Morning Daily - 2021-02-27

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ETAuto Newsletter | Saturday, February 27, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Industry | Tyres | Oil & Lubes | Commercial Vehicle
Top Stories
• Jaguar Land Rover will shed a quarter of its production capacity
• Hyundai's $900 million recall shows how costly EVs can be
• If we want to Make in India, we must be competitive on the global stage, says R C Bhargava, Chairman, Maruti Suzuki India
• Indian economy out of technical recession; Q3 GDP expands 0.4%
• Phase 1 of Ola e-scooter project to go on stream in a few months
• Gadkari slams 'some' non-performers, lauds 'most' for their good work
• Schwing Stetter India guns for double-digit growth in 2021 HBL
• Sterling and Wilson forms JV with Enel X to foray into electric mobility segment in India
• M&M sells stake in MFCS to TVS Automobile Solutions
• Volkswagen weathers pandemic with $10.7 billion profit
• Maruti Suzuki, IIM Bangalore shortlist 26 mobility startups for incubation
• MG Motor, Tata Power opens superfast EV charging station in Chennai
• Oliver Hoffman to lead Audi's technical development to e-mobility
• Analysis: Hyundai bought chips when rivals didn't; its assembly lines are still rolling
• Hindustan Motors plans to divest manufacturing units in West Bengal and Madhya Pradesh
• Petroleum prices will come down as winter ends: Dharmendra Pradhan
• The future of car navigation has arrived
• Eight core industries' output up 0.1% in Jan
• Big task in e-push: How to manage battery waste
• Aurora Buys Chip Startup To Cut Laser Lidar Costs For Robot Cars And Trucks Forbes
• Elon Musk says US factory closed for two days due to parts shortages
• China's Huawei, reeling from U.S. sanctions, plans foray into EVs: Sources
• Toyota develops fuel cell system to cut carbon footprint
• China guides its self-driving startups into the fast lane Nikkei Asia
• How To Talk To Your Boss About Burnout Forbes
• Post-Pandemic Productivity: 3 Ways To Minimize Distractions And Create The Future Of Work Forbes
Passenger Vehicle
• EESL bullish on Delhi govt's electric vehicles plan
• Fisker mulls battery cell manufacturing in Europe, U.S with major supplier
• A-Class Limousine launch on March 25, Mercedes-Benz lines up 7 AMGs for 2021
Two Wheelers
• BMW R nineT series launched in India, starts at Rs 16.75 lakh
• Hero MotoCorp adventure bike XPulse 200 crosses 10k sales mark in Kerala
• Ampere announces customer education initiative
Policy
• Need to increase credit flow to businesses as economy grows: Modi
Auto Components
• How idled car factories super-charged a push for U.S. chip subsidies
• Eight U.S. auto state governors urge Biden to press semiconductor firms on chip shortage
• Bauxite ASP needs correction for Indian Al to be competitive
• Sogefi appoints new CEO, virus weighs on 2020 results
• Freeport eyes U.S. expansions as Biden's EV plan boosts copper demand
• Nissan says makes breakthrough with engine in reducing CO2 emissions
Industry
• India's April-Jan fiscal deficit hits 66.8% of full-year target
• Growth in December quarter shows economy returned to pre-pandemic times: Finance Ministry
• SC refuses to entertain plea challenging decision to make FASTag mandatory
• Rupee recovers 21 paise against US dollar
• OPINION: Prepping our buildings today for an EV-ready future
• World trade bounces back to pre-coronavirus levels
• NHAI chief pitches for internal mechanism by consulting engineers to come out with quality projects
• NHAI daily toll collection through FASTag reaches record Rs 104 cr
• Automotive Skill Development Council ties up with Magic Billion
• UK car sector seeks government support as output tumbles
• Air Liquide to develop hydrogen mobility markets in Japan with Itochu
• Soaring demand accelerates growth and risks for EV battery makers: Moody's
• Stellantis holds 'productive' talks on UK car plant future
Oil & Lubes
• Fuel price on record high, ways to optimize savings
• Fuel price hike on hold for 3rd consecutive day
Commercial Vehicle
• Nikola acknowledges some claims were inaccurate
• Nikola's internal review finds inaccuracy in some statements by Milton
• Driverless bus hits streets of Malaga in southern Spain
• Daimler picks banks to help with listing of trucks unit: sources
Aftermarket
• Amazon Pay to install safety screens in 40K Uber autos
• Auto iCare raises Rs 2 crore seed funding from consortium of angel investors
 
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