Tag: automotive

Hyundai Motor And Kia Forge Strategic Partnership With Exide Energy For Electric Vehicle Battery Localization in India

Joydip SurLeave a comment

Hyundai Motor Company (Hyundai Motor) and Kia Corporation (Kia) signed a Memorandum of Understanding (MOU) for strategic cooperation with Exide Energy Solutions Ltd. (Exide Energy), as part of their electric vehicle (EV) expansion plans.

The signing ceremony took place at Hyundai Motor Group’s Namyang Research and Development Center in South Korea, attended by Heui Won Yang, President and Head of Hyundai Motor and Kia’s R&D Division, Chang Hwan Kim, Head of Electrification Energy Solutions Tech Unit, Duk Gyo Jeong, Head of Electric Vehicle Parts Purchasing Sub-Division and Dr. Mandar V Deo, Managing Director, and CEO of Exide Energy.

With the expansion of their EV plans for the Indian market, Hyundai Motor and Kia aim to localize their EV battery production, specifically focusing on lithium-iron-phosphate (LFP) cells. This strategic move will position them as the pioneers in applying domestically produced batteries in their upcoming EV models in the Indian market.

“India is a key market for vehicle electrification due in part to the government’s carbon neutrality goals, which makes securing cost competitiveness through localized battery production crucial,” said Heui Won Yang, President and Head of Hyundai Motor and Kia’s R&D Division. “Through this global partnership with Exide Energy Solutions Ltd., we will gain a competitive advantage by equipping Hyundai Motor and Kia’s future EV models in the Indian market with locally produced batteries.”

Kolkata-based Exide Industries Ltd., a leading lead-acid battery supplier in India has over 75 years of experience and market leadership in lead-acid batteries. Exide Energy Solutions Ltd. is a wholly owned subsidiary company of Exide Industries Ltd., which was established in 2022 to foray into the business of manufacturing of Lithium-Ion cells, modules and packs incorporating a portfolio of multiple chemistries and form factors.

This strategic cooperation with Exide Energy marks the beginning of Hyundai Motor and Kia’s efforts to expand its exclusive battery development, production, supply and partnerships in the Indian market.

India is recognized as a highly promising automotive market worldwide and the country is rapidly emerging as a critical player in the production and sales of EVs. Realizing the strategic importance of the Indian market, Hyundai Motor and Kia are taking the lead in the Indian market by introducing its EV models to establish itself as the front runner in the Indian automotive industry.

Bridgestone India Introduce Turanza 6i New Premium Tyre For Premium Passenger Vehicles

Joydip SurLeave a comment

Bridgestone India has launched its new generation tyre Bridgestone Turanza 6i for the passenger vehicle segment. Turanza 6i is the result of previously announced expansion in the passenger radial business. The tyre, specifically developed for Indian roads, provides premium comfort ride experience, with superior fuel efficiency and wear life, making it a well-rounded premium offering from Bridgestone. 

Bridgestone Turanza 6i is available in 36 SKUs (Stock Keeping Units) ranging from 14 inches to 20 inches.  It is targeted for premium vehicles covering SUVs, sedans, hatchbacks and CUVs. The launch of this new premium tyre for premium vehicles illustrates Bridgestone’s commitment to the “Make in India” initiative of the Government.

With this launch, Bridgestone brings to India its global proprietary Enliten technology enabling ultimate customisation by providing a unique value proposition as per the growing new needs of the market, while also enhancing the base performance parameters required by Indian consumers. Turanza 6i, with Enliten technology provides premium comfort ride experience, through a smooth and quite ride, while enhancing fuel efficiency and wear life.

Turanza 6i meeting both general performance demands and the specific requirements of electric vehicles by way of low noise, better fuel efficiency and superior wear life, is also EV Ready.

“TURANZA 6i shows our commitment to offer the best technology for the fast-growing Indian market. This is a success of our planned investment strategy to bring global leading tyre technologies to the Indian mobility sector,” said Mr. Hiroshi Yoshizane Managing Director, Bridgestone India. He further said, “Bridgestone’s proprietary ENLITEN technology incorporated in product design, enables us to provide a unique value proposition of ‘Premium Riding Comfort’ as per the growing new needs of the market, while also further enhancing the basic performance desired by Indian consumers including long lasting tyre life and better fuel efficiency. We are very much delighted to introduce the new TURANZA 6i for our consumers.”

“Bridgestone has globally been on the forefront of tyre technology, and this is now showcased in India through our new offering in the passenger car segment”, said Rajarshi Moitra, Chief Commercial Officer of Bridgestone India, “TURANZA 6i is a result of our commitment to customers towards providing premium comfort through superior quality. Catering to Premium Vehicles segment, TURANZA 6i will be available in our premium outlets across India.”

