Tag Archives: producer

Is Bajaj Already Working On A New Triumph 400cc Model?

As a significant producer of a number of sorts of autos for its residence market in India in addition to for export elsewhere, Bajaj Auto has its fingers in a lot of pies. One regularly attention-grabbing factor in regards to the firm is not simply the autos it produces; it is that its managing director, Rajiv Bajaj, tends to be extraordinarily candid about its plans for the rapid future in interviews. 

In reality, he reveals as much as speak to CNBC-TV18 regularly, the place he hardly ever fails to drop alternative nuggets of perception into what Bajaj plans to do within the coming months. His most up-to-date look on the channel alone spawned speak of Bajaj’s plans for its first-ever compressed pure fuel (CNG) motorbike quickly.

For nearly anybody else, that sort of information could be greater than sufficient to seed into the worldwide motorbike ecosphere. But for Bajaj, although, it clearly is not. Shortly after dropping that CNG bike information, the MD talked about how the Triumph challenge goes.

So far, he says, they’re efficiently producing 20,000 of the present Triumph 400s (that is the Speed 400 and the Scrambler 400 X, for those who’re protecting monitor at residence) per quarter. With a little bit additional effort, he estimates that the manufacturing facility can realistically up manufacturing to 30,000 per quarter to maintain up with the strong demand for those Triumphs.

How quickly does he see manufacturing facility growth to accommodate elevated manufacturing taking place? Theoretically by July 2024, if all goes in accordance with plan. Of course, there are a couple of months between at times, and even the best-intentioned plans can typically go awry. So, we’ll see what occurs and when it occurs.

But if all does go effectively, the MD says that Bajaj must be good to provide 10,000 Triumphs monthly come September, simply in time for the festive season in India. These bikes will likely be made for each the home and worldwide markets. But is one other coming?

When requested straight whether or not Bajaj at the moment has plans to construct any bikes for Triumph with bigger displacements than the present 400cc vary, Rajiv Bajaj flatly mentioned that no, Bajaj will likely be staying within the 400cc phase for now. However, he did add that Bajaj will likely be constructing semi-knocked down (SKD) and full knocked down (CKD) variations of the bikes for meeting in different factories.

While the MD says that there are at the moment no plans for Bajaj to construct any larger-displacement machines in its partnership with Triumph, he did additionally say that the corporate plans to make no less than one further 400cc bike yearly for Triumph for no less than the following three years.

Here’s what Rajiv Bajaj mentioned, and we’ll quote verbatim right here:

“I stand by the statement that you refer to that every year there should be at least one, not just one, new distinct new Triumph motorcycle centered around the 400 cc displacement engine. And for sure it will be there. We expect a new motorcycle this year. And indeed for the next three years at least, there are several products in development right now.”

The partnership took a while to provide its first fruits, however as soon as it did, it appears to have hit the bottom working. Demand for the primary two bikes within the vary, the Triumph Speed 400 and Scrambler 400 X, has been excessive in India.

International curiosity has additionally been excessive, with plenty of constructive feedback on the spectacular degree of match, end, and componentry seen on these bikes as in comparison with a whole lot of different machines on this class. While RideApart hasn’t ridden one but, I did have the possibility to examine these bikes out in particular person, and the feel and appear (no less than, preliminarily) is what you’d count on from Triumph.

 

Can we count on to see a Daytona 400, or a Tiger 400, or a Bonneville 400? It’s not but clear which of those, if any, we would see first. What we are able to say is that, given what we have seen thus far, it most actually seems that Triumph needs to stay to creating smaller-displacement variants on current mannequin households which are already inside its present vary. 

In any case, Mr. Bajaj did not give any additional particulars in regards to the upcoming Triumph 400s, however we’ll make sure you report on them as soon as extra info is offered.

3 Tool Brands You Probably Forgot About

Western Forge, the once-largest producer of screwdrivers in the United States, closed down in 2020. For a long time, their tools were available at Sears. However, in 2017, Western Forge and Sears ended their partnership, leading to a legal dispute. When Western Forge laid off all its employees in 2020, Ideal Industries, the parent company, stated that the termination of the Sears contract was a significant factor.

With over 54 years in the industry, it’s likely that you own some of their tools, particularly screwdrivers, with the “WF” letters on the handle. Even though the company is no longer in operation, your tools won’t become useless overnight. However, finding repairs or replacements might be challenging as you may have to switch to a different brand. Nevertheless, your screwdrivers should still be functional for a considerable period, so there’s no immediate need to worry.

