Daimler bets on BEV and Hydrogen tech| 'Global BEV sales still far away from justifying high investments'| Discounts drive in as automakers push sales

Thursday, April 18, 2024

Top Stories
	Daimler Truck to enter Indian LCV market with eCanter; bets on BEV and Hydrogen tech for future trucking
	Global sales of BEVs still far away from justifying high investments: Mahle Group CEO
	Discounts, freebies drive in as automakers seek to push sales
	Maruti Suzuki to appeal in SC against INR 2.5 cr liability order from CESTAT, Chandigarh
	NHAI to raise INR 45,ooo crore from monetisation of 33 projects
	Tesla asks investors to approve Musk's USD 56 billion pay again
	Indian auto OEMs lag in JIT implementation in supply chain: Vector Consulting
	GAIL to commission its first green hydrogen project in April
	Court orders Mahindra to refund Rs 13 lakh to XUV owner or replace with new car The Indian Express
	Jaguar develops mobile energy-storage unit using Range Rover batteries Business-standard.com

	Huawei expands EV self-driving tech as Xiaomi brings new competition Nikkei Asia
	Stellantis avoids plant shutdowns by paying auto supplier 'under hostage threat' Autonews.com
	EVs get efficiency boost from new heat pump technology Autonews.com
	Nissan juggles reduced ICE volumes on path to U.S. EV future Autonews.com
	Toyota recalls Prius cars, halts orders due to faulty door switches Nikkei Asia
	Rivian cuts more jobs with woes mounting for electric vehicle market Autonews.com
	Japan automaker profits expected to slow after blockbuster year Nikkei Asia

Electric Vehicles
	How Amazon became the largest private EV charging operator in the US
	Warning signs for Tesla in US as EVs surge
	Volkswagen to roll out new architecture with Xpeng to cut China EV costs
	Wardwizard Innovations dispatches 3,817 EVs in March 2024

Auto Technology
	In Assam, PM Modi spotlights Northeast's role in accelerating India's Semiconductor Mission

Passenger Vehicle
	MG Motor India looks to expand network in tier III, IV to drive next phase of growth
	Tesla's global job cuts hit China sales team, sources say
	China's BYD unveils three new models for its off-road Fangchengbao lineup

Two Wheelers
	Triumph India unveils exclusive MY24 Tiger 900 range adventure motorcycles
	TVS Motor secures top position in JD Power 2024 India 2W IQS and APEAL Study

Auto Components
	Toyota recalls Prius cars, halts orders due to door handle fault
	Codelco CEO vows to pursue community buy-in over lithium expansion

Tyres
	Apollo Tyres gets INR 2.06 cr tax demand

Industry
	AMU records 3X growth, plans to raise INR 400 cr to fund 1 lakh EVs by FY26
	NTPC green to file DRHP by July, aims for listing by November
	Exporters face logistical turbulence as shipment expenses rise by 40%
	Rupee plunges below 83.50 as West Asia, US rate worries continue
	Carbon capture will not play major role in steel decarbonisation, report says
	Industrial and warehousing leasing remained buoyant in India in Q1-2024
	Shareholders approve pay package of Stellantis CEO

Oil & Lubes
	Oil will keep drawing strength from Middle East geopolitics, OPEC+ strategy for now
	US eyeing sanctions on Iran that could hit its oil exports