Colors: Green Color

 o  Next-Gen HEARTECT platform lowers CO2 emission between 6-8%

 o  Over 8.3 lakh tonnes of CO2 savings since 2008-09, through CNG / LPG / Smart Hybrid vehicles

 o  Petrol and diesel engine driven compact cars achieve nearly 20% fuel efficiency improvement

 o  In-house natural gas based power plant lowers carbon footprint

 o  In-house 1MW solar plant compliments the environment care effort

 o  6% lower water consumption per vehicle in manufacturing

 o  1% lower CO2 emission per vehicle manufactured

 o  Water saving: “Dry Wash” system used on nearly 3 million customer vehicles to save over 285 million litres of water

MSIL CO2 savings

Maruti Suzuki India has introduced a series of innovations across its products and manufacturing processes that contain emission and lower water use.

The Company has saved an estimated over 8.3 lakh tonnes of COemission over the past decade through introduction of CNG, LPG and Smart Hybrid vehicles.

Maruti Suzuki has been consistently achieving improvements in fuel efficiency in the conventional petrol engine and diesel engine vehicles. The efforts have led to nearly 20% fuel efficiency improvement in compact cars in both gasoline and diesel vehicles. This is achieved through focused innovations such as new generation platforms, friction reduction in drive train and improvement in drive-line losses.

The innovative next generation HEARTECT platform lowers the CO2 emission by 6-8% while offering superior performance and safety. Blockbuster models such as the Baleno, IGNIS, Swift and Dzire, built on the HEARTECT platform, are thus more efficient with superior performance. These models meet the advanced safety norms, leading to a win-win for customers and the environment. 

At its manufacturing facilities, Maruti Suzuki has reduced water consumption per vehicle manufactured by 6% in 2017-18, compared to the previous year. At the same time, there is a 1% reduction in CO2 emission while manufacturing every vehicle over the past year.

Reinforcing Maruti Suzuki’s commitment to the environment, Mr. Kenichi Ayukawa, Managing Director & CEO, Maruti Suzuki, said, “Maruti Suzuki is working systematically to reduce vehicle emissions and the impact of manufacturing on the environment. The Company has been consciously introducing innovative technologies to make products environment friendly. Our innovative vehicle platform, HEARTECT, helps us to lower CO2 emissions between 6 to 8 per cent even as it enables us to offer a superior drive performance. Going forward, we will continue our focus on investing in new technologies and further bring down CO2 emissions per vehicle.”

He added, “As part of our effort to use renewable source of energy, in this fiscal we plan to install a 5MW solar power plant at our Gurgaon campus. At Manesar, our existing 1MW solar power plant will be complemented by an additional 0.5MW solar plant.”

Dry Wash to save water

Use of Maruti Suzuki’s Dry Wash system, saved a whopping 285 million litres water in 2017-18. Nearly, 3 million vehicles were cleaned using Dry Wash system in 2017-18. Maruti Suzuki uses the environment friendly Dry Wash system to conserve water, shorten wash time and improve final wash quality. Presently, 588 Maruti Suzuki workshops across 186 cities use the Dry Wash system.

Top 5 cities where Dry Wash is popular:

City

Number of vehicles undergoing dry wash (per annum)

Estimated volume of water saved with Dry Wash (million liters)

Bangalore

329,000

31.25

Hyderabad

122,000

11.59

Delhi

121,000

11.5

Kolkata

94,000

8.93

Guwahati

84,000

7.98

Production

The industry produced a total 8,064,239 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-June 2018 as against 6,919,414 in April-June 2017, registering a growth of 16.55 percent over the same period last year.
 
Domestic Sales

The sale of Passenger Vehicles grew by 19.91 percent in April-June 2018 over the same period last year. Within the Passenger Vehicles, the sales for Passenger Cars, Utility Vehicle & Vans grew by 17.98 percent, 23.22 percent and 27.29 percent respectively in April-June 2018 over the same period last year.

The overall Commercial Vehicles segment registered a growth of 51.55 percent in April-June 2018 as compared to the same period last year. Medium & Heavy Commercial Vehicles increased by 83.59 percent and Light Commercial Vehicles grew by 36.51 percent in April-June 2018 over the same period last year.

Three Wheelers sales increased by 54.01 percent in April-June 2018 over the same period last year. Within the Three Wheelers, Passenger Carrier sales registered a growth of 64.48 percent and Goods Carrier grew by 21.35 percent in April-June 2018 over April-June 2017.

Two Wheelers sales registered a growth at 15.92 percent in April-June 2018 over April-June 2017. Within the Two Wheelers segment, Scooters, Motorcycles and Mopeds grew by 10.35 percent, 19.47 percent and 7.27 percent respectively in April-June 2018 over April-June 2017.

Exports

overall automobile exports grew by 26.73 percent. While Passenger Vehicles exports declined by (-) 7.37 percent, Commercial Vehicles, Three Wheelers and Two Wheelers registered a growth of 41.03 percent, 75.04 percent and 29.59 percent respectively in April-June 2018 over the same period last year.

XPENG Motors on Monday announced at a Hong Kong press conference the kick-off of its Series B capital funding of RMB 2.2 billion, with Alibaba Group, Foxconn and IDG Capital as three major investors. That will bring the total raised by XPENG Motors in capital market to over RMB 5 billion, marking a milestone in efficient, integrated funding for a company in the automobile sector.