Bridgestone continuously works on improving its product range to serve the evolving needs of consumers. Bridgestone has been inspired to introduce new tyre models into the Indian market by the changing vehicle landscape in India. This strategic move also allows Bridgestone to cater to the growing demand for premium range offerings, positioning the brand as a leader in the market.

Motovolt M7 Review

Joydip SurLeave a comment

Kolkata based mobility company Motovolt has recently announced the launch of the Motovolt M7 with the introductory offer price starting at INR 1,22,000. This multi-utility e-scooter (MUSe) marks the company’s entry into the high-speed electric scooter segment. Infused with German technology, the M7 aims to set new standards for safety, quality, comfort, and sustainability.

Motovolt’s manufacturing unit in Taratala, Kolkata is a symbol of innovation and sustainability in the world of electric 2-wheelers. The state-of-the-art facility streamlines the manufacturing process to ensure the durability and reliability of each product. Through technological prowess and environmental stewardship, Motovolt aims to set new benchmarks in the electric mobility industry.

Recently, Power Drive was invited to their manufacturing facility to get a close view of the high testing and manufacturing standards maintained by Motovolt Mobility. We also got the opportunity to get up close and personal with the Motovolt M7. Read on to find out what we discovered.

Design and Engineering

Designed with sustainability at its core, the Motovolt M7 reduces the use of plastic, opting for a blend of efficient metals. Its modular design aims to enhance travel convenience, featuring an intelligently crafted rear section for carrying loads with ease.

The M7’s seating is ergonomically designed, supported by a double cradle heavy-duty mild steel frame that accommodates a payload of up to 180 kilograms ensuring stability and durability.

Personalisation is the key with Motovolt M7 which is offered in six striking colour options – Lightning Grey, Galaxy Red, Blue Jay, Dove White, Canary Yellow, and Puma Black.

Performance and Handling

The Motovolt M7 is powered by a robust 3kWh unit, which boasts of advanced LFP cell chemistry, making it durable and safe with over 1,000 charge cycles. It comes encased in aluminium, adhering to AIS 156 standards (IP67), ensuring it is both fire and waterproof. With the in-house design and packaging, the battery is portable and can be easily carried and charged anywhere, offering a range of 166 km in IDC mode (ARAI certified).

The M7L variant is available with a single battery with the option to upgrade to a dual system, managed by a sophisticated battery control system. It can churn out 2.5 kW of maximum power and 120 Nm of peak, and capable of reaching a top speed of 60 kmph.

The suspension of the Motovolt M7 has been set up keeping the Indian road conditions in mind. It features telescopic forks on the front and spring loaded dual adjustable shock absorbers in the rear ensuring that it delivers a comfortable ride quality.

Safety

The Motovolt M7 comes with the M7 app which has an anti-theft smart lock on the app that alerts you if anyone attempts to steal the M7. It also comes equipped with a key switch which also acts as a handle lock, to prevent your scooter from getting stolen. In addition to this, the Motovolt M7 also has a side stand sensor that has an indicator on the dashboard. If the side stand has been put down, the vehicle will not start.

Verdict

Motovolt Mobility aims to provide an efficient and sustainable commuting alternative. The M7, is Made in India and Made for India and seamlessly integrates advanced features, providing a personalized and connected experience to the riders. By addressing the unique challenges of urban mobility, the M7 aims to enhance the quality of commuting and contribute to a cleaner environment. This multi-utility e-scooter represents a strong value proposition and is all set to become a strong contender in the e-scooter segment.

Pre-Launch Bookings Open For The First-Ever All-Electric BMW i5 M60 xDrive

Joydip SurLeave a comment

BMW India will open bookings for the first-ever all-electric BMW i5 from 04 April 2024 onwards. The car will be available in the country as a Completely Built-Up (CBU) model and can be booked at the BMW dealership network and through BMW Online Shop.

Mr. Vikram Pawah, President, BMW Group India said, “We are very excited to announce the pre-launch bookings of the first-ever BMW i5 M60 xDrive in India. The BMW i5 M60 xDrive is an epic athlete – it captivates from start to finish, and leads with elegant design, innovative technology and dynamic performance. BMW Group India has been a leader in the electric luxury car segment for two consecutive years, offering the most versatile portfolio – BMW i7, BMW iX, BMW i4, BMW iX1 and MINI SE. With the introduction of the first-ever BMW i5 M60 xDrive, we will further enhance the exceptionally diverse and innovative lineup of electric vehicles, and strengthen BMW Group India’s position in the Indian electric luxury car segment.”

The first-ever BMW i5 M60 xDrive combines the power of BMW M and the innovation of BMW i, and is precision-built for action and adrenaline. The BMW i5 M60 xDrive combines an output of up to 442 kW/601 hp drive with hallmark M performance and specific design features. The system torque generated of 820 Nm enables the BMW i5 M60 to accelerate from zero to 100 km/h in just 3.8 seconds, while delivering a WLTP range of up to 516 km.

