Auto Expo is one of the biggest Auto exhibition events that provides a single platform to showcase automotive vehicles. Along with just showcasing the vehicle, this platform also provides the opportunity to exhibit technologies, concepts and trends in the auto world.
In 2023, Auto Expo was organised from 13th to 18th January 2023. The event was organised at India Expo Mart in Greater Noida by the combined efforts of the Automotive Component Manufacturers Association (ACMA), CII, and the Society of Indian Automobile Manufacturers. The 16th edition of the Auto Expo came after a long wait of three years. More than 800 exhibitors from 15 countries came to showcase their products and technology.
The event received a tremendous footfall of 1,22,500 business delegates from over 65 countries. Visitors from all over India and the world came to see the exhibition. Automotive giants like Maruti Suzuki, Hyundai, Kia Motors, Tata Motors and many others also participated in the event.
Highlights of Auto Expo 2023
The highlight of the 16th Edition of Auto Expo 2023 was Electric Vehicles. All the EVs built huge attractions for customers in the event. Along with EVs, SUVs were the other hero of the event.
Some of the SUVs that were major attractions at events were the Maruti Jimny five-door, Tata Sierra, MG Hector, Tata Curvv Concept SUV, Maruti Fronx, Tata Harrier EV and many more.
Who All Launched Their New Variants?
Auto Expo is not just a great platform to showcase companies’ products but also provides an opportunity to launch the latest vehicles. Companies have a chance to promote the launch of their new vehicle and also market them in front of potential customers.
Many companies like Hyundai, Tata Motors and MG Motors unveiled their latest models. Here are some of the vehicles that were launched during the event:
- BYD Seal, a Luxury EV Sedan by the Chinese Automotive Brand BYD
- The Hinduja Group launched the first look of the Switch EiV 7 Electric Bus
- Maruti Suzuki unveiled its much-awaited five-seater SUV, Maruti Suzuki Jimny Off-roader
- Tata Motors revealed two of its EV models; Harrier EV and Sierra EV
Apart from this, Mahindra launched its new Thar variants, and BMW India announced its 3 Series Gran Limousine. Many other automotive companies launched and exhibited their new or existing vehicles in this grand Auto Expo.
The Future of the Automotive Industry
The future of the automotive industry looks quite promising in the long run due to two main trends: electrification and connectivity. The global market for Electric Vehicles is growing tremendously at a CAGR of 21.7%. By the year 2030, it is expected to grow from 8.1 million units to 39.21 million units. EVs are undoubtedly the future of driving and mobility.
The industry is looking for new ways to innovate. The integration of Internet of Things (IoT) Technologies in the industry is allowing manufacturers to implement advanced solutions that can transfer cars into near-artificial intelligence. IoT in Automotive means the integration of sensors, applications, cloud computing, gadgets, and other components into vehicles.
Some of the important trends in this industry are:
- By 2030, 30% of the cars on the road will be Electric Vehicles
- By 2040, there will be around 33 million autonomous vehicles (driverless vehicles) on the road.
- Vehicles will become more and more connected due to IoT and 5G.
- As per the reports, the number of hydrogen vehicles in service will exceed 1 million in 2027 at the global level
- The luxury car market is expected to record unexpected growth.
Frequently Asked Questions
1. What is Auto Expo?
Auto Expo is one of the biggest world’s premier auto shows. It provides a platform for automotive companies to showcase their vehicles.
2. Who organises Auto Expo?
Automotive Component Manufacturers Association (ACMA), CII, and the Society of Indian Automobile Manufacturers jointly organised Auto Expo 2023.
3. What is the time duration of the Auto Expo?
The 16th edition of the Auto Expo was organised between the 13th to 18th of January at India Expo Mart in Greater Noida.
4. Who participated in the Auto Expo 2023?
Around 800 automotive companies from over 15 countries took part in the Auto Expo 2023. Big names like Hyundai, Maruti Suzuki, Kia Motors and Tata Motors also participated in the event.
5. Whar is the purpose of organising Auto Expo?
Auto Expo highlights new technologies, sustainable & responsible manufacturing, R&D, and more of the automotive industry.