special edition 009 flash report - race...

© 2019 RACE Innovations Pvt ltd. All rights reserved www.raceinnovations.in

Published by RACE Innovations Pvt ltd, Chennai

Indian Truck & Bus Market1Financial Year 2019-20

st Quarter, (April - June 2019)

Flash ReportSpecial edition 009

Published on Aug 2019

22 www.raceinnovations.in © 2019 RACE Innovations Pvt ltd. All rights reserved

ContentsForeword

Key Highlights of the Indian Commercial Vehicle Industry

Statistics Bus Market

Market Share Buses

Statistics Trucks

3

4

10

11

13

Market Share Trucks

Forecasted Q2 (July - Sep)of FY2019-20

Statistics Haulage Tractor (Tractor-Semi Trailer/Trailer)

Special Coverage

RACE Product Offerings

14

16

18

19

30

Show Report 31

Location Based Intelligence 33

3© 2019 RACE Innovations Pvt ltd. All rights reserved www.raceinnovations.in

Rajesh KhannaCEO, RACE Innovations Pvt Ltd

Foreword

Indian Commercial vehicle industry known for their cyclicality, witness downward trend due to excess inventory caused by the pre-buying in the previous emission norm change, liquidity crunch and increased axle load norms. Much Anticipated financial reforms expected to revive the industry to get prepared to face the emission norm change over in April 2020.

Foreword

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Key Highlights of the Indian Commercial Vehicle Industry

Vehicle OEM’S

• Tata Motors Ltd of Mumbai, has launched Ultra Business Utility Vehicles (BUV) range in Vietnam; the truck has been specially designed to meet changing customer needs in the light and intermediate commercial vehicle segments. It is to cater to payloads ranging from 4 to 11 tonnes with engine capacities from 85hp to 180hp. The launch model was the Tata Ultra 814 truck model

The new Ultra model is to be added to the smaller 1-tonne commercial vehicle models Tata Super Ace mini-truck and Tata Ace, which were introduced to the Vietnamese market by Tata Motors’ distributor, TMT Motors of Ha Noi. Vietnam in September 2016. (The launched had followed two agreements - Distribution Agreement (DA) and Supply Agreement and Technology License Agreement (TLA) between Tata Motors and TMT Motors in May the previous year (2015). TMT Motors, like the Tata Ace models, is to assemble the ULTRArange from CKD kits at its plant in Cuu Long.

• Tata Motors has supplied 40 9m 900mm Floor Height Non AC buses to the Jammu & Kashmir State Road Transport Corporation. Some of these buses are plying on the difficult terrains of the Jammu to Katra (Vaishno Devi) route and these electric buses will also ply on the valleys of Srinagar.

20 Buses in Jammu were inaugurated earlier this year and 20 more buses were flagged off at the event.

• Delhi Transport Corporation has awarded an extension to Tata Motors Ltd for comprehensive annual maintenance of its 1000 CNG buses. Earlier, between 2007 – 2009, Delhi Transport Corporation had bought and inducted these Tata Motors buses and agreed on a contract of comprehensive annual maintenance of up to 7,50,000 Kms, which was focused on the uptime of busses to serve the city of Delhi. DTC has extended the contract for another 1,20,000 Kms for the1000 buses for which the contract was about to expire.

• Daimler India Commercial Vehicles Pvt Ltd (DICV) of Oragad-am, near Chennai, a subsidiary of Germany’s Daimler AG has received its first BS-VI readiness certification with heavy-duty tractor trailer model, 5528TT.

The 5528TT, which is targeted at applications like cement, bulkers, steel coils, tankers and other heavy load transportation, received homologation certificate from Automotive Research Association of India (ARAI).

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• Ashok Leyland Ltd of Chennai, bagged an order from Senbus Industries for 400 units of Eagle 916 minibuses, valued at 10.06 million euros (about Rs. 80 crores). The capital of Senegal will start receiving buses towards the end of June this year for urban transportation.

In this project, Senbus Industries will be supplied with Semi Knocked Down buses and AL will be collaborating with Senbus on assembling them locally in Senegal. A full-fledged work-shop is also being planned at Dakar by Senbus Industries.

• Ashok Leyland Ltd signed a Memorandum of Understand-ing with Hindustan Petroleum Corporation Limited (HPCL) to jointly offer ‘SadakkaSaathi’, a first-of-its-kind roadside assis-tance programme for commercial vehicles. This service is valid for all eN-Dhan fuel card holders, a co-branded product of Ashok Leyland and HPCL, and DriveTrack Plus card holders of HPCL.

• Olectra-BYD, a joint venture between BYD Auto Industry of Shenzhen, China and Olectra Greentech Ltd of Hyderabad, plans to open a second plant in North India by 2021 to meet the growing demands. Exact location will be shared after signing the agreement with finalized state government.

Originally, the second plant was planned in the southern Indian state of Karnataka, but the company was unable to reach an agreement with local government. Now the plant is to be built further north.

Olectra-BYD has already supplied 108 electric buses to the states of Himachal Pradesh, Maharashtra, Kerala, and Telangana. On October 2018, they signed an agreement with Uttarakhand government to deploy 500 AC Electric Buses in the state with an investment of USD100mn and to deploy 125Nos of 12m buses to Maharashtra Government with an investment of USD17.86mn.

• Commercial vehicle manufacturer, VE Commercial Vehi-cles Limited (VECV), of Pithampur - the commercial vehicle manufacturing joint venture and subsidiary of Sweden’s Volvo AB and Eicher Motors Ltd of Gurugram - has revealed a new range of BS VI Eicher Pro 2000 series light-duty trucks comprising the Eicher Pro 2049 and Eicher Pro 2095XP. The company says USD58.82m was spent on the developing the Bharat Stage VI (BS VI) engine for the Eicher Pro 2000 series light-duty trucks – April 1, 2020 is the deadline for when new truck registrations should meet BS VI emissions standards: At present the company has not released any further details on the engine itself but has stated the USD58.82m investment has been on further developing its engine manufacturing and testing facilities in Pithampur.

