Indian Automotive Sector

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Niti Aayog’s emobility plan: only electric vehicles to be sold by 2030
Niti Aayog moved a Cabinet note to address emobility targets for a greener India, which emphasises on the sale of only electric vehicles by the year 2030.
In a bold and far-reaching move, India’s electric vehicle goals are set to flourish if Niti Aayog has its way. The government think tank moved a Cabinet note to address emobility targets for a greener India, which emphasises on the sale of only electric vehicles by the year 2030. This would go a long way in addressing India’s clean fuel ideology and reduce high pollution levels.
According to media reports, the note also mentioned e-highways with overhead electricity networks for trucks and buses, and radio cab services, such as Ola and Uber, to go electric by 2030.

This comes shortly after a proposal was mooted to make all two and three-wheelers battery efficient by 2025. In fact, Niti Aayog CEO Amitabh Kant’s suggestion that only EV (three-wheelers and two-wheelers) of up to 150 CC engine capacity should be sold from 2025 has already garnered much debate.
Sending shock waves among gasoline-based automobile companies, it must be noted that among the industries, Mahindra & Mahindra and Hero MotoCorp are among the few with plans already afoot on emobility. The rest are still contemplating this transition.
Niti Aayog’s goal is to increase the usage of clean-fuel technology and give Indian citizens cleaner air to breathe. According to media reports, road transport and highways ministry will be tasked with coming up with a framework to phase out the sale of diesel and petrol vehicles by 2030 which is one of the significant sources of air pollution.

Also Read

India can save Rs 17,000 crore if electric vehicles hit the road by 2030: NITI Aayog and RMI
EV is the way forward
With Niti Aayog's ambitious plans of mandating EVs, companies like Tork, Ultraviolette, Revolt Intellicorp, Ather and Orxa are all set to disrupt the fuel and automobile industry. Their success will lead to higher valuations as venture capital comes knocking into the EV space. This year, Ather began rolling out its bikes to a positive response with unbeatable stats of `15 to run 70 kilometres, which currently takes `67 (for a gasoline bike for the same distance).
Infrastructure the need of the hour
In fact, Ather has more than 30 charging stations in Bengaluru while the other companies in this space are yet to foray into support infrastructure. As of today, there are only 250 charging stations in the country and they mostly catering to three-wheelers. To make this transition viable, infrastructure is a key factor.
"We believe that electric infrastructure will have a massive scale going forward. But the bad part is there is no subsidy for those that want to set up EV infrastructure as a business," says Maxson Lewis, Co-founder of Magenta Power (who has signed an MoU with Lawrence and Mayo showrooms to have EV charging facilities across the country).
SIAM (Society of Indian Automobile Manufacturers) the nodal body for Indian automobile industry reports that the country currently sells close to 750,000 electric vehicles a year, a majority of these are three wheelers,which sold 6,30,000 units, with 1,26,000 of these three-wheelers. Cars sold a dismal 3,500 units. In 2018, the entire Indian EV industry saw sales of only 56,000 units.
If Niti Aayog gets it right, we can breathe easy… but automobile companies will have to think of new business models and new product lines.
 

Compersion

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From gasoline cars be that diesel and petrol and others the issue is emissions.

For electric cars the issue would be electrical waste -> after the life of the (in some case large) battery pack finishes it is toxic and highly dangerous where does that get stored and used. You cannot simply throw it away.

Electric vehicles without battery packs and direct connection to the grid might be the holy grail (??) and perhaps to a source of energy like solar panels (highly efficient that can last for an extremely long time >50 years).
 
