Indian automobile production increased at a CAGR of 12.2% over FY05-FY13, with a decline in Commercial Vehicle (CV) growth rate during FY09 and FY13. Globally, automotive industry suffered a decline in FY09 due to the global financial crisis and again on a decline in FY12 due to the European sovereign debt crisis. Apart from the global events, there are various internal risks the Indian OEMs need to consider: 1) regulatory risk due to excise duty hikes, decontrol of fuel pricing, etc., 2) market risks due to currency, inflation, interest rates, material cost, 3) industry risks due to increased competition, price war, etc. In this scenario, Indian Original Equipment Manufacturers (OEMs) need to constantly recalibrate their strategies to the changing market dynamics and associated risks.A research on megatrends affecting the Indian CV industry has identified more focus on Total Cost of Ownership (TCO) as one of the megatrend. The Indian CV OEMs need to focus on TCO, if they have to stay ahead of competition. Customer spends more money on his business today, because of increased material costs, increased fuel prices, increased insurance premium, fuel pilferage, vehicle downtime, long waiting period in tolls, etc. This paper puts forward a case on adoption of connected vehicles by exploring opportunities for reducing TCO. Connected vehicles are about vehicle-to-vehicle (V2V) communication, vehicle-to-infrastructure (V2I) communication and also communication to other devices. In this paper, TCO is broken down to different components, according to the vehicle life cycle. Each of the TCO components is analyzed and suitable connected vehicle applications are recommended against each of the component. The opportunities and challenges in adopting the connected vehicle technology in India are also being discussed.


    Zugriff

    Zugriff prüfen

    Verfügbarkeit in meiner Bibliothek prüfen

    Bestellung bei Subito €


    Exportieren, teilen und zitieren



    Titel :

    A Case for Connected Vehicles in reducing Total Cost of Ownership in Indian CV Industry


    Weitere Titelangaben:

    Sae Technical Papers


    Beteiligte:

    Kongress:

    SAE 2015 World Congress & Exhibition ; 2015



    Erscheinungsdatum :

    14.04.2015




    Medientyp :

    Aufsatz (Konferenz)


    Format :

    Print


    Sprache :

    Englisch




    A Case for Connected Vehicles in reducing Total Cost of Ownership in Indian CV Industry

    Loganathan, Yaamini Devi | British Library Conference Proceedings | 2015


    Total Cost of Ownership for Automated and Electric Drive Vehicles

    Mitropoulos, Lambros / Kouretas, Konstantinos / Kepaptsoglou, Konstantinos et al. | TIBKAT | 2021


    How expensive are electric vehicles? A total cost of ownership analysis

    Lebeau, Kenneth / Lebeau, Philippe / Macharis, Cathy et al. | IEEE | 2013


    Electric versus conventional vehicles for logistics: A total cost of ownership

    Macharis, Cathy / Lebeau, Philippe / Van Mierlo, Joeri et al. | IEEE | 2013


    Total Cost of Ownership (TOC)

    Valerdi, Ricardo / Ryan, Thomas R. Jr. | Wiley | 2016