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Rivian launches hands-off driving assist in latest software update

Teslarati

Electric vehicle (EV) maker Rivian debuted a new software update this week, and as part of it, the company has started rolling out a hands-off driving assistance system. Owners can purchase the upgrade from the Rivian mobile app or account page, and it will be downloaded to the vehicle through an over-the-air (OTA) software update.

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Tata Technologies to invest USD 1.8 bn in Telangana state – ET Auto

Baua Electric

Tata Technologies, which provides engineering services to auto, aero and heavy machinery makers, will set up skilling centres in 50 government-run industry training organisations. The latest investment is part of a larger commitment from Tata Group companies, such as Tata Consultancy Services and Tata Advanced Systems, to expand in the state.

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European battery maker ACC partners with Circulor to map supply chain, carbon emissions – ET Auto

Baua Electric

The partnership comes as the European auto industry readies for a “battery passport” that will trace the content and carbon footprint of EV cells sold in Europe. Circulor CEO Douglas Johnson-Poensgen said the company was currently talking to companies up and down the EV battery cell supply chain. billion) investment.

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Minda Corp exits Pricol with 15% stake sale, rakes in INR 260 cr profit – ET Auto

Baua Electric

In fact last year, the company sought approval from the Competition Commission of India (CCI) to acquire a 24.5% This is merely a financial investment without providing the company any special rights in Pricol other than the rights as a shareholder,” Minda Corp had then said. In February last year, Minda Corp acquired a 15.7%

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Ola Mobility CFO resigns amid company restructuring – ET Auto

Baua Electric

Kartik Gupta, Ola mobility New Delhi: About two weeks after the resignation of Ola Mobility CEO, the company’s Chief Financial Officer Kartik Gupta has also resigned from the company. Ola Mobility said that Gupta’s exit is part of the company’s restructuring exercise. Gupta joined the company seven months ago.

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OneD, Koch Modular partner to scale up silicon-graphite EV anode materials – ET Auto

Baua Electric

The two companies will announce the location for the factory, which should cost a “few hundred million dollars” in the near future, CEO Vincent Pluvinage told Reuters. The company says the process also saves money for automakers seeking affordable EV models. Nanowires are ultra-thin wires.

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TSMC’s Q4 profit to slide 23%, focus on rebounding demand this year – ET Auto

Baua Electric

The likely decline in profit also reflects a strong performance in 2022, when the company, whose customers include Apple and Nvidia, was still riding high on pent-up post-pandemic demand. billion in the year-earlier period, but that still beat both the company’s and market’s expectations. billion ($7.21 billion ($20.10

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