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In Budget 2019, the government proposed to provide additional income tax deduction of on loans taken to purchase electric vehicles.
Vakrangee to set up electric vehicle (EV) charging stations across India
  • Vakrangee has 3,504 Nextgen Vakrangee Kendra outlets spread across 19 states
  • It plans to increase the number of outlets to 75,000 by FY2021-22
Vakrangee will set up electric vehicle (EV) charging infrastructure facilities across India through its Nextgen Vakrangee Kendra outlets. Vakrangee has 3,504 Nextgen Vakrangee Kendra outlets spread across 19 states, with 68% outlets in Tier 5 and Tier 6 cities. Vakrangee plans to increase the number of Nextgen Vakrangee Kendra outlets to 75,000 by FY2021-22 and 3,00,000 outlets by FY2024-25.
"Vakrangee plans to leverage this deep presence by being an enabler for the EV charging facility through its network of retail outlets called as Vakrangee kendras. We continue to focus on expanding the bouquet of services available at our Nextgen Vakrangee Kendras," the company said in a statement.
"For all operators who want to set up electric vehicle services in India, It will make sense for them to leverage our charging infrastructure rather than building one of their own. We are building a large charging footprint on a pan-India basis through our network of Nextgen Vakrangee Kendra outlets," the company added.
Executive chairman Dinesh Nandwana, said: “We believe that the electric vehicle space is a huge growth opportunity for the coming years and we want to be future ready by developing a pan-India footprint of EV charging infrastructure. We would be an enabler by providing the distribution platform for the EV charging facility through our partnership with the EV service providers."
In Budget 2019, the government proposed to provide additional income tax deduction of ₹1.5 lakh on the interest paid on loans taken to purchase electric vehicles as part of efforts to accelerate adoption of eco-friendly mobility solutions.
Finance Minister Nirmala Sitharaman said the initiative would lead to a benefit of around ₹2.5 lakh for a customer during the entire duration of the loan.
"Considering our large consumer base, we aim to leapfrog and envision India as a global hub of manufacturing of electric vehicles," she said.
In order to make EVs affordable, the government has already moved the GST council to lower the tax rate on such vehicles from 12 to 5 per cent, the finance minister said.
Incorporated in 1990, Vakrangee is into the business of providing last-mile retail outlets to deliver real-time banking and financial services, ATM, insurance, e-governance, e-commerce and logistics services to the unserved rural, semi-urban and urban markets. The assisted digital convenience stores are called as “Vakrangee Kendra" which acts as the “one-stop shop" for availing various services and products.
 

captscooby81

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People going gaga over Green energy EV ..Please hold your horses


Hyundai Kona electric explodes, causes fire – No one injured
At the time explosion, Hyundai Kona electric was unplugged, and parked inside a garage.


Montreal firefighters are investigating an electric car fire incident which occurred on Friday afternoon. Piero Cosentino, the homeowner had bought the Hyundai Kona electric in March 2019.

As per local media, as soon as he saw black smoke emanating from the garage, he turned off the breaker. He also said the car wasn’t being charged at the time. In fact, it wasn’t even plugged in.

The intensity of the explosion caused the garage door to be ripped off before being hurtled across the street. Part of the garage roof was destroyed in the explosion, as were walls. With power from lithium ion batteries, their flammable nature is a given. In addition, managing a battery fire is difficult, and extinguishing it could take time. In an EV, there can be overheating in extreme temperatures.

Both Consentino, and his neighbour weren’t permitted to entire their homes immediately. Tis was to check if the structural integrity of their homes was compromised following the explosion. About 30 firefighters got to work quick enough to prevent the fire from spreading. At the time, nothing else was identified in the area to have caused such a blast. Hyundai officials are looking into the incident and are expected to share more updates soon.

Hyundai Kona electric compact SUV is available with a 39.2kWh and 64kWh battery option in Europe. In the continent, all drive ranges listed are WLTP (Worldwide Harmonised Light Vehicle Test Procedure). There’s also NEDC driving range ratings. In India, where the vehicle has gone on sale this month, the company uses Modified Indian Driving Cycle (MIDC) to reach drive range.

Indian test requirements are based on an easy driving cycle. Global WLTP tests emulate real life simulations. Also, India being a tropical country has warm temperatures, which are favourable to battery powered cars. It equates to more range as battery power doesn’t drain too quickly, as in colder temperatures.

hyundai-kona-electric-explodes-causes-fire-1.jpg
hyundai-kona-electric-explodes-causes-fire-2.jpg
 

Deathstar

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People going gaga over Green energy EV ..Please hold your horses


Hyundai Kona electric explodes, causes fire – No one injured
At the time explosion, Hyundai Kona electric was unplugged, and parked inside a garage.


