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Suzuki and SkyDrive start production of ‘flying cars’ in Iwata, Shizuoka, Japan – ET Auto

Baua Electric

On 6 March, a rivet driving ceremony was held to wish for safe operation of the plant, in the presence of all Sky Works employees, along with SkyDrive CEO Tomohiro Fukuzawa, Suzuki President Toshihiro Suzuki , and personnel of both the companies.

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Ola Electric to invest USD 100 mn in gigafactory – ET Auto

Baua Electric

Early next year, you can expect to see our own cells in our own products… we have some work to do around finalising the production process and commercialisation, but we are on our way,” he added. The firm is proposing to raise up to INR 5,500 crore through a fresh issue and an offer-for-sale (OFS) of 95.2 million shares.

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Tata Motors CV earmarks 40% of its investment this year on advanced technologies – ET Auto

Baua Electric

The company is also working on fuel cell electric vehicles , with 15 buses equipped with the technology running on Delhi’s roads. Their 30-year old joint venture has spawned an entity called TCPL Green Energy Solutions (GES), which will focus on the development and manufacturing of ‘sustainable technology products’.

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Exicom Tele-Systems IPO subscribed 10 times on first day of offer – ET Auto

Baua Electric

The IPO has a fresh issue of equity shares aggregating up to INR 329 crore and an Offer For Sale (OFS) component of up to 70.42 At present, NextWave Communications holds a 76.55 % stake in the company, and HFCL, part of the promoter group, owns a 7.74 % shareholding.

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Open-Source AI Is Uniquely Dangerous

Cars That Think

Crucially, these uses allow the company that owns the model to provide access to it as a service, while keeping the underlying software secure. Companies including Meta (my former employer) have moved in the opposite direction, choosing to release powerful unsecured AI systems in the name of democratizing access to AI.

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Vietnam’s VinFast to set up EV battery plant in India -sources – ET Auto

Baua Electric

The company will make batteries for EVs at the plant in the city of Thoothukudi, one of the people said, adding that this was separate from its previously announced plans to assemble vehicles shipped in parts from Vietnam. An announcement by the company on the new plant is expected in coming days, two people said.

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At CES, legacy automakers scramble to keep up in AI arms race – ET Auto

Baua Electric

ChatGPT and other new AI systems are error-prone, and changing at a far more rapid pace than automakers’ traditional product cycles. Digital technology companies often test technology on customers before it is ready for sale. For automakers, that has not been the norm so far. But that’s what we also have to learn.”

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