Autocar Professional Magazine - 15th November 2022![Add to My Favorites Add to Favorites](/static/icons/filled.svg)
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In this issue
This 48-pager is packed with news, features, interviews and technology articles that will keep you up to date on developments in the Indian and global auto sector
Our highlight is the ongoing going issue of new EV battery norms
Cover Story
New battery norms
The EV industry is finding the government’s deadline difficult to meet due to time constraints in implementations besides other issues and wants an extension of the December 01 deadline. We go behind the scenes to understand more.
Spotlight
Taiwan’s EV battery specialist Gogoro enters Indian market with Zypp
Focus
Interbrand 100
15 automakers make it to the list this year
News
EKA Mobility to work with EVR for electric bus and LCV motors
India made Volvo e-XC90 rolls out
Maruti Suzuki to offer Swift, Dzire hybrids in 2024
Skoda eyes double digit growth in 2023
Strong demand prompts Mahindra to ramp up production of its SUVs
Uno Minda JV with Buehler Motor
Investments in EV business picking up
Tata Motors’ riding high on record bookings of JLR products
Suzuki revises FY23 sales forecast
Govt may extend emission norms for agricultural machines
Switch Mobility fund raising delayed
Special feature
Two-wheeler
Know all about what’s happening in this sector as it plays catch-up
Tech news
Volvo Groups first truck lab outside Sweden opens in India
Corporate news
Castrol India's business plans
India made Volvo e-XC90 SUV rolls out
GEELY-OWNED SWEDISH luxury car brand Volvo Car India rolled out its first assembled-in-India all-electric SUV, the XC40 Recharge, from its Hoskote plant near Bengaluru.
![India made Volvo e-XC90 SUV rolls out](https://reseuro.magzter.com/100x125/articles/1139/1132892/CbRxAo1qN1668767014537/INDIA-MADE-VOLVO-EXC90-SUV-ROLLS-OUT.jpg)
1 min
EKA Mobility to work with EVR for electric bus and LCV motors
ISRAELI START-UP EVR Motors has entered a partnership with India-based EKA Mobility, an electric vehicles and technology company and a subsidiary of Pinnacle Industries.
![EKA Mobility to work with EVR for electric bus and LCV motors](https://reseuro.magzter.com/100x125/articles/1139/1132892/_6KgXxFGT1668766944595/EKA-MOBILITY-TO-WORK-WITH-EVR-FOR-ELECTRIC-BUS-AND-LCV-MOTORS.jpg)
1 min
Maruti to offer fuel-efficient hybrid Swift and Dzire models in 2024
AFTER THE SUCCESS of the new Grand Vitara SUV, Maruti Suzuki's next strong hybrid push in India is going to come from none other than the Swift and Dzire.
![Maruti to offer fuel-efficient hybrid Swift and Dzire models in 2024](https://reseuro.magzter.com/100x125/articles/1139/1132892/9eVi6XCgg1668767074856/MARUTI-TO-OFFER-FUELEFFICIENT-HYBRID-SWIFT-AND-DZIRE-MODELS-IN-2024.jpg)
1 min
Skoda Auto eyes double digit growth in 2023, to end year with 50k sales
FOR VOLKSWAGEN GROUP'S Skoda brand, India has become the third largest market in the world.
![Skoda Auto eyes double digit growth in 2023, to end year with 50k sales](https://reseuro.magzter.com/100x125/articles/1139/1132892/NyA8OMJZU1668767138990/SKODA-AUTO-EYES-DOUBLE-DIGIT-GROWTH-IN-2023-TO-END-YEAR-WITH-50K-SALES.jpg)
1 min
Strong demand prompts Mahindra to ramp up production of its SUVs
SUV MAKER MAHINDRA & Mahindra planning to ramp up production capacity to over six lakh units per annum for its SUVS in the next 12-15 months. The initiative is being taken to help reduce current waiting periods for cars booked.
