Centre hikes FAME II allocation, valid till March-end | 'Tesla can apply for battery PLI sops'| Top 10 PVs sold in Jan

Centre hikes FAME II allocation, valid till March-end | 'Tesla can apply for battery PLI sops'| Top 10 PVs sold in Jan

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ETAuto Newsletter | Saturday, February 10, 2024 Daily Newsletter Auto Technology | Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes Top Stories • Centre hikes FAME II allocation, scheme valid till March-end • Elon Musk's Tesla can apply for battery PLI sops: Heavy Industries Ministry • Top 10 PVs sold in Jan • Hyundai picks JPMorgan, Citi to accelerate USD 3 bn India IPO • India to be number 1 auto manufacturing hub in 5 yrs • VinFast's ground-breaking to take place on February 25 • Hero MotoCorp Q3 Results: Profit surges 51% YoY to INR 1,073 crore; co to pay INR 100/share dividend • "At the end of 2024 our national highway road network will be equivalent to road network of USA": Gadkari • Jio-BP to add 250 fuel retail outlets this year, double EV charging points • Scandal-hit Daihatsu says it will take 40% longer to develop new cars • Prices for EV charging fluctuate for profit certainty but risk driver angst Autonews.com Electric Vehicles • Electric cars can't advertise as 'zero emissions': UK body • Volkswagen sticking with North American EV plans • Patna starts providing e-vehicle incentives Passenger Vehicle • Maruti Suzuki Ertiga MPV sales cross one million units • 10% of vehicles still leave showrooms without HSRPs • Nissan shares slump as Q3 results highlight China worries, competition • Tesla trails Ford and GM in revenue generated per worker Two Wheelers • Harley-Davidson forecasts 2024 motorcycle revenue below estimates Auto Components • Steelbird sells 80 lakh helmets globally in 2023 • Foxconn invites bids to construct INR 1,200cr plant in Karnataka • Japan offers USD 300 mn backing for chip research organisation • BorgWarner signs deal with FinDreams Battery for LFP battery packs production • GM appoints former Tesla executive as VP of battery unit • Continental completes 1 mn trips on its automated tyre braking test facility Tyres • MRF Q3 profit jumps three-fold on uptick in two-wheeler sales • Continental showcases fusion of sustainability and strength in tyres at Bharat Mobility Expo 2024 Industry • Toyota Safety Education Programme creates Road Safety Champions • Hydrogen revenue jumps for world's biggest maker of shipping containers • Urban infra gets major push in interim budget • Coal sector leads core industries with 10.6% growth in December • Rupee weakens on dollar demand from importers, posts slight weekly decline • Portuguese prosecutors seek to annul environment permit for Savannah lithium mine • Zomato signs lease for its largest warehousing space in Bengaluru • Rupee expected to be under pressure on dollar outlook, oil prices • Kavach system on 2,099 route km soon Oil & Lubes • "Enough oil in the world": Oil Minister Hardeep Puri says India not concerned about OPEC+'s output cuts • Russian oil: India's state oil refiners in talks with Rosneft to secure Russian crude for long term • HPCL to commission Barmer refinery by January 2025: co exec S Bharathan • BPCL launches EPA-grade diesel in strategic move to boost India's energy sector Commercial Vehicle • 1k challans issued to e-rickshaw drivers Follow Us on Copyright © 2024 ETAuto, All rights reserved. You are receiving this email because you signed up at etauto.com Our mailing address is: ETAuto.com (Times Center), FC6, Sector 16 A, Film City, Noida - 201301 Uttar Pradesh, India Add newsletter@etauto.com to your address book   |   Our archives are at ETAuto Unsubscribe from this list Unsubscribe   |   Report this Email