Morning Daily - 2021-05-21

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ETAuto Newsletter | Friday, May 21, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle
Top Stories
• Bosch India plans Capex up to INR 200 cr for FY22; 6-fold rise in Q4 net profit
• Wardwizard targets 10-fold growth in EV sales in FY22
• Bosch Ltd appoints Pawan Goenka as independent director
• Raging pandemic stalls auto industry recovery; growth estimates have to be rolled back: ICRA
• BYD rolls out millionth new energy passenger car
• Consumers spared of hike; petrol, diesel prices unchanged on Thursday
• New Ford venture to build 2 electric vehicle battery plants
• Construction's 'perfect storm' is a boon for ABB's robots
• Daimler Truck says batteries, hydrogen are the future
• HR challenges faced by auto sector during pandemic
• How Ford burned $12 billion in Brazil
• Chip shortage is a global phenomenon, may persist till 2022: Bosch Business-standard.com
• Auto Industry Leader Graham Hoare Joins Britishvolt AftermarketNews
• S Africa seeks to boost electric vehicle manufacturing Argusmedia.com
• The Critical Piece Missing From The American Jobs Plan Forbes
• We Need To 'Tear Down Walls...Within And Without' Laurene Powell Jobs Told U Penn's Class Of 2021 Forbes
Passenger Vehicle
• Ford wires its electric trucks for business customers
• Mercedes-Benz to use brand-new chasis for upcoming AMG SL
• Tesla's Bitcoin value dives; Musk signals hold with 'diamond hands' tweet
• Mercedes-Benz extends warranty, free service period till Jun 30
• Thai car sales jump in April but new outbreak a worry
• German electric car start-up e.Go Mobile eyes Mexico entry
• Stellantis to end current contracts with European dealers effective June 2023 - paper
Auto Components
• BASF, Canada in early talks on EV battery production
• Indian market demand for displays seen at USD 60 bn in 5 yrs: Report
• Glencore, Umicore to trace battery cobalt with blockchain technology
• Tin squeeze highlights critical minerals supply problems
• BASF plans battery joint venture with China's Shanshan
• Chile's SQM posts jump in lithium sales, fast-tracks Atacama expansion
• EconCore develops new honeycomb cores with NORYL GTX resin for e-mobility applications
Industry
• Highway projects to miss even revised deadline due to Covid in UP
• Will the second Covid wave dent resilient foreign investment inflows into India?
• Credit Suisse cuts India's nominal growth forecast to 13-14 per cent
• Omega Seiki Mobility invests Rs 100 cr to build COVID-19 hospitals, labs, oxygen plants
• Retail inflation for farm, rural workers eases marginally in April
• Kia India extends INR 5-crore support to AP in its fight against COVID-19
• Dutch court orders former Nissan boss Ghosn to repay salary
• Europe regulator sees first flying taxis in 2024 or 2025
• Magenta EV to get USD 15 mn investment from philanthropist Kiran C Patel
• No pain, no gain for big funds hunting the next Tesla
Oil & Lubes
• IOC Q4 net profit up 78 per cent at Rs 8,781 crore
• IOC says will buy Iranian crude oil if sanctions are lifted
• Consumers spared of hike; petrol, diesel prices unchanged on Thursday
Commercial Vehicle
• Govt's plans to accelerate infra projects will aid CV recovery: Grant Thornton Bharat
• Daimler Truck 'all in' on green energy as it targets costs
 
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