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Opinion: Strategies to navigate megatrends of Indian CV industry
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The industry sold 2.33 million vehicles in November, 7.9% fewer than in the same month of 2021, according to data from the China Association of Automobile Manufacturers (CAAM) on Friday.
Switzerland is preparing for a possible blackout. Under the proposal, the country plans to restrict energy usage in buildings and may even ban concerts, theatre performances, and sporting events. If the situation worsens, Switzerland wants to limit the use of electric vehicles to only essential trips.
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The country’s second largest carmaker Hyundai Motor India has maintained its position for over a decade now, with no direct competition at hand. However, Tata Motors which was not even among the top three passenger vehicle makers in the country in 2019 has risen in terms of sales volumes over the past few years. The maker of Nexon took a lead and became the second largest PV maker during May and December in 2022. For the calendar year, both the OEMs gave a tough fight and Hyundai retained its crown at No 2, taking a lead by about 25,000 units.
As the COO, Anjali’s priorities would include partnering with Cummins customers in their energy transition journey toward decarbonization, positioning Cummins India as the global manufacturing hub, and strengthening the group’s reputation as a leading technology solutions provider, the company said.
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