New European battery materials player IONWAY locates first production plant in Nysa, Poland

The newly-founded Brussels-based European EV battery materials producer IONWAY has decided to build its first CAM production plant in Nysa, Poland, next to Umicore’s existing CAM plant. With the support of Volkswagen Group-owned PowerCo SE and Umicore, the joint venture plans to increase its annual production capacity to 160 GWh by the end of the decade, which is equivalent to 2.2 million battery-electric vehicles. This move by IONWAY will contribute to the European Union’s Green Deal goals by promoting the establishment of regional, sustainable, and transparent battery value chains.

“We are excited with today’s announcement, as it marks the operational first step of IONWAY and an important step in the expansion of Umicore’s European local-for-local integrated battery materials value chain,” said Mathias Miedreich, CEO of Umicore.

Jörg Teichmann, Chief Purchasing Officer of PowerCo, stated, “IONWAY gives both PowerCo and Umicore a significant first-mover advantage in the fast-growing e-mobility market in Europe. PowerCo has now co-created what it was looking for: a battery materials supplier to secure and build-up manufacturing capacity for reliable and cost-competitive precursor and cathode material production based on responsibly sourced raw materials.”

The investment in Nysa has received strong support from the Polish government, which is expected to create approximately 900 industry jobs in the area by the end of the decade. IONWAY will receive €350 million in cash grants under the Temporary Crisis and Transition Framework (TCTF) from the Polish government, with a total investment of up to €1.7 billion (€1.35 billion after grants). The TCTF aims to provide support for sectors crucial to the transition to a net-zero economy, in line with the Green Deal Industrial Plan.

“We are thankful for the Polish government’s support in IONWAY’s choice for Nysa. The strategic location of the joint venture’s battery materials plant in Poland, right next to Umicore’s own battery materials plant, which is still unique in Europe, will further enable the transition to electric driving that is truly sustainable,” added Mathias Miedreich, CEO of Umicore.

The preparation of the site, engineering, and permitting processes are currently underway, with construction scheduled to begin once the permitting is completed. The plant’s production is expected to start soon after the construction is finished, ensuring PowerCo’s CAM demand for the Salzgitter cell gigafactory is met by the existing production capacity of Umicore in Nysa by 2025.

The choice of Nysa and Poland for the plant is based on their strategic location with access to renewable energy sources, a skilled workforce, and the support from the Polish government. Additionally, the production facility will benefit from Umicore’s CAM knowledge in Nysa and easy access to raw materials from Umicore’s refining operations in Finland.

“Today’s launch of IONWAY signals PowerCo’s and Umicore’s commitment to sustainable progress that makes electric cars affordable for everybody, starting now,” said Thomas Jansseune, CEO of IONWAY.

IONWAY will produce tailored high-performance CAM and related precursor materials (pCAM), supplying them to PowerCo’s European battery cell gigafactories. The selection of the site for IONWAY’s pCAM plant is ongoing and will be announced at a later date.

pCAM and CAM are crucial components of rechargeable batteries, and their performance plays a key role in the powertrain transition to e-mobility. Producing ultra-pure CAM is particularly critical, as it is the most valuable component of the battery.

Press Release: PowerCo and Umicore set up pre-eminent new European battery materials player

Umicore and Volkswagen Group-backed battery company PowerCo have announced the name and branding of their joint venture for large-scale industrial production of CAM and pCAM in Europe. The joint venture, headquartered in Brussels and named IONWAY, aims to increase its annual production capacity to 160 GWh by the end of the decade, enabling the production of 2.2 million battery-electric vehicles.

About Ionway
Please refer to the website of the new company: www.ionway.com.

About PowerCo
PowerCo is a Volkswagen Group company that manages global battery activities. It oversees international factory operations, the development of cell technology, and the integration of the value chain. PowerCo plans to establish cell factories with a total capacity of 240 GWh/year by 2030.

About Umicore
Umicore is a leading circular materials technology group that focuses on areas where its expertise in materials science, chemistry, and metallurgy can make a difference. It operates in three business groups: Catalysis, Energy & Surface Technologies, and Recycling. Umicore generates the majority of its revenues from clean mobility materials and recycling, with the goal of sustainable value creation.