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• Scania Commercial Vehicles India Pvt Ltd of Kolar, Karnataka State - a wholly owned subsidiary of Scania AB of Sodertalje, Sweden (a subsidiary of the Traton Group) - has launched its next generation XT range of mining and construction trucks in India. Scania offers two variants of the XT range of tippers in India. The G 440 XT 8x4 Tipper comes with either a 20.2 or 22 cubic meter tipper body, while the G 440 XT 8x4 Heavy Tipper comes with 22 or 23 cubic meter tipper body and beefed up suspension

Component/ Body builders/Service Providers

• Hyva India Pvt Ltd of Pune, a wholly owned subsidiary of the Netherlands-based Hyva Global BV (Hyva Group) of Alphen a/d Rijn plans to invest USD8.7m over the next two years (i.e. 2019 and 2020) expanding -production capacity at its plant in Pune, and to create new products with a focus to improving its environment impact.

• Tata AutoComp Systems Ltd of Pune, a division of Mumbai’s Tata Group, which offers a wide range of products and services for the automotive and commercial vehicle industries and SECO Seojin Automotive Co Ltd, have entered into a joint venture to design, develop and manufacture clutch systems in India catering specifically for commercial vehicles and agricultural tractors. The joint venture is to focus on the clutch cover, clutch disc and friction material required for clutch applications.

The joint venture is to focus on products for the Indian commercial vehicle and agriculture tractor markets, as well as expanding its range for the passenger vehicle market. It will also produce clutch-es for the independent CV aftermarket. SECO is currently manufacturing clutch systems for passenger vehicles at its plant in Chennai and supplies Hyundai. This plant will become a part of the new joint venture.

• TVS Group company, Sundaram-Clayton Ltd (SCL) has inaugurated its first overseas facility in South Carolina, USA, through its subsidiaries, to significantly enhance its ability to serve its custom-ers in North America, its biggest export market. This expansion will establish SCL as a global player from India. The operations will commence by September 2019.

The US facility has been built with a project investment of $90 million (Rs 630 crore). It will produce 1,000 tonnes of castings in the first year of production and in five years, will scale output to 10,000 tonnes. SCL will manufacture a range of high-pressure die-cast and gravity die-cast parts in this facility. The US Department of Commerce and its trade promotion arm, the US Commercial Services in Chennai, played a key role in facilitating this project.

• Bharat Forge, the world’s leading technology solutions provider and manufacturer of heavy-duty diesel crankshafts for commercial vehicles, has rolled out the one-millionth finished machined crankshaft that powers heavy-duty engines of Daimler.

Bharat Forge exclusively supplies machined crankshafts for the 13-litre and 15-litre engine platforms to Detroit Diesel, USA. Additionally, Bharat Forge also shares the 13-litre platform with Daimler’s Mannheim plant in Germany. These flagship engines of Daimler are considered to be among the most technology-enabled high-performance heavy-duty engines in commercial vehicles.

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Legislation/ Noti�cation

Government proposed Sharp hike in vehicle registration fees

New Delhi - Ministry of Road Transport and Highways has released a noti�cation draft on 23rd July 2019 with proposed increase by 10 times the existing fee for registration, renewal fee for vehicles powered by internal combustion engine under Central Motor Vehicles Rules.

Further it is noti�ed to increase the testing charges for �tness certi�cation of the commercial vehicles as well. These noti�cations are awaited to seek comments and suggestions from stake holders.

The renewal of certi�cate of �tness in respect of transport vehicles older than 15 years has been proposed to be conducted every six months from the current requirement of testing once a year. Additional noti�cations recommends exemptions of registration fee towards newly purchased vehicle against submission of SCRAPPING CERTIFICATE of the previously owned vehicle.

Priority seats, signs, securing of crutches/ canes/ walkers, hand rail/ stanchions, controls at priority seats and wheel chair entry/ housing/ locking arrangement for wheel chair for Divyangjan (Di�erently Abled passengers or passengers with reduced mobility) to be checked and ensured at the time of Fitness Inspection for buses has been introduced.

Battery Operated Vehicles will be exempted from the payment of fees for the purpose of issue or renewal of registration certi�cate and assignment of new registration mark. This was already issued earlier, but has been published again for legislative clarity for the amendments.

In order to boost the buying and use of electric vehicles in the personal passenger vehicle segment in future, the government is proposing a steep hike in the fees for issue and renewal of registration of private vehicles powered by ICE (internal Combustion Engine).

PROPOSED FEE STRUCTURE FOR REGISTRATION OF TRANSPORT VEHICLES

Existing fee in USD Proposed fee in USD LIGHT MOTOR VEHICLE

New registration 14.5 145 Renewal of registration 14.5 290

MEDIUM GOODS/PASSENGER VEHICLE New registration 14.5 290 Renewal of registration 14.5 580

HEAVY GOODS / PASSENGER VEHICLE New registration 22 290 Renewal of registration 22 580

IMPORTED MOTOR VEHICLE (4 OR MORE WHEELED) New registration 72.5 290 Renewal of registration 72.5 580

PROPOSED FEE STRUCTURE FOR CONDUCTING TESTS FOR RENEWAL OF FITNESS CERTIFICATE FOR

MEDiUM OR HEAVY MOTOR VEHICLES UP TO 15 YEARS

Existing fee in USD Proposed fee in USD Manual 9 17 Automated 14 29 ANY OTHER TYPE / CATEGORY

Manual 12 Automated 17

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Note:

All vehicle sales number are arrived based on SIAM publication, further OEM’s who have not shared their numberswith us or SIAM will not be taken for analysis nor represented in this report.

LCV bus sales attained degrowth in 1st quarter of 2019-20

ICV Bus sales incline in Q1 of FY 2019-20

MCV bus sales drop in Q1 of 2019-20

Statistics Bus Market

SegmentQ1 FY2018 Application

Intracity Interurban Intercity Special Application

LCV

ICV

MCV

Total

Q1 FY2019-20 Segment and Application wise sales

Source: SIAM & RACE Analysis

Note:• Intra-city buses Runs within the city, covers max of 100 kms

Interurban buses Operates between suburbs, Covers 100 to 300 kmsIntercity Operates between cities or statesFor special purposes like school buses, ambulances, tour buses etc., Covers around 50 to 80 kms

• • •

Q1 FY 2019-20 Segment and Application wise sales

Q1 2019 ICV Application share

Source: RACE Analysis Interurban Intra city Intercity Special Application

14%

15%

71%

13%

17%

70% 31%

24%

15%

30%

Q1 2019 MCV Application share

Q1 - FY2018 Q1 - FY2019 % Change

Q1 2019 LCV Application share

Indian bus market experiences a fall of 1.5% from 24,632 units in Q1(Apr- June) of FY2018-19 to 24,263 units in Q1 of FY2019-20. Overall bus sales dropped due to general elections (May month), poor consumer sentiment and the impact of shared mobility in urban India.

