Starlink Expands into Vietnam and Recent Developments in Electric Vehicles
Starlink receives permission to launch services in Vietnam until 2030, while Tesla enhances Cybertruck features. Rivian’s micro EV startup, Also, raises $105 million, and the Financial Times retracts allegations against Tesla. These events exemplify the dynamic advancements in technology and media integrity in the electric sector.
Starlink, the satellite internet service provider under SpaceX, has recently gained approval from the Vietnamese government to commence its internet services within Vietnam. The trial for Starlink will continue until the end of 2030, during which SpaceX will be permitted to serve up to 600,000 subscribers. The service offerings include fixed and mobile internet plans, along with potential aviation services to enhance connectivity across the region.
In a notable contrast to Vietnam’s decision, Italy has decided to pause discussions regarding a Starlink agreement, attributed to controversies surrounding Elon Musk. The Italian Defense Minister, Guido Crosetto, referenced the standstill following a proposed $1.6 billion contract with SpaceX. Meanwhile, SpaceX aspires to expand Starlink services into India, having already secured partnerships with two major telecom companies, although it remains pending regulatory approvals.
In another recent development, Tesla is reportedly enhancing its Cybertruck’s steer-by-wire system, a unique steering mechanism exclusive to this vehicle. This upgrade aims to provide drivers with improved feedback and adaptability to different road conditions, thereby enhancing the overall driving experience. This rollout will be included in Tesla’s upcoming software update and will work in conjunction with adjustable air suspension settings controlled via the Tesla App.
Rivian, the electric vehicle manufacturer, has spun off a new startup named Also, raising $105 million to focus on micro electric vehicle production. This venture is an evolution of Rivian’s previous skunkworks program aimed at adapting existing technology for smaller electric vehicles. Rivian CEO RJ Scaringe emphasized the potential this compact EV market holds and indicated that Also intends to unveil its initial designs later this year, targeting markets in the United States, Europe, Asia, and South America.
On a different note, the Financial Times has retracted its earlier allegations concerning Tesla’s accounting practices, which had claimed the company misallocated significant capital expenditure. Following the retraction, Tesla CEO Elon Musk expressed disbelief at the initial errors by the publication, emphasizing the importance of accurate financial reporting. The retraction highlighted the need to trust auditors and reassured stakeholders about Tesla’s financial integrity amidst swirling controversies.
In conclusion, Starlink’s entry into Vietnam marks a significant expansion in Southeast Asia, contrasting with unsuccessful negotiations in Italy. Tesla’s advancements in the Cybertruck’s technology showcase ongoing innovations within the company. Additionally, Rivian’s new startup, Also, aims to disrupt the micro EV sector. Lastly, the Financial Times’ retraction of its earlier claims against Tesla underscores the complex relationship between media reports and corporate accountability. Overall, these developments reflect the rapidly evolving landscape of the electric vehicle and internet service industries.
Original Source: www.teslarati.com
