innovate and produce cleaner, more efficient vehicles.
Market Segmentation
Motorcycles vs. Scooters: The motorcycle segment remains the most popular in India among all two-wheelers and commands more than 60% of the market share. There is a healthy market for motorcycles in rural areas because these vehicles are strong, and they can move in the rough terrains that are common in rural areas. On the other hand, scooters have particularly transformed and gained recognition within the urban setting due to factors such as flexibility of use, low costs of maintenance, and use of automatic transmission. Honda and TVS are the leading scooter makers while Bajaj Auto and Royal Enfield have premium and sports bike segments.
Electric Two-Wheelers (E2-Wheelers): Electric two-wheelers are also quickly gaining ground in the Indian market. With environmental worries and the drive for more sustainable means of transport, people are gradually transitioning from conventional ICE automobiles to electric ones. Ather Energy and Ola Electric have recently launched new generation electric scooters with powerful batteries at reasonable prices and the latest Bajaj electric scooter has a significantly higher range than its domestic competitors. Other factors that have boosted the sales of electric two-wheelers in India include battery swapping stations, government policies, and reduced cost of lithium-ion batteries.
Rural vs. Urban Demand: Another segment that looks large for the motorcycle industry in India is the rural markets which constitute 55% of two-wheeler sales. In these areas, there is heavy dependency on two-wheelers for traveling to and fro the workplace or for carrying goods. While in urban regions scooters are more in demand because of convenience and traffic conditions. The fact that the consumption pattern varies geographically makes it possible for manufacturers to provide for the two segments using different products.
Issues Affecting the Two-Wheeler Market
Supply Chain Disruptions: The current COVID-19 pandemic unraveled the problems with the global supply chain where there were holdups in production and shortage of chips for example. What this did for the two-wheeler industry was that it enhanced the duration of waiting for consumers and elevated the cost to the manufacturers. Despite this, there has been continuity within the market and disruptions including disruptions of supply chains for global trades and shortages of the materials that affect the two-wheelers’ supplies and costs.
Rising Competition in the Electric Segment: The increased usage of electric two-wheelers has attracted new entrants, hence additional competition in the industry. Players that earlier used to provide traditional two-wheelers are now facing competition from new-age startups and technology companies that are progressing rapidly in the e-mobility segment. The complexity with the established brands is to innovate on fuel-burning vehicles while at the same time investing in electric mobility solutions.
Access sample report (including graphs, charts, and figures): https://univdatos.com/get-a-free-sample-form-php/?product_id=3654
High Cost of Electric Two-Wheelers: Electric two-wheelers are now increasingly being sought after, but they are more expensive as compared to other traditional ICE vehicles. Even with government subsidies, affordability remains a major issue for consumers, and this has been well illustrated as far as rural consumers are concerned. Also, sentiments such as concern for battery capacity and lack of access to charging facilities in semi-urban and even rural areas affect the uptake of the product.
Stricter Emission Regulations: There are also well-intentioned actions such as tighter emission standards as the shift to BS VI has raised the price of two-wheelers because of increased costs of revamping engines and technologies.
Opportunities and Future Outlook
Expansion of the Electric Two-Wheeler Market: The strategy of electric mobility will determine the future of the two-wheeler segment in India. The government has been very sensitive to its emission reduction goals and the adoption of EVs in the country and therefore this sector of the electric two-wheelers market is expected to grow very soon. They provide infrastructure, battery, and charging technology, and research and development associated companies will be other major beneficiaries of the growth. Smart technologies consisting of IoT connection, digital displays, and enhanced, and connective services make these electric two-wheelers more attractive to consumers.
Innovation in Financing Options: Manufacturers have had to look for ways of further unlocking the two-wheeler market through employing strategies like low down payment, long-term loans, and ‘use and subscribe’. These options coupled with an extension of micro-financing facilities in rural areas can create demand, especially the electric two-wheelers. Such partnerships between the manufacturing firms and the institutions and the fintech have played the role of a funnel of providing affordable prices to consumers across different income levels.