![Strong demand prompts Mahindra to ramp up production of its SUVs](https://reseuro.magzter.com/100x125/articles/1139/1132892/L_ZBoGtoc1668767218709/STRONG-DEMAND-PROMPTS-MAHINDRA-TO-RAMP-UP-PRODUCTION-OF-ITS-SUVS.jpg)
1 min
Uno Minda forms JV with Buehler Motor
AUTO COMPONENT MAJOR Uno Minda has entered into a Joint Venture (JV) agreement with Buehler Motor, a Germany-based global supplier of customised mechatronic drive solutions.
![Uno Minda forms JV with Buehler Motor](https://reseuro.magzter.com/100x125/articles/1139/1132892/ci7oQEBt71668767288715/UNO-MINDA-FORMS-JV-WITH-BUEHLER-MOTOR.jpg)
1 min
Financers bet big on EV industry potential
Private equity, venture capitalists charged up about investing in India's growth story, says T E Narasimhan.
![Financers bet big on EV industry potential](https://reseuro.magzter.com/100x125/articles/1139/1132892/R90zZkcN71668767333106/FINANCERS-BET-BIG-ON-EV-INDUSTRY-POTENTIAL.jpg)
1 min
Tata Motors' riding high on record bookings of JLR products
JLR has directly engaged with chip suppliers by entering into partnership agreements to improve the supply in the near-term and support its future product programmes.
![Tata Motors' riding high on record bookings of JLR products](https://reseuro.magzter.com/100x125/articles/1139/1132892/F-u_4goDb1668767417553/TATA-MOTORS-RIDING-HIGH-ON-RECORD-BOOKINGS-OF-JLR-PRODUCTS.jpg)
1 min
Suzuki revises FY23 sales forecast
MINAMI-KU, Hamamatsu, Japan-based Suzuki Motor Corporation (SMC) has revised its annual sales forecast by 12 percent for the current financial year to three million units, led by strong offtake in volumes in the Indian market.
![Suzuki revises FY23 sales forecast](https://reseuro.magzter.com/100x125/articles/1139/1132892/VX_RABKL31668767483839/SUZUKI-REVISES-FY23-SALES-FORECAST.jpg)
1 min
Govt may extend emission norms date for agricultural machines
THE GOVERNMENT the implementation of new emission norms for the farm equipment sector yet again by one more quarter. The current deferment was considered after a request from combined harvester manufacturers from Punjab, said a senior industry executive.
![Govt may extend emission norms date for agricultural machines](https://reseuro.magzter.com/100x125/articles/1139/1132892/4yabpE3Ty1668767549973/GOVT-MAY-EXTEND-EMISSION-NORMS-DATE-FOR-AGRICULTURAL-MACHINES.jpg)
1 min
Switch Mobility fund raising delayed
THE PROPOSED $200-250 million fund-raising programme by UK-based Switch Mobility, the global electric vehicle (EV) subsidiary of Chennai, India-based Ashok Leyland is taking longer than expected in the backdrop of recessionary trends and economic slowdown in the US and European markets.
![Switch Mobility fund raising delayed](https://reseuro.magzter.com/100x125/articles/1139/1132892/9KtuCXfsI1668767599516/SWITCH-MOBILITY-FUND-RAISING-DELAYED.jpg)
1 min
‘All problems taken care of, Mahindra now in a growth mode'
M&M's MD, Anish Shah says their mid-term targets of attaining 18 percent ROE and 15-20 percent growth in earnings per share are well ahead of plans. Report by Amit Vijay M and Ketan Thakkar.
![‘All problems taken care of, Mahindra now in a growth mode'](https://reseuro.magzter.com/100x125/articles/1139/1132892/mMOerMvk-1668767647275/ALL-PROBLEMS-TAKEN-CARE-OF-MAHINDRA-NOW-IN-A-GROWTH-MODE.jpg)
4 mins
New EV battery norms deadline worrying players
EV industry appears to be caught in a 'perfect storm'as it prepares to meet the new battery safety deadline that will be effected in December 2022 and March 2023. Amit Vijay Mand Shahkar Abidi have the story.
