Morning Daily - 2021-04-09

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ETAuto Newsletter | Friday, April 9, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle
Top Stories
• Transporters stare at a $2.4 billion in loss in April on account of lockdowns
• PV March retail sales climb 28% on low base, BS-VI switchover
• Demand strong, only a halt to output to have impact: Hyundai India
• Tesla scouts for showroom space in India, hires executive for lobbying: Sources
• New M&M XUV 700 to be revealed in Q2 FY22
• Michelin looks beyond tyres to help drive growth
• India Inc set to login 15-17% revenue growth in Q4 FY'21: Report
• Keynote Presentation on Emerging Global Trends and Future of EV by Hugues Desmarchelier
• Spark Minda partners with Ride Vision for 2-wheeler ADAS Technology
• Designing and Development of EV for the emerging markets
• Toyota unveils new cars with advanced driving assist technology
• Volvo, SSAB plan first fossil-free steel trucks on road to carbon neutrality
• Geely officially joins global automotive quality standards organization IATF | Automotive World Automotive World
• Chip woes: GM, Ford pause more production for deepening shortage The Detroit News
• New Job Openings Increased By An Astounding 7.4 Million, Hitting A Two-Year High Forbes
• How To Overcome Internal Resistance To Boost Your Career Forbes
Passenger Vehicle
• GM extends North America production cuts due to chip shortage
• Hyundai Alcazar vs Tata Safari vs MG Hector Plus: Engines compared
• Chinese automaker Xpeng to build factory in Wuhan with local government backing
• Stellantis may delay Alfa Romeo Tonale SUV production to 2022, union says
• Tesla slams German bureaucracy, offers reform proposals
• Seven-seater Hyundai Alcazar to take on Tata Safari and Hector+
• Online used car retailing platform Spinny raises USD 65 mn in funding round
• VCE Mysuru students convert 15-yr-old petrol powered car into EV
• SUV demand strong & stable, aim to work on improved powertrains: Hyundai's SS Kim
• Biden plan calls for $100 billion in new EV consumer rebates
Two Wheelers
• New Town gets 100 e-bikes on World Health Day
• Aventose Energy, startup with vision to exponentially increase electric two-wheeler adoption
Auto Components
• China's Ganfeng eyes solid-state battery market with lithium metal project
• Chile lithium watchdog to cut red tape seen as crimping the sector
• U.S. Senate readying legislation on semiconductors, Biden says
• China EV battery maker Octillion looks to cash in on carbon neutral drive
Industry
• Govt seeks to step up monitoring of imports
• Pivot or Perish: Bracing for the Impact of AI on the Workforce
• The status and future of NFTs and crypto art in India
• Government set to establish apex body for road safety
• Toll fee high, compared to facilities: Madras HC
• Global supply lines struggle to clear container backlog after Suez chaos
• Auto investors risk losing out if they don't own Tesla shares: Morgan Stanley
• Centre approves highway projects worth Rs 670 cr in Jharkhand: Gadkari
• Global EV battery swapping market to reach USD 409.99m by 2027: Report
Oil & Lubes
• Oil edges up on weak dollar; investors weigh rising supplies, demand outlook
• Megha Engineering's first 'Make in India' oil rig begins operation
• Petrol, diesel prices remain unchanged on Thursday
• India to resume buying oil from Iran once US sanctions ease
• Oil falls after U.S. gasoline inventories unexpectedly surge
Commercial Vehicle
• China's capital envisages 10,000 fuel cell vehicles by 2025
• Piaggio Vehicles to bear cost of vaccination of all staff
Aftermarket
• Spinny gets $65 million funding at a valuation of $350 million
• Second lockdown if imposed to be detrimental for economy: Nippon Paint India
• UK Deliveroo riders strike over pay, gig work conditions
• GoaMiles will not be scrapped: Godinho
 
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