Sale of light duty bus attained degrowth of 2% in Q1 of FY 2019-20 to register 13,927 units from 14,210 units in Q1 of FY 2018. In LCV segment, Special application (school buses, ambulances, tour buses etc.) share of 71.5% is utmost in Q1 of FY 2019-20.

Sale of Intermediate commercial vehicles incline by 0.3% from 6,215 units of Q1 of 2018-19 to 6,231 units of Q1 2019-20. In ICV segment, Special application (school & college buses, tour buses etc.) share of 69.92% is greatest in Q1 2019-20.

Sales of Medium & Heavy commercial vehicles drop by 2.4% to register 4,105 units in Q1 of FY2019-20 from 4,207 units in Q1 of FY2018-19. In M&HCV segment, Intercity application share of 31.15% is utmost in Q4 of 2018-19.

14,210

6,215

4,207

24,632

13,927

6,231

4,105

24,263

-2.0 %

0.3 %

-2.4 %

-1.5 %

1,911

796

999

2,058

1,078

611

-

-

1,279

9,958

4,357

1,217

Q1 2019-20 means 1st Quarter (Apr- June) of FY2019-20, Q1 2018-19 means 1st Quarter (Apr- June) of FY 2018-19, Q4 2018-19 means 4th Quarter (Jan- Mar) of FY2019-20, LCV – Light commercial Vehicle (3.5 to 7.5 Tonnes gvw, >13-seater), ICV – Intermediate Commercial Vehicle (>7.5 to 12 Tonnes gvw), M&HCV – Medium & Heavy Commercial Vehicle (>12 Tonnes to 35 Tonnes gvw)


Market Share Buses

SegmentOEMS

Tata Motors Ashok Leyland Force MotorsQ4 FY2018 %change %changeQ1 FY2019 Q4 FY2018 %changeQ1 FY2019

LCV 8.72% 22.4% 2,579 -21.20%MS% 18.52%ICV -5.40% 12.76% 0.00%MS% 0.00%MCV -40.28% -28.65% 0.00%MS% 0.00%Overall -3.75% -14.75% 2,579 -21.16%Overall MS%

Q1 FY2019

5,90042.36%

2,40038.52%

1,03825.29%

9,33838.49%

5,42739.73%

2,53740.37%

1,73828.58%

9,70237.28%

5844.28%1,230

19.57%3,996

65.70%5,810

22.32% 10.63%

SegmentOEMS

Mahindra & Mahindra SML Isuzu Volvo Eicher

LCV -1.30% 23.20% 2,039 0.30%MS% 14.64%ICV -17.59% 29.56% -23.93%MS% 14.03%MCV 0.00% 0.00% -28.70%MS% 3.75%Overall -7.00% 25.58% 3,067 -9.74%Overall MS%

1,90813.70%

19.48%

0.00%3,122

12.87% 12.64%

Manufacturer wise market share and growth rate


1,214

154

874

In Q1 of 2019-20, Tata motors ltd holds the market leader position with the share of 38.49% in overall market share, which is 1% more compared to last quarter (Q4 of FY 2018-19).

In LCV segment, Tata motors leads market in domestic sale with 42.36% of share in 1st quarter of FY2019-20 and force motors follows with the market share of 18.52% in Q1 of FY2019-20, which is 5% drop compared to the last quarter. Tata motors market share rise to 42.36% in Q1 2019-20 from 39.73% in Q4 of FY2018-19. Noticeably, Force motors market share drop continuous in last two quarter.

In ICV segment, Tata motors leads with the market share of 38.52% in Q1 of FY2019-20, Ashok Leyland follows with the market share of 22.26 in Q1 of FY2019-20. SML Isuzu market share up by 5% in Q1 of FY 2019-20 compared to Q4 of FY 2018-19. Tata motors shared dropped in Q1 of FY 2019-20 compared to the last quarter.

In M&HCV segment, Ashok Leyland leads in this segment with a share of 69.45% in Q1 of FY2019-20, 4% market share increased compared to last quarter. Tata motors market share continuous drop in last two quarters.

7155.13%1,387

22.26%2,851

69.45%4,953

20.41%

7865.64%

3565.71%

0.00%1,142

4.71%

Note:



Q4 FY2018

Q4 FY2018 %change %changeQ1 FY2019 Q4 FY2018 %changeQ1 FY2019Q1 FY2019 Q4 FY2018

3,27123.95%

0.00%

0.00%3,271

12.57%

7965.83%

4326.87%

0.00%1,228

4.72%

1,54911.34%

14.91%

0.00%2,486

9.55%

937

2,03314.88%

18.28%

3.55%3,398

13.06%

216

1,149


LCV goods decline in Q1 2019-20

ICV trucks sales register a visible growth

M&HCV truck sale registers evident degrowth

Segment Q1 FY2018 Q1 FY2019 %changeQ1 2019 Application

Open Cargo Closed Cargo ProcessedCargo

SpecialApplicationRaw Cargo Liquid Cargo

LCV 10,205 9,903 -3% 3,593 3,813 – 1,349

ICV 15,239 16,278 7% 4,639 6,106 2,832

MCV 45,351 37,266 -18% 11,478 11,851 2,415

869

8,131

673

892

1,610

939

475

1,781

Total 70,795 63,447 -10%

Q1 FY2019 Segment and Application wise sales

Note: • Open cargo applied to transport freight which are steady against the external influence and oversized cargos.