![New EV battery norms deadline worrying players](https://reseuro.magzter.com/100x125/articles/1139/1132892/u3NLe00Z31668769499764/NEW-EV-BATTERY-NORMS-DEADLINE-WORRYING-PLAYERS.jpg)
10+ mins
Gogoro comes to India with tech partner Zypp Electric
Taiwan-based global technology player in battery swapping solutions already has an alliance with Hero Moto Corp and Foxconn in India. Shruti Mishra and Ketan Thakkar take a look at what it means for the EV industry.
![Gogoro comes to India with tech partner Zypp Electric](https://reseuro.magzter.com/100x125/articles/1139/1132892/IvmtPgESN1668770663445/GOGORO-COMES-TO-INDIA-WITH-TECH-PARTNER-ZYPP-ELECTRIC.jpg)
8 mins
15 global automotive players in Top 100 Global Brands of 2022
Though technology brands continue to dominate the ranking, the automotive industry with 15 brands and $347 billion of combined brand value delivers a strong performance. Ajit Dalvi has the story.
![15 global automotive players in Top 100 Global Brands of 2022](https://reseuro.magzter.com/100x125/articles/1139/1132892/Y0MiMkYKj1668771033281/15-GLOBAL-AUTOMOTIVE-PLAYERS-IN-TOP-100-GLOBAL-BRANDS-OF-2022.jpg)
6 mins
Volvo Group's biggest new tech lab outside Sweden opens in Bengaluru
The state-of-the-art facility will focus on thebrand's new global truck programmes, writes Mayank Dhingra.
![Volvo Group's biggest new tech lab outside Sweden opens in Bengaluru](https://reseuro.magzter.com/100x125/articles/1139/1132892/PVkT_3U7Q1668771218539/VOLVO-GROUPS-BIGGEST-NEW-TECH-LAB-OUTSIDE-SWEDEN-OPENS-IN-BENGALURU.jpg)
3 mins
Saietta VNA India-made e-motor trials to commence in 2023
The start-up JV set-up has designed e-motors specifically for Indian conditions, writes Mayank Dhingra.
![Saietta VNA India-made e-motor trials to commence in 2023](https://reseuro.magzter.com/100x125/articles/1139/1132892/RNaM4xMCb1668771301729/SAIETTA-VNA-INDIAMADE-EMOTOR-TRIALS-TO-COMMENCE-IN-2023.jpg)
3 mins
Castrol India chalks out major business diversification plan
India's second-largest lubricant maker will invest Rs 500 crore by FY27 in its existing business and will also explore new business opportunities in the EV ecosystem. Amit Vijay M checks out the new initiatives.
![Castrol India chalks out major business diversification plan](https://reseuro.magzter.com/100x125/articles/1139/1132892/nouDi58-h1668772236997/CASTROL-INDIA-CHALKS-OUT-MAJOR-BUSINESS-DIVERSIFICATION-PLAN.jpg)
4 mins
Domestic ICE 2W sales rebound on the back of strong festive demand
India's two-wheeler industry is seeing green shoots of recovery as domestic dealer dispatches grew by 1.33 percent at 14,96,052 units for October 2022 as against 14,77,335 last year. Amit Vijay M has the full story.
![Domestic ICE 2W sales rebound on the back of strong festive demand](https://reseuro.magzter.com/100x125/articles/1139/1132892/3fqeDJdLG1668773025922/DOMESTIC-ICE-2W-SALES-REBOUND-ON-THE-BACK-OF-STRONG-FESTIVE-DEMAND.jpg)
4 mins
Hero MotoCorp to shed its budget appeal in favour of premium pitch
Although the two-wheeler makers' revenue increased by 7.4 percent, it thinks it is the right time to enter 300cc market with premium models and strengthen its partner brand offerings. Amit Vijay M reports.
