First Look: SKODA SLAVIA to be showcased at dealerships across India - Business Guardian
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First Look: SKODA SLAVIA to be showcased at dealerships across India

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SKODA AUTO India today announced the showcasing of the all-new premium mid-size sedan, SLAVIA at its showrooms across India.

Customers can get a personal experience with the car, along with a detailed immersion of the product features. While pre-bookings are already underway, the test-drives and customer deliveries will commence in early March 2022, post the price announcement.
Zac Hollis, Brand Director, SKODA AUTO India, said, “The SLAVIA is the second jewel for SKODA AUTO India under the 2.0 project. This sedan will strengthen our position in this dynamic market, and also re-energise and revive the premium mid-size sedan segment. With the SLAVIA, we are confident of putting the love back into sedans. This gorgeous car is now just one step away for our customers. This occasion is momentous also because the SLAVIA name is the advent of a new legacy for SKODA AUTO, in India, and also on a global scale.”

The SLAVIA is SKODA AUTO India’s second vehicle based on made-for-India MQB-A0-IN platform after the KUSHAQ SUV introduced in July 2021. Powered by a 1.0 litre 3-cylinder turbopetrol and a 1.5-litre 4-cylinder turbopetrol making 85kW (115ps) and 110kW (150PS) respectively, the SLAVIA will also come with a choice of a 6-speed manual, 6-speed automatic and 7-speed DSG transmissions.

At 1752mm, the SKODA SLAVIA is the widest car in its premium mid-size sedan segment providing class-leading space and comfort for five in its generous cabin. The SLAVIA also leads its class in terms of boot space with a capacity of 521 litres. The rear seats are not only abundant with space but also look after the comfort and convenience of the rear passengers with dual AC vents and dual USB ports to charge personal devices.

On the inside, the front is accentuated with a dashboard lined with circular AC vents. Taking centre-stage in the dash is a 25.4 cms (10-inch) touchscreen for all infotainment and navigation needs. With SmartLink technology and by downloading the MySKODA app onto the phone, the system allows for complete integration with the phone and customised preferences, media, entertainment and offline navigation in areas with poor connectivity.

Moreover, the touchscreen also has a design element running under it serving two purposes. It is a reflection of the SKODA grille outside and also acts as a rest for the wrist, making it ergonomic, convenient and safe for the user to operate the touchscreen.

As for passenger safety, the SLAVIA features six airbags, Anti-Lock Brakes, Electronic Stability Control, Multi-Collision Brake among others. Enhancing safety for younger passengers are ISOFIX anchors and tether point anchors in rear seats. Further improving cabin quality is the Aircare function that filters outside air coming into the cabin.

The safety elements continue outside with features like automatic headlights, rain-sensing wipers and air pressure sensors in the tyres enhancing visibility and safety irrespective of road conditions and weather.

Customers can visit the SKODA AUTO India dealerships closest to them and for a personalised experience with the all-new SKODA SLAVIA.

SKODA AUTO

> is successfully steering through the new decade with the NEXT LEVEL – SKODA STRATEGY 2030.

> aims to be one of the five best-selling brands in Europe by 2030 with an attractive line-up in the entry-level segments and additional e-models.

> is emerging as the leading European brand in India, Russia and North Africa.

> currently offers its customers ten passenger-car series: the FABIA, RAPID, SCALA, OCTAVIA and SUPERB as well as the KAMIQ, KAROQ, KODIAQ, ENYAQ iV and KUSHAQ.

> delivered over 870,000 vehicles to customers around the world in 2021.

> has been a member of the Volkswagen Group for 30 years. The Volkswagen Group is one of the most successful vehicle manufacturers in the world.

> independently manufactures and develops not only vehicles but also components such as engines and transmissions in association with the Group.

> operates at three sites in the Czech Republic; manufactures in China, Russia, Slovakia and India primarily through Group partnerships, as well as in Ukraine with a local partner.