Closed cargo applied for transporting all kind of goods but the loading is done by sideways movement are much safer for freight.Raw cargos are predominantly used in heavy duty and off-road movement specific to application such us mining and construction.Processed Cargo are equipped with a silo to transport grains, flour, aluminum powder, cements, fly ash etc...Liquid Cargo applied for the transportation of food and non-food liquid productsSpecial application is Car/truck/scooter carrier, mechanical broom, crane mounted truck, fire service truck

•••••


Q1 FY2019-20 Segment and Application wise sales

Source: RACE Analysis

Processed CargoClosed CargoOpen Cargo Liquid Cargo Raw cargo Special Application

Q4 2018 LCVApplication share Application share Application share

Q4 2018 ICV Q4 2018 MCV

36%

29%

22%

31%

32%38%

5% 6%

17%

6%5%5% 5% 4%

38%

14%

7%

Statistics TrucksIndian truck market attains a degrowth of 10% to register 63,447 units in 1st quarter of 2019-20 from 70,795 units in 1st quarter of FY 2018-19. Due to union elections market infrastructure/ road projects becomes less and holding funds, delay in government subsidies leads lesser growth and we anticipate degrowth in upcoming months.

Sale of light commercial goods vehicles register a 3% of degrowth from 10,2015 units in Q1 of 2018-19 to 9,903 units in Q1 of FY2019-20. When considering the application share, open cargo registers 36.28% & closed cargo register 38.50% of LCV sales share in Q1 of FY2019-20.

Sale of Intermediate commercial goods vehicle registers a positive growth of 7% from 15,239 units in Q1 of FY2018-19 to 16,278 units in Q1 of FY2019-20. In ICV Segment, Open cargo application share of 28.5% and closed cargo application share of 37.51% in Q1 of FY 2019-20.

Sale of Medium and Heavy commercial trucks attain degrowth of 18% to register 37,266 units in Q1 of FY 2019-20 from 45,351 units in Q1 of 2018-19. Open cargo application share of 30.8% and closed cargo application share of 31.80% in M&HCV segment in Q1 of FY 2019-20.

Note:




Market Share Trucks

SegmentOEMS

Tata Motors Ashok Leyland Force MotorsQ4 FY2018 %change %change %change

LCV -26% -25% 301 -49%MS% 3.04%ICV -29% -27% 0%MS% 0.00%MCV -30% -41% 0%MS% 0.00%Overall -29% -38% 301 -49%Overall MS%

Q1 FY2019

5,53955.93%

6,61440.63%22,624

60.71%34,777

54.81%

5185.23%4,087

25.11%11,021

29.57%15,626

24.63% 0.47%

SegmentOEMS

Mahindra & Mahindra SML Isuzu Volvo Eicher

LCV -25% -32% 2,166 -33%MS% 21.87%ICV 393% -23% -38%MS% 29.15%MCV -22% 0% -37%MS% 5.48%Overall -17% -27% 8,952 -36%Overall MS%

9469.55%

1.36%

3.73%2,559

4.03%

1,391

610

4334.37%

4,745

2,0413.75%

0.00%1,043

1.64% 14.11%



Note:

Tata motors leads with the market share of 54.81% in 1st quarter (Apr-June) of FY 2019-20, Ashok Leyland follows with the market share of 24.63%. Tata motors market share up by 2.4% in Q1 of FY 2019-20 compared to last quar-ter (Q4 of FY 2018-19).

In LCV segment, Tata motors leads with the market share of 55.93% in first quarter of FY 2019-20. VECV follows with the market share of 21.87%, constant decrease in market share in last two quarter results. In ICV segment, Tata motors leads with the market share of 40.63% in Q1 of FY 2019-20, increase in market share compared to last quarter (Q4 FY2018-19). VECV follows with the market share of 29.15% in Q1 of FY2019-20, constant decrease in market share in last two quarter results. In M&HCV segment, Tata motors continues to be market leader with the 60.71% of market share in Q1 of FY 2019-20, increase in market share compared to last quarter. Ashok Leyland follows with the market share of 29.57, which is decrease in market share compared to last quarter.

0

0

222



Q4 FY2018 Q1 FY2019 Q4 FY2018 Q1 FY2019

Q4 FY2018 %change %change %changeQ1 FY2019 Q4 FY2018 Q1 FY2019 Q4 FY2018 Q1 FY2019

7,46153.69%

9,28539.74%32,518

57.34%49,264

52.42%

6944.99%5,633

24.11%18,795

33.14%25,122

26.73%

5914.25%

0.00%

0.00%591

0.63%

0

0

1,2599.06%

0.19%

3.15%3,088

3.29%

1,784

45 797

6404.61%

3.41%

0.00%1,437

1.53%

3,25123.40%

32.54%

5.71%14,090

7,602

3,237

14.99%


Statistics Haulage Tractor (Tractor-Semi Trailer/Trailer)

Q1 FY 2019-20 Segment sales

Segment Q1 FY2018 Q1 FY2019 %change

HD truck/Tractor Trailer 18,076 10,466 -42%



OEM Split — Haulage Tractor (Tractor-Semi Trailer/Trailer)


Note :

SegmentOEMS

Tata Motors Ashok Leyland% change

HD truck/Tractor Trailer 6,940 11,865 -49.5%

SegmentOEMS

Mahindra & Mahindra Volvo Eicher

HD truck/Tractor Trailer

The Haulage Tractor- Semi Trailer segment register a massive degrowth of 42% to register 10,466 units in Q1 of FY2019-20 from 18,076 units in Q1 of FY 2018-19.

We are not displaying the market share of this segment as there is changes in tractor trailer sales number of last year number displayed by SIAM can distort the actual market share figures. For detailed RACE analysis on Haulage tractor you may write us in person to share the information as we do not want to publish it on an open forum.

