India EV Segment Gains Traction

Aditya Kondejkar

The EV segment in India is continuing to grow with additional government support. In July of this year, the government partially modified the Faster Adoption and Manufacturing of Electric Vehicles (FAME) in India Phase II. It has included an additional demand incentive for electric two-wheelers to ₹15,000 per KWh from an earlier uniform subsidy of ₹10,000 per KWh for all EVs, including plug-in hybrids and strong hybrids except buses.  

This decision will increase the subsidy for such vehicles by 50% under the FAME II scheme and be a game-changer in adopting EVs.

Such moves from the government will boost faster adoption of EVs. Furthermore, with this kind of solid support, OEMs will also take a step forward to accelerate the mass adoption of EV.

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Trouble in India’s Motown

This report first appeared in the September 2019 issue of PowerTALK.

The bad times in the India automobile market started with the slowdown in Q4 2018, triggered by the NBFC (Non-Banking Financial Companies) crisis. Since then it has been 10 consecutive months of hard times for almost all automobile segments. All the segments in the country, be it passenger cars or commercial vehicles, have registered a decline.

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PowerTALK™, April 2024

Get the current PowerTALK

The April 2024 issue of PowerTALK News presents another excellent report by analyst Guy Youngs on Alternate Power sources, an update on the OEM Van Hool, John Deere’s aggressive plans for expansion in Brazil, and an analysis of the market strategies being developed by two OEMs in the India market.

IN THIS ISSUE

ALTERNATIVE POWER REPORT

  • Are Sodium Ion Batteries Viable Alternative to Lithium?
  • New Hydrogen Colors to Watch in 2024 and Why They Matter
  • Study Shows Plug-in Hybrids Aren’t as Clean as We Thought
  • CATL, Yutong Launch Long-life EV Battery

GLOBAL:  Lawn and Garden Equipment Market

DATAPOINT: North America Plate Compactor Production  

EUROPE: A New Path for Van Hool   
BRAZIL/SOUTH AMERICA
:

  • John Deere Announces New Investments in Brazil
  • Volvo To Begin Testing Heavy Trucks

JAPAN: Kubota Unveils First Fuel Cell Tractor
CHINA:
VW To Inject € 2.5 billion into its Hefei Base
INDIA: Two EV Strategies for India Market

MotorIndia Magazine: India CV Market Facing Lower Demand in 2019

The India CV market is facing lower demand in 2019, reports MotorIndia magazine in its August 2019 Market Outlook issue.

CV Link is a comprehensive database updated quarterly that covers the CV market.

After a blockbuster growth in 2017 and 2018, writes Shah, growth that was largely driven by demand for tipper trucks due to the new infrastructure, mining projects and fleet replacement; the party ended in Q4 of 2018.

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Uralmash Sets Deal of US$ 322 Million with India

Uralmash (a subsidiary of UZTM-Kartex) has signed its largest deal in the last 30 years. UZTM-Kartex and Coal India Ltd Binay Dayal have signed a contract totaling US$ 322 million for walking excavators, according to the company.

Under the contract, the Uralmash plant will deliver five electric-powered walking excavators of increased power – ESH24.95 and will perform assembly of the equipment on the customer’s site. The OEM also will service machines for 11 years.

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PSR Analysis: ESH24.95 is an electric powered excavator with 24 cubic meter bucket and 95-meter jib. UZTM Kartex also makes diesel machines. Recently it has launched excavator with Cummins QSK-91 engine. PSR

Maxim Sakov is Market Consultant – Russia Operations for Power Systems Research

PowerTALK™, April 2023

The April 2023 issue of PowerTALK News features the Q1 2023 Truck Production Index. The report shows that the 2022 Index climbed 2.9%, but declined in Q1 2023. The report also has articles on Alternative Power and the global forecast for personal watercraft.

IN THIS ISSUE
  • Alternative Power:
    • Global ICE Industry Cliff Is Here
    • Top Construction OEM Hierarchy Changes
    • Compact Track Loaders Grab Skid Steer Market
    • Diesel Technology Achieves Peak Efficiency
  • Global:
    • 2022 Truck Production Index Gains 2.9%
    • 2030 Global PWC Market Could Hit $3 Billion
  • DataPoint: North America ATVs
  • Brazil/South America:
    • Volvo Tests Renewable LNG Truck
    • Vale Increases Use of BE Locomotives
    • Biodiesel Mix Increase Begins in April
    • Scania, Mercedes Reduce Production Shifts
  • Europe: Group Beneteau Forecasts 10% Growth in 2023
  • Japan: Honda Plans Personal Electric Motorcycles
  • Vietnam: Vingroup To Enter EV Cab Market
  • China: Beiqi Foton Motors, Cummins Set Joint Investment
  • India: LNG May Be Fuel for Long-Haul Trucking

PowerTALK™ News, April 2020

COVID-19 is the most important issue facing our industry globally in decades, and many of the articles in the April issue of PowerTALK News address the impact of this virus on production. Read about the industry’s reaction to coronavirus around the world in this issue. Be certain to review the video and the presentation slides from the PSR Webinar presented April 15, 2020.


