On April 19, Royal Enfield, the global leader in mid-sized motorcycles, announced its entry into South Korea, with Vintage Motors (Kiheung International) as its official distributor-partner in the country. It arrives in Korea with its first flagship store in Seoul at Hannam-daero 42-gil, commencing its full operation, including after sales, spares and service. This strategic announcement is in line with Royal Enfield’s focused international thrust of leading and expanding the global mid-sized motorcycle segment (250-750cc).
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|Supplier Name||Address||Major Parts Suppliers Reports||Country|
|Amalgamations Group||861/862, Anna Salai, Chennai- 600 002, Tamil Nadu, India||Major Parts Suppliers|
|Anand Automotive Limited||1 Sri Aurobindo Marg, Hauz Khas, New Delhi – 110016, India||Major Parts Suppliers|
|Bharat Forge Ltd.||Mundhwa, Pune Cantonment, Pune 411036, Maharashtra, India||Major Parts Suppliers|
|Bharat Gears Ltd.||Hoechst House, 14th Floor, Nariman Point, Mumbai 400 021, Maharashtra, India||Major Parts Suppliers|
|JTEKT India Limited (Formerly Sona Koyo Steering Systems Ltd.)||38/6, Delhi-Jaipur Road, NH-8, Gurgaon 122002, India||Major Parts Suppliers|
|Kalyani Group||Mundhwa, Pune 411036, Maharashtra, India||Major Parts Suppliers|
|Lumax Industries Ltd.||Plot No. 16, Sector 18, Maruti Complex, Block B, Mayapuri Industrial Area Phase I, Mayapuri, Gurgaon, 122015, India||Major Parts Suppliers|
|Rane Group||"Maithri" 132, Cathedral Road, Chennai - 600 086, India||Major Parts Suppliers|
|Samvardhana Motherson Group||Plot No.1, Sector-127, Noida-Greater Noida, Expressway, Noida 201301, U.P., India||Major Parts Suppliers|
|Sona Group||38/6, NH-8, Delhi-Jaipur Road, Gurgaon, Haryana 122002, India||Major Parts Suppliers|
On April 16, Volkswagen India announced the expansion of its Corporate Business Centre (CBC) programme in India. With a focus on strengthening its corporate fleet business, in the next three months, the Brand will be introducing 10 CBC units across its network in India.
The Corporate Business Centre comprises of a dedicated team providing curated services to all kinds of businesses across sectors including leasing & rent-a-car solution providers, MSME’s, CSD & GeM, professionals, corporates and more.
Volkswagen will expand its Corporate Business Centre (CBC) programme across high potential markets in India including Delhi NCR, Mumbai, Bengaluru, Chennai, Jaipur and more.
On April 23, The Ola Mobility Institute unveiled a report on India’s first multimodal E-Mobility initiative. The report reveals that due to the low operating cost of an Electric Vehicle, high-mileage commercial owners are natural early adopters, given the economic incentive over the on-road life of internal combustion alternatives.
Small vehicles dominate Indian roads, so any attempt at electrification of the country’s vehicle fleet must address the two and three-wheeler segments. Additionally, insights from the report suggest that TCO parity for four-wheelers is still years away, and hence other segments should be prioritised for electrification.
Shared, public and commercial transport electric vehicles are better poised to bring down the total cost of ownership as opposed to an EV being used as a personal vehicle. Usage-based incentives on electric vehicles will accelerate innovation, encourage early adopters, enable new business models, and promote low-cost shared mobility services.
During the Nagpur pilot, lithium-ion battery swapping increased the available operating time for three wheelers by 25% compared to fixed battery systems, and by 50% when compared to lead-acid battery powered alternatives.