3,820 -45.0% 5,987

733 355 -36.3%425 -42.0% 226



% changeQ4 FY2018 Q1 FY2019 Q4 FY2018 Q1 FY2019

% change % changeQ4 FY2018 Q1 FY2019 Q4 FY2018 Q1 FY2019


Forecasted Q2 (July-Sep) of FY2019-20

Segment Q2 FY2018 % Change

LCV 8,801 7,122 -19.08%ICV 3,974 3,274 -17.61%MCV 5,156 4,051 -21.43%Total 17,931 14,447 -19.43%

Segment Q2 FY2018 %change

18,228 7,712 -57.30%

Source: RACE Analysis

Buses

Tractor/Trailer

Segment Q2 FY2018 % Change

LCV 13,205 9,722 -26.38%ICV 19,642 10,200 -48.07%MCV 50,479 25,722 -49.04%Total 83,326 45,644 -45.22%

Truck

Indian bus market expected a vast de growth in 2nd quarter of 2019-20 due to decrease in demand for the intercity/intracity bus application and delay government subsidies(tax reductions).

Indian Truck and trailer market anticipated vast fall of sales number in Q2 2019-20 due to lesser demand in mining/construction/ Oil & Gas industry and domestic sales, decision of various automotive society to hold the purchase and people sentiments.

Note :



Estimated Q2 FY 2019-20



19

gmt auto engineering

Steel Load Body

Domex Load Body

Variants 24 ft 32 ft

Variants 14/16 ft 21/24ft 32 ft

Manual/Automatic

Body Top Covering Solutions

Contact Detailsn

oooo 40’ /24’/27’/32’ Flat Bed / Skeleton Trailer o 40’/24’/27’/32’ Container/ Side board Trailer

ooo

Product Offerings

Trailer code AIS 113

Flat Bed Semi Trailer

Tip TrailerSide openable with protection

Side Curtains

Bulker

Port Application


19

SPECIAL COVERAGE

E-mobility in Indian CV industry – Eminent transformation.Editorial by Rajesh Khanna, Chief Executive OfficerRACE Innovations Private Ltd.

The Indian Commercial vehicle (CV) Industry dominated by traditional manufacturers with decades of isolation driving them to establish low cost technological products well adapted to Indian environments. Hard pressed environmental concerns, rising energy costs, demand for energy efficient technologies, and country’s emission norms impels e-mobility transforma-tion an integral part in Indian CV Industry.

Akin to International scenarios Indian electric vehicle ambition is still been driven by conceited political environments, development of reliable subsystem/ accessory supplier ecosystems is keen to sustenance. There is been set of policies/ reforms under implementa-tion mode by the current policy makers, more important would be to nurture / implement this drive to make this reality.

Off late the existing local CV manufacturers had aligned their goals to this ambitious road map but face constraints on availability of low-cost technology to meet this price sensi-tive markets, inspite of assured government driven financial initiatives. Trailing concerns had led opportunities for Chinese majors, new entrants to set assembly units to supply e-vehicles under “MAKE IN INDIA” scheme.

OPEX model trends, anticipated to be adopted, welcomed by the cash deprived local State Transport Undertakings / municipalities which are lacking budgets for new vehicle purchases. They are set to deploy electric vehicles on select routes/ corridors on Dry or Wet Lease Model to encourage uptake of electric vehicles, payments are collected and paid on monthly basis thru an e-portal system governed by department of heavy industries. Now at this juncture concerns arises on unswerving transfer of subsidies to manufacturers, immense responsibility on manufacturers to ensure vehicle availability, other operation related tasks performed through the local transporter or by the state transport undertakings.

Vehicle Population - INDIA

Two Wheelers & Quadrcycle

Passenger Vehicles Commercial Vehicle

Three Wheelers

80%

13%

4%

3% Traditional commercial vehicles such as trucks, buses represent only 4% of vehicles on the road, but account for over 60% of fuel consumption, hence its of para-mount importance to look for usage of alternative fuels to tackle emission concerns (Greenhouse gases).

More than 60% of fuel

consumption lies on CV


19

SPECIAL COVERAGE It is anticipated that there would be an initial surge in demand for Battery Electric Vehicles (BEV) / Applied Electric vehicles / Plug in Hybrid Electric vehicles(PHEV) on account of massive push under FAME-II(Fast Adoption &Manufacturing Of Electric Vehicles)1 subsidiary schemes, however usage can be limited to certain specific applications owing to fears on range anxiety concerns . Its quite imminent the transformation is set to be more focussed on Hybrid vehicles, vehicles with lesser polluting alternative fuels like Hydrogen, biodiesel, methanol, ethanol, P- series fuels. Whereby OEM’s need to get their gears suited to function on alternative fuels, further key would be evolvement of supplier ecosystem to support these developments in Commercial vehicles. Widely the electric / hybrid vehicles drive can impact to a range of 20-30% coverage of the existing CV Industry against the Nationalist reforms of an ambitious target of 100% Electric drive. Witnessing the excessive reformative push can evolve India to a low-cost supply base for components/ subsystem to meet out the demands in the developed countries.


While the transformative push for electric vehicles has become a cause to savour in Indian CV industry, indeed it presents challenges along with opportunities.

Charging Infrastructure & Distribution

• Policy reforms to retail electricity by private players• Investments from Private partnerships for setting up charging stations.• Careful planning to avoid electricity shortage, correlating the current power generation crisis.• EV vehicle charging loads can be Intermit-tent and extreme, need to do managed charging to avoid risking the stretched out electricity distribution networks.

Battery Technology

• Availability of Battery Manufacturing Technology in India• Lack of Manufactures• Concerning availability of Lithium ore, still ending up on Imports affecting trade balance.

Incentives & Implementation

• Drive focus incentives only to electric Buses & Hybrid Small Commercial Vehicles under FAME II• Clarity and sustenance on distribution of incentives.• Focus to ensure adoption first rather than localise. Localisation can be done on stabilisation of the technology for Indian markets.• More impetus to be given to promote retro fitment conversions which can be an incremental cost impact to the most sensitive Indian CV market

Chart 2


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SPECIAL COVERAGE Immediate Transisiton expected to be witnessed in offerring Pure electric buses as the FAME II Schemes drives to deploy 7000 buses in various State Transport Undertakings under an OPEX model where OEM’s partnering transporters have to operate on a leasing model and collect their payments and subsidies . Further Strong Hybrid SCV (small commercial vehicles expected to be promoted under the FAME II scheme , they intend to collect it from DHI (department of Heavy Industry) thru an e-enabled platform. In this context the vehicles set have a radical change in their structure, subsystem levels & component levels. OEM’s need to ensure appropriate training to their distribution network , availability of parts to have a smooth functioning of this transisiton . Overall over a period in time we expect there might certain shortfalls which may trigger focus towards alternative fuels usage, hybrids , conversion kits on existing diesel vehicles to meet the overall ambition of reducing the green house gases .

