Morning Daily - 2021-02-24

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ETAuto Newsletter | Wednesday, February 24, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Industry | Tyres | Oil & Lubes | Commercial Vehicle
Top Stories
• Spurred by surging demand M&M scouts for site to set up new Swaraj Tractor plant
• Audio Interview: U.S. Trade Rules You Must Know in the Automotive Industry in 2021
• Hornbill launch to help Tata Motors achieve its passenger vehicle biz target
• Medium, heavy CV sales to rise as economic activity gathers speed
• Bajaj Auto launches the new Pulsar 180 at INR 1.07 lakh
• India's GDP may turn positive at 1.3% in December quarter: Report
• Continental buys stake in AI chip startup Recogni
• Piaggio Vehicles enters e-cargo three-wheeler segment with Ape E-Xtra FX launch
• Bharat Forge receives order worth Rs 178 crore from Indian Army
• Hyundai unveils first model based on own EV platform
• Delhi government launches campaign to encourage shift from private to electric vehicles
• New or used? Either way, price hikes squeeze US auto buyers
• Luxury EV maker Lucid Motors to go public in $11.75 billion blank-check merger
• How CDK Global is making sense of Big Data and passing along actionable insights to auto dealers CBT Automotive Network
• The Reasons Why Your Job Search Is So Tortuously Slow And Painful Forbes
• 11 Jobs That May Be Automated In The Next Decade Forbes
Passenger Vehicle
• SPACs and electric cars drive hype feedback loop
• Cherokee Nation asks Jeep to 'retire' name of SUV
• Stellantis to discuss fate of Vauxhall UK car plant: source
• Brokerages remain bullish on Tata Motors, raise targets to up to Rs 400
• Lucid Motors CEO aims to launch Tesla Model 3 rival in 2024 or 2025
Two Wheelers
• Earth Energy EV starts booking for three models
• BMW Motorrad launches new R18 Classic in India at INR 24 lakh
• Timothy Prentice joins TVS Motor as VP Design; to anchor EV line-up
Policy
• Gujarat govt clears Rs 6k-crore investments
Auto Components
• Govt starts probe to review continuation of anti-dumping duty on some steel items from China
• Schaeffler's new central laboratory in Bavaria to be ready by 2024
Industry
• NHAI to carry out periodic quality audit and independent inspection of projects
• UK-Japan trade deal settled nerves for Japanese firms: Honda exec
• RIL to focus on green energy
• U.S. manufacturers grapple with steel shortages, soaring prices
• Sibanye-Stillwater to invest in European lithium company Keliber
• Novice drivers talking on hand-held smartphones more likely to run red-lights: Study
• Oppo aims to offer fast charging technology to automobiles, public spaces companies
• NHAI scraps absorption of officers on deputation
• 50% of Karnataka govt vehicles to be electric: Deputy CM
• Gati-KWE to set up surface transhipment centre in Delhi
• Aon survey projects average pay hike of 7.7% in 2021
• India needs to get into cutting edge tech to boost exports: Kant
• IRC looks for alternatives to cement, steel in road construction to reduce cost
• China back as top India trade partner even as relations sour
• Only autos, taxis with rejigged meters can charge new fares
• Elon Musk loses $15 billion in a day after Bitcoin warning
• SMEs plan to expand business as economy revives: Survey
Oil & Lubes
• Fuel prices resurge after two-day break, petrol retails at Rs 90.93 in Delhi
• Crude oil settles mixed amid post-storm uncertainty
Commercial Vehicle
• Tamil Nadu to buy 12,000 buses including 2,000 electric
• Nikola announces hydrogen fuel cell-powered vehicle lineup
• Digital tools helping customers achieve 15% overall savings: Ashok Leyland
• Amazon adds Mahindra Treo Zor EVs to its delivery network in 7 cities
• NMC proposes handing over Aapli Bus service to MahaMetro
Aftermarket
• S.African Uber drivers join global push for worker rights -lawyers
• Diesel price hike and lack of customers pushing cab drivers to leave the wheel in Bengaluru
Auto Technology
• GTU students develop battery kit for motorbikes
• Hyundai Motor, Aptiv test autonomous vehicles in US
 
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