Montreal firefighters are investigating an electric car fire incident which occurred on Friday afternoon. Piero Cosentino, the homeowner had bought the Hyundai Kona electric in March 2019.

As per local media, as soon as he saw black smoke emanating from the garage, he turned off the breaker. He also said the car wasn’t being charged at the time. In fact, it wasn’t even plugged in.

The intensity of the explosion caused the garage door to be ripped off before being hurtled across the street. Part of the garage roof was destroyed in the explosion, as were walls. With power from lithium ion batteries, their flammable nature is a given. In addition, managing a battery fire is difficult, and extinguishing it could take time. In an EV, there can be overheating in extreme temperatures.

Both Consentino, and his neighbour weren’t permitted to entire their homes immediately. Tis was to check if the structural integrity of their homes was compromised following the explosion. About 30 firefighters got to work quick enough to prevent the fire from spreading. At the time, nothing else was identified in the area to have caused such a blast. Hyundai officials are looking into the incident and are expected to share more updates soon.

Hyundai Kona electric compact SUV is available with a 39.2kWh and 64kWh battery option in Europe. In the continent, all drive ranges listed are WLTP (Worldwide Harmonised Light Vehicle Test Procedure). There’s also NEDC driving range ratings. In India, where the vehicle has gone on sale this month, the company uses Modified Indian Driving Cycle (MIDC) to reach drive range.

Indian test requirements are based on an easy driving cycle. Global WLTP tests emulate real life simulations. Also, India being a tropical country has warm temperatures, which are favourable to battery powered cars. It equates to more range as battery power doesn’t drain too quickly, as in colder temperatures.

View attachment 36374 View attachment 36375
Bound to happend ,i always thought hybrid should be the way to go instead of direct jumping to complete electric , hybrid can be petrol/diesel/CNG + electric
 

Samar Rathi

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People going gaga over Green energy EV ..Please hold your horses


Hyundai Kona electric explodes, causes fire – No one injured
At the time explosion, Hyundai Kona electric was unplugged, and parked inside a garage.


Montreal firefighters are investigating an electric car fire incident which occurred on Friday afternoon. Piero Cosentino, the homeowner had bought the Hyundai Kona electric in March 2019.

As per local media, as soon as he saw black smoke emanating from the garage, he turned off the breaker. He also said the car wasn’t being charged at the time. In fact, it wasn’t even plugged in.

The intensity of the explosion caused the garage door to be ripped off before being hurtled across the street. Part of the garage roof was destroyed in the explosion, as were walls. With power from lithium ion batteries, their flammable nature is a given. In addition, managing a battery fire is difficult, and extinguishing it could take time. In an EV, there can be overheating in extreme temperatures.

Both Consentino, and his neighbour weren’t permitted to entire their homes immediately. Tis was to check if the structural integrity of their homes was compromised following the explosion. About 30 firefighters got to work quick enough to prevent the fire from spreading. At the time, nothing else was identified in the area to have caused such a blast. Hyundai officials are looking into the incident and are expected to share more updates soon.

Hyundai Kona electric compact SUV is available with a 39.2kWh and 64kWh battery option in Europe. In the continent, all drive ranges listed are WLTP (Worldwide Harmonised Light Vehicle Test Procedure). There’s also NEDC driving range ratings. In India, where the vehicle has gone on sale this month, the company uses Modified Indian Driving Cycle (MIDC) to reach drive range.

Indian test requirements are based on an easy driving cycle. Global WLTP tests emulate real life simulations. Also, India being a tropical country has warm temperatures, which are favourable to battery powered cars. It equates to more range as battery power doesn’t drain too quickly, as in colder temperatures.

View attachment 36374 View attachment 36375
Bound to happend ,i always thought hybrid should be the way to go instead of direct jumping to complete electric , hybrid can be petrol/diesel/CNG + electric
Causes:
1) Global- slowdown

2) Domestic
  • Domestic slowdown at entry-level vehicles which are basically petrol. Auto sales in India in the last 2 years from metro cities was declining. The growth was coming from Tier-II and Tier-III cities.
  • Demonetization and GST.
  • In the last 6 months, there have been cost hikes on account of safety features being incorporated in the vehicle.
  • 28% tax on cars. India still has Road Tax 11-12% which is a state govt jurisdiction and adds to the cost.
  • Small town growth has got diluted.
  • Shared vehicles affecting in bigger cities.
  • EV adds to the chaos.
  • No clarity on BS-VI.