Also to anticipate the evolutions in vehicle body , susperstructure, chassis , other systems to meet out this transisitition. Steel the most demanded commodity in the automotive industry is set to become less in need further to witness demand for alluminium, fiber bodies , Carbon graphite bodies to meet Indian operating condiitons. To this extent the maintenance and infrastructure requires to kept available.

To summarise the quicker reference been the Chinese, US, European markets which well adopted to the e-mobility but still struggling to achieve price parity between diesel and electric vehicles in the price sensitive commercial vehicle sector. Indeed, reformative pushes witnessed sale of more electric/hybrid buses, reduction in price parity on Total Cost of Ownership (TCO) as pushed certain demand of Light duty e-Trucks. Medium duty / Heavy duty trucks are anticipated to achieve price parity by 2030 in these countries. More importantly vendor eco-systems, body parts transformation has been achieved to an extent also the operating conditions as been well suited for e-mobility transformation. In India we have major hurdles in term of harsh environmental conditions, lack of vendor support systems, after-sales support systems to handle during the life of the vehicle, charging infrastructure, network to reduce range anxiety fears will pose as major problems for the OEM’s and new entrants in Indian markets. It will be electrifying to see how the disruptive forces will bring in e-mobility a reality in the commercial vehicle sector, Is it the new entrant OEM’s set to gain momentum or the existing traditional OEM’s anticipate, react timely to hold on their market positions.


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SPECIAL COVERAGEFAME INDIA SCHEME- A Quick glance FAME India Scheme – The FAME India Scheme is an abbreviation for the Faster Adoption and Manufacturing of Hybrid & Electric Vehicles in India. This is an Indian government programme first introduced on April 1, 2015, to encourage manufacturers, component suppliers and other stake holders to invest in the manufacture, sale and support of hybrid and electric vehicles. Phase I of the original scheme ran for a period of two years i.e. April 1, 2015 to March 31, 2017, and then extended to March 2019.

Later in 1st April 2019, the Union Cabinet of India has approved the proposal for the implementation of Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) of phase II scheme with a fund allocation of USD 1.54bn over the period of three years, effect from 1st April 2019 and FAME I closure by 31st March 2019. This would be inline with fortifying the National Electric Mobility Mission Plan 2020 (NEMMP), which aims to achieve electrification of cars, bikes, light commercial vehicles and city buses by 2020.

FAME II plans to support 1 million e-two-wheelers, 500,000 e-three-wheelers, 55,000 four-wheelers and 7,000 buses. The benefits of incentives will also be extended to those vehicles which are fitted with advance battery like a lithium-ion battery and other new technology batteries. The scheme proposes for establishment of charging infrastructure, whereby about 2,700 charging stations will be established in various cities across the country so that there will be availability of at least one charging station in a grid of 3km x 3 km. Establishment of charging stations are also proposed on major highways connecting major city clusters. On such highways, charging stations will be established on both sides of the road at an interval of about 25km each.


Reference of the recent Gazette Notification under FAME II dated 11th march 2019 reflecting the vehicle coverages under this scheme.


Indian CV Industry - Gearing up for BS-VIEditorial by Rajesh Khanna, Chief Executive OfficerRACE Innovations Private Ltd.

Bharath Stage VI, the set emission standard compliance by all auto & commercial vehicle manu-facturers from April 2020 is been the spot light of discussions across various forums. Bharat Stage Emission Standards (BSES) is been instituted in the year 2000 by Government of India in alignment with European standards (EURO) to regulate polluting exhaust gases from ICE (Inter-nal combustion engines) & spark plug Ignition engines, governed by Central Pollution control board under Ministry of Environment, Forest, & Climate change.

Obligatory commitment at the Paris climate agreement to reduce carbon foot print by 33% -35% from its level at 2005 before 2030 has instigated major reforms in emission norms for vehicles along with other environmental drives. Recent spotlight of Delhi’s pollution problems further pushed advancement to BSVI compliance norms leap frogging from BSIV much ahead in April 2020 against the planned time line of 2024 as per national fuel policy, 2015. BSVI norms are fuel neutral, where there is no disparity in emission gases irrespective of fuel usage, which could have been the trigger on policy makers to decide on leap frogging from BSIV to BSVI.

Amidst announcement of change in emission norms compliance to BS VI in 2016, all OEM’s, component OEM’s, accessory manufacturers had an uphill task to get them prepared, validated to adopt the change compared to similar situation which took 9 years to implement in Europe which was a well-developed matured market. At this juncture of hastened transition is going leave scars in the Industry in terms of dip in demand for new vehicles due to price surges, OEM’s trying to pass on the transitional cost on the product pricing, performance issues on the new BSVI vehicles, transporters trying to go back to their old vehicles meaning retention of old vehicles for longer periods , overloading scenarios getting witnessed for a couple of years. Only the stringent regulations clamping vehicle over loading, old vehicle scrapping policies incen-tives, EV/ hybrid aided implementation activities can drive the future demands of Commercial vehicle.

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SPECIAL COVERAGE

Current transitional time frame is a critical moment for commercial vehicle Industry (CV), Indian manufac-turers getting aligned to global markets/supply chain, further creating opportunities for Indian component manu-facturers to export globally on volumes of scale. The current scenario witness’s OEM’s trying to plug in expertise’s available globally, going forward we could see more of developments, R& D activities on simplifying emission control equipment, automotive embedded solutions for betterment. We see the Industry witnessing amalgamation of electronics, information technologies in improvising the deep-rooted mechanical engines, further advancement in electrical vehicles we can see operating Commercial vehicles reaching new scales of advancement getting prepared for autonomous driving post Year 2030.