This Series B capital funding brings together global giants in finance, equity capital, technology and manufacturing. Alibaba Group, one of China's leading internet companies was a key round A+ investor and remains one of the major investors in round B. Global manufacturing giant Foxconn and leading global investment firm IDG Capital, have also invested in this Series B round. Other Co-investors in Series B include Yunfeng Capital and China International Capital Corporation Limited. Series A+ investors, such as GGV Capital, Morningside Venture Capital, and Matrix Partners, appear again on the list of investors of this new round of fundraising. Individual investors include Yuri Milner, a globally renowned investor in science and technology.

Among those speaking at the news conference were Joe Tsai , Executive Vice Chairman of Alibaba Group; Yang Fei, IDG Capital partner; Lu Qingsong from Foxconn Group; and He Xiaopeng, Chairman of XPENG Motors.

"Alibaba is the world's leading science and technology company, Foxconn is the world's benchmark company for high-tech manufacturing, and IDG Capital is the world's top investment entity. It is, thus, an important milestone for XPENG Motors that Alibaba, Foxconn, and IDG capital are the joint lead investors in this round of fundraising," said He Xiaopeng, Chairman of XPENG Motors.

"Though financing is crucial to the survival and development of Internet-based auto companies, what is decisive for such companies is product innovation ability, the ability to turn an idea into reality in an era when products are rapidly upgraded and the user-centered approach adopted by the best product managers," He added. "XPENG Motors' G3 is set to be launched in the market this year. We will continue to announce and carry out a variety of transboundary co-operations with our dear partners."

Joe Tsai, Executive Vice Chairman of Alibaba Group, said: "Smart transportation has great potential to become one of the fastest growing sectors, making huge impact on people's daily lives," Tsai added. "XPENG Motors combines the advantages of the internet, artificial intelligence and traditional manufacturing. Alibaba is very excited to work together with XPENG Motors to accelerate the integration and innovation across sectors, leading to more rapid development in smart transportation."

"A strategic area of investment for us, the new energy sector is constantly causing profound changes in the global industrial structure and in our daily lives. Electric, intelligent, and Internet-connected cars are an inevitable result of the reform of the new energy sector, and an irreversible direction of development for the auto industry," IDG Capital partner Yang Fei said.

"Among the newcomers in the auto industry, XPENG Motors has an inherent Internet-based gene for auto manufacturing, and has shown its ability to bring about practical, highly efficient innovation in the fields of intelligent Internet, automatic driving, and data mining. We believe that the Internet-connected model being forged by XPENG Motors has the potential to become the mainstream choice of the younger generation," Yang added. "Traditional manufacturing as a whole is heading toward a new era of high tech and artificial intelligence. Just as their traditional auto counterparts, new Internet-based auto companies will also be in the vanguard of intelligent transport."

Further praise for XPENG Motors came from Lu Songqiong, Chairman and CEO of Foxconn Interconnect Technology, who said, "With our 40 years of experience and technology ability, Foxconn will support XPENG Motors to pursue technology and quality and effectively strike a balance between the two. And we are happy to be deeply involved in the development of Internet-connected cars at such a crucial time."

In December 2017, XPENG Motors announced the close of its Series A0, A1, and A2 rounds of A+ funding; the money raised in Series A0 came from Alibaba Group and He Xiaopeng himself; in Series A1 from GGV Capital, Morningside Venture Capital, IDG capital, Matrix Partners China, and jointly from Shunwei Capital and Guangkong Zhongying Capital; and in round A2 from Xin Ding Capital, Kinzon Capital, and Lightspeed Venture Partners. In May 2017, XPENG Motors received an investment of RMB 2.2 billion, led by Ucar Capital, a fund established by Ucar Inc. In addition, individual investors of XPENG Motors in the Series A+ round of fundraising include Internet tycoons Yao Jinbo, founder and CEO of classified information platform 58.com; Zhang Tao, founder of the restaurant review platform Dianping.com; and Dai Kebin, founder and CEO of the job-hunting website liepin.com.

Of all the Internet-based newcomers in the auto industry, XEPNG Motors has always taken the lead in each of the key stages of development. Its new cars, ranging from the Beta model and production model (1.0) to XPENG Motors G3 (2.0), have been upgraded twice, and its strong ability to deliver and turn ideas into reality has been universally recognized by industry insiders. Among the newcomers in the auto industry, XPENG Motors was the first to have launched, in September 2016, its Beta model, accompanied by its first test drive. XPENG Motors was also the first to have been granted, in July 2017, product qualification by the Ministry of Industry and Information Technology, the first to have achieved mass production in October 2017, when the first batch of its production cars (1.0) was successfully released in Zhengzhou, and again the first to have delivered, on December 3, 2017, a production model (1.0) with a Beijing plate number to its first owner He Xiaopeng. The XPENG Motors Intelligent Internet-connected Science and Technology Park, with an area of 3,000 mu (200 hectares) and an investment of RMB 10 billion (Zhaoqing Base), officially got underway on December 11, 2017. In January 2018, at the Consumer Electronics Show (CES), XPENG Motors showed to the world, for the first time, its G3 production model.

XPENG Motors G3 is an aesthetically pleasing, high-tech and high-quality, all-electric SUV. The shape of the G3 is a tribute to sportsmanship, with a LED sword-style lighting, sharp front lip, as well as one-piece diamond matrix taillight. In addition, the G3 model features a 360-degree roof camera - an industry first, a space-capsule-like driving space that is unique for a Chinese brand, a set of 25 intelligent sensors, as well as automatic drive techniques that is especially suited to Asia's driving environment.

The G3 is set to be on sale in 2018, and that is when its detailed setup and price will be made public.

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