Morning Daily - 2021-05-13

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ETAuto Newsletter | Thursday, May 13, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle
Top Stories
• Govt approves Rs 18,100 cr PLI scheme for promoting ACC battery manufacturing
• PLI scheme for ACC A power boost for Indian EV industry
• PLI scheme for battery storage to bring down EV cost, say manufacturers
• Investment in hydrogen fuel falls 20% in 2020; fuel cell vehicle demand to be fragile
• A Deep-dive Into World EV Market: In India, only 8% of new car sales will be electric by 2030 against 28% globally, says Report
• COVID-19 pulls down auto sales by 30% MoM in April: Siam
• Opinion: How to face fallout of the pandemic on auto aftermarket
• Subros chairman Ramesh Suri passes away
• Pradeep Srinivas to lead Marketing and Customer Journey function at Mercedes-Benz India
• Two-wheeler demand likely to bounce back next quarter, says Piaggio MD
• Fiat Chrysler drags M&M to court in Australia, saying Thar infringes Jeep IP HBL
• Mayank Jain joins CarDekho Group as CEO of New Auto Business
• Omega Seiki joins with Log 9 Materials for rapid charging battery tech in 3-wheelers
• Too cold to handle? Race is on to pioneer shipping of hydrogen
• NCLT says Resolution Professional can auction 3 luxury cars of Dilip Chhabria Design Pvt Ltd
• Piaggio launches Aprilia SXR 125 in India for INR 1,14,994
• E-mobility solutions provider ELecTorq gets funding from 9Unicorns, others
Passenger Vehicle
• Musk says Tesla new self-driving rollout could take a couple of months
• Jaguar Land Rover's fourth quarter is 'good news':CEO
• Lordstown to restate 2020 results after SEC guidance on SPAC accounting
• Tesla seeks entry into US renewable fuel credit market: Sources
• Ford F-150 Lightning breaks cover on May 19
• Tesla says it supports standardisation of China auto industry
• BMW plans limited series hydrogen fuel cell SUV in 2022
• Stellantis CEO sees chip supply crisis hitting carmakers 'hard and strong'
• Toyota-backed Subaru's first electric SUV Solterra goes on sale in 2022
• U.S. asks Mexico to review GM plant labor allegations in test of new trade deal
• Maruti Suzuki extends free service and warranty period for customers to June 30
• Toyota Q4 profit nearly doubles, beats expectations
• American tells Japan court he worked for Nissan's interests
Two Wheelers
• COVID impact: Royal Enfield to shut down manufacturing plants from May 13-16
Auto Components
• Bosch suspends production at Nashik plant till May 23
• Lanxess lifts profit forecast floor as auto sector recovers
Industry
• Tesla's Elon Musk reverses course on taking bitcoin, citing climate concerns HT MINT
• Carlos Ghosn was 'retention risk,' Nissan's Kelly says at trial Automotive News
• Better to stay away from auto stocks: Daljeet Singh Kohli
• Toyota extends warranty, free service periods amid pandemic
• AIMTC seeks blanket loan moratorium for transporters till Aug 31
• Skoda, VW line up 1 million euro aid to fight COVID-19 in India
• New US electric car chargers are a green leap of faith
• Olympics-Tokyo 2020 sponsor Toyota "conflicted" over pandemic Olympics
• Sona Comstar donates 20 ventilators to hospitals, meals for poor
Oil & Lubes
• India's fuel sales drop 9.4% in April on COVID wave
• Oil climbs on drop in US oil stockpiles, solid demand outlook
Aftermarket
• Uber, Lyft want more public subsidies to meet California EV mandates
Auto Technology
• Waymo, Cruise seek permits to charge for autonomous car rides in San Francisco
 
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