Macro-Economic

Environment Factors- India has decided to use BS-VI from April-June and this means that diesel will be out of anybody's use as a useful product to create a diesel car. 45% of Refinery production is diesel. So the cars manufactured will have no difference with petrol-driven cars in terms of pricing. Diesel cars in India were just the largest selling of passenger vehicles. There is a large stock of cars which are not BS-VI compliant and so will not be relevant in the future. This problem is not unique in India. Automobile Slowdown is in every geography.

Temporary/ Transient phase:
Transient phase but the Automobile industry will take a while to bounce back. Good monsoon can lead to increased rural demand.

Automobile and Ancillary sectors:
  • The automobile sector has a cascading effect as far as ancillary sector is concerned.
  • 50% of the manufacturing sector is the automobile sector.
  • The automobile is at the back of every buyer's mind.
  • Cost and pain are coming from the deleveraging of the automobile sector.
  • Automobile sector finds distributed employment.
  • It has an impact on steel, glass, rubber etc.
  • The resale market is being impacted largely.

Not all bad:
Huge waiting period for the Hyundai new car & MG Motor. Not total gloom and loom scenario.

Problems:
  • Liquidity
  • Banks extra cautious and causing high rejections too.
  • Effect of Liquidity to the market on there.
  • Retail funding with the aggression of the banks is missing.
  • Aggression in Finance going down.
  • Rural employees, private customers, contractual job people are suffering.

How to get out of this slump?
  • NBFCS are front runners in retail sale.
  • Festive Season around the corner which is 30-35% of annual sales in the automobile sector.
  • They were launching zero finance schemes etc to initiate the interest of the customer.
  • SBI has come up with interest rate reduction.

Way forward:
  • Kick start the finance movement.
  • Liquidity and willingness to finance.
  • Automobile sales depend on forbearance.
  • Initiate the interest of customers to generate inquiries.
  • Changes in terms of export sector of the economy and structural changes too.
  • Reduce GST in entry-level cars and two-wheeler. May be temporary.
  • State Govt. should have a limit on the road tax.
 

Why so serious?

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What slowdown? New auto entrants are cruising
4 min read . 02 Sep 2019Malyaban Ghosh, Saumya Tewari
  • The demand for Seltos and Hector is indicative of the evolution in the behaviour of Indian customers below 35 years
  • Experts say the firms took a long-term approach to familiarize Indian consumers with their brand philosophy
Kia MotorsMG Motor

NEW DELHI : Two new entrants into India’s automobile market, Kia Motors India and MG Motor India Pvt. Ltd,have attracted strong buyer interest with their maiden offerings—Seltos and Hector—amid plummeting demand for cars.

Auto sales have declined to multi-decade lows, prompting vehicle and component manufacturers to slash production and demand tax cuts from the government. Bookings do not always translate into sales but do indicate the enthusiasm of customers towards a particular product.

MG Motor sold 2,018 units of the Hector SUV in August. Kia, on the other hand, is yet to come out with wholesale or retail sale numbers of its first offering.


According to experts in the automotive industry and brand consultants, this is also indicative of the evolution in the behaviour of a certain segment of Indian customers, especially those below 35 years, as “value-conscious" from being “price-conscious", as they never shy away from trying out new brands at a higher price point, even if there is an economic slowdown or dip in the customer sentiment.

Both companies, before the launch of their respective offerings, wanted to carve out a distinct identity through their advertisement campaigns on different media platforms.

While Kia tried to underscore the unique design language of Seltos, MG Motor seems to have won over prospective customers with the connectivity aspect of its first vehicle.


“Our MG Shield scheme which offers five years of free service warranty has given confidence to the customers. Having closed the bookings last month, we have a wait list of 15,000 customers. The new products are bringing compelling value proposition in the market and as a result, the consumers are coming to us," said Rajeev Chaba, managing director, MG Motor India.