Deliveries will be starting from May 2024.

5 Reasons Why The Kia Sonet HTK+ Represents A Great Value Proposition

Joydip SurLeave a comment

In the highly competitive compact SUV market, the Kia Sonet remains popular for its exceptional design, impressive features, and premium driving experience. While there are multiple trim levels to choose from, the Kia Sonet HTK+ delivers a blend of advanced features, a safer driving experience and technological prowess with a substantial value-for-money proposition. 

1.   Power & Efficiency

The 1.2L engine strikes a great balance between dynamic city driving (82 bhp) and responsible fuel consumption thanks to its BS6 Phase 2 compliance. Paired with a smooth-shifting 5-speed manual transmission, you get the most value-driven experience while still enjoying budget-friendly mileage. 

2.   Hi-tech Safety

With the HTK+, you get impressive segment-best features including 6 airbags, an Electronic Stability Program, Hill Hold Control, and Brake Assist. This level of safety equipment is a welcome bonus in this price range. Additional features like a Tyre Pressure Monitoring System and Over-Speed Warning systems add an extra layer of protection. 

3.   Elevated Comfort Features

Automatic climate control takes the hassle out of finding the perfect temperature, letting you focus on the road. Rear passengers stay comfortable on longer and shorter commutes, thanks to rear AC vents.  Cruise control makes those highway trips less tiring and helps you stay alert. 

4.   Tech-Savvy Convenience Enhancements

The HTK+ makes manoeuvring easier with both parking sensors and a rear camera with guidance lines. Keyless Start adds high-tech convenience to your routine, giving the Sonet HTK+ a premium feel. 

5.   Exceptional Value Proposition

With a starting price of Rs. 9.90 Lakh, the Kia Sonet HTK+ is a testament to Kia’s commitment to making a feature-rich car accessible to a wider range of buyers. It is the SUV that proves style, safety, and savings can go hand-in-hand.

Kia EV9 Selected As A Top Three In The World Finalist In Twin 2024 World Car Awards Categories

Joydip SurLeave a comment

The 2024 Kia EV9 has been named as a Top Three in the World finalist in two categories for the upcoming 2024 World Car Awards. The selection places the all-electric EV9 as a contender in the final round of judging for the World Car of the Year and World Electric Vehicle titles.

Inaugurated in 2003, the World Car Awards are renowned globally as a benchmark for excellence, celebrating outstanding achievements in the automotive industry. Recognition for the Kia EV9 in this year’s competition comes from a jury of more than 100 accomplished global automotive journalists.

The 2024 Kia EV9, named as a Top Three in the World finalist in the World Car of the Year and World Electric Vehicle categories, is Kia’s first dedicated three-row EV SUV. Embodying bold and modern design, the flagship SUV offers the latest in EV technology as well as exceptional versatility and generous space for all occupants.

A potential double victory for the EV9 this year would mark yet another significant milestone for Kia, following wins at the World Car Awards with the Kia Telluride in 2020 and the Kia EV6 GT in 2023.

The final winners will be announced live at the World Car Awards ceremony during the 2024 New York International Auto Show (NYIAS) on March 27, 2024.

New Kia Seltos Crosses 1 Lakh Bookings

Joydip SurLeave a comment

After setting a record for the highest first-day bookings in its segment, India’s Kia Seltos continues its winning streak, surpassing over 100,000 bookings since its launch in July 2023. During this period, the company has received 13,500 bookings (approximately) every month. The starting price for the New Seltos in India is INR 10.99 lakhs (ex-showroom). Since its initial launch in August 2019, Kia has manufactured over 6 lakhs Seltos units in India, with nearly 75% sold in the domestic market. In 2023, Kia sold a total of 1.04 lakhs units of the Seltos.

The automatics emerged as the top choices among Seltos’ new-age customers, comprising nearly 50% of the total bookings. With growing awareness of advanced Active Safety features, approximately 40% of buyers are expressing strong interest in variants equipped with ADAS. Seltos booking trends mirror the enduring preference for sunroofs among Indian customers, with 80% of Seltos buyers opting for this feature. The ratio of petrol to diesel bookings also remains healthy at 58:42. The premium appeal of the Seltos is evident in the booking preferences, with 80% of buyers inclined towards owning the top variants.

Commenting on Seltos success, Mr. Myung-sik Sohn, Chief Sales & Business Officer, Kia India, said, “We are excited about the market success of the new Seltos. Undoubtedly, it stands out as one of the smartest SUV choices available, and the response from our customers resonates with this sentiment. The New Seltos is helping us consolidate our market leadership consistently in the mid-SUV segment. We are actively realigning our manufacturing processes to ensure that our customers gain access to their favourite SUVs as swiftly as possible. We are thankful to all Seltos and Kia fans in India who support and inspire us to do better with every product.”