> employs more than 43,000 people globally and is active in over 100 markets.

SKODA AUTO INDIA

> fascinating customers in India since 2001.

> offers four models in India – SUPERB, OCTAVIA, KUSHAQ and KODIAQ.

> present in more than 100 cities across the country with over 175 customer touchpoints

> recorded a triple-digit growth of 130% with 23,858 units sold in 2021

> SKODA AUTO India website –

www.skoda-auto.co.in

> SKODA AUTO India Communications Twitter Handle – @SKODAIndia_PR

This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article. (ANI/BusinessWire India)

 

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MG Motor India targets rural growth with tier iii, iv expansion

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MG Motor India is expanding its footprint to tier III and IV cities across the country, aiming to establish 100 new touchpoints by the end of the ongoing fiscal year. This strategic move is part of the company’s plan to drive the next phase of growth, according to a senior company official. With JSW Group joining as an investor and becoming a joint venture partner with China’s SAIC, MG Motor India announced plans to invest Rs 5,000 crore. The company has set an ambitious target of selling one million units of passenger electric vehicles in India by 2030, projecting a total market of 10 million units annually.

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Ola Electric slashes entry-level e-scooter prices by up to Rs 10,000

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Ola Electric has announced a significant reduction in the price of its entry-level electric scooter, the S1 X, as part of its strategy to bolster its market presence and enhance competitiveness. The price cuts vary between Rs 5,000 to Rs 10,000 across different variants of the scooter.

The revised prices for the Ola S1 X are as follows:

  • S1 X with a 4kWh battery will now be priced at Rs 99,999.
  • S1 X with a 3kWh battery is now priced at Rs 84,999.
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Anshul Khandelwal, Chief Marketing Officer of Ola Electric, emphasized the company’s commitment to making electric vehicles (EVs) more accessible to Indian consumers. He highlighted the importance of offering competitive pricing to encourage wider adoption of EVs in the country.

Fresh deliveries of the Ola S1 X scooter are set to commence next week, further reinforcing the company’s efforts to meet growing demand in the market.

In the rapidly evolving landscape of India’s EV market, Ola Electric faces stiff competition from established players such as Ather Energy, Bajaj Chetak, TVS Motors, and Vida. Ather Energy, for instance, offers its Ather 450S scooter at Rs 1,26,000, with the Ather 450X variants priced between Rs 1,41,000 to Rs 1,55,000, depending on battery capacity. Additionally, Ather recently expanded its product lineup with the introduction of the ‘Rizta’ family electric scooter, priced between Rs 1,09,999 and Rs 1,44,999 (ex-showroom Bengaluru).

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India’s Auto exports fall 5.5% in FY24 amid monetary crisis

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Automobile exports from India declined 5.5 per cent in FY24 due to the monetary crisis in various overseas markets.

In the fiscal year 2024, automobile exports from India saw a 5.5% decline, attributed to monetary crises in several international markets, as per recent data released by industry association SIAM. Total exports amounted to 4,500,492 units, down from 4,761,299 units in FY23. SIAM President Vinod Aggarwal remarked on the challenges, noting ongoing volatility in global markets.

“Some of the countries, where we are very strong with commercial vehicle and two-wheeler exports, have been facing foreign exchange-related issues,” he noted. The last fiscal saw a sizeable drop in commercial vehicle, two-wheeler, and three-wheeler shipments, although passenger vehicles grew marginally.

However, in the January-March quarter this year, we have seen good recovery, especially for two-wheelers, indicating better potential for the rest of the year, he said. “We are very hopeful that going forward, the situation will improve,” Aggarwal added. In the passenger vehicle segment, exports increased 1.4 per cent to 6,72,105 units in FY24 from 6,62,703 units in FY23.