Kia had the challenge of creating awareness and breaking the stereotype with a clean and unique brand positioning, according to Manohar Bhat, vice-president and head, marketing and sales, Kia Motors India, as a late entrant here. Hence the company created the campaign on its key strength— design.

“India as a country is evolving by being exposed to cutting-edge global technology and the customers today are more aware of the benefits of car tech. That is driving their new car purchases and pushing the automakers to offer the latest technologies to the market," said Bhat.


MG Hector received 28,000 bookings and the company stopped taking further orders due to production constraints. Kia, on the other hand, had already received more than 30,000 bookings in the first six weeks.

Ambi M.G. Parameswaran, brand strategist and founder of Brand-Building.com, said relative silence from auto biggies has further helped the new brands.

“Besides, these are different looking cars which have captured the attention of young consumers," he said.


International appeal and the designs of Kia Seltos and MG Hector have been a big draw for millennials and corporate executives scouting for new options to stand out.

“They have deep pockets and they are not impacted by the slowdown. It’s seen that consumers advance their purchase decision when an attractive new vehicle launch takes place. Compact SUV category has seen a surge in the last one year as the preferred vehicle for in-city as well as highway driving for being sporty and zippy," said Amit Adarkar, chief executive at researcher Ipsos India.

Clearly, their promotions worked. Brand experts say that the two companies took a long-term approach to familiarize the Indian consumer with their brand philosophy. In the last year and a half, Kia and MG Motor collectively spent ₹100 crore on marketing promotions leveraging television, digital, print and on-ground media across the country.


Kia stayed true to its global strategy aligning itself with sports properties such as the Fifa World Cup, Bengaluru Football Club and Australian Open Ballkids Program in India. Known for its sleek designs, Kia also relied on digital platforms such as YouTube, Instagram, Twitter and Facebook to connect with young consumers.

“Even brand ambassadors are role models for millennials. So actor Benedict Cumberbatch—brand ambassador of Hector—and Tiger Shroff for Seltos, who have huge fan followings worked wonders too," Adarkar pointed out.

A senior media planner who manages a rival car brand said the marketing efforts of these companies in the past year have not been for the model launch. “Rather they were familiarizing consumers with the company’s credibility, lineage and global models. The Indian market is very ruthless companies don’t get a second chance. The acceptance in form of bookings is a testimony to their marketing efforts," he said, declining to be named.


Apart from emphasizing on the uniqueness of their products, both carmakers—just like traditional ones—are trying to win over customers on the reliability quotient. While MG has launched schemes offering guaranteed buyback with return of 60% of the value of its product after three years, Kia is trying to assure customers of service with its network of 265 touch points in 160 cities.

Beyond the flashy brand campaigns, both companies have been as traditional as possible when it comes to selling their respective products, said Avik Chattopadhayay, founder, Expereal.

“There will always be ‘early adopters’ for any new brand and these are the customers who give the initial push since they have the wherewithal. I think the key will be MG’s buyback plan and Kia’s aggressive positioning while rolling out so many touch points," he said.
 
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India govt targeting up to 7M sales of hybrid and electric vehicles by 2020
The plan is to enhance national fuel security to provide affordable and environment-friendly transportation and to enable the Indian automotive industry to achieve global manufacturing leadership.
The Indian government has a target to achieve six to seven million sales of hybrid and electric vehicles by 2020 under the National Electric Mobility Mission Plan (NEMMP), the Parliament was informed on Monday.
The NEMMP 2020 is a national mission document providing the vision and a roadmap for faster adoption of electric vehicles and their manufacturing in the country.
The plan has been designed to enhance national fuel security, to provide affordable and environment-friendly transportation and to enable the Indian automotive industry achieve a global manufacturing leadership.
"Under the NEMMP 2020, there is an ambitious target to achieve six to seven million sales of hybrid and electric vehicles by the year 2020," said Union Heavy Industries and Public Enterprises Minister Arvind Sawant, in a written reply in the Rajya Sabha.
Based on the experience from Phase-I of FAME India Scheme, it has been observed that sufficient charging infrastructure is required to achieve expected outcome of the plan, which is being addressed presently in Phase-II of FAME Scheme, he added.
The government has also approved Rs 10,000 crore for Faster Adoption and Manufacture of Electric Vehicles (FAME) II scheme on April 1.
Recently, Finance Minister Nirmala Sitharaman encouraged electric vehicle (EV) manufacturing and adoption in India, during her maiden Budget speech. This includes a reduction of Goods and Services Tax (GST) from 12 percent to five percent, exemption of customs duty as well as additional income tax deduction of Rs 1.5 lakh on the interest paid on loan for purchasing EVs.
Last month, officials of government think tank Niti Aayog, ministries of road transport, power, renewable energy, and steel, as well as the department of heavy industries and trade suggested that cab aggregators like Ola and Uber switch to electric cabs.
In March, the government said it is planning to set up a National Mission on Transformative Mobility and Battery Storage to bring clean and connected technologies that can usher in an era of shared and sustainable EV infrastructure in the country.
 

