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Dexter Capital Advisorsย โขย 3m
BYDโs in a lot of news, while itโs worked out a partnership in India, that 99.99% Indians donโt even know about ๐๐ This is about how BYD is set to bring in its fully electric heavy-duty commercial vehicles in the Indian markets. It has worked out a silent deal with a newbie Indian company. Yet, there is zero media coverage! .. Whatโs that newbie company called Qusev (expands to Quest for Clean Energy Vehicles). But, what matters is two things. 1> Whoโs behind this company 2> Whatโs its deal with BYD So, letโs dive deeper, right away. .. Qucev was founded by former CaratLane founder Mithun Sacheti, ace investor Madhu Kela, and NK Raval. It has also raised money from the private equity firm Sacheti and Kela run (Singularity AMC). But, whatโs more important (in my eyes) is this other name - NK Raval. - Raval is the former MD of Olectra Greentech, which is one of Indiaโs biggest electric bus makers and is primarily all about Hyderabad-based Megha Group sourcing tech from BYD and manufacturing its buses in India - Raval is the one who made that BYD link work with Megha, and he has now worked out a deal between BYD and Qucev, wherein BYD shall supply completely knocked-down kits and batteries to Qucev Thus, itโs more than clear - The business is all about Raval and his experience bringing BYDโs tech and tools to India and making that work. He has done it before, and delivered, and he is here to do it again. .. Somehow, all of this has received no media coverage. Thus, even when I learned about this back in December from one of Sachetiโs interviews, I thought it may be some small deal. - But, days ago, when Singularity AMC announced its new Rs 1.8k crore fund and openly talked about having invested in Qucev, I thought it would spark more of media coverage on what this is all about. But, I guess the media will take its own due course of time on this - Anyhow, Iโm pretty excited about this one. Been always in favour of having the best of players and tech come to India, so that Indian biggies like Tatas, Mahindras, Ashok Leyland etc are pushed to compete, invest and innovate My only sour point? That there is hardly any manufacturing being talked about here. But, probably thatโll come once Qucev launches the BYD vehicles in the market and sees enough demand shaping up. By that time, the Govtโs comfort and support for Chinese vehicles in India will also become clearer. After all, manufacturing electric heavy commercial vehicles is bound to demand a lot of money. What do you think?
Learning by Tryingย โขย 4m
How BYD Is Killing Tesla in Its Own Game It was 2011, and in a Bloomberg interview, The interviewer asked Elon, โWhat do you think about BYD?โ. Upon hearing the name, Elon started laughing and responded, โDo you think they are our competitors? Have
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BYDโs rise is nothing short of extraordinary. Once a small battery manufacturer, it now leads the global EV revolution, outpacing Tesla in China and expanding worldwide. Founded in 1995, BYD entered the auto industry in 2003 by acquiring the struggl
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One thing that Elon spoke about in the Teslaโs โWe, Robotโ event is autonomous vehicles like the CyberCab becoming Individualised Mass Transit. Is this too optimistic? What are the challenges associated with the mass scale adoption of autonomous ve
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unbeatable technology I am proud to be an Indian. I am opening a vehicle company in which vehicles running on renewable energy will be manufactured. about vehicles These vehicles will run on any type of water A very special technology has been inst
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Hey guys I have an idea! Now a days parking for vehicles in metropolitan cities becoming big issue right! So how about making a website or app that guide the vehicle for proper parking area and it also shows the available of parking near or surroun
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