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Saudi Arabia, Japan Reach Strategic Partnership to Develop Digital Economy

The Saudi Ministry of Communications and Information Technology and Japan’s Digital Agency have signed a memorandum of understanding concerning digital economy.
The Saudi Ministry of Communications and Information Technology and Japan’s Digital Agency have signed a memorandum of understanding concerning digital economy.
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Saudi Arabia, Japan Reach Strategic Partnership to Develop Digital Economy

The Saudi Ministry of Communications and Information Technology and Japan’s Digital Agency have signed a memorandum of understanding concerning digital economy.
The Saudi Ministry of Communications and Information Technology and Japan’s Digital Agency have signed a memorandum of understanding concerning digital economy.

The Saudi Ministry of Communications and Information Technology and Japan’s Digital Agency have signed a memorandum of understanding concerning digital economy, developing digital government and accelerating the adoption of modern technologies, reported the Saudi Press Agency on Wednesday.

The agreement was reached during the visit headed by Minister of Communications and Information Technology Eng. Abdullah Al-Swaha to Japan to boost partnership in the fields of technology, innovation and space.

Under its terms, the two countries will cooperate to promote and support government digital services, including digital platforms, e-signatures and documentation, build capacity and share knowledge.

The two sides will also cooperate in research and innovation, establishing research teams to develop digital government services and exchange best practices and policies that enable the use of emerging technologies in businesses and improve customer experience.

The memorandum was signed by Al-Swaha and Japanese Minister for Digital Transformation Kono Taro; several officials from both sides attended the signing ceremony.

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Tesla Plans Four New Batteries in 2026, Including for Robotaxi

FILE PHOTO: A staff member attends to customers inside a Tesla Model Y car at a showroom of the US electric vehicle (EV) maker in Beijing, China, Feb. 4, 2023. REUTERS/Florence Lo/File Photo
FILE PHOTO: A staff member attends to customers inside a Tesla Model Y car at a showroom of the US electric vehicle (EV) maker in Beijing, China, Feb. 4, 2023. REUTERS/Florence Lo/File Photo
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Tesla Plans Four New Batteries in 2026, Including for Robotaxi

FILE PHOTO: A staff member attends to customers inside a Tesla Model Y car at a showroom of the US electric vehicle (EV) maker in Beijing, China, Feb. 4, 2023. REUTERS/Florence Lo/File Photo
FILE PHOTO: A staff member attends to customers inside a Tesla Model Y car at a showroom of the US electric vehicle (EV) maker in Beijing, China, Feb. 4, 2023. REUTERS/Florence Lo/File Photo

Tesla plans to design four new versions of its in-house battery to power the Cybertruck, its forthcoming robotaxi and other electric vehicles, the Information reported on Thursday, citing people with knowledge of its plans.

The Elon Musk-led firm currently sources most of its EV batteries from other companies, including Panasonic Energy and LG Energy but has been trying to ramp up production of its 4680 battery cells in the United States to lower costs and boost margins.

The development of the 4680 battery has been facing troubles, with the company losing 70% to 80% of the cathodes in test production compared with conventional battery makers, which lose fewer than 2% of their components to manufacturing defects, the report said.

Cathodes, a key part of the battery, helps in creating energy that propels an EV, Reuters reported.

The company has also been trying to scale production of dry-coated version of the 4680 cells but has been struggling with the speed at which they can make the batteries, Reuters had reported last year.

Tesla is planning to introduce the dry cathodes in Cybertruck batteries by the middle of next year, the Information report said, adding that the company plans to make between 2,000 and 3,000 Cybertrucks a week using the dry-coating technology.

By 2026, Tesla plans to introduce four versions of the 4680 that use the dry cathode, one of which, code-named NC05, will power the robotaxi, according to the report.

The EV maker is expected to unveil its long-awaited robotaxi product next week as it looks to shift its focus to AI-powered autonomous technology amid slowing demand for battery-powered cars.