Conclusion
India's two-wheeler market is a cornerstone of the country's transportation ecosystem, driven by affordability, convenience, and rising urbanization. The increasing focus on electric two-wheelers, government initiatives, and the continued growth of both rural and urban demand point to a promising future. While the industry faces challenges like supply chain disruptions and the high cost of electric vehicles, innovations in technology and financing will help drive further growth. As the market evolves, India’s two-wheeler industry is set to play a crucial role in the transition towards sustainable and accessible mobility.
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ceeonindia321 · 1 year
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Top E Bike Manufacturing Company In India | Ceeon India
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Ceeon India electric vehicle manufacturer in India. Best and high-quality products designed such as e bike manufacturing company in India, Electric two-wheelers manufacturers in India, Electric scooter manufacturers, Best e scooty companies in India, As well as electric rickshaw manufacturers and suppliers in India, etc. For more information visit us: https://ceeonindia.co.in/e-bike-manufacturing-company-in-india/
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metalmanauto · 5 days
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Metalman Auto: Your Trusted Partner for Passenger Vehicle Parts
We are a leading manufacturer of high-quality passenger vehicle parts at Metalman Auto. Our extensive catalog caters to various models and applications. Choose us for reliable parts and exceptional service.
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metalmanautoltd · 17 days
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Metal Finishing for Automotive Parts: Advancing with Technology and Expertise
In the world of automotive manufacturing, metal finishing plays a crucial role in enhancing the durability, appearance, and performance of various components. At Metalman Auto Ltd., we are committed to delivering high-quality metal finishing solutions that meet the stringent demands of Original Equipment Manufacturers (OEMs). With our state-of-the-art technology, innovative processes, and dedication to excellence, we have positioned ourselves as leaders in the field of metal finishing for automotive parts.
The Importance of Metal Finishing in the Automotive Industry
Metal finishing is an essential step in the manufacturing process that involves treating the surface of OEM metal components to enhance their resistance to corrosion, wear, and tear, while also improving their aesthetic appeal. In the automotive industry, where components are exposed to harsh environments and extreme conditions, metal finishing ensures that parts not only perform efficiently but also maintain their appearance over time.
Leveraging Advanced Technology for Superior Metal Finishing
At Metalman Auto Ltd., we continuously invest in cutting-edge technology and equipment to provide our clients with the best metal finishing solutions. We utilize advanced CNC machines and automated robotic systems to ensure precision and consistency in every component we produce. Our investment in AI and machine learning software enables us to optimize our manufacturing processes, reduce waste, and improve the overall quality of our products.
Our unique approach combines traditional metal finishing techniques with modern technology to deliver unmatched results. For instance, our use of AI-powered robots and automated bots allows us to achieve a level of precision and consistency that manual processes simply cannot match. These technologies enable us to produce components with extremely tight tolerances, ensuring that they meet the exact specifications required by our clients.
Our Commitment to Quality and Innovation
At Metalman Auto Ltd., we understand that quality is the cornerstone of our success. We are dedicated to maintaining the highest standards in everything we do, from the raw materials we source to the final products we deliver. Our team of skilled professionals works tirelessly to ensure that every component that leaves our facility is of the highest quality.
To achieve this, we employ a combination of rigorous quality control measures and continuous improvement practices. Our state-of-the-art inspection equipment, such as coordinate measuring machines (CMMs) and digital microscopes, allows us to detect and correct any defects before components are shipped to our clients. Moreover, our commitment to continuous improvement drives us to explore new technologies and processes that can further enhance our metal finishing capabilities.
Utilizing AI and Machine Learning for Process Optimization
One of the ways we stay ahead of the competition is by leveraging AI and machine learning to optimize our metal finishing processes. These technologies allow us to analyze vast amounts of data from our production lines and identify patterns that can help us improve efficiency and reduce costs. For example, by using machine learning algorithms, we can predict when equipment is likely to fail and perform preventive maintenance, thereby minimizing downtime and maximizing productivity.
Additionally, our AI-powered software helps us optimize the parameters of our finishing processes, such as temperature, pressure, and chemical concentrations, to achieve the best possible results. This not only improves the quality of our products but also reduces waste and lowers our environmental impact.
The Role of Skilled Professionals in Metal Finishing
While technology plays a vital role in our metal finishing processes, we also recognize the importance of skilled professionals in delivering exceptional results. Our team of experts brings years of experience and a deep understanding of metal finishing techniques, enabling us to tackle even the most challenging projects. We invest in ongoing training and development programs to ensure that our team remains at the forefront of industry advancements and is equipped to handle the complexities of modern automotive manufacturing.
