Morning Daily - 2021-03-25

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ETAuto Newsletter | Thursday, March 25, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle
Top Stories
• Volkswagen launches 4 new SUV models to enhance market share in India
• Kona EV owners say Hyundai mishandling recall for battery fires
• TVS Motor appoints Prof Ralf Speth to its board of directors
• Escorts to increase tractor prices from April
• Tata Nano production nil in 2020 due to BS-VI issue: Gujarat
• Bike dealer siphoned off road tax of 29k buyers over 5 years
• Petrol price cut by 18 paise, diesel by 17 paise
• Elon Musk says Tesla vehicles can now be bought using bitcoin
• Sequoia closes $195 million second seed fund amid financing boom for early-stage startups
• No compound or penal interest be charged from borrowers during moratorium period, directs SC
• China to curb lead battery use in low-speed EVs from Sept
• Uri Levine appointed chairman of Zoomcar
• Toyota, Isuzu revive capital tie-up with focus on connected trucks
• Skoda to invest 2.5 billion euros in new technologies over next 5 years
• Global auto plants now idle as chip supplies dry up
• China's cabinet to provide more favourable tax incentives for manufacturing R&D - state TV
• Droom aims to list on the NASDAQ in H2 of 2022 HBL
• Volkswagen as the next Tesla is firing up stock investors
• 3 Simple Steps To Figure Out Your Next Career Move, ASAP Forbes
• Managing A Quarter Life Crisis In The Midst Of A Crisis Forbes
Passenger Vehicle
• MG Motor to cover vaccination cost of all employees
• Tesla urges court to reinstate hike in emissions penalties
• Germany postpones ex-VW boss's 'dieselgate' trial
• GM further cuts production in North America due to global chip shortage
• AUTO1 eyes growth after containing hit from COVID sales slowdown
Two Wheelers
• Triumph's electric TE-1 Prototype design revealed
• Rapido joins hands with Zypp Electric to provide EV bike taxi ride service
Auto Components
• SKF India to cover vaccination cost of all employees, immediate family members
• Renesas fire threatens to deepen global chip supply woes
• Copper down as Europe COVID-19 concerns push up U.S. dollar
• Japan calls for Renesas help from equipment makers at home and overseas
Industry
• Adani Transport wins Rs 1,040 cr highway contract from NHAI in Telangana
• Privatising two PSBs: India Ratings warns of rating impact if govt cedes control
• Capital Calls: Japanese automakers go back in time
• Rs 7 lakh cr being spent on green highways; Rs 60K cr projects in Delhi to curb pollution: Nitin Gadkari
• Fitch revises India GDP growth to 12.8% for FY22
• Why reports of a looming ban drive more people towards crypto
• Democratic lawmakers urge Biden to set tough vehicle emissions rules: Letters
• NHAI to develop over 600 wayside amenities in 5 years
• One year of Covid lockdown: How Indian economy dealt with the virus
• Some states overestimated eco performance in budgets, GSDP may need revision: Report
• View: Geely's electric drive is all over the road
• China's Baidu closes flat on debut as investors wary of fundraising spree in city
Oil & Lubes
• 'Not possible to bring petrol, diesel under GST for next 8-10 years'
• HPCL-Mittal first Indian company to buy Guyanese crude Liza: Report
• How India plans to reduce its dependence on Middle East oil
• ONGC for equity partnerships with global companies in tough fields
• Oil sector PSUs to set up InvITs for asset monetisation, resource mobilisation
• Africa can play central role in India's oil diversification, says Dharmendra Pradhan
Commercial Vehicle
• Ashok Leyland to use electric buses for employee transportation, reduce carbon footprint
• Bihar fast tracks e-mobility plan, clear proposal to roll out new e-buses in Patna
• Goa introduces Olectra electric buses in its fleet
• Going green: GVMC to buy 75 e-rickshaws
• U.S. Postal chief defends Oshkosh delivery contract decision
• Silicon Valley self-driving truck startup Kodiak and China Hesai lidar partner up
Aftermarket
• Honeywell partners with FarEye to expand supply chain software suite
Auto Technology
• Australian lidar firm Baraja raises $31 mln in funding
 
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