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The Economic Times

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MOTOR VEHICLE ACT

Demand will come back in the automobile sector: Vivek Srivatsa, Tata Motors

Tata Motors is eyeing to increase its market share in Northeast India with its entry into the premium hatchback segment.

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  • The observations by the bench came while declining to entertain a plea challenging the notification providing free travel for women on buses operated by the Delhi Transport Corporation (DTC) in the national capital. The petition contended that the scheme and the regulation were contrary to the Motor Vehicle Act and impermissible under the Constitution.

    "The sluggishness of the vehicle market in the country is going to be short-lived. We hope that sales of passenger vehicles will record pace by July-August before the festive season," Tata Motors president (passenger vehicles business unit), Mayank Pareek said.

    The Indian market is expected to witness enhanced interest and demand for battery electric vehicles (BEVs) and connected vehicles going forward.

    We are looking at gaining 10 years of experience in building, servicing and supporting connected vehicles, says Venu Srinivasan, Chairman, TVS Motor Company. He also says the need of the hour is an active bond market.

    Relectrify, which is holding talks with battery manufacturers and distributors, sees potential to eventually help improve performance of batteries for the auto sector, in addition to energy storage.

    MG Motor India plans to increase production of its SUV Hector by around 30 per cent after BS-VI emission norms come into effect from April 1, according to a senior company official.

    The Toyota recall affects about 3.4 million vehicles globally and is being done because the air bags may not inflate in a crash. The cars have air bag control computers made by ZF-TRW that are vulnerable to electrical interference and may not signal the bags to inflate.

    With a large number of manufacturers giving this edition of Auto Expo 2020 a miss, including top names such as BMW, Audi, Jaguar etc. the biennial event has literally been rescued by the Chinese makers who have booked over 20% of the total 40,000 sq meters at hand.

    The BSVI-compliant vehicle will also be available in electric and CNG versions and has been developed over the past four years at an investment of Rs 1,000 crore. The company is building an entirely new bodyshop with robotic and laser-welding facilities with an installed capacity of 35,000 units for T1N, which will be an 18-seater van that boasts of 25 industry-first features.

    The vehicle comes strapped with a 44.5 kWh battery, delivering a range of around 340 km on a single charge. The company will begin with sales of the MG ZS EV in Delhi-NCR, Mumbai, Bengaluru, Ahmedabad and Hyderabad.

    Tata Motors is readying a portfolio of about half-a-dozen vehicles targeted at prospective buyers of EVs.

    The transportation sector is said to comprise about 20% of global greenhouse gas emissions. Reduction of emissions from motor vehicles, which comprise about 90% of the sector, is thus paramount for the attainment of the target.

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