Morning Daily - 2021-01-12

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ETAuto Newsletter | Tuesday, January 12, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Industry | Tyres | Oil & Lubes | Commercial Vehicle
Top Stories
• The Automotive Industry is Becoming the Mobility Industry
• Indian car market may post record 30% growth in 2021 on low base
• Auto retail sales registers post double-digit growth in Dec for the first time in FY21
• Triton Electric brings N4 sedan to India at Rs 35 lakh; in talks with BEL for JV
• Detroit auto show to be replaced by outdoor event this year
• After 2/3 wheeler EV push, govt should shift focus on public transport: Kant
• Same bloodline, different DNA: how Hyundai, Kia compete with a unique identity, give each other space ET Prime
• Tata Motors owned JLR car sales take pandemic hit; sales strong in China
• Tesla's Model Y to emerge disruptor as China EV sales zoom in 2021
• Volkswagen Finance acquires majority stake in KUWY Technology to grow its new & used car business
• B-SUV demand remained high in December, Venue and Brezza top the list
• 20% ethanol blending in petrol can create economic activity of Rs 1 lakh crore: Petroleum Secretary
• Include natural gas under GST to push for gas-based economy: Industry
• Elon Musk debates how to give away world's biggest fortune
• GM product boss says EV development will cost less, hints at upcoming EVs Detroit Free Press
• Will Robots Eliminate Jobs? Not If History Is Our Guide. Forbes
• The Last Jobs Report For 2020 Shows Employment Falling By 140,000But There Is Good News On The Horizon Forbes
Two Wheelers
• eBikeGo ties up with SKS CleanTech for installation of solar-powered batteries
• Simple Energy to raise up to INR 75cr in series-A funding; scooter launch in May
Industry
• Ford to close Brazil manufacturing operations, take $4.1 bln in charges
• GM working with 'all the best startups' on next-gen EV battery tech -exec
• What led to 13% jump in Tata Motors shares today?
• Baidu, Geely join hands to establish intelligent EV company
• Fiscal deficit in a pandemic year: How big a concern is it?
• Chinese EV maker Nio may launch mass market vehicles under another marque
Oil & Lubes
• Oil falls on renewed lockdowns, stronger dollar
• Petrol, diesel prices remain unchanged across metros
• Indonesia eyes 6.3% non-oil and gas exports growth in 2021, $1 bln surplus -ministry
• Oil prices sapped by rising virus cases; anticipated drop in U.S. inventory stems losses
Auto Technology
• BMW announces next-gen iDrive at CES2021
• Aptiv unveils new self-driving platform with wireless upgrades
Auto Finance
• cKers Finance partners with OTO Capital for E2W leasing
• Bank hard-sell & cheaper loans drive auto financing
 
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