Conclusion: Shaping the Future of Metal Finishing for Automotive Parts
At Metalman Auto Ltd., we are proud of our reputation as a leader in metal finishing for automotive parts. Our commitment to innovation, quality, and customer satisfaction drives us to continuously explore new technologies and processes that can enhance our capabilities. By combining state-of-the-art equipment, AI and machine learning, and the expertise of our skilled professionals, we deliver metal finishing solutions that set new standards in the industry.
Whether you are an OEM looking for a reliable partner for your metal finishing needs or a business seeking to enhance the quality and durability of your automotive components, Metalman Auto Ltd. is here to help. Contact us today to learn more about our comprehensive range of metal finishing services and how we can support your success in the competitive automotive market.
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seselectric · 4 months
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The Rise of Electric Scooters in India: Exploring SES Electric
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India is experiencing a transformative shift in its transportation landscape, with electric scooters emerging as a popular and sustainable alternative to traditional vehicles. Among the leading players in this market is SES Electric, a company that is rapidly gaining traction for its innovative and eco-friendly electric scooters. In this blog, we will explore the rise of electric scooters in India and delve into what makes SES Electric a standout choice for eco-conscious commuters.
The Growing Popularity of Electric Scooters
Electric scooters have become a symbol of urban mobility in India, addressing critical issues like air pollution, rising fuel costs, and traffic congestion. The Indian government’s push for electric vehicles (EVs) through subsidies and supportive policies has further accelerated this trend. Cities like Bangalore, Pune, and Delhi are witnessing an increasing number of electric scooters on their roads, marking a significant shift towards greener transportation options.
Several factors contribute to the popularity of electric scooters in India:
Environmental Benefits: Electric scooters produce zero tailpipe emissions, significantly reducing air pollution. This is particularly crucial for Indian cities, many of which rank among the most polluted in the world.
Cost Efficiency: With the rising prices of petrol and diesel, electric scooters offer a cost-effective alternative. The running costs of electric scooters are considerably lower, thanks to cheaper electricity rates and reduced maintenance requirements.
Government Incentives: The Indian government offers various incentives, including subsidies, tax benefits, and exemptions from road taxes, to promote the adoption of electric vehicles.
Technological Advancements: Improved battery technology has enhanced the range and performance of electric scooters, making them a viable option for daily commutes.
SES Electric: Leading the Charge
SES Electric has emerged as a prominent player in the electric scooter market in India, known for its commitment to quality, innovation, and sustainability. Here’s what sets SES Electric apart from its competitors:
Innovative Design: SES Electric scooters boast sleek and modern designs that appeal to urban commuters. The lightweight frame and ergonomic design ensure a comfortable ride, while the aesthetic appeal attracts a younger demographic.
Advanced Battery Technology: At the heart of SES Electric scooters is cutting-edge battery technology. These scooters feature high-capacity lithium-ion batteries that offer impressive range and quick charging capabilities. A single charge can take you up to 100 kilometres, making them ideal for city travel.
Smart Features: SES Electric scooters come equipped with smart features such as GPS tracking, mobile connectivity, and anti-theft systems. The dedicated mobile app allows riders to monitor battery status, locate charging stations, and even remotely lock/unlock their scooters.
Eco-Friendly Manufacturing: SES Electric is committed to sustainability, not just in the products they offer but also in their manufacturing processes. The company ensures minimal environmental impact by utilizing eco-friendly materials and sustainable production practices.
Customer Support and Service: SES Electric prides itself on exceptional customer service. They offer comprehensive after-sales support, including regular maintenance services and easy access to spare parts. The widespread network of service centres ensures that help is always nearby.
The Road Ahead
The future looks bright for electric scooters in India, with increasing awareness and acceptance among consumers. SES Electric is well-positioned to lead this revolution, thanks to its innovative approach and customer-centric focus. As more people realize the benefits of electric scooters, both in terms of cost savings and environmental impact, the demand for brands like SES Electric is set to soar.
