The Gross Cost Contract (GCC) model with wet or dry leasing has made it possible for State Transport Undertakings (STUs) to decarbonise fleets, scale up operations and turn profitable. In the absence of the GCC, the latter (profitability) has been a grave concern for most STUs given the heavy up front investments required in running an owned fleet. The cap on ticket pricing as a not-for-profit undertaking makes it even tougher to realise profits. For STUs, the challenge albeit with the leasing, operational model lies in ensuring a higher uptime and safeguarding the jobs of on-roll employees, across the various types of implementations.
There is no doubt though that the Total Cost of Operations (TCO) of wet-leased ebuses make it an attractive agreement to enter. Union Minister, Nitin Gadkari cited the math recently. He said, “The per kilometre cost of running a diesel bus is Rs.115 compared to a tender received for Rs.39 per km for a non-AC bus and Rs.41 per km for an AC bus. With the government looking at initiatives like building an e-highway from Delhi-Jaipur, the capital cost could further come down to Rs.35 owing to lesser use of the lithium reserves.” The minister urged the industry to focus on proven technology, economic viability, availability of raw materials and marketability of the finished product if they were to benefit from the imminent transition.
IRONING THE CREASES
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SATISH SHARMA, INDUSTRY VETERAN, ANNOUNCES EARLY RETIREMENT FROM APOLLO TYRES LTD
In a recent exchange filing, Apollo Tyres Ltd. announced a significant development resulting from the Board meeting held on May 14, 2024.
NAVIGATING THE DRIVER DROUGHT - HOW SMART ANALYTICS STEER DRIVER RETENTION IN 2024
DRIVER RETENTION STANDS AS A CRITICAL CHALLENGE FOR FLEET OPERATORS. SUDEEP NAYAK, CO-FOUNDER AND COO OF ZELIOT DELVES INTO HOW ADVANCED ANALYTIC AND TECHNOLOGY ARE TRANSFORMING RETENTION STRATEGIES, DRIVING EFFICIENCY AND SUCCESS IN FLEET MANAGEMENT.
ALLISON TRANSMISSION WIDE-BODY DUMP SERIES
ALLISON TRANSMISSION HAS DEVELOPED THE WIDE-BODY DUMP SERIES FOR HEAVY-DUTY OFF-ROAD APPLICATIONS. ASHISH BHATIA LOOKS AT THE ADVANCED ATTRIBUTES THAT WILL COME INTO PLAY.
BUILDING THE ECOSYSTEM FOR SOPHISTICATED MACHINES
IN AN UPFRONT SESSION, ANTONIO LEITAO, VP OFF-HIGHWAY, ENGINE BUSINESS & EUROPE ABO LEADER AT CUMMINS BELGIUM SPEAKS TO ASHISH BHATIA ON BACKING BOTH LOCAL AND GLOBAL CUSTOMERS FROM INDIA.
CUMMINS' OFF-HIGHWAY PLAY
CUMMINS INC. IS PURSUING HIGHER EFFICIENCIES FOR ITS CEV CUSTOMERS FROM INDIA. ASHISH BHATIA HIGHLIGHTS THE ADVANCEMENT AND CUSTOMER VALUE PROPOSITIONS.
THE IMPACT LINEUP
AT THE ANNUAL CONFERENCE, DAIMLER INDIA COMMERCIAL VEHICLES INTRODUCED THE MY24 BHARATBENZ PORTFOLIO AGAINST THE BACKDROP OF A ROBUST PERFORMANCE, WRITES RICHA TYAGI.
AFFORDABLE MECHANISATION
IN AN INDUSTRY TALK SESSION, JALAJ GUPTA, BUSINESS HEAD-COMMERCIAL VEHICLES AT MAHINDRA & MAHINDRA LTD. DISCUSSED THE FUTURE OF AFFORDABLE MECHANISATION WITH ASHISH BHATIA
UNO MINDA AFTERMARKET PROJECTIONS
UNO MINDA IS READY TO SEIZE THE OPPORTUNITY, CREATING A GREATER PULL FOR ITS PRODUCT PORTFOLIO. IN AN UPFRONT SESSION RAKESH KHER, CHIEF EXECUTIVE OFFICER, THE AFTERMARKET DIVISION AT THE COMPANY SPOKE TO ASHISH BHATIA ON THE CONFIDENT RUN.
ROBUST TRAILER UNDERPINNINGS
BPW TRAILER SYSTEMS INDIA IS CONFIDENT OF ITS GLOBALLY PROVEN AIR-SUSPENSION TECHNOLOGY. IT IS DESIGNED FOR HIGH AXLE LOADS AND SPECIALIST APPLICATIONS, WRITES ASHISH BHATIA.
ON-HIGHWAY AND OFF-HIGHWAY STRATEGIES
MAHINDRA TRUCK AND BUS DIVISION IS DRIVING ITS COMMERCIAL VEHICLE ROADMAP FORWARD WITH WELL-THOUGHT-OUT ON-HIGHWAY AND OFF-HIGHWAY STRATEGIES, WRITES ASHISH BHATIA.