Morning Daily - 2021-06-17

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ETAuto Newsletter | Thursday, June 17, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle
Top Stories
• Exclusive: Hero MotoCorp CMO Gurinder Sandhu quits; third top-level resignation in less than a year
• Tata Motors yet to name new CEO, Butschek to get extension?
• OPINION: A look at the car of the future What's new?
• Govt simplifies registration process for MSMEs
• Used car market share for organised sector to reach 45% by FY25: Report
• Now pay a fine of INR 10, 000 for old petrol and diesel cars: Delhi GOVT
• JLR launches Range Rover Velar in India, price starts at INR 79.87 Lakh
• A look inside Ashok Leyland's big data analytics strategy
• Skoda India to launch Kushaq on June 28
• BorgWarner aims to be carbon neutral by 2035
• 2021 Honda Gold Wing launched at Rs 37.20 lakh
• Second Covid wave may leave Rs 2 lakh crore dent on eco output: RBI
• GM, Ford outdo each other with electric vehicle investments
• Everything you need to know about the chip shortage that's plaguing automakers Detroit Free Press
• Are Jobs As Bad As We Fear? Forbes
• LinkedIn Sees The Job Market Going From 'Doom And Gloom To Boom' Forbes
Passenger Vehicle
• Covid safety, easy finance fuel four-wheelers' sales
• SsangYong unveils Korando e-Motion electric SUV
• Polestar to make electric SUV at U.S. Volvo plant, starting in 2022
• Spain hopes to jumpstart electric car industry with EU funds
• Stellantis to produce four electric vehicles at Italy's Melfi plant from 2024 - UILM union
Two Wheelers
• RattanIndia-Revolt re-opens bookings for e-bikes on June 18
• Okinawa cuts price of electric scooter range by up to INR 17,892
Auto Components
• China May aluminium output slips from record high on electricity curbs
• Continental and Elektrobit integrate Alexa Custom Assistant into cockpit high performance computer
• Australia's Firefinch soars on deal with China's Ganfeng for Mali lithium project
Industry
• German minister in talks with Tesla over sharing supercharger network
• NHAI makes video recordings through drones mandatory for all stages of NH projects
• IIT Delhi to soon have Transportation Research and Injury Prevention Centre
• Wherehouse.io raises seed funding led by Better Capital
• RBI likely to maintain status quo in August meet, suggests SBI report
• Smart enforcement app for trucks launched to reduce logistics costs: ComMin
• BEST liable to pay GST to operator of mini-AC buses, holds AAR
• Only Volkswagen, Volvo doing enough to electrify in Europe - study
• Can't reject claims if vehicle owners are not impleaded: Madras high court
• 495 vehicles registered online in Mumbai in 24 hours
• India's reliance on digital tech more sustained: Study
• How well-being enables countries to better absorb pandemic impact: Study
• Higher incidence of job losses among youngest, oldest employees in second wave: Survey
• Pandemic-hit economy not comparable to periods of normalcy: Nirmala Sitharaman
• Toyota thanks shareholders for support after shares hit record high
• Volvo Cars to test fossil-free steel from SSAB's HYBRIT venture
• UK in talks with 6 firms about building gigafactories for EV batteries
• Americans are curious about electric trucks, but low cost, durability come first -Reuters/Ipsos poll
• GM to boost spending on electric vehicles 30%, add two new battery plants -sources
Oil & Lubes
• Global crude oil prices drop, pressured by stronger U.S. dollar
• India to boost ethanol production as people facing problems due to high fuel rates: Gadkari
• India's fuel sales recover from June lows, still lower than last year
• Dalmia Bharat Sugar to increase ethanol capacity to 15 crore litres from Jan'22
Commercial Vehicle
• BYD UK and ADL to supply 195 e-buses to RATP Dev London
• Altigreen partners with EV fleet operator MoEVing
Aftermarket
• China's Full Truck Alliance targets over $20 billion valuation in U.S. IPO
Auto Technology
• Geely unveils Vision Starburst concept car
• EV charging network ChargePoint launches fleet management solutions
• Hyundai Motor chief tests self-driving during US visit
• Skylo and Omnicomm join to deliver fuel management IoT solution
 
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