After purchasing my Fiat Punto, I was searching for some automobile community and fortunately stumbled upon The Automotive India. Since then I’m addicted to this place. In the beginning I thought that it’s just one of the many forums around, but after really helpful and friendly interactions with members, I found TAI to be very interesting. The Automotive India has provided me enough of knowledge about all aspects of automobiles and I’m sure that like me, others too enjoy discussing with many like-minded people here. Wishing all the very best to TAI for future. - Ravi
According to ‘Repowering Transport,’ a new report recently released by the World Economic Forum, countries seeking to reduce oil dependency as well as emissions of their transport sector must support the development, distribution and adoption of new technologies through a structured policy approach, public-private partnerships, risk hedging and collaborative financing.
As things stand today, global transportation and fossil fuels (petrol, diesel) are inextricably linked. More than 60% of the 87 million barrels of oil consumed every day power the world’s transportation system. And if you’re wondering whether the Toyota Prius and its ilk have made a significant difference, get this – liquid fossil fuels account for more than 96% of the current energy supply to the transport sector.
The ‘Repowering Transport’ report estimates that an annual investment of about US$400 billion would be required to achieve just 25% penetration of alternative energy sources (electricity, biofuels, CNG/LPG) from 2010 to 2030, and reduce total oil consumption in the world’s transport sector by 0.5% per year. However, even though that’s a massive sum of money, it’s still relatively moderate compared to the US$740 billion needed every year in global oil subsidies and maintaining status quo in the worldwide transport sector.
According to the Repowering Transport report, lack of financing for ‘green’ transportation is not because capital isn’t available. Instead, it’s because of the uncertainty prevalent in the regulatory environment and the challenges in risk assessment in this area. To deal with this, the report proposes a two-pronged policy approach to achieve energy diversification – establish and impose fuel taxes and carbon fees, and set progressively higher fuel efficiency performance standards.
While India hasn’t made any significant efforts to reduce its transportation sector’s dependence on oil, countries like China and Brazil have taken strong steps in this area. China has pledged a US$15 billion investment in electric vehicles, coupled with a tight-knit collaboration between government and private enterprise, aiming to put 5-10 million electric vehicles on the road by 2020. Brazil, on the other hand, has been promoting the use of biofuel, which today powers a fifth of the country’s entire transportation system. It’s time India also sat up and took notice of these initiatives. We need to figure out, as soon as possible, what steps we need to take in the short- to mid-term future.
‘The report finds that oil will continue to be the dominant fuel for transportation over the next 20 years but innovative partnerships among business, government, academia and civil society marks are accelerating technology development of alternative sources,’ says John Moavenzadeh, Head of Mobility Industries at the World Economic Forum. Countries like Canada, Sweden, the United Kingdom and the US have started work in a big way towards forging these partnerships and making them work. We, here in India, need to make sure we don’t get left behind.
The new Ford Fiesta, which will be launched in India later this year...
Ford Motor Company has recently announced that it will invest US$72 million towards expanding its powertrain facility in Chennai, to further support its sales and export growth plans in India. When the expansion programme is completed in mid-2012, Ford’s engine plant will have a production capacity of 330,000 units per year, up from the current 250,000 units capacity.
‘This investment reinforces the importance of our Chennai plant and Ford's continued expansion in India. This expansion will allow us to provide more technologically advanced and fuel-efficient engines to our customers in India and in markets around the world where we export Chennai-built vehicles,’ says Michael Boneham, President and MD, Ford India. ‘The new investment also further supports our plan to introduce eight new global Ford vehicles in India by 2015. When the expansion is finished, a third production shift will be added at the engine assembly plant, creating more than 300 new direct jobs,’ he adds.
The new investment is part of Ford India's transformation into a major global export and manufacturing hub – soon, 1.6-litre and 1.4-litre petrol and diesel engines, built at Ford’s Maraimalai Nagar facility near Chennai, will be exported from India. Incidentally, this engine manufacturing facility was inaugurated in January 2010 and production hit the 100,000 units figure in March this year, just 14 months after operations commenced at this plant.
The Maraimalai Nagar plant is the first Ford facility in the world that features a single flexible production line where both petrol and diesel engines can be manufactured. The plant currently produces five ‘Duratec’ petrol engine variants and one ‘Duratorq’ diesel engine variant for Ford vehicles, and is also gearing up to produce powertrains for the all-new Fiesta sedan which will be launched in India later this year.
