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>新着情報 >Both bikes have been launched in US, UK and Europe
Both bikes have been launched in US, UK and Europe

large car makers invest in electric two

uk canada goose This week in Auto: Hyundai, Toyota appoint new heads; Mahindra gambles with premium SUV again uk canada goose

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The motorcycles have been developed from the ground up and don a retro look reminiscent of the golden era of the past. While bookings for cagoosestore.com Jawa (Rs 1.55 lakh) and Jawa Forty Two (Rs 1.64 lakh) havestarted, the Jawa Perak (Rs 1.89 lakh) will take a while to arrive.

canada goose factory sale Neeraj and Onkar Kanwar to take pay cut canada goose factory sale

Canada Goose online Neeraj Kanwar, Vice Chairman and Managing DirectoratApollo Tyres will take a 30 percent cut in salary after strong objections from institutional canada goose outlet uk and private investors over a 42 percentincrease in his pay last year. Canada Goose online

The board of India’s second largest tyre producer met on November 13 to approve its second quarter results. It also said to have sought its shareholders’ approval to canada goose outlet store uk re appoint Kanwar as MD for a 5 year period starting May next year.

Royal Enfield launches Interceptor 650 and Continental GT canada goose womens outlet 650

Eicher Motors controlled Royal Enfield launched the much awaited twin 650s in India Interceptor and Continental GT priced at Rs 2.5 lakh and Rs 2.65 lakh, respectively.

The two models are being made at the company’s Tamil canada goose premium outlet Nadu factory. Eicher will initially make them in small numbers before ramping up production in the final quarter. Both bikes have been launched in US, UK and Europe.

Canada Goose Online Hyundai Motor to sign MoU worth Rs 7,000 crore Canada Goose Online

Automobile major Hyundai Motor India (HMIL) will sign a MoU with the Tamil Nadu government in January 2019 to take up expansion work worth Rs 7,000 crore at its facility, a top official said.

The management of Hyundai Motor India, led by its Managing Director and CEO YK Koo, Vice President (Corporate Affairs) BC Datta, and Assistant Vice President (Finance) N Ramesh, called on Chief Minister K Palaniswami at the Secretariat and had a brief interaction with him.

Strike ends at Royal Enfield plant

canada goose store The tool down strike that resulted in canada goose coats uk a production loss of several thousandunits at Royal Enfield’s canada goose outlet washington dc Tamil Nadu plant has been called off,but not before senior management at Eicher Motors accused an ‘external canada goose outlet in usa leadership’ for the strike. canada goose store

Canada Goose sale The 50 day old strike that started on September 24 was called off Monday night following a breakthrough canada goose outlet mississauga in talks involving the workers, Eicher Motors management and the District Collector. Canada Goose sale

Ashok Leyland MD Vinod Dasari quits

canadian goose jacket After 14 years at India’s third largest commercial vehicle maker Ashok Leyland,Managing Director Vinod Dasari called it quits in a move that surprised the market. canadian goose jacket

buy canada goose jacket cheap Dasari tendered his resignation to the company’s board and later clarified that the decision was not a knee jerk reaction but a planned move. buy canada goose jacket cheap

Ford, Jaguar Land Rover invest in electric two wheeler start ups

US based Ford Motor Company has invested an undisclosed sum into San Francisco based electric scooter company Spin, making it its first investment in the two wheeler space in its over 100 years old history.

A day later, Tata Motors owned Jaguar Land Rover’s venture capital fund InMotion canada goose outlet Ventures said it has invested in electric motorcycle maker Arc Motorcycles, which will make the fastest e bikes in the world.

In July, Hyundai investedan undisclosed sum in two year old Chinese electric scooter maker Immotor. Hyundai said it wants to co develop the personal mobility business in China.

Some months ago, India’s biggest forging company Bharat Forge picked up a 45 percent stake in Pune based Tork Motorcycles, an electric motorcycle canada goose outlet michigan making company.

So what is it that is pushing large automotive companies to invest in young start ups focused on electric two wheelers, despite them having no prior experience in the two wheeler space?

Start ups are mushrooming at break neck speed all over the world, promising to address every practical need of the consumer and make everyday life simpler and engaging. Because of their smaller size, start ups are agile and respond to market changes faster than large conglomerates.

Electric vehicles are the future of mobility and more and more countries are joining the bandwagon. While car makersare powering their way forward in this space, one school of thought is that the market will adopt electric two wheelers much faster.

Besides, two wheelers address mobility needs at the primary stage. Very often, two wheelers are the first personal vehicle in a family. This gives car makers the window to position their brand in the consumers’ households with the prospect of marketing their cars to the same buyer at a future date.

This helps the companies save on marketing spend and builds goodwill. In other cases, companies are able to learn from start ups about efficient running of operations, cutting down costs and improving technology.

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