Morning Daily - 2021-03-17

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ETAuto Newsletter | Wednesday, March 17, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle
Top Stories
• Delhi to get 1000 e-buses by year-end: Kailash Gahlot
• ETAuto EV Conclave: Create demand and scale to enable domestic production of cells, batteries, say experts
• ETAuto EV Conclave: Carbon-based taxation will scale up EV ecosystem, trigger investments, says Vikram Kirloskar
• Auto cos to pay max Rs 1 crore penalty for mandated recall of 'faulty' vehicles
• Sona Comstar to invest INR 370 crore in new Manesar facility
• The E-Class get in a new pack with fresh gizmos from Mercedes-Benz
• Freight rates improve to pre-Covid levels in tow with higher demand, fuel prices
• Bharat Forge to undertake EV biz through wholly-owned unit
• Electrified Tata Motors set to roll small commercial e-vehicle
• Under-development Cabin air purification tech to inhibit viruses, bacteria by up to 97%: JLR
• Why the future of electric vehicles appears bright in India
• Apollo launches Apterra Cross tyres for compact SUV segment
• Audi S5 Sportback to launch on March 22
• High Yield In View: Automobiles And Semiconductors Seekingalpha.com
• Are You Looking For Jobs On The Right Websites? Maybe Not Forbes
• The New Rules Of Career Success And How To Make Yourself Indispensable In 2021 Forbes
Passenger Vehicle
• Honda temporarily cutting production at all U.S., Canada plants
• View: Indians will plug into electric vehiclesif these barriers are knocked down first
• Volkswagen is worth 200 billion euros, CEO Diess says
• Foxconn mulls making electric vehicles at Wisconsin plant
• Kia showcases EV6, sets out for electric challenge
• If Tesla is the Apple of electric vehicles, Volkswagen is betting it can be Samsung
• Bentley launches new version of Bentayga SUV at Rs 4.10 cr
• VW vows to dominate e-car market by 2025
• Al new Creta crosses 1.2 lakh cumulative sales mark in one year of launch
• Citing tailwind, Volkswagen targets profit recovery
• U.S. safety agency probes 'violent' Tesla crash in Detroit
Auto Components
• LG expanding production capacity of automotive biz
• Unsubstantiated hype around EVs is a matter of concern: Ashok Taneja, Shriram Pistons and Rings
• Craftsman Automation IPO subscribed 89% so far on Day 2
• Steel shortage from Posco plant may force automakers to suspend production: SIAM
• S.Korean battery makers' shares fall after Volkswagen's EV battery plans
Tyres
• CEAT to invest Rs 20 cr for expanding sales, services outlets in Tier-II, III cities
Industry
• Steel, auto makers to cover vaccine cost of employees and families
• FM's comment on crypto brings relief to industry
• Demand for e-vehicles in India more than doubled in 3 yrs
• India to set up development finance body for infrastructure
• Sivakumar P joins SAR Group as CTO of EV business vertical
• Toyota warns rivals' gasoline engine phase-out goals must overcome huge challenges
• Delhi govt rolls-out e-mobility plan, announces incentives to increase EV adoption
• Circular economy can cut vehicle emissions by 75% by 2030
• Mamata govt did not cooperate on Tajpur port, drove away automobile company from Bengal: Gadkari
• Commerce ministry writes to finmin seeking restoration of duty free import of export inputs
• Protests outside Posco's India steel plant to be called off
Oil & Lubes
• Diesel sales top pre-Covid levels by 7 per cent, but LPG slips
• Diesel sales dip 15%, petrol unchanged in Mumbai
• India's diesel sales rise as economic activity picks up
• IOC to sell hydrogen plants to monetise non-core assets
• Centre, states need to think about reducing taxes on petrol, diesel: Anurag Thakur
• Domestic natural gas prices likely to remain unchanged at $2 on April 1: ICICI Securities
Commercial Vehicle
• Ford's Turkish joint venture to produce electric vans from 2023
• Electrified Tata Motors set to roll small commercial e-vehicle
Auto Technology
• Solar powered EV charging station developed at IISc
• Ford partners with U-M on robotics research, new building
• MG Motor partners IIT Delhi for research in electric, autonomous technologies
 
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