Morning Daily - 2021-04-16

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ETAuto Newsletter | Friday, April 16, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle
Top Stories
• Passenger vehicle sales may scale up to 32.9 lakh units in FY22: Maruti Suzuki
• Honda sets up overseas business vertical for two-wheeler exports
• SsangYong Motor in receivership as owner Mahindra fails to find buyer
• Bajaj Auto stops accepting new bookings for the Chetak EV
• Good opportunity for Tesla to start manufacturing in India: Nitin Gadkari
• Plea in Delhi HC to include hydrogen fuel cell vehicles under FAME-II
• Panel Discussion on Designing and Development of EV for the emerging markets
• Presentation on Enabling E-mobility Ecosystem-Turning Disruption into Opportunity by Shridhar Dharmarajan
• Vehicle scrapping guidelines of AAP govt challenged in Delhi high court
• 11th-gen Honda Civic revealed globally, launch on April 28
• Mercedes rolls out luxury electric car in duel with Tesla
• Okshan forays into used car biz with B2B model
• Lockdowns to shave $1.25 billion a week off economy; 140 bps from Q1 GDP: Report
• Washington state passes bill with goal to phase out gasoline cars
• Auto industry has a major role to play in India's economic growth The Indian Express
• As Auto Industry Goes Electric, Can It Avoid A Battery Bottleneck? NPR.org
• Here's How To Succeed In Salary Negotiations When You Receive A Job Offer Forbes
• Want A New Job? These Bad Habits Might Be Holding You Back Forbes
Passenger Vehicle
• Stellantis to offer electric versions of almost all European line-up by 2025
• Green and cheap? Doubts dog Lebanon's first electric car
• With flagship electric car, Mercedes takes fight to Tesla
• Ferrari chairman says making 'good progress' on CEO shortlist
• Self-driving startup Cruise raises $2.75 bln from Walmart, others
• Nissan to slash Japanese production in May due to chip shortage: Sources
• China's Geely targets slice of premium electric car market with 'startup' brand Zeekr
• Hyundai Motor Group plans to launch EVs in China every year starting 2022
• Audi Q4 e-tron, Sportback break cover globally
• Geely's EV unit Polestar raises $550 mln, company says
• Agnelli, Peugeot families agree to consult on Stellantis
• GM to announce second U.S. battery plant, in Tennessee, with LG Chem -sources
• Ford details new production cuts due to global chip shortage
Two Wheelers
• Bengaluru-based startup Micelio to launch electric two-wheeler for last-mile delivery
• Bajaj Auto launches CT110X for INR 55,494
• Okinawa Autotech inks pact with electric 2-wheelers rental firm Welectric
Auto Components
• Nickel futures slide on tepid demand
• Copper futures up on spot demand
• ACMA Automechanika Delhi to connect aftermarket players on digital platform
• TSMC's Q1 profit rises 19% on strong chip demand
• Chip shortage weighs on car sector recovery - Volkswagen CEO
Industry
• India's exports surge 60% in March, fall by 7.2% in FY21
• WPI inflation spikes to over 8-year high of 7.39% in March
• India's March merchandise exports rises by over 60% YoY
• Rupee goes from Asia's best to worst in two weeks on Covid
• NHAI says FASTag double User Fee based on 2008 rule; seeks dismissal of PIL against it
• Consumer industries fear impact on output, sales & supply in India
• S Korea to set global standards for EV wireless charging
• 70% employers resume hiring for blue collar jobs: Survey
Oil & Lubes
• Shell plays down risk of stranded oil and gas reserves
• Once loss-making, Gujarat State Petroleum Corporation group makes its mark
• India to augment hydrogen supply chain: Pradhan
• Petrol, diesel prices finally cut after 15 days pause
Commercial Vehicle
• TuSimple to demo self-driving trucks in fourth quarter: source
• Daimler's Spanish unit can be liable for cartel damages, EU court adviser says
• Etrio to supply 100 Touro 3-wheelers to Zypp Electric; scale up to 1,000 units in 6-8 mths
 
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