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Nexzu Mobility Launches Roadlark E-cycle

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Nexzu Mobility has launched a new Made in India, super long range , electric vehicle that runs up to a 100 km in a single charge – the new Roadlark electric cycle. With a staggering 100 km riding range per charge, sturdy  cold rolled steel frame, automotive grade build quality and customer centric features like a removable battery and  dual disc brakes, the new Roadlark is a disruptive innovation that  punches above its weight and can go toe to toe with most electric and even some petrol scooters. The new Roadlark offers the best experience for day to day intra city commutes at a fraction of the price, running cost and maintenance efforts compared to scooters.

Designed, engineered and manufactured by Nexzu, the new Roadlark is India’s first made in india 100 km range e-cycle. The Nexzu team achieved this breakthrough by innovating a new light weight frame design, a higher efficiency powertrain and incorporating a state of the art energy storage solution.. With the launch of the Roadlark, Nexzu continues to pursue its mission of becoming the #1 electric cycle and scooter brand. The Roadlark features a “dual battery system”. Aprimary 8.7Ah lightweight, removable battery and a secondary 5.2 Ah in-frame battery that can be charged on domestic socket.  The new Roadlark clocks an astonishing 100 km riding range on pedlec mode and 75 km range of throttle mode. The e-bike reaches a speed of 25km/hr for a safe and comfortable riding experience. It features dual ventilated disc brakes for effective stopping power and a rugged front suspension for best in class safety and riding  comfort. The new Roadlark is priced at INR 42K and customers can directly purchase the product  from Nexzu’s 90+ touch points or the Nexzu Mobility official website.

Speaking on the new offerings, Rahul Shonak – COO, Nexzu Mobility, said, “We are thrilled to launch the cutting-edge new Roadlark. With a lightweight swappable battery and  the breakthrough 100km riding range per charge, the new Roadlark is a testament to the power of “make in India” and Nexzu’s customer centric design and  engineering . Our engineering and design team has a single minded focus to provide the most customer centric mobility solutions and with the new Roadlark we are keen to delight customers by offering a super long range electric cycle that can serve as a primary mode of transport even replacing scooters. With 6 different riding modes, riders have flexibility to choose their desirable level of electric assist, as per their riding needs. Electric cycles have proven health benefits and with the new super long range Roadlark we are thrilled to continue our march towards customer centric, cost effective and clean mobility solutions.”

Nexzu Mobility is also focused on propelling the Make in India initiative. The new Roadlark is developed with India’s local ecosystem, bolstering the company’s contribution to both India’s environment and economy. Customers can purchase the e-cycle at Nexzu dealerships across India or through its website.

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Hero MotoCorp to Launch AR Showroom for Elevating Buying Experience

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Adloid has partnered with Hero MotoCorp for the launch of the first-of-its-kind immersive Augmented Reality showroom. Using its proprietary technology ADLOID has added enhanced features like hotspots, configurators, remote sales assistance, and more. This technology is revolutionizing digital buying experiences and was recently used by Tata Motors for the launch of their flagship products.

Hero MotoCorp will now be providing a 360-degree shopping experience to its customers with the help of Augmented Reality. 

Vikas Malhotra, Head – Business Solutions & Support at Hero MotoCorp said,” At Hero Motocorp, we were looking for an agile partner to co-create “digital buying journey” of our products, a Highly skilled and passionate team from Adloid did the job exceptionally well by providing a truly World-class solution for “Virtual Showroom, Product Configurator and AR experience for our product portfolio”. Speed, agility, and dedication of team working on the project helped us in releasing the same in a very short span of time without single physical meeting reflecting the professionalism. We look forward to more such associations with the team and wish them luck.”

Speaking about the partnership, Kanav Singla, Founder & CEO of Adloid said, “Augmented Reality is helping us move beyond inherent human limitations and present contextually relevant information to people . Our partnership with Hero Moto Corp is one such example where we are changing the way people shop and experience products online. The inherent limitation of a physical showroom is a thing of the past.”

The augmented reality showroom takes digitization a step ahead by allowing customers to explore, configure and experience the Hero MotoCorp products in their homes.

The augmented reality experience comes with interactive hotspots and virtual sales assistance to address queries and concerns as they browse through various models. 

Adloid has also enabled advanced features such as the Hero Product Configurator (HPC) in the virtual showroom, which allows customers to see the differences between variants, add customizations and accessories, and go through color options before making a purchase decision. 

The showroom replicates the experience of a brick-and-mortar store in its true sense, within the comfort of our homes, offering an uninterrupted virtual experience.  

Prashant Sinha, Co-founder & Auto Lead of Adloid added, “We aim to make the virtual  experience more seamless and faster through the launch of this virtual showroom, the focus is to showcase all features of the models available. Through our platform we have enabled Photo realistic rendering of Hero products in real time to create a rich and immersive AR experience for customers. This will bring a non-interrupted 24*7 showroom where prospective buyers can explore the complete product range and even book the products they’d like to purchase”.                                 

Adloid is also removing the hesitance of using AR technology by removing bulky hardware from the mix. Customers with access to smartphones, tablets, and similar devices can easily participate and experience shopping in a virtual showroom with the help of a simple web app. 

To try it out for yourself, visit the Hero MotoCorp virtual showroom via your mobile browser. Unlike other web-based AR tools, there is no need to scan a QR code or install an app to experience the showroom. 

As industries take to virtual, it will be interesting to see how augmented reality brings the touch and feel back to shopping experiences. 

The virtual showrooms in the automobile industry are a promising glimpse at the future.

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Vehicle Registrations witnessed Huge Downfall in April 2021: FADA

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The Federation of Automobile Dealers Associations (FADA) released Monthly Vehicle Registration Data for FY 20-21 as well as April’21.

