Auto Expo 2020: What to expect from Auto Makers
"This time, Auto expo 2020 over 30 participants and this is lesser as compared to the previous edition in 2018."
The Indian automotive industry is keenly looking at the Auto Expo 2020 in Greater Noida to spark recovery from the dismal year that was 2019. This is the 15th edition of the Auto Expo.
There is also the Automotive Component Manufacturers Association of India (ACMA) show which will have just over 1,200 participants. The Auto Expo is jointly being organized by the ACMA, Society of Indian Automobile Manufacturers (SIAM) and Confederation of Indian Industry (CII).
Liquidity crunch and the switch from Bharat Stage-IV to BS-VI emission norms from April 1 this year are being seen as two of the main reasons for the slowdown. There is doubt in the mind of the potential buyer about how BS-IV vehicles will work with BS-VI grade fuel, mainly when it comes to diesel cars. Plus, there was little clarity if BS-IV vehicles will be allowed to run after the cleaner norms kick in.
Hero MotoCorp, Honda Motorcycle and Scooter India, TVS, Honda Cars, Toyota Kirloskar Motor, Ford, Nissan, BMW, Audi, Jeep, Volvo, Jaguar Land Rover, Volvo, Bajaj Auto, Yamaha, KTM, Citroen, Triumph, Fiat, Lexus, Harley-Davidson, Ducati, and Ashok Leyland are the majors who will skip the Auto Expo 2020 event and this might give an indication that things are not well in the industry.
This time, Auto expo 2020 over 30 participants and this is lesser as compared to the previous edition in 2018.
The switch to the cleaner BS-VI emission norms might have played a role in the slowdown but the electric vehicle (EV) battle will be an interesting one at the Auto Expo 2020.
The expectation is that there will be close to two dozen electric product launches or showcases at the Auto Expo 2020.
For starters, Maruti Suzuki is going to showcase the Futuro-e electric SUV. Indian auto major Mahindra had, a few days ago, indicated showcasing four EVs, possibly the XUV500, XUV300 and KUV100 and a smaller vehicle, something like the Bajaj Qute.
French auto major Renault will showcase a dozen cars, including EVs. Mercedes-Benz is also likely to showcase an EV. We can expect some announcements from Skoda Auto, Volkswagen, Hyundai, Kia Motors too, both ICE and electric vehicles.
This a great opportunity for start-ups to showcase their products and technologies. If all the auto majors were participating, start-ups would perhaps not have got the same kind of attention as they could get now.
ONB Technologies, Okinawa Autotech, Everve Motors, M2go, Charjet E-Mobility, Sehgal Elmoto, ZN Mobility, Raptee Energy and others are among the 18 start-ups scheduled to participate in the Auto Expo 2020.
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Samana Maharjan