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According to ‘Repowering Transport,’ a new report recently released by the World Economic Forum, countries seeking to reduce oil dependency as well as emissions of their transport sector must support the development, distribution and adoption of new technologies through a structured policy approach, public-private partnerships, risk hedging and collaborative financing.
As things stand today, global transportation and fossil fuels (petrol, diesel) are inextricably linked. More than 60% of the 87 million barrels of oil consumed every day power the world’s transportation system. And if you’re wondering whether the Toyota Prius and its ilk have made a significant difference, get this – liquid fossil fuels account for more than 96% of the current energy supply to the transport sector.
The ‘Repowering Transport’ report estimates that an annual investment of about US$400 billion would be required to achieve just 25% penetration of alternative energy sources (electricity, biofuels, CNG/LPG) from 2010 to 2030, and reduce total oil consumption in the world’s transport sector by 0.5% per year. However, even though that’s a massive sum of money, it’s still relatively moderate compared to the US$740 billion needed every year in global oil subsidies and maintaining status quo in the worldwide transport sector.
According to the Repowering Transport report, lack of financing for ‘green’ transportation is not because capital isn’t available. Instead, it’s because of the uncertainty prevalent in the regulatory environment and the challenges in risk assessment in this area. To deal with this, the report proposes a two-pronged policy approach to achieve energy diversification – establish and impose fuel taxes and carbon fees, and set progressively higher fuel efficiency performance standards.
While India hasn’t made any significant efforts to reduce its transportation sector’s dependence on oil, countries like China and Brazil have taken strong steps in this area. China has pledged a US$15 billion investment in electric vehicles, coupled with a tight-knit collaboration between government and private enterprise, aiming to put 5-10 million electric vehicles on the road by 2020. Brazil, on the other hand, has been promoting the use of biofuel, which today powers a fifth of the country’s entire transportation system. It’s time India also sat up and took notice of these initiatives. We need to figure out, as soon as possible, what steps we need to take in the short- to mid-term future.
‘The report finds that oil will continue to be the dominant fuel for transportation over the next 20 years but innovative partnerships among business, government, academia and civil society marks are accelerating technology development of alternative sources,’ says John Moavenzadeh, Head of Mobility Industries at the World Economic Forum. Countries like Canada, Sweden, the United Kingdom and the US have started work in a big way towards forging these partnerships and making them work. We, here in India, need to make sure we don’t get left behind.
The new Ford Fiesta, which will be launched in India later this year...
Ford Motor Company has recently announced that it will invest US$72 million towards expanding its powertrain facility in Chennai, to further support its sales and export growth plans in India. When the expansion programme is completed in mid-2012, Ford’s engine plant will have a production capacity of 330,000 units per year, up from the current 250,000 units capacity.
‘This investment reinforces the importance of our Chennai plant and Ford's continued expansion in India. This expansion will allow us to provide more technologically advanced and fuel-efficient engines to our customers in India and in markets around the world where we export Chennai-built vehicles,’ says Michael Boneham, President and MD, Ford India. ‘The new investment also further supports our plan to introduce eight new global Ford vehicles in India by 2015. When the expansion is finished, a third production shift will be added at the engine assembly plant, creating more than 300 new direct jobs,’ he adds.
The new investment is part of Ford India's transformation into a major global export and manufacturing hub – soon, 1.6-litre and 1.4-litre petrol and diesel engines, built at Ford’s Maraimalai Nagar facility near Chennai, will be exported from India. Incidentally, this engine manufacturing facility was inaugurated in January 2010 and production hit the 100,000 units figure in March this year, just 14 months after operations commenced at this plant.
The Maraimalai Nagar plant is the first Ford facility in the world that features a single flexible production line where both petrol and diesel engines can be manufactured. The plant currently produces five ‘Duratec’ petrol engine variants and one ‘Duratorq’ diesel engine variant for Ford vehicles, and is also gearing up to produce powertrains for the all-new Fiesta sedan which will be launched in India later this year.
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Mini cars for sale - There are so many MINI vehicles to choose from. Mini Georgian allows you to explore MINI Georgian’s new MINI cars for sale. As you narrow down your choices, schedule a test drive at our Barrie location with one of our knowledgeable sales consultants. Mail us now at info@MINIgeorgian.ca.
Buying Used Cars - Purchasing a car is a big deal. Used cars cost significantly less than new vehicles. Buying a used car and buying a new car both offer a variety of pros and cons. To help our guests make the right decision for them, PerformanceCars is laying out the benefits of both.
where to sell junk cars - We are one of the world's leading junk, used, damaged and wrecked car buyers and privately owned for 20 years.
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