Saudi Delegation Visits Portugal, Austria to Boost Saudi High-Tech Manufacturing

Saudi Ministry of Industry and Mineral Resources logo
Saudi Ministry of Industry and Mineral Resources logo
TT

Saudi Delegation Visits Portugal, Austria to Boost Saudi High-Tech Manufacturing

Saudi Ministry of Industry and Mineral Resources logo
Saudi Ministry of Industry and Mineral Resources logo

A Saudi Ministry of Industry and Mineral Resources delegation recently visited Portugal and Austria to discuss enhancing cooperation in high-technology manufacturing. The delegation met with government and private entities in both countries.

In Portugal, the delegation, led by the Director General of Manufacturing Localization and Increasing Local Content Engineer Mohammed bin Abdullah al-Janini, held discussions with representatives of the Portuguese Trade and Investment Agency and the Arab-Portuguese Chamber of Commerce and Industry.

The focus was on supporting and stimulating the high-tech manufacturing environment in Saudi Arabia and exchanging expertise in this field. The delegation also visited leading Portuguese factories in the high-tech manufacturing sector, including the Unicorn Factory incubator, which supports startups and entrepreneurs in the technology sector.

In Austria, the delegation visited the United Nations Industrial Development Organization (UNIDO) headquarters to review the Kingdom's efforts to support and develop the industrial environment. Additionally, the delegation discussed the Ministry of Industry and Mineral Resources' preparations to host the Multilateral Industrial Policy Forum 2024 (MIPF) in Riyadh this month.

The visits were part of the ministry's efforts to strengthen international partnerships that aim to support the development of the industrial sector, encourage innovation and knowledge transfer, localize advanced technologies, and enhance the Kingdom's position as a leading industrial center in the region.



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
TT

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.