captscooby81

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You can consider Skoda KodiaQ or VW Tiguan . Fortunner had longer run just because it was big and toyota . you would love driving KodiaQ or even Endeavor

Adding to what @G10 has said, Fortuner and Endeavour have more desirability factor for me. Ford is sort of ruled out because they are exiting India.
Latest Fortuner 4x4 Manual was coming to 40,50000/-
Discounts: 80k + 40k + 10k.
On road in Bangalore would be some 39lakhs.
Ford was 42lakhs but that comes only in automatic.
 

indiatester

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You can consider Skoda KodiaQ or VW Tiguan . Fortunner had longer run just because it was big and toyota . you would love driving KodiaQ or even Endeavor
I looked at KodiaQ. Interiors were nice.
Won't I have the spares and servicing problem with Endeavor later on?
 

captscooby81

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Nope ford is not shutting down the production in india . They are just winding up the R&D and going to produce few models together with M&M .

I looked at KodiaQ. Interiors were nice.
Won't I have the spares and servicing problem with Endeavor later on?
 

Armand2REP

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It will be interesting to see how the PSA takeover of Fiat-Chrysler will effect India.

Fiat Chrysler-PSA deal likely to bring fewer brands, models
By TOM KRISHER and COLLEEN BARRY Associated Press

OCTOBER 31, 2019 — 4:55PM

MILAN — Automobile shoppers across the globe are likely to see fewer vehicles and brands if the merger of Fiat Chrysler and France's PSA goes through, but the new company will be big enough to compete in a fast-changing business that requires vast sums of money to develop autonomous and electric vehicles.

The two companies announced the merger Thursday that, if finalized, will create the world's fourth-largest auto company worth $50 billion. But PSA will have the upper hand in the deal, with its cost-cutting CEO Carlos Tavares in charge and PSA controlling the new company's board.

Both companies still have to agree on final provisions, but the deal could close by the end of the year.

Tavares, who used to run Nissan in the Americas and knows the U.S. market well, will not shy away from trimming unprofitable models and brands. He's credited with turning around the Opel and Vauxhall brands in Europe, perennial money losers which PSA acquired from General Motors two years ago.

Bernstein analyst Max Warburton wrote in a note to investors that he's confident Tavares can pull off combining the companies.

"Tavares' playbook has been to take on loss-making businesses and fix them, rapidly," Warburton wrote. "We believe he can achieve something similar at Fiat in Europe." He called Tavares the "world's most frugal auto executive."

Fiat Chrysler CEO Mike Manley was left without a title in the combined company. He'll take a senior leadership position, the companies said, but his role in the new business was not immediately clear.

Tavares will hold the 11th seat on the new company's otherwise evenly split board, giving control of it to PSA, although Fiat Chrysler's chairman, John Elkann, will become chairman of the new company.

Before the deal closes, FCA will pay its shareholders a 5.5 billion euro ($6.1 billion) premium, raising questions about whether the new company will be saddled with too much debt. Jeffries analyst Philippe Houchois estimated that Peugeot is paying a hefty 32% premium to take control of Fiat Chrysler.

http://www.startribune.com/fiat-chrysler-psa-peugeot-boards-approve-merger/564149182/?refresh=true
 

captscooby81

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Yup few of their dealers has monopoly because of limited sales and they fleece customers when cars come to service . Again low volumes are the main reason for this after sales service issue

Skoda in India have lot of aftersales problems.. probably tbe reasons why their sales are not taking off despite being around for so long..
 

