Welcome to the CNBC-TV18 OVERDRIVE Awards 2018. Each year our awards recognise achievement in multiple categories across the automotive galaxy. In every case, we are looking for vehicles, organisations and people who stand head and shoulders above their peers. These are the stars of our show, the winner of the CNBC-TV18 OVERDRIVE Awards 2018. Here are the LIVE updates from the event where the best in their respective categories will be rewarded for their class leading performances.
See all the award winners below.
Feb 05, 08:39 PM (IST)
The Winner of the HP NeoSynth - CAR OF THE YEAR is the Hyundai Verna!
There will be an incremental increase in the overall percentage of Electric Vehicles by 2030, it will not change overnight - Dharmendra Pradhan - Union Minister for Petroleum and Natural Gas
Feb 05, 07:50 PM (IST)
The scrappage Policy will need approval from Center and State governments to move forward - Nitin Gadkari - Union Minister for Road Transport & Highways
Feb 05, 07:45 PM (IST)
It is a commitment from us that by April 1st 2020, BS-VI engines and vehicles will be ready - Shekar Viswanathan - Vice Chairman & Director, Toyota Kirloskar Motor
Feb 05, 07:44 PM (IST)
Cost of Solar is highly dependent on Volume and the unit cost has dropped drastically. As well as the GST on Electric vehicles is very attractive. - Nitin Gadkari - Union Minister for Road Transport & Highways
Feb 05, 07:39 PM (IST)
If we try to establish independence from Coal and Oil, aren't we just establishing dependence on rare earth materials, 80% of which lie in China?
- Roland Folger - MD & CEO Mercedes Benz India
Feb 05, 07:35 PM (IST)
Electric is so attractive, we have two companies ready to launch their electric vehicles. But we are coal surplus, we need to reduce the amount of imports, 30% of coal is indigenous. - Nitin Gadkari - Union Minister for Road Transport & Highways
Feb 05, 07:26 PM (IST)
BS-VI engines will be able to run on BS-IV fuels. There will be no confusion on supply of oil. By 1st April 2018 we will be able to supply BS-VI fuel to 380 pumps in the capital - Dharmendra Pradhan - Minister for Petroleum and Natural Gas
Feb 05, 07:20 PM (IST)
Nitin Gadkari - Union Minister for Road Transport & Highways , shares his thoughts on problems of achieving the 2030 deadline of 40% of all vehicles being electric.
Feb 05, 07:18 PM (IST)
Closing Points on the Electric Vehicle Panel Discussion
Gul Panag - The Electric engines are far more efficient by IC engines
Arun Malhotra - Corporate Advisor to Nissan India - IC engines will not die out, but they will start dropping. With government is
Mahesh Babu - CEO Mahindra Electric - IC engines will start, but they will no long be exciting!
Roland Folger - MD & CEO Mercedes Benz India - Short to mid term, i definitely see IC engines stay until cleaner forms of Energy are found
Shekar Viswanathan - Vice Chairman & Director, Toyota Kirloskar Motor - I do think IC engines will continue for some more time
Feb 05, 07:12 PM (IST)
Hybrid is a misunderstood term. It varies across performance, efficiency and range. - Mahesh Babu - CEO Mahindra Electric
Feb 05, 07:05 PM (IST)
We're setting targets nobody thinks we can do. Which is courageous and needs applause, but i'm not sure we have all the facts on the table, because electricity is coming from power plants powered by coal and oil. We need to address clean energy used for these electric cars - Roland Folger - MD & CEO Mercedes Benz India
Feb 05, 07:00 PM (IST)
Ronojoy Banerjee starts the panel on the future of electric vehicles in India with
Arun Malhotra - Corporate Advisor to Nissan India
Mahesh Babu - CEO Mahindra Electric
Roland Folger - MD & CEO Mercedes Benz India
Shekar Viswanathan - Vice Chairman & Director, Toyota Kirloskar Motor
Feb 05, 06:49 PM (IST)
Shereen Bhan takes the stage to discuss the disruption electric vehicles will cause in the Indian Automotive Market. Are we ready for 40 per cent of all vehicles sold in India to be electric by 2030?
Feb 05, 06:45 PM (IST)
It begins!! Our hosts Sohini Dutt and Soliha Bajaj take the stage at the 18th Overdrive Awards!
Feb 05, 06:19 PM (IST)
We're about to start the 18th CNBC- TV18 Overdrive Awards! Are you ready to get electrified?
Feb 05, 06:17 PM (IST)
Here's what in store for today! An engaging session with some of the top industry representatives on ‘Electric Vehicles'
Feb 05, 06:12 PM (IST)
Which Honda will be Scooter Of The Year? Here are the nominations for the Scooter of the Year title-
Feb 05, 06:08 PM (IST)
Here's a look at the Motorcycle of the Year nominees!
Feb 05, 06:05 PM (IST)
Which of these “carismatic” wheels of 2017 will win the Car of the Year title? Take a look at the nominees