The long-asked question being the availability of BSVI fuel (reduced sulphur content by 10 parts per million) by Indian refineries, looks like the refineries are quite confident on achieving throughout the retail channels across India starting to clean up the system from September 2019 onwards so that there is no poor-quality fuel in the system. On the contrary as a backup government also mandates BSVI vehicles should be able to run on BSIV fuels as well, to counter this the OEM’s have tweaked their ECM (engine control module), exhaust gas treatment devices to handle poor quality fuels. The other key factor of question ponders about impact of engine oil in case of usage of poor fuel in BSVI complaint engine, do the OEM’s advice on shorter drainage periods or add special mixes to address this concern. Essentially BSVI fuel availability across India is mandatory and not restricted only at key cities else OEM’s are going to collect data on the vehicle performance issues and argue for possible relaxations in this transitional phase.

The current Motor Vehicle Bill 2019 (Amendment) implementation will ensure checks on emission controls during the periodically fitness test certification which mandates automated testing process, heavier penalties on owners violating safety and environmental regulations. Hence its essential that right fuel available across.

SPECIAL COVERAGE

Vehicle sale numbers is already witnessing a drop in the pre implementation period where in dealers not off taking BSVI emission norm vehicle on fears of non-saleability post implementation period (April 2020), the scenario likely to continue unlike the BSIII to BSIV active pre buying, reasons being of excess inventory of vehicles underlying unutilised, possible expected reduction in resale value on BSIV branded vehicles, added unforeseen penalties on lower emission vehicles

Post implementation period is also likely to have lesser vehicle sale numbers for a couple of quarters in the financial year(FY) 2020-21, on reasons of price surge, availability of vehicle variants with new norms, however it’s expected to regularise by third quarter of FY 2020-2021. The real CV Industry revival is expected only when there is clear incentives to trade in old generation vehicle for low emission, energy / fuel efficient vehicles, with accredited operational benefits to transporters /logistic companies arriving from fuel efficiency- savings, higher vehicle uptime, low cost servicing achieved thru various electronic embedded systems & IT integrations.


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Our drive -your electric mobility: MOBILE modules forcommercial vehicles.

Our catalogue-based system of modules is a product platform that is perfectly designed to control all the auxiliary equipment functions in commercial vehicles. MOBILE has been tested and proven in series production and is continually being refined and enhanced - for example, with the new DCU Single Inverter S for controlling air-conditioning systems and compressors. This means you can implement your individual drive solutions very easily and safely in record time. www.Lenze-Schmidhauser.com


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RACE Product Offerings

“Intellect” OFFERS RESEARCH BASED ANALYSED OUTPUT TO PLAN STRATEGIES &TAKE KEY DECISIONS

Our strong network of market research and consulting team continuously tracks the Indian, global automotive market to provide clients with rich, extensive insights on market entry strategies, product development/launch, competitive strategy, mega trends, vehicle/component OEM strategies, regulatory/statutory tracking, customer behaviour analysis and manufacturing feasibility.

“Connect” OFFERS NETWORK AND SUPPORT TO EXECUTE/IMPLEMENT & ESTABLISH THE PROJECT WITH DESIRED RESULTS

This Program enables clients to achieve their targeted vision by RACE deploying their resources within their organisation in various functions (Marketing, Sales, Sourcing, Manufacturing, R&D, Finance), mentoring them with required skills, connect with appropriate key decision makers in the industry to ensure desired results within limited time frame.

RACE also enables companies

venture, technical or marketing collaboration.

TECHNIC” OFFERS ENGINEERING INTERFACE SUPPORT/PRODUCT BENCH MARKING INPUTS FOR DEVELOPMENT/HOMOLOGATION SUPPORT

RACE engineering team is fully equipped to support the clients with various applications and interface engineering enabling the automotive market to realize the complete potential of their products & services, this involves adequate understanding of the technical needs, operating conditions like terrain, location, usage pattern and packaging requirements with partners in the value chain.

Application & Interface Engineering

• Bus and Truck Bodies

• Packaging the vehicle aggregates

Product Engineering

• Bus and Truck Chassis

• Trailers and Specialized vehicles

Validation of Testing

• Prototype Development

•

• Aggregates, Accessories

• Homologation Support

• Statutory approvals

Our current focus been on Electric Vehicle developments for Indian market

Mail Id: [email protected] / [email protected]: +91 98404 90241 / +91 90030 31527


SHOW REPORTIndian CV OEM’s showcased Electric buses at Prawaas 2019

Mumbai - - BOCI (Bus & Car Operators Confederation of India) organized the second edition of Prawaas, "Prawaas 2019 - India International Bus & Car Travel Show" from July 25-27, 2019 at the CIDCO Convention Centre, Vashi, Navi Mumbai, where several CV OEMs chose to launch new products.

Ashok Leyland launches new-generation ‘Oyster’ midi-bus

Mumbai / Chennai - Chennai-based commercial vehicle manufacturer, Ashok Leyland Ltd has launched its premi-um midi-bus called Oyster AC (air conditioned) for business executive and tourist transport on the Indian market – until now it has only been available for export.

The Oyster AC is 10 metres long with a passenger capacity for up to 41 in reclining seats passengers. The chassis is fitted with an Ashok Leyland H-Series 4-cylinder iEGR diesel BS-VI compliant engine, which offers a power rating of up to 95kW and 450Nm of torque, matched with a 5-speed synchromesh gearbox. It is fitted with parabolic leaf spring at front and rear and is fully rollover compliant meeting the latest Bus code norms of AIS 052, AIS 140 and AIS 153.

Tata Motors launches latest bus and coach models for the coming season

Mumbai - Tata Motors Ltd of Mumbai unveiled at the show a new coach, the Magna 16231; an intercity coach, Starbus 12122, and two city buses Cityride 1515, and the high floor Ultra Electric Bus.

Rohit Srivastava, Vice President and Product Line Head – Passenger Commercial Vehicle, Tata Motors Ltd, said India’s growing population in both city and rural communities has led to a surge in demand for more efficient public transportation in all parts of the country, and the models displayed at Prawaas 2019 was testimony to the group’s understanding of the Indian market.

