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Al-Swaha, Leaders of Major Global Technology Companies Discuss Partnerships

Al-Swaha met with executives from Meta, Qualcomm, ServiceNow, Bhartinews, and Builder.ai in Davos. SPA
Al-Swaha met with executives from Meta, Qualcomm, ServiceNow, Bhartinews, and Builder.ai in Davos. SPA
TT
TT

Al-Swaha, Leaders of Major Global Technology Companies Discuss Partnerships

Al-Swaha met with executives from Meta, Qualcomm, ServiceNow, Bhartinews, and Builder.ai in Davos. SPA
Al-Swaha met with executives from Meta, Qualcomm, ServiceNow, Bhartinews, and Builder.ai in Davos. SPA

Saudi Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Swaha held several meetings in Davos with leaders of major international technology companies to discuss the expansion of their projects and innovative solutions in the Kingdom.

The meetings came as part of the Kingdom's participation in the annual meeting of the World Economic Forum in Davos, Switzerland.

Al-Swaha met with executives from Meta, Qualcomm, ServiceNow, Bhartinews, and Builder.ai.

Al-Swaha also held talks with Japanese Minister of Digital Transformation Taro Kano.

The ministers discussed strengthening the strategic partnership between the two friendly countries, joint initiatives, and ways to deepen cooperation in the areas of supporting the growth of the digital economy, innovation, digital entrepreneurship, and encouraging technical investments.

They also discussed the possibility of establishing joint programs to exchange expertise, support government digital transformation, and harness emerging technologies to support the digital economy.

Al-Swaha met separately with Indian Minister for Railways, Communications, and Electronics & Information Technology Ashwini Vaishnaw.
They discussed the progress made in digital and innovative initiatives within the Saudi-Indian Strategic Partnership Council, aimed at supporting the growth of the digital economy and stimulating innovation and entrepreneurship between the two countries.

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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.