News Jul 21, 2021 Demand recovery expected in metals and mining amid low supply growth India Ratings and Research (Ind-Ra) expects base metals prices in 2021 to be higher year on year (yoy), led by a robust demand recovery amid gradual supply increases.
News Jul 20, 2021 Spinny raises $108 mn in series D round by Tiger Global Spinny which is a used car retailing platform has announced that it has received a funding of $108 million in series D funding round from new and existing investors.
News Jul 19, 2021 TSMC CEO expects auto semiconductor supply to normalise TSMC CEO C.C. Wei expects automotive semiconductor supply to normalise. TSMC will be active in the second half of the year also to address the chip supply challenges for the automotive customers.
News Jul 19, 2021 EU to stop sale of new petrol and diesel cars by 2035 The European Commission wants to end the sale of new petrol and diesel cars by 2035, under a massive plan to fight climate change. All new cars registered as of 2035 will be zero emission.
News Jul 16, 2021 Ford may shut down India operations in TN and Gujarat: Reports As per reports, Ford is in talks with various car firms for either contract manufacturing or sale of its factories or both. Speculations are rife about Ola utilising Ford’s factories to manufacture electric cars.
News Jul 16, 2021 PV makers to recover faster than two-wheeler makers: Care Ratings On a YoY basis, wholesale of two-wheelers grew by just 4%, but PV dispatches improved by 119%. Compared to Q1FY19, the demand and sales of tractors have not been affected by the pandemic.
News Jul 15, 2021 Anurag Garg: One year of BS-VI The jump from BS-IV to BS-VI created some challenges. When the BS-VI norms came into vogue in April 2020, the country was in a historic lockdown due to Covid pandemic. Anurag Garg takes a look at the journey thus far.
Interviews Jul 14, 2021 Dr Sreeram Srinivasan: There is manifold rise in chips demand In this interview with Rakesh Rao, Dr Sreeram Srinivasan, CEO, Syrma Technology Pvt Ltd, discusses reasons behind the current chip shortage crisis and new growth opportunities for the company
News Jul 13, 2021 Auto sales in China dip by 12.4% due to chip shortage As per industry data, auto sales in China fell 12.4% in June from the corresponding month a year earlier. The slowdown is due to a global shortage of semiconductors in the world’s biggest car market.