April’21 Registration

Unlike other months, we can’t represent a YoY comparison since India was under complete lockdown in April 2020 and not a single vehicles could be sold. Hence, all comparisons for this month has been done on MoM basis. 

Commenting on how April’21 performed, FADA President, Mr. Vinkesh Gulati said,“India is currently facing one of its toughest times with 2nd wave of covid creating a havoc in everyone’s life. This time, the spread is not only limited to urban markets but has also taken rural India in its grasp. 

Auto Registrations for the month of April witnessed double digit fall to the tune of -28% MoM, as most of the Indian states started going under lockdown (partial as well as full) beginning April 5th onwards. The spread started with Maharashtra followed by Chhattisgarh, Delhi, Rajasthan and other Indian States following the suit. Not surprisingly, all categories hence closed the month in red with 2W down by -28%, 3W by -43%, PV by -25%, Tractors by -45% and CV by -24% respectively on a MoM basis.

Unlike last year, the lockdown this time around has been imposed by State Governments and not the Central. Due to this, there has been no relief announcements which has come out till now either by the Center or RBI and Auto OEMs.

FADA humbly requests Auto OEMs (our Principals) to handhold their dealers the way they did last year during the 1st phase of pandemic as situation is very grim in most of the states and Dealer Principals as well as their teams are fighting for their survival from Covid. FADA also requests OEMs to not burden dealers with high billings all the states where lockdown has been announced.

FADA also requests the Government to come out with financial package, the way they did last year. We also request RBI to come out with guidelines/notifications for relaxation of loan re-payment equivalent to the tune of number of days of lockdown each state has announced.” 

Near Term Outlook

The 1st 9 days of May has seen extremely lean sales due to lockdown announced by majority of states. Lockdown also means dealership outlets to remain closed thus meaning zero sales. Considering the rising number of cases, one can expect the peak in terms of infections for India on a whole could be at least a fortnight away. Even where, Dealerships are open, the walk-ins have dropped to 30% and customers are delaying their purchase decision.

The just-concluded elections in states like West Bengal, Tamil Nadu, Kerala and Assam, movement of migrant workers back to states like Uttar Pradesh and Bihar can keep the curve rising. Overall, FADA hence maintains absolute sluggishness for the month of May as most of the states have announced extension of lockdown till the end of the month.

Long Term Outlook

The 2nd wave of covid has not only unsettled urban but also the rural markets this time around. Recovery hence looks to take a longer time when compared to recovery which came after 1st wave.

The only ray of hope lies on Monsoon’s on time arrival which is likely to enter India through the southern coast around June 1. The country’s weather office has also said that India is expected to get average monsoon rains this year, thus raising expectations of higher farm output, which is central to the country’s economy. This will also lead to rural markets recovering faster than urban. Also categories like Tractors and 2-Wheelers will have a rub off effect in terms of recovery.

Auto Registration, Vehicle Registration, COVID 19, FADA, IT News, Technology News, Telecom Today

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Renault India Partners with CSC Grameen eStore to Improve Rural Outreach

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In order to strengthen its rural presence and move closer to the customers in the remote areas, Renault India announced its partnership with CSC Grameen eStore, a subsidiary of CSC eGovernance Services India Limited (CSC-SPV). As a part of the partnership, Renault India’s leading product range will be listed on the CSC Grameen eStore and made available to the potential customers in hinterlands through aspirational Village Level Entrepreneurs (VLEs).

CSC Grameen eStore is an eCommerce initiative by CSC (under the Ministry of Electronics and Information Technology) to promote digital ordering and delivery in rural areas, making digital inclusion of rural India a reality. To facilitate smooth rural e-commerce, Renault will build a mechanism that would facilitate the supply of its products to Village Level Entrepreneurs (VLEs) who will help list the products on select CSC Grameen eStores. The VLEs will further promote, generate enquiries, and facilitate sale to end customers in rural areas through the support of respective Renault Authorised dealerships.

Venkatram Mamillapalle, Country CEO & Managing Director, Renault India Operations said, “We see tremendous potential in the rural markets, and are aggressively pursuing with an innovative and comprehensive strategy to amplify and grow our presence in Rural India. The digital transformation has brought about a revolutionary change in dissipating physical boundaries and hinderances, helping bring different rural and semi-urban markets onto a common platform. We curated ‘sons of the soil’ strategy, wherein we recruited 500 educated youngsters from rural and small towns, trained them and put them as rural sales engineers to market Renault cars. This is yet another initiative to enhance our reach within the country and create a strong network in the rural market.

“We are extremely confident that this partnership will pave the way for digital and economic empowerment and will further boost our efforts to deliver consumers’ favourite Renault car at their doorstep,” he added.

Dr. Dinesh Tyagi – CEO, CSC SPV said, “The idea for Grameen e-Store exemplifies Prime Minister’s call for Atmanirbhar Bharat by creating opportunities for rural youth and being vocal for local. Through this initiative, VLEs are playing a critical role in connecting producers and companies with the rural consumers right at their doorsteps. Partnering with Renault will allow the Grameen eStore to have first four wheeler brand, while providing customers in rural areas easy access to its great products and services.”

“The tie-up with Renault will certainly prove a milestone for CSC in facilitating world class product and services in the rural India. Our VLEs will avail themselves of this two-way opportunity first, in learning the basics of Renault cars and then in enhancing their means and resources,” he added.

As a part of its Rural Amplification Strategy, Renault initiated a special project last year – VISTAAR – to amplify and grow presence in rural India. In order to move closer to the customers in the remote areas and showcase its new compact sub four meter SUV KIGER, Renault India recently launched a new initiative ‘Rural Float’, a fully functional mobile showroom, that aims to provide complete Renault experience to the existing and potential customers in more than 360 towns across the country, especially in the rural markets across India.

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