Mahindra unveils BSVI ready Cruzio ICV bus

Mumbai - Mahindra Truck & Bus Ltd a division of Mahindra & Mahindra has unveiled Mahindra Cruzio, a brand-new bus model range based on its latest Intermediate Commercial Vehicles (ICV) chassis platform. The Cruzio bus range is aimed at the employee transport segment which is growing in volume. The show model of the Mahindra Cruzio was 10m long, 10t gvw, and 42 seats. Mahindra said in terms of the safety, the Cruzio meets rollover test regulations as per AIS 031 and the BUS Body code as per AIS 052. It is also compliant with the latest regulatory requirements of AIS 153, which has stringent noise and vibration standards. The company says the bus range offers enhanced visibility in both day and night driving and bigger brakes for efficient braking performance with short stopping distances. It has the highest ground clearance in the category to avoid damage to bumpers. Mahindra Cruzio 42-seat bus is powered using the Mahindra Direct (mDI-Tech), BSVI-compliant engine with Multi drive mode - this allows the driver to switch between three different driving modes: Sport, Eco and City; a smart technology to save fuel. It offers power of 140hp @ 2400 rev/min, and torque of 525 Nm@ 1250-1800 rev/min is mated with 6-speed manual (6F+1R) synchromesh gearbox with over drive. The ladder type frame of 10m in length and is fitted with parabolic suspension at the front and rear. It also comes with ABS, anti-roll bar, window guardrail, driver area partition and fog lamp.

SML ISUZU showcases three bus models

Chandigarh - Commercial vehicle maker, SML Isuzu Ltd of Chandigarh, Punjab (which is owned by a consortium of Sumitomo Corporation of Tokyo, Japan (44%) and Isuzu Motors Ltd (15%) and institutional investors) show-cased three bus models for the 2019/20 season: the Executive Lx Coach, S7 CNG and BH Series staff bus , which broadly cater to staff and tourist applications.


SHOW REPORTAllison Transmission showcases electric propulsion solution for Indian low-floor bus

India / USA - Allison Transmission India Pvt Ltd of Chennai, a fully-owned subsidiary of Allison Transmission Inc of Indianapolis, USA, a manufacturer of fully automatic transmissions for medium and heavy-duty commercial vehicles used the show to introduce to the Indian market its new ultra-low floor electric drive axle, the new ABE Series. The ABE Series integrates dual electric motors, a single- or multi-speed gearbox (depending on the e-axle model), oil coolers, pumps and power electronics into a bolt-in system that replaces the entire traditional power-train within the existing frame. The Allison ABE Series can- operate without restrictions at regular highway speeds, and on all allowable grades. The system can handle 100 per cent torque in regenerative braking. With an axle rating up to 13 tons, Allison claims the system provides more power and torque than any other e-powertrain system in its class on the market. With a dual motor, it has continuous axle output power of 536hp (400 kilowatts) and peak output power of 738hp (550 kilowatts). A single speed e-axle option also is available. Its proprietary cooling allows for industry-best continuous motor power and allows the vehicle to run closer to peak power for longer durations. The standard system is configured for a 28-inch (700-millimeter) walk through, but has an optional 39-inch (1,000-millimeter) configuration.

Eicher displays latest bus models at Prawaas 2019

Pithampur - Commercial vehicle manufacturer, VE Commercial Vehicles Limited (VECV) of Pithampur, the commercial vehicle manufacturing joint venture and subsidiary of Sweden’s Volvo AB and Eicher Motors Ltd of Gurugram, India of Pithampur showcased Eicher 3009L Skyline Pro Staff AC Bus and Eicher 20.15R 12m bus chassis. Daimler India CV displays bus chassis range at Prawaas

Chennai – Daimler India Commercial Vehicles Pvt Ltd (DICV) of Oragadam, near Chennai (a subsidiary of Daimler AG of Stuttgart, Germany) showcased the BharatBenz 1623 and BharatBenz 917.

BharatBenz 1623 coach of 16t gvw is powered with OM906 SCR compliant BS4 engine with a power output of 235Hp @ 2200 rpm and torque 850Nm @ 1200-1600 rev/min, which is matched with the G85 -6 speed, mechanical, synchromesh transmission. The 12m chassis is fitted with Air suspension with 2 air bellows at front and Air suspension with 4 air bellows at rear.

BharatBenz 917 coach of 9t gvw is powered with 4D34i CRDI SCR compliant BS4 engine with a power output of 170Hp @ 2500 rpm and torque 520 Nm@1500 rpm, which is matched with the M036S6, Synchromesh type Cable shift. The 9m chassis is fitted with Parabolic leaf springs with telescopic shock absorbers at front and Semi-elliptical leaf springs with telescopic shock absorbers at rear.


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LOCATION BASED INTELLIGENCERACE Innovations is pioneer in CV Industry serving a diverse clientele giving them application-based solution related to transportation. Our RACE “LBI” Team works closely with logistics & Transportation companies to enable them to transport their cargo safe and securely.

RACE has the team of professional engineering and civil team to execute route survey’s, identify shortest feasible routes, loads securing, vehicle stability calculation, determining capacity of bridges, road filling information’s with civil costs for the purpose of safe and economical transportation of cargo.

Leveraging the technological boom, we have equipped our self with the following

Team generally covers 150-200 kms / day, depending on enroute constraints.

• Turning circle diagram with vehicle simulation along with load

• Railway crossing related obstruction details

• LT/HT Cables, tree branches, sign board, overhead bridge height constraints

• Other observations like petrol pumps, toll plaza, Parking points, SOS- Emergency, services, Dhaba, traffic congestion locations, pothole details, NH/SH Identification, Major city entry/exit.

• Vehicle stability calculations when loaded

• Load security guidelines, suggestion for vehicle modification to suit loads, new vehicle design for special cargo movement

• Gradient calculations

Key Features of RACE report

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Mob: +91 98404 90241 +91 98405 12121


Disclaimer

reporting inaccuracies can occur, consequently readers using this information do so at their own risk.

While every effort has been made to ensure that information is correct at the time of publishing, RACE Innovations Pvt Ltd cannot be held responsible for the outcome of any action or decision based on the information contained in this publication.

© 2019 Race Innovations Pvt Ltd. All rights reserved.

No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form without prior written permission of the Publisher. Permission is only deemed valid if approval is in writing. Race Innovations Pvt Ltd buy all rights to contributions, text and images, unless previously agreed to in writing.

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