Morning Daily - 2021-03-16

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ETAuto Newsletter | Tuesday, March 16, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle
Top Stories
• MoRTH online scheme for quick permit of tourist vehicles
• Lamborghini eyes to double its sales in next three to four years
• Automakers embrace electric vehicles. But what about buyers?
• Hardeep Singh Brar to head sales and marketing of Kia Motors India
• Volkswagen plans six battery factories to ramp up electrics
• Booking for Honda CB500X, priced at INR 6.87 lakh begins
• Anand Mahindra calls for emergency vaccination of all in Maharashtra to prevent economic impact of lockdowns
• Tesla gives Elon Musk a new official title
• GM builds pickups without certain modules due to global chip shortage
• First Ola Electric vehicle will be launched in June once factory is ready: Bhavish Aggarwal
• Ford is latest global carmaker to struggle in India Ft.com
• IIT (BHU) prof develops prototype for easy, safe use of hydrogen fuel
• Billions poured into electric-vehicle companies, but much more will be needed before the auto industry changes MarketWatch
• Thailand to set 50% EV production target by 2030 Just-auto.com
• Bollinger Motors debuts 2022 electric work trucks The Detroit News
• 5 Ways To Handle An Employment Gap On Your Resume Forbes
• Dear Managers: Here's How To Get Your Team To Do Their Best Work Forbes
Passenger Vehicle
• BMW's Mini brand will go all-electric by the end of this decade
• Volkswagen to switch EV battery type, leaving supply deals in doubt - Sources
• Kia unveils its 1st all electric car EV6, arriving this month
Auto Components
• Samsung to develop autonomous driving chip for Google's Waymo: Media
• Baidu's AI chip unit Kunlun completes new funding, at $2 billion valuation: Source
• China Jan-Feb aluminium output rises on new capacity increase
• Battery maker Northvolt signs $14 billion order from Volkswagen
• China's Geely to add $5 billion battery plant in EV push
• Craftsman Automation IPO kicks off: Should you subscribe?
• Consequences of increasing tariff on electronic components
• UNO Minda plans to set up office in Thailand; rejigs biz into 4 domains
Industry
• RBI sticks to its stand on cryptocurrencies, wants them banned
• Exim Bank sees exports growing 4.9% in Q4
• Welspun One raises Rs 300 cr to fund logistics parks
• Tesla names Musk 'Technoking' in cryptic regulatory filing
• CarDekho launches advanced GPS vehicle tracking system
• 31% jump in vehicle density, 24% in vehicle numbers in 5 years
• India beats Russia to no.4 spot on forex kitty rankings
• Deepak Shenoy betting on Hitachi, Power Grid to play EV theme
• Delhi: As e-drive goes full throttle, a park to prevent green mission from going waste
• Assam an important market for our electric three wheelers, plan to make it a production base in future:Akihiro Ueda, CEO, Terra Motors
• Exports up 0.67% in February; trade deficit widens to $12.62 billion
• China Evergrande's EV firm partners Tencent unit to develop smart vehicle OS
Oil & Lubes
• Oil on the boil: Can crude prices sustain at higher levels?
• Petrol, diesel prices unchanged though crude rate remains firm
• No proposal to bring petrol, diesel, ATF, gas under GST: FM Sitharaman
• U.S. becomes India's second biggest oil supplier, Saudi plunges to No. 4 - trade
• Crude oil price floats near $70 amid supply cuts, optimism on demand recovery
• Crude oil slips, retreats from gains notched on strong Chinese data
 
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