Maruti Suzuki led the segment with the shipment of 2,80,712 units against 2,55,439 units in 2022-23. Hyundai Motor India exported 1,63,155 units last fiscal. It had shipped 1,53,019 units in FY23. Kia Motors exported 52,105 units, while Volkswagen India shipped out 44,180 units last fiscal. Nissan Motor India and Honda Cars chipped in with shipments of 42,989 and 37,589 units, respectively, in the 2023-24 fiscal.

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PVs keep auto sector firing in FY24 post 12.5% growth, sales of 42 lakh units

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On the backdrop of a robust economic growth of 7.6 per cent the Indian automobile industry posted a satisfactory growth of 12.5 per cent during financial year 2023- 24, with passenger vehicle segment leading the growth with overall sales touching almost 5 million units even as the industry remains optimistic amidst positive macroeconomic outlook.

The PV dispatches growth includes a growth of 8.4 per cent in the India market taking the sales to 4.2 million and 0.7 million exports, the Society of Indian Automobile Manufacturers (SIAM) said on Friday, releasing the auto industry sales performance of the last month, the fourth quarter ended March and financial year 2023-24.

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The industry wrapped up FY24 with domestic sales of PVs at 42,18,746 units, sales of CVs at 9,67,878 units, three-wheelers at 6,91,749 units and two-wheeler at 1,79,74,365 units. The total production of passenger vehicles, CV, three wheelers, two wheelers and quadricycle in FY24 was 2,84,34,742 units. In FY24, two-wheeler segment continued the recovery path with a handsome growth of over 13 per cent in domestic sales to almost 18 million units, even though still lower than the earlier peak of 21 million units in FY19.

Domestic commercial vehicle industry had a marginal growth to 9.7 million units. “All in all, it has been a satisfactory performance for the Indian automobile industry,” said Vinod Aggarwal, President, SIAM who marks FY2024 as the year which also demonstrated the sustainability commitments of the auto industry as it commenced producing vehicles which are material compliant to 20 per cent ethanol and witnessed growth of 90 per cent in electric PVs and 30 per cent in electric 2W. “Coupled with good monsoon outlook, we are expecting continued growth for the industry this year as well,” says Aggarwal.

In the month of March 2024, domestic sales of PVs were 3,68,086 units, sales of three-wheeler sales were 56,723 units and sales of two-wheeler were 14,87,579 units. In March 2024, the total production of passenger vehicles, three wheelers, two wheelers and quadricycle was 23,25,959 units. In the January-March (Q4) quarter of FY2024, the performance in terms of domestic sales continued to be robust across categories.

The domestic sales of PVs were 11,35,501 units in the quarter under review, sales of CVs were 2,68,294 units, three-wheeler sales were 1,64,844 units and two-wheeler sales were 45,03,523 units. The total production of PVs, CVs, three wheelers, two wheelers and quadricycle in Q4 was 73,94,417 units.

Rajesh Menon, Director General, SIAM informed that 2 wheelers posted sales of 4.5 mn units with a significant growth of 25 per cent compared to Q4 of FY 2022-23 and PVs registered growth of 12 per cent and posted sales of more than 1.1 mn units. Three wheelers posted sales of 1.65 lakh units with a growth of 7 per cent, CVs registered degrowth of (-) 4 per cent by posting sales of more than 2.68 lakh units.

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Tesla eyes India market as Elon Musk makes bold AI prediction

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In a recent X Spaces session with Nicolai Tangen, CEO of Norges Bank Investment Management, Tesla CEO Elon Musk emphasized the importance of electric vehicles (EVs) in India, stating that it’s a natural progression for every country to embrace them. Musk highlighted India’s status as the most populous country globally and stressed that electric cars should be accessible to Indian consumers like they are in other parts of the world.

Musk’s comments coincide with Tesla’s intensified efforts to expand its presence in the Indian market. Sources reveal that the state governments of Maharashtra and Gujarat have extended enticing land offers to Tesla for the establishment of a cutting-edge EV manufacturing plant. The proposed investment for this venture ranges between USD 2 billion to USD 3 billion, demonstrating Tesla’s commitment to both domestic and international markets.