Why so serious?

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Proud Moment for India: Scorpio Pickup Truck Used in Taiwan President's Campaign; Anand Mahindra Reacts
Anand Mahindra, the chairman of Mahindra Group, could not resist from expressing his happiness when he got to know about his company’s Scorpio Pikup car being inducted into Taiwan's Presidential campaign convoy.
UPDATED ON: JANUARY 14, 2020, 9:39 AM IST
Trending Desk

Anand Mahindra, the chairman of Mahindra Group, could not resist from expressing his happiness when he got to know about his company’s Scorpio Pick-up car being inducted into Taiwan's Presidential campaign convoy. The Mahindra Group chairman will step down from his post on April 1 and is expected to a non-executive role in the company.

Taking to Twitter, Mahindra wrote that it was a moment of pride and also gave credit to Invest India –Taiwan for breaking the news to him.










Invest India, the National Investment Promotion and Facilitation Agency of the Government of India, tweeted on January 10, informing Mahindra that its car has been chosen to be a part of Taiwan's Presidential campaign convoy. The election in Taiwan will held this month.







Invest India was established under the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry in 2009. It is the first point of reference for investors in India. Invest India, a not for profit entity, focuses on sector-specific investor targeting, besides developing new partnership to promote sustainable investments in India.

The Mahindra Scorpio Getaway, Mahindra and Mahindra’s pickup truck, is powered by 2,609 cc, four cylinder and direct injection diesel engine. It has a full tank capacity of 80 litres. Available in 2D or 4WD configurations, the Scorpio Getaway competes with Toyota Hilux, Isuzu D-Max, Mitsubishi Triton and Tata Xenon.

The company offers only a 4-door double cab model of the Scorpio Getaway in India. However, it is available in a 2-door single cab in some selected countries. Apart from India, it is sold in the markets of South Africa, Australia, Indonesia and New Zealand.
 

indiatester

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Proud Moment for India: Scorpio Pickup Truck Used in Taiwan President's Campaign; Anand Mahindra Reacts
Anand Mahindra, the chairman of Mahindra Group, could not resist from expressing his happiness when he got to know about his company’s Scorpio Pikup car being inducted into Taiwan's Presidential campaign convoy.
UPDATED ON: JANUARY 14, 2020, 9:39 AM IST
Trending Desk

Anand Mahindra, the chairman of Mahindra Group, could not resist from expressing his happiness when he got to know about his company’s Scorpio Pick-up car being inducted into Taiwan's Presidential campaign convoy. The Mahindra Group chairman will step down from his post on April 1 and is expected to a non-executive role in the company.

Taking to Twitter, Mahindra wrote that it was a moment of pride and also gave credit to Invest India –Taiwan for breaking the news to him.










Invest India, the National Investment Promotion and Facilitation Agency of the Government of India, tweeted on January 10, informing Mahindra that its car has been chosen to be a part of Taiwan's Presidential campaign convoy. The election in Taiwan will held this month.







Invest India was established under the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry in 2009. It is the first point of reference for investors in India. Invest India, a not for profit entity, focuses on sector-specific investor targeting, besides developing new partnership to promote sustainable investments in India.

The Mahindra Scorpio Getaway, Mahindra and Mahindra’s pickup truck, is powered by 2,609 cc, four cylinder and direct injection diesel engine. It has a full tank capacity of 80 litres. Available in 2D or 4WD configurations, the Scorpio Getaway competes with Toyota Hilux, Isuzu D-Max, Mitsubishi Triton and Tata Xenon.

The company offers only a 4-door double cab model of the Scorpio Getaway in India. However, it is available in a 2-door single cab in some selected countries. Apart from India, it is sold in the markets of South Africa, Australia, Indonesia and New Zealand.
@abingdonboy will like this news.
Mahindra has done well as a brand ambassador for our automobile sector.
 

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