Download your copy of the presentation here. See the webinar video.

IN THIS ISSUE
  • Dealing With Coronavirus—A Webinar
  • North America: Is Coronavirus A Natural Disaster
  • North America: High School Builds Face Masks
  • North America: Batteries Are Coming
  • North America: Outdoor COVID-19 Guide
  • Global: Truck Production Slumps
  • DataPoint: Skid Steer Loaders
  • Europe: COVID-19 Update
  • Brazil: Marcopolo Resumes Production
  • Brazil: Trailer Production Recovery Seen
  • Brazil: Q1 2020 Motorcycle To Drop
  • Brazil: First Foton Produced
  • China: NS6 Regulation Delayed
  • Japan: COVID-19 Hits OEMs
  • Korea: Doosan Hikes SNS Promotions
  • Southeast Asia: COVID-19 Shuts Auto Plants
  • Taiwan: Coronavirus Controlled
  • India: COVID-19 Report
  • Russia: Automakers Resume Work
  • Russia: Ambulance Purchases Planned
  • Russia: Market Decline Forecast

PowerTALK™ News, April 2021

The Power Systems Research Truck Production Index (PSR-TPI ) dropped 42.5% for the three-month period ended March 31, 2021, declining from 186 to 107, from Q4 2020. The year-over-year (Q1 2020 to Q1 2021) improvement for the PSR-TPI was 15%, in which it climbed from 93 to 107.

While the decline in commercial vehicle demand in China will lower global vehicle demand this year, improved demand is expected in all other regions, according to the April issue of PowerTALK™ News. The PSR-TPI measures truck production globally and across six regions: North America, China, Europe, South America, Japan & Korea and Emerging Markets.

Here are more articles in this issue of PowerTALK™ News:

  • Power Systems Research Offers Truck Data
  • Listen To New PSR PowerTALK Podcasts
  • Global Truck Production Drops in Q1 2021 (PSR-TPI)
  • North America
    • Q1 2021 Economic Outlook
    • Powersports EV Update
  • DataPoint: Skid Steer Loaders
  • Europe: MAN Marine Engines Certified
  • South America
    • MWM Launches NG Engines
    • Argentina Forces Full Capacity
    • CE 20% Growth Seen in 2021
  • Japan: OEMs Agree on Battery Specs
  • South Korea: Hyundai Seals Doosan Deal
  • Malaysia: China-Led Proton Revitalized
  • India: Scrappage Policy Announced
  • Russia:
    • KAMAZ Profit Exceeds US$20 Million
    • GAZ Sells Trucks in Australia
    • Uralmash Sets India Deal
    • Rosatom Eyes Battery Production for Cars

PSR-HDMA Present Webinar April 21, 2021

Current and Future Supply Chain Concerns For Medium and Heavy Vehicles Will Be Discussed

Erik Martin
Erik Martin
Chris Fisher
Chris Fisher

Power Systems Research April 21, 2021, produced a one-hour webinar with the Heavy Duty Manufacturers Association (HDMA) discussing current and future supply chain concerns, especially as they affect Medium and Heavy Commercial Vehicles. 

The presenters included:

  • Chris Fisher – Senior Commercial Vehicle Analyst, Power Systems Research
  • Erik Martin – Director, Asia Region, Power Systems Research
  • Richard Anderson – Director, Market Research & Analysis, HDMA

PowerTALK™, April 2022

This issue of PowerTALK News contains articles on the Yanmar acquisition of ELEO Technologies and several articles about alternative power sources. You can also read about the Q1 2022 PSR Truck Production Report here.

IN THIS ISSUE  

  • Truck Production Index Drops
  • DataPoint: NA Lawn & Garden Tractors
  • Europe: Yanmar Acquires Tech Firm
  • South America:
    • Fleet Renewal Program Goes Live in Brazil   
    • Tupy Acquires MWM in Brazil
  • China: Five Year Plan Pushes LNG
  • Japan: More on Yanmar Purchase
  • SE Asia:
    • Thai Incentive Program to Promote EVs, Starting in 2022
    • Korea To Increase EV Battery Material Production
  • India: Maruti Suzuki To Build EV-Battery Plant