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Wednesday, Septemeber 1 2021
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Dear Reader,
The Independence Day weekend this year was nothing but eventful. Three unveils and launches in the automobile segment that have varying levels of importance to its manufacturers, customers and the industry as a whole marked India’s 75th anniversary of independence. |
| At one end, Mahindra unveiled what it calls its most ambitious product till date - the XUV700. Built on an entirely new platform, there is a lot riding on this SUV for the company. It is the core on which M&M is looking to build and get back its Numero Uno position in the UV segment in the country. And to be fair, the company has built a product that is genuinely good. |
| The new platform aside, the XUV700 gets massive leg-up on its connected technology portfolio, highlighted by the AdrenoX system - a result of intense collaboration between Visteon and Mahindra design and technical teams. |
| We have a complete interview with Rajesh Jejurikar, Executive Director (Auto & Farm Sectors), M&M.Watch it here. |
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Nitin Gadkari Asks Automakers To Focus on Flex Engines, Avoid Diesel Engine Vehicles
Nitin Gadkari, Union Minister of Road Transport and Highways has urged automobile manufacturers to focus on alternate fuels and flex engines and avert the production and sales of diesel engines in India.
While addressing SIAM’s 61st Annual Convention, Gadkari said, “I appeal to vehicle manufacturers to discourage the production and sale of diesel engine vehicles. Industry must promote alternative fuel technologies. We should be committed to delivering vehicles with flex engines that give the users an option to run a vehicle on 100% ethanol, petrol, or 100% bioethanol. We have been promoting electric mobility and creating a sustainable ecosystem for EVs in the country.”
During his speech, he applauded the auto sector's contribution to the overall GDP and manufacturing GDP in India, and also appreciated the progress made by the automobile industry by leapfrogging from BS IV to BS VI emission norms in a short time frame.
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Nitin Gadkari Asks Automakers To Focus on Flex Engines, Avoid Diesel Engine Vehicles
Israel-based StoreDot, the pioneer and leader of extreme fast charging (XFC) batteries for electric vehicles, has filed a patent for a technology innovation that promises to rapidly increase the crucial ‘miles per minute’ of charging ratio, thus significantly bringing down EV charging times, claims the company. The rate of miles per minute of charging remains a major barrier to EV ownership for many potential buyers.
The company has also made the technology available through open source to benefit the automotive and battery ecosystem. StoreDot is making the technology available to other organisations to help expand current charging infrastructure, speed up the global adoption of EVs and create a zeroemissions world in the future.
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| “At Mahindra, We Really Need To Prepare Ourselves For A Digitally Enabled Future” |
| At the unveil of the Mahindra XUV700 SUV, Rajesh Jejurikar, Executive Director (Auto & Farm Sectors),Mahindra
& Mahindra gave us an insight into the company’s future strategy. |
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| Charging Stations At Residential Apartments Are Key To EV-Charged Future |
| The massive policy push to electric vehicles (EVs) has prompted India to gear up for large-scale adoption of EVs, with state-wise targets to electrify private as well as public vehicles. Though a report by the Confederation of Indian Industry (CII) estimates the penetration of EVs in the private car segment to reach almost 10% by 2030, today it stands at a dismal 1%. |
| One of the primary reasons for this is the absence of adequate charging infrastructure. For an apartment complex especially, setting up a charging point for residents that own EVs is extremely cumbersome, time-consuming, and expensive. |
| What does it take to install charging points at residential complexes? |
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| India Could Gain $ 11 Trillion In Economic Value By Leading On Climate Action |
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| India must act now to prevent the country from losing $ 35 trillion in economic potential over the next 50 years due to unmitigated climate change, alerts a report from the Deloitte Economics Institute. |
| Titled “India’s turning point: How climate action can drive our economic future”, the report also reveals how the country could gain $ 11 trillion in economic value instead over the same period by limiting rising global temperatures and realising its potential to ‘export decarbonisation’ to the world. |
| With no action taken on climate change, the average global temperatures could rise by three degrees Celsius or more by the end of this century. It will make it harder for people to live and work as sea levels rise, crop yields fall, infrastructure is damaged, and other challenges emerge, threatening the progress and prosperity that the nation has enjoyed in recent decades. |
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Mobility Outlook
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