Morning Daily - 2021-03-19

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ETAuto Newsletter | Friday, March 19, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle
Top Stories
• Centre rolls out vehicle scrappage policy: Here's what Auto Inc expects
• Scrappage policy will increase auto industry's turnover to INR 10 lakh cr: Nitin Gadkari
• View: What carmakers need to tell you about their electric plans
• Varroc to produce EV chargers for Canada-based Delta-Q
• Renault projects its electric, hybrid car sales will double in 2021 - Sources
• Growth pick-up: Hyundai sees sales uptrend to continue
• Reserve Bank of India may have to delay liquidity normalisation amid rising virus cases
• Share of EVs in Delhi rose from less than 1 pc to 2.2 pc in 3 months: DDC vice chairperson
• Ethanol policy gets a thumbs up from industry bodies, farmers
• NHAI looks to award Rs 50,000 crore projects in Q1 of next fiscal year
• Ashok Leyland COO sums up Indian LCV industry's milestones, plans, hopes and fears
• World may see peak of petrol, diesel demand by 2035 but not in India: Oil Min Official
• Skoda Auto unveils compact SUV Kushaq
• Toyota partially halts North American auto production on plastics shortage Icis
• Marketing Proves Its Mettle During Pandemic, Job Growth Follows Suit Forbes
• The Interplay Of Physics, Job Search And Cost Optimization Forbes
Passenger Vehicle
• Audi opens new service facility in Bhopal with Anand Cars
• China's Tesla wannabes will drive closer to home
• Skoda's dilemma: Rise of Kushaq curtains for Karoq?
• U.S. investigating suspected Autopilot Tesla crash into police vehicle
• EV frenzy over Volkswagen shares draws regulator's attention
• China's SAIC partners with U.S. lidar maker Luminar on self-driving cars
• BMW unveils its 1st all-electric sedan i4, arriving this year
• German automaker BMW ramps up electric vehicle offerings
• Honda's Mexican auto plants join North American pause from March 18
• Consumers maintain brand loyalty despite high waiting period for vehicles
• S.Korea's SK says investing in $300 mln mobility fund with China's Geely
Two Wheelers
• ETAuto Exclusive: Classic Legends Jawa Motorcycles CMO puts in papers; national sales head takes a sabbatical
• Omega Seiki, B Medical Systems deal to transport vaccines across India
Auto Components
• Schlumberger unit to launch Nevada lithium plant as EV demand rises
• Umicore boss pledges buffer zone near Antwerp plant
• Renault, Veolia and Solvay join to extract, purify end-of-life EV battery metals
• Proterra to supply batteries for Lightning eMotors' commercial electric vans
Industry
• Private consumption to pick up in next few quarters: Moody's
• Indian rupee to mostly trade sideways in 2021: Fitch Solutions
• Solar powered EV charging station developed at IISc
• NPAs expected to increase in first half of 2021: FICCI-IBA survey
• Nikola, Lordstown shares drop in latest sign of turbulence for EV sector
• Vehicle scrapping policy will be 'win-win' policy; to help reduce pollution: Gadkari
• Shuchi partners with HPCL to set up EV charging points across retail fuel pumps
• Jharkhand: 14 non-mineral based sectors focus areas of new industrial policy
Oil & Lubes
• Lack of CNG stations leaves auto drivers in long queues
• Nearing polls, softening crude keep Oilcos from hiking prices
Commercial Vehicle
• Chip shortage forces Ford to build trucks without computers
• Lordstown Motors faces SEC questions over shortseller report
• No evidence of irregularities in Scania purchases: RTC inquiry
Aftermarket
• Lyft expects positive weekly ride-share growth beginning this week
• Gati-KWE plans to invest Rs 100 cr in infra, tech development next fiscal
• Uber pledges free rides worth Rs 50 lakh for vaccinating India's elderly
Auto Technology
• Air taxi startup Volocopter eyes fresh capital, SPAC an option: CEO
• Craftsman Automation IPO subscribed 3.81 times
• Tesla on autopilot drives into Michigan trooper's patrol car
 
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