100 years for BMW Group means 100 years of forward thinking, Vikram Pahwa
By Sheela Mamidenna The youngest of the German cars in India, BMW, is fighting back to reclaim its leadership position in India. With its new Indian President and the company’s ‘power to lead’ strategy, BMW India recently launched the newest version of its luxury sedan, the 5 series, on June 29. Locally produced at the BMW Plant Chennai, the all-new BMW 5 Series will be available in diesel and petrol variants at all BMW dealerships across India from 1 July 2017 onwards. With the official implementation of GST on July 1, BMW is hopeful that it will make a strong comeback in India in a segment that accounts for less than 2% in the passenger vehicle market. With BMW, MINI and Motorrad, the BMW ...
Electric vehicles to save $60 bn in fuel costs by 2030: Niti
The Dollar Business Bureau Niti Aayog CEO Amitabh Kant is taking no chance in promoting the adoption of electric vehicles (EVs). With oil prices perennially increasing, awareness about ecology and atmosphere being discussed and steps being taken to implement clean energy drive, he says India faces the challenge of not wasting anymore time in adopting measures that would reduce the dependence on diesel and petrol. In its annual report, India Leaps Ahead: Transformative Mobility Solution, NITI Aayog and Rock Mountain Institute specify that, “Accelerated adoption of electric and shared vehicles could save $60 billion in diesel and petrol costs while cutting down as much as 1 gigatonne (GT) of carbon emissions for India by 2030.” It estimates that the country could save ...
Hero Electric launches range of electric scooters
PTI Hero Electric launched an entire range of its high-energy density lithium battery electric scooters on Monday. The two-wheeler manufacturer aims to put over three million electric two-wheelers on Indian roads by 2020. It will give customers a choice of lead or lithium batteries while purchasing, its CEO Global business Sohinder Gill said. "Lithium battery technology will not only give around five years of petrol-free ride, but will also allow home charging besides, 30 minutes of top up charging," Gill said while launching Optima, Maxi and NYX models. With an average mileage of 65 km on full charge, which would last for four to five hours, Gill said the Optima Lithium Delux scooter could travel at a top speed of 25 km/h. ...