This move aligns with India’s new EV policy, which aims to attract investments from global EV manufacturers and promote the adoption of advanced EV technology among Indian consumers. The policy emphasizes the importance of domestic value addition (DVA) and sets specific localization targets for manufacturers establishing operations in India.

To incentivize investment, the government has introduced measures such as customs duty exemptions and import quotas for EVs based on the level of investment made by manufacturers. These initiatives aim to position India as a preferred destination for EV manufacturing and contribute to the country’s Make in India initiative.

In anticipation of these developments, Tesla plans to dispatch a team of experts to explore suitable locations across India for the proposed manufacturing facility. Musk’s previous statement about visiting India in 2024 further underscores the company’s eagerness to enter the Indian market and collaborate with local stakeholders.

Tesla’s expansion into India represents a significant step forward in the global EV landscape and underscores the company’s commitment to sustainable transportation solutions. With India poised to become a key market for electric vehicles, Tesla’s entry is expected to drive innovation and accelerate the adoption of EVs in the country.

As the electric vehicle market continues to evolve, Tesla’s entry into India holds the potential to reshape the automotive industry and contribute to India’s transition towards a greener and more sustainable future.

Tesla’s entry into the Indian market not only signifies a pivotal moment for the country’s automotive industry but also presents an opportunity for Tesla to capitalize on India’s growing demand for electric vehicles. With the Indian government’s focus on promoting clean energy initiatives and reducing carbon emissions, Tesla’s electric vehicles align perfectly with India’s sustainable development goals.

Moreover, Tesla’s presence in India is expected to stimulate job creation and economic growth, particularly in the manufacturing sector. The establishment of a state-of-the-art manufacturing plant will not only provide employment opportunities for local residents but also foster the development of ancillary industries and supply chains.

In addition to manufacturing, Tesla’s entry into India is poised to catalyze advancements in EV infrastructure and technology. As Tesla vehicles become more accessible to Indian consumers, there will be a corresponding need for charging infrastructure and support services. This presents opportunities for collaboration with local businesses and government agencies to build a robust EV ecosystem.

Furthermore, Tesla’s entry into India could spur competition and innovation in the domestic automotive market, encouraging other manufacturers to invest in electric vehicle technology. This competition could lead to advancements in battery technology, vehicle performance, and affordability, ultimately benefiting consumers.

Overall, Tesla’s decision to establish a manufacturing presence in India reflects the country’s growing importance in the global automotive industry and underscores India’s potential as a key market for electric vehicles. As Tesla’s footprint expands across the country, its impact on India’s economy, environment, and technological landscape is expected to be profound.

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EU, India to jointly promote start-ups in battery recycling technologies for EVs

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The objective is to identify, support and promote startups dedicated to advancing the field of battery recycling technologies for EV and facilitate cooperation, potential trade avenues and, customer relations and exploring investment avenues for the shortlisted startups. This will, under India-EU TTC Working Group 2, offer Indian startups/SMEs an exclusive platform to demonstrate their expertise in battery recycling technologies. It provides a chance for Indian innovators to establish strategic alliances with their counterparts in the EU, accelerating the development of advanced battery recycling techniques focused on waste minimization and resource sustainability.

It will also harmonise efforts with EU innovators to jointly develop battery recycling solutions that drive industry expansion. The TTC was first announced by European Commission President, Ursula von der Leyen, and Modi in April 2022 and established on 6 February 2023, allowing both sides to tackle challenges at the nexus of trade, trusted technology, security and deepen cooperation in these fields. Establishing India-EU TTC is a key step towards a strengthened strategic partnership for the benefit of all people in India and the EU.

The TTC is a key forum to deepen the strategic partnership on trade and technology between the two partners. The TTC will help increase EU-India bilateral trade, which is at historical highs, with €120 billion worth of goods traded in 2022. In 2022, €17 billion of digital products and services were traded.

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