In conclusion, the rise of electric scooters in India marks a significant step towards sustainable urban mobility. SES Electric stands out as a beacon of innovation and reliability in this burgeoning market. By choosing SES Electric, commuters are not just opting for a convenient mode of transportation but also contributing to a greener and cleaner future for India.
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Padmini VNA Mechatronics Ltd At Padmini VNA Mechatronics Ltd, we recycle 100% of waste generated, thus sending zero waste landfill. Through dedicated efforts over the years, we have successfully: Implemented a plastic ban policy, operating as a single-use plastic-free company since 2020. For more information visit our website: https://padminivna.com/
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ashwariyaagg · 3 days
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India's Electric Two-Wheeler (E2W) Export Potential
SWOT Analysis
Strengths
Strong Domestic Market Growth
E2W market share rose from 0.4% (252,641 units) in 2020-21 to 5.4% (728,054 units) by early 2023.
0.94 million E2Ws sold in FY24, a 30% increase from the previous year.
Established Two-Wheeler Manufacturing Base
17.9 million two-wheeler units produced in FY24, up 13% from FY23.
3.458 million two-wheelers exported in FY23, despite a 5% dip.
Government Support
FAME II and EMPS schemes provided subsidies, making E2Ws more affordable.
New PM E-DRIVE scheme to provide Rs 10,000 per E2W sold until March 2025.
Strong Player in ICE Two-Wheeler Exports
India exported 3.6 million ICE two-wheelers in FY23.
Bajaj and TVS export nearly 50% of their production.
Weaknesses
Minimal E2W Exports
Only 1,609 E2W units exported in FY24, compared to China's 15.046 million units in 2023.
E2W exports constitute just 1.80% of India's total two-wheeler exports (April-June 2024).
Dependence on Imported Components
Heavy reliance on imports for battery components.
In FY23, India imported $2.6 billion worth of accumulators and batteries from China alone.
Limited Battery Manufacturing Capability
Battery cells are currently not manufactured in India.
Batteries account for 35-40% of E2W vehicle price.
Reduction in Government Subsidies
FAME II subsidies being phased out.
PM E-DRIVE subsidy to be halved after March 2025.
Opportunities
Growing Global E2W Market
China exported 15.046 million E2W units in 2023, indicating a large existing market.
Potential in Emerging Markets
Indian manufacturers can leverage their expertise in affordable vehicles for emerging markets.
Increasing Local Component Manufacturing
Auto component industry expected to invest over Rs 25,000 crore in the next 3-4 years for EV parts.
Domestic E2W component market potential projected to exceed Rs 1 lakh crore by 2030.
Rapid Growth in E2W Exports
E2W exports in Q1 FY25 (2,814 units) have already surpassed total exports for FY24 (1,603 units).
Threats
Chinese Dominance in Global E2W Market
China accounts for nearly 90% of global E2W sales.
Projected to continue dominating through 2035.
Cost Competitiveness
Reduction in government subsidies may impact price competitiveness.
Supply Chain Vulnerabilities
Continued reliance on imports for critical components like batteries.
Technological Gap
Need to catch up with advanced battery technologies and manufacturing processes.
Key Takeaways
India has a strong foundation in two-wheeler manufacturing and a rapidly growing domestic E2W market, providing a solid base for export growth.
The current E2W export numbers are minimal compared to the overall two-wheeler exports, indicating significant room for growth.
Developing a robust local component manufacturing ecosystem, especially for batteries, is crucial for long-term export competitiveness.
Leveraging existing strengths in ICE two-wheeler exports and focusing on emerging markets could provide quick wins in E2W exports.
Government policies need to balance between supporting the industry and encouraging self-reliance to ensure long-term sustainability in the global market.
Competing with China's established dominance will require significant technological, manufacturing, and market development investments.
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altiusinvestech · 7 days
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Risks and Rewards of Investing in Studds Accessories Unlisted Shares
Investments in unlisted shares of well-established companies such as Studds Accessories offer exciting chances but also possess inherent risks. Studds is a global leader in the helmet manufacturing sector and has demonstrated solid growth to position itself as an attractive option for investors.
The blog explores the risks and rewards of investing in studds accessories unlisted shares, allowing a comprehensive view of an informed decision.
