Gearing Up For Global Presence

Gearing Up For Global Presence

It all started in early 2019 for TVS Srichakra to expand and concrete its position on the international turf. The tyre company opened its research and development facility in Milan, Italy in early 2019, and then in August, TVS Tyre rebranded to TVS Eurogrip with the introduction of 19 premium tyres. Since then, the company has been aggressive in enhancing its R&D and testing capabilities and market presence globally. According to V Sivaramakrishnan, CTO, TVS Srichakra, the new brand and new product launches such as zero-degree steel-belted radials, new product lines in tubeless bias have appealed to the trade and its customers alike with increasing traction in the market.

However, TVS Srichakra’s new product launch plans did get impacted due to Covid. As the industry started seeing a revival in demand, in March 2021, TVS Eurogrip launched 11 new products which cater to a wide range, from commute to high-performance bikes as well as electric three-wheelers. This year, the Indian two-wheeler major plans to introduce more products designed and developed in the company’s R&D centre in Milan, Italy for the Indian market. More than two dozen products are in the pipeline for future catering to ‘untapped opportunities’. The company will also start its business in APAC and MEA. “Our Milan R&D centre plays a vital role in defining product target performances, product concept design, technical features and organisation of testing sessions that are held on European roads and racetracks. The Milan team and our R&D centre in Madurai work closely in defining the product specifications and technical aspects while creating new products,” said Sivaramakrishnan.

“Establishing our direct presence in developed and growing markets is an important step for us towards building Eurogrip as a strong global brand. It goes hand in hand with the research studies we’ve been conducting on new technologies, which will benefit all markets, including India. With our expertise as a manufacturer of two-wheeler tyres for over three decades, we are confident of making a mark in developed markets, and we look forward to the future growth potential,” added Sivaramakrishnan.

Its recent offering – e-Conta and e-Durapro – for e-rickshaws, according to the company, has garnered a positive response. TVS is planning to introduce a set of new tyre patterns and sizes specially designed to cater to electric two-wheelers in the coming months.

“The company focuses on its research and development efforts in continuously improving the bike and scooter performance for India and global markets. We have developed a range of high-performance radial tyres suitable for the Indian market. TVS Srichakra  is the only company in India to have the entire range of radial technology such as textile cross belted, zero degree textile and zero degree steel,” said Sivaramakrishnan. 

TVS Eurogrip is also developing a range of high performance zero degree steel- belted radial tyres  for Europe and other markets.

Bounce Back With Changes In Trends

Covid has changed the dynamics of the two-wheeler industry. After a setback last year, the motorcycle industry is bouncing back, and a complete recovery is expected in the next three years.

In the luxury travel markets, the company sees an average gradual decrease of displacement and an increase of scooter and street models. In contrast, in the utility markets, there is a gradual increase in displacement and increased models variety and segmentation.

According to the company, the utility vehicle-driven market is growing in the fast-growing economies. It is predominant by personal two-wheelers, consisting mainly of scooters, mopeds and motorcycles with low average displacement and higher average mileage for commuting purposes, whereas in luxury vehicle markets, personal two-wheelers are used for commuting and leisure purposes and as a status symbol.

“Compared to the Indian bike market, bikes in the leisure market such as the US are used mainly for free time purposes by riders with a much higher and ever-increasing average age. As a result, the leisure markets have seen reduced usage and a lower propensity to buy a replacement bike. To tackle this, bike makers are focusing on less represented groups – young people and female riders. An increasing number of manufacturers have recently released various models in 200 to 450 cc range and electric mobility. Compared to the traditional 600 to 1200 cc  markets , these midsize motorcycles are lighter, less expensive, easier to ride and on par with their bigger brothers in terms of quality, style and tech equipment. While more and more manufacturers develop and release these models for leisure markets, we expect that their availability will also reach India and other Asian markets,” said a TVS Eurogrip official.

Push For Electric Mobility

Though slower compared to the e-passenger car industry, the electric two-wheeler industry is gaining traction worldwide. Banning ICE-driven two-wheelers in coming decades, stricter regulations on pollution and improving technologies like longer battery duration and charging infrastructure will further fuel demand for electric mobility in two-wheelers.

“To get behind this moment, an increasing number of motorcycles and scooters are being launched to satisfy customers’ expectations. Alongside, traditional manufacturers are enlarging the capability to include electric vehicles. Many new players are emerging with an exclusive focus on the segment,” added the official.

Eurogrip Product Development for Global Market

To boost its international growth, TVS Srichakra is launching several new products aimed to fit vehicles and riders worldwide. In 2021, the company has launched Bee Connect and Bee City. In 2022, the company will launch the Climber XC for the off-road segment, which will target Motocross and Enduro vehicles. The company will also launch the Road Hound. These tyres will be for the sport-touring segment, which will target naked, sports and tourers. It will also launch the BEE Sports for the sport commuting segment to cover scooters and underbones. Going forward, it will target super sports, medium & big trail and cruiser & heavy tourers.

Testing Capabilities

Today, the company has test tracks in Madurai for testing handling performance and grip in wet and dry conditions on various surfaces such as asphalt, concrete etc. with different friction coefficients. It has its own indoor durability laboratory for tyres, which is capable of testing tyres up to speeds of 300 kmph, and indoor tyre characteristics laboratory, which is capable of accurately measuring tyre rolling resistance, 3-axis stiffness, tyre force and moment characteristics, footprint pressure distribution etc.

“Finite Element Methods (FEM) and Multi-Body Dynamics (MBD) are two focus areas for us, where we use internally developed methods to predict the performance of the tyre on a standalone basis using FEM and simulate driveability performance using MBD. With such simulation tools, we can get the right tread pattern, tyre construction and compound combination to deliver precision performance,” said the company CTO.

