Morning Daily - 2021-03-31

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ETAuto Newsletter | Wednesday, March 31, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle
Top Stories
• Expects 2021 to be full of surprises with strong recovery: Martin Schwenk, Mercedes-Benz India
• ETAuto TV: ASDC certified 30,000 existing manpower in new technologies during pandemic: Nikunj Sanghi
• Transport ministry proposes up to 25% concession on road tax against a vehicle scrapping certificate
• Anshuman Singhania elected chairman of ATMA, Mohan Kumar is vice chairman
• Volvo Cars gives all employees six-month paid parental leave
• Boschs big gamble to de-risk from auto HT MINT
• India's PV industry to post 22-25% growth in FY22: ICRA
• Biggest rupee bear sees Asia's best-performing currency hitting 1-year low
• Renesas says normal production at fire-hit chip plant to take 100-120 days
• 1st all-electric Kia car can do 500 kms on single charge
• No VW U.S. name change as company says fake release was an April Fool's marketing stunt
• Focus on curbing mortality, not lockdown: Mahindra tells Maharashtra
• BMW has got its timing right for beefing up electric cars: CEO
• HMSI launches new 650 siblings for INR 8.88 lakh and INR 8.67 lakh
• China smartphone maker Xiaomi to invest $10 billion in new EV unit over 10 years
• Toyota Kirloskar may drive in a new hatchback this year HBL
• Hyderabad based engg college granted patent for its new signalling system to curb accidents
• Dilip Buildcon wins Rs 1,137 cr contract from NHAI in Karnataka
• Govt extends exemption from permit requirement for transport vehicles carrying oxygen till Sept 30
• Electric vehicles to dominate line up at Toyota's Lexus by 2025
• There's An Entire Car Company For Sale Jalopnik
• Everything We Know About Biden's Massive Infrastructure Plan Coming This Week Forbes
• Toyota and Nissan plan production cut from Renesas fire Nikkei Asia
• Will It Be Hard Or Easy For Self-Driving Cars To Expand Their Territory? Forbes
• Your Company Won't Scale If You Are Not Hiring For Attitude Forbes
• 15 Career Killers And How To Avoid Them Forbes
Passenger Vehicle
• Hyundai Motor to suspend some S.Korea output due to chip, component supply issues
• Musk says cell supply shortage makes it difficult to scale up Tesla Semi production
• Honda recalls 761,000 vehicles worldwide to replace fuel pumps
• VW plans brand-name change to 'Voltswagen' in US
• 76 lakh Indians experience features of next car in 3D on internet in 2020: Survey
• Stellantis to add Peugeot 308, Opel Astra to electrified range this year
• Jeep to open 4xe EV charging network at off-road trails in the US
Auto Components
• Steel sector to bounce back to robust growth in 2021
• China's Ganfeng sees lithium rally extending as profits almost triple
• China's industry ministry holds meeting on auto display screen supply shortage
• Japan asks Taiwan manufacturers to cooperate in chip production
• Fire-hit chipmaker Renesas says recovery could take four months
• France's car component producer Treves to shut Slovenia factory, STA says
• SK Innovation says may pull its battery business out of U.S.
• Copper slides as ship blocking Suez refloated
• Nickel futures jump 1% on firm spot demand
Tyres
• Nokian Tyres expands capacity, shares rise
Industry
• India's adoption of Alternative Fuel Vehicles to remain limited till 2026: Moody's
• NHAI's Special Purpose Vehicle for Delhi-Mumbai Expressway project raises over Rs 9,700cr from four banks
• Switch Delhi EV awareness campaign enters final week; focus on sensitising youth
• India's 2021 economic output likely to remain below 2019 level: UN report
• Auto industry urges Biden to back 'comprehensive' EV plan
• China's Geely to set up new aerospace company
• BlackBerry misses quarterly revenue estimates as software demand slumps
• Apple supplier Foxconn's profit slips, warns on 'materials shortages'
• China plans new rules for autonomous vehicles -ministry
• How this e-bike startup is changing Indian tourism, one tour at a time
Oil & Lubes
• Tamilnadu Petroproducts to invest Rs 435 cr for capacity expansion, revamp of mfg plants
• Oil prices slip as focus switches from Suez Canal blockage to OPEC+ supply policy
• Torrent Gas signs pact to take over Sanwariya Gas
• Petrol price cut by 22 paise, diesel by 23 paise
Commercial Vehicle
• Aurora, Volvo are latest partners on self-driving heavy trucks
• BMTC floats tender to lease 1,500 buses, staff fear privatisation move
Aftermarket
• ABB, AWS to build EV fleet management platform
Auto Technology
• Researchers develop new AI based early warning system for self-driving cars
 
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