![Hero MotoCorp to shed its budget appeal in favour of premium pitch](https://reseuro.magzter.com/100x125/articles/1139/1132892/ICXTSwiyY1668773251373/HERO-MOTOCORP-TO-SHED-ITS-BUDGET-APPEAL-IN-FAVOUR-OF-PREMIUM-PITCH.jpg)
2 mins
Gains made by Honda Motorcycle & Scooter India should worry rivals
Honda takes an aggressive approach to amp up volumes. Shahkar Abidi and Ketan Thakkar have details.
![Gains made by Honda Motorcycle & Scooter India should worry rivals](https://reseuro.magzter.com/100x125/articles/1139/1132892/hrQQ-00UX1668773325731/GAINS-MADE-BY-HONDA-MOTORCYCLE-SCOOTER-INDIA-SHOULD-WORRY-RIVALS.jpg)
3 mins
Bajaj Auto to ramp up production of electric and premium models
Capital investment of Rs 750 crore is the highest in recent times. Shruti Mishra has the full story.
![Bajaj Auto to ramp up production of electric and premium models](https://reseuro.magzter.com/100x125/articles/1139/1132892/twLjP3MIN1668773403074/BAJAJ-AUTO-TO-RAMP-UP-PRODUCTION-OF-ELECTRIC-AND-PREMIUM-MODELS.jpg)
3 mins
Mahindra sells controlling stake in Peugeot Motorcycles to Mutares
Indian automajor will remain a co-shareholder and will support new product launches for the French brand.
![Mahindra sells controlling stake in Peugeot Motorcycles to Mutares](https://reseuro.magzter.com/100x125/articles/1139/1132892/i2Lyue3iU1668773474320/MAHINDRA-SELLS-CONTROLLING-STAKE-IN-PEUGEOT-MOTORCYCLES-TO-MUTARES.jpg)
2 mins
Banking on wedding season sales
Retail industry watchers think that the forthcoming marriage season will witness higher two-wheeler offtakes compared to the April-March wedding season. Amit Vijay M examines the possibilities.
![Banking on wedding season sales](https://reseuro.magzter.com/100x125/articles/1139/1132892/KvCzUkwZN1668773540127/BANKING-ON-WEDDING-SEASON-SALES.jpg)
3 mins
Best and brightest shine at world's most anticipated two-wheeler show
For motorcycle and scooter aficionadoes, 2022 EICMA was the the platform where all the action took place.
![Best and brightest shine at world's most anticipated two-wheeler show](https://reseuro.magzter.com/100x125/articles/1139/1132892/eMFv3ZTRP1668773728956/BEST-AND-BRIGHTEST-SHINE-AT-WORLDS-MOST-ANTICIPATED-TWOWHEELER-SHOW.jpg)
1 min
Multibrand TVS Motors riding high on new products
One of the most innovative 2W makers in India expects to produce 10,000 units of the iQube electric scooter in November 2022 and targets 25,000 units by March 2023. Mayank Dhingra has the details.
![Multibrand TVS Motors riding high on new products](https://reseuro.magzter.com/100x125/articles/1139/1132892/SLPyPKLma1668774019700/MULTIBRAND-TVS-MOTORS-RIDING-HIGH-ON-NEW-PRODUCTS.jpg)
4 mins
Autocar Professional Magazine Description:
Publisher: Haymarket India
Category: Automotive
Language: English
Frequency: Fortnightly
Autocar Professional is India’s leading automotive B2B fortnightly. Its in-depth analysis of the Indian automobile and components business is a must-read for industry personnel. It is circulated among key industry executives and decision-makers, and provides news, incisive interviews and accurate vehicle sales and production data. Its ability to spot and forecast trends has made it a strategic tool for auto professionals. The pages of Autocar Professional have emerged as a platform for the stakeholders of the Indian auto industry to showcase and share their ideas and vision.
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