The company’s research and development activities are focused on reducing the impact on the environment and maximising performance for end customers. “We continuously explore and adopt technologies which enable us to use recycled material, biodegradable material and reduce energy consumption in tyre production. We have many patents filed in this area,” added Sivaramakrishnan. (TT)

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    Vredestein Becomes Official Sleeve Sponsor For AS Monaco Football Club

    Vredestein Becomes Official Sleeve Sponsor For AS Monaco Football Club

    Apollo Tyres Ltd has secured a one-season shirt-sleeve sponsorship agreement with AS Monaco, one of French football's most successful clubs, to increase awareness for its premium Vredestein brand.

    This partnership will leverage Ligue 1's ranking as the fifth most watched football league in the world to raise awareness of Vredestein's award-winning products among a large audience in France and abroad. On November 22, AS Monaco's home league game against Brest will have the new sleeve branding for the first time. The Vredestein brand will be heavily promoted at Stade Louis-II for the 2024–2025 season, including on player sleeves and LED screens around the field. Exclusive social media initiatives will further help make the brand prominent, reaching a large and interested audience.

    Yves Pouliquen, Vice President – Commercial, Europe, Apollo Tyres, said, “This partnership is an exciting opportunity to strengthen Vredestein’s presence in one of our key markets. AS Monaco’s rich history and commitment to excellence mirror our focus on performance and innovation. We look forward to building a successful relationship with the club and celebrating its achievements this season.”

    Thibaut Chatelard, Marketing and Revenue Director, AS Monaco, said: “We are delighted to welcome Apollo Tyres and its Vredestein brand to the family of AS Monaco partners. This collaboration makes sense in view of the values we share, such as the constant pursuit of performance and excellence. There’s no doubt that this new support will be precious for the rest of our season, which promises to be thrilling.”

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      Nexen Tire Launches N´Blue S Summer Tyre

      Nexen Tire Launches N´Blue S Summer Tyre

      Nexen Tire, a leading global tyre manufacturer, has launched the Nexen N´Blue S tyre, adding to its range of summer tyres and providing drivers with advanced safety, energy efficiency and superior driving stability in wet and dry conditions.

      Developed using highly dispersed silica and equipped with an optimised structural design, the Nexen N´Blue S tyre provides reduced road noise and improved driving stability. The tyre features an innovative tread compound, formulated with hydrophilic fillers and microstructure-controlled polymers, and provides lower rolling resistance and exceptional dry and wet grip. The tyre also excelled in test results by demonstrating an 11 percent improvement in wet braking distance compared to its predecessor.

      Apart from providing excellent performance, the Nexen  N´Blue S also scores high on the sustainability index. The tyre provides an eco-friendly solution for environmentally conscious drivers by minimising fuel consumption and CO2 emissions. The Nexen N´Blue S summer tyre is available in 58 sizes, which makes it compatible with different types of vehicles.

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        Kumho Tire Vietnam To Expand Investment Project In Binh Duong Province

        Kumho Tire Vietnam To Expand Investment Project In Binh Duong Province

        Kumho Tire Vietnam Co., Ltd. is all set to expand its investment project in Binh Duong province of Vietnam, with the phase 3 of expansion commencing in early 2025. This was discussed at a recent meeting between Vo Van Minh, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee (PPC), and Kim Hyun Ho, General Director of Kumho Tire Vietnam Co., Ltd.

        The meeting was held on 13 November at the Administrative Centre of Binh Duong province, as per an official statement. Apart from the company’s investment till date and the planned investment for phase 3, the two also discussed about the challenges and obstacles regarding procedures and processes to have more land funds to expand the manufacturing plant, along with taking measures to tackle the obstacles. Kim Hyun Ho also conveyed to the PPC Chairman that Kumho Tire Vietnam Co., Ltd. belongs to South Korea's Kumho Tire Group and is currently ranked 10th in the car tyre manufacturing industry.

        The company had invested in a tyre manufacturing plant in My Phuoc 3 Industrial Park in 2007 with a total initial investment of USD 308 million, which was supplemented by another USD 300 million in 2021. This extended the factory scale to six hectares and increased the production capacity to 12.5 million tyres annually. With the expansion in early 2025, the company will raise its total investment to USD 908 million and increase the factory's production capacity to 17 million tyres annually. The expanded capacity is expected to be operational by early 2026.

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          Yokohama-ATG Expands Galaxy MFS 101 SDS Range With White, Non-Marking Forklift Tyres

          Yokohama-ATG Expands Galaxy MFS 101 SDS Range With White, Non-Marking Forklift Tyres

          Yokohama-ATG, a leading manufacturer of all-terrain and off-the-road tyres, has expanded its Galaxy MFS 101 SDS range of forklift tyres with the launch of white, non-marking tyres.

          The Galaxy MFS 101 SDS range consists of puncture-proof SDS tyres with extended wear limits designed for high-intensity working shifts and long durability. These are premium, solid rubber tyres developed for tough demands, a long service life and high driving comfort. The addition of white, non-marking tyres is specifically aimed at clean working environments.

          Marked by a 3-stage construction process, the forklift tyres feature reduced heat build-up, effective shock absorption and minimised vibrations. The pattern design guarantees a smooth ride and good steerability thanks to its continuous centre lug and circumferential grooves. Furthermore, the flat walls and wide flat profile offer excellent stability when using a forklift for vertical stacking. The tyres are also equipped with anti-slip steel beads for improved rim fitment

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