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Overview of the Company
Studds Accessories Limited is a leading Indian manufacturer, and also the largest producer of two-wheeler helmets worldwide, with more than 7 million helmets and 1 million motorcycle accessories made every year. The company has around 30% of market share in India as well as exports their products to more than 70 countries including Europe, Asia, America and Australia.
Rewards of Investing in Studds Accessories
1) Market Leadership and Brand Presence
Studds dominates in the Indian helmet segment, with a strong brand reputation extending globally. This established market leadership and brand presence gives a considerable competitive advantage, aiding the company's prospects of growth and making it a reliable investment opportunity​.
2) Consistent Financial Performance
Studds has showcased exceptional financial growth, with revenue increasing from Rs 491 Crores in 2023 to Rs 529 Crores in 2024. PAT or Profit after tax also rose well, from Rs 33 Crores to Rs 57 Crores in the same interval. The company’s strong balance sheet, highlighted in its increasing net worth as well as positive cash flow from operations, marks its financial stability.
3) Diversification and Strategic Expansion
Studds would be expanding its product portfolio through entering new segments, like bicycle helmets, while leveraging opportunities in the growing EV or electric vehicle market in our country. With various new manufacturing facilities with the objective of doubling production, Studds is poised to capture emerging market chances, leading to potentially  higher revenue and profitability in the upcoming years.
4) Domestic Growth Potential
It is believed that the Indian market is continuing to fuel growth for Studds due to the increasing awareness among consumers about road safety and the introduction of more stringent requirements for safety helmets. The extensive distribution network of the company and an established market presence allows it to benefit from the growing demand in our nation.
5) Focus on Compliance and Innovation
Studds is committed to advanced innovation and compliance, especially in the international market where standards for safety are growing more stringent. The firm's proactive approach to modifying its product lines in compliance with the latest regulations, ensures it is competitive worldwide. It opens the door to more expansion and revenue growth.
Risks of Investing in Studds Accessories
1) Export and Regulatory Challenges
Export sales in 2024 had been impacted by new safety norms and certification requirements in key European markets, causing a decline from Rs 67 Crores in the year 2023 to Rs 53 Crores in 2024. While the organization works on complying with these standards, regulatory modifications pose ongoing challenges that might affect future export revenues​.
2) Price Volatility and High Valuation
The unlisted shares for Studds are trading at a P/E ratio of around 34.35, which is relatively high in comparison to its peers. The high valuation could be detering new investors, specifically if the company's future growth does not align with market expectations. In addition to this, unlisted shares often experience higher price volatility for less frequent trading as well as limited market information.
3) Risk of Liquidity
When you invest in unlisted shares, you are having less liquidity as compared to shares that are publicly traded. The process of finding buyers when you wish to sell could be more difficult, which could lead to delayed withdrawals or less than expected return. This risk of liquidity is a crucial factor to consider for investors who are considering Studds Unlisted shares.
4) Dependence on Industry Cycles and Domestic Market
Although Studds enjoys a solid foothold in the domestic market, it remains heavily dependent on the dynamic two-wheeler industry in India. Changes in the sales of two-wheelers directly affect demand for helmets, and any slowdown in the market could dampen Studds's growth. The company’s dependence in the Indian market exposes it to regulatory and economic changes that could impact its efficiency.
5) Operational Risks & Cost Pressures
The operations of the company are subjected to different risks like fluctuations in raw material prices as well as high operational costs linked to expanding manufacturing capabilities. An increase in input costs like plastic and other materials used in helmet production would squeeze profit margins, affecting the entire financial performance.
Learn More About Studds :-
Pros & Cons of investing in STUDDS Pre-IPO Shares
All You Need To Know About Studds Pre-IPO Shares!
Final Thoughts
Investing in Studds Accessories’ unlisted shares allows for a compelling chance to tap into the growth of a market leader in the helmet manufacturing industry. Platforms like Altius Investech provide access to these shares, enhancing investor opportunities. The consistent financial performance, strategic expansion plans, and robust market presence of the company make it an attractive investment. However, investors should carefully weigh the risks, such as regulatory challenges, liquidity concerns, and high valuation.
Conducting thorough due diligence and consulting with financial advisors is crucial before investing. A good understanding of the potential rewards and risks associated with Studds’ unlisted shares would help one make a well-informed investment decision aligning with specific financialgoals and risk tolerance.
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