Apple stock price suddenly plummeted! The first VR glasses were released, priced as high as RMB 25,000; downtime losses exceeded RMB 100 million, and Vipshop fired the head of the department; Goldman Sachs executives said they made mistakes and did not lay off employees earlier｜Leifeng Morning News

Today’s Headlines

Apple’s first VR glasses are released, priced at up to 25,000

On June 6, Apple held the most powerful WWDC developer conference in recent years. The core protagonist of this conference is the VR glasses Apple Vision Pro, whose hardware is fully capable of "opening up the first year of VR/AR again". It's the first major product launch since 2015's Watch, which is said to be the most advanced personal electronic device ever, with Apple applying for more than 5,000 patents during its development.

Apple Vision Pro is a solution for realizing AR (Augmented Reality) in VR (Virtual Reality). You can switch between VR and AR modes with the button, focusing on gaming, work and communication. Apple Vision Pro is priced at US$3,499, which is approximately 24,860 yuan. Price is the key to determining whether Apple Vision Pro can change the world. Only when the cost is reduced can it become popular. It is reported that Apple Vision Pro will be launched in the United States in early 2024 and will be available in other regions later next year.

On June 5, local time, Apple’s stock price surged soaring after the opening, but suddenly took a sharp turn at the end of the trading day. It is understood that it was during the time when Apple introduced this MR head-mounted device that the company's stock price suddenly plummeted. Some analysts said the reason was that after the product was announced, the price far exceeded market expectations. (For details, please click Apple’s “top”! Apple Vision Pro mixed reality headset released: about 25,000 yuan, M2 and dual 4K screens)

domestic information

With a loss of over 100 million, Vipshop determined that the downtime of computer room 329 was a P0 level accident, and the person in charge was dismissed

On March 29, Vipshop was unable to log in or place an order. On the same day, Vipshop’s official response collapsed: Due to a short-term system failure, the main site’s “Additional Purchase” and other functions may be abnormal. According to an online announcement on June 5, the system failure was due to the computer room being down.

The announcement pointed out that the major fault in the Nansha computer room lasted for 12 hours, causing the company's performance losses to exceed 100 million yuan and affecting more than 8 million customers. The company judged the fault to be a PO-level fault. The announcement stated that the accident revealed that the disaster recovery emergency plan and risk prevention measures were not in place, and the company decided to deal with the incident seriously. The person in charge of the Basic Platform Department was dismissed from his post. (Data center operation and maintenance management)

Seven, the former Douyin product manager, joins the AI company “Shenyan Technology”

According to multiple independent sources, Seven (Wang Jingjin), the former Douyin product manager, recently joined the Tsinghua-based AI startup company "Shenyan Technology". Regarding the above information, Shenyan Technology stated that the news is true, "Seven is a very senior product expert and will be of great help to the direction of our entire product."

Since its establishment, Shenyan Technology has completed three rounds of strategic financing, with investors including Sequoia Seed Fund, Qiji Chuangtan, and Lingyi Venture Capital. It has also been previously reported that Meituan Lianchuang Wang Huiwen's company "Light Years Away" has contacted Shenyan Technology many times, hoping to cooperate on technology. In Shenyan’s recently completed financing, Tencent and TAL appeared in the investment lineup. (36 krypton)

Shanghai Automotive Transmission Company laid off employees, and SAIC Volkswagen Anting Plant 1 was permanently closed

Recently, according to people familiar with the matter, Shanghai Automotive Transmission Company, a subsidiary of SAIC Motor, is laying off employees. As of the end of May, about 300 people had signed negotiated separation agreements or applied for retirement. At the beginning of this year, Shanghai Automotive Transmission Company had more than 1,900 cadres and employees. "Since March, there have been rumors that the layoffs will be relatively large. We must be mentally prepared. In April, various departments will successively start interviews to communicate their whereabouts." An insider speculated that old employees over 50 years old and social recruiters will enter the workforce. The company's young employees who have not obtained leadership positions and whose three-year contracts have expired are the main targets for layoffs, and most of them are employees in functional departments. In November last year, Volkswagen Transmission Company, whose sole business is the production of manual transmissions, issued a letter to all employees stating that it planned to officially cease production at the end of March this year and enter the shutdown and liquidation process. It is reported that Shanghai Volkswagen Powertrain Company may also initiate the closure process. (Sina Finance)

The exhibition car in the mall was driven by a boy and hit the escalator. Ji Krypton responded: No one was injured and the cause is being investigated

Recently, according to media reports, in Xiamen, Fujian, a boy drove the Jikrypton X exhibition car of Jikrypton Motors in a shopping mall. After exiting the booth, it collided with the mall escalator. After the incident, the boy was taken by his guardian. Leave. On June 5, Jikrypton Automobile staff responded that the accident did not cause any casualties and the cause of the accident was under investigation.

Generally speaking, vehicles displayed in shopping malls can only display part of the vehicle's functions and cannot be started and driven out of the booth normally. Some preventive measures will be taken to avoid similar incidents. Judging from the footage taken at the scene, the Krypton X hit the handrail of the escalator after it was started, causing the glass to break, the outer frame of the escalator to deform, and a hole to crack in the area where the car was hit. (Quick Technology)

Xiaomi’s self-developed chip company increased its capital to 1.92 billion, Lu Weibing once said he would never give up

Recently, Shanghai Xuanjie Technology Co., Ltd. has undergone industrial and commercial changes, and the company’s registered capital has increased from 1.5 billion yuan to 1.92 billion yuan. The company's business scope includes integrated circuit chip design and services; sales of semiconductor discrete devices; retail of electronic components, etc., and is wholly owned by X-Ring Limited. It is reported that the establishment of Xuanjie Company was once regarded by the industry as a key step in Xiaomi's road to self-developed chips. At the previous Xiaomi financial report meeting, Xiaomi Group President Lu Weibing said that Xiaomi’s determination to invest in self-developed chips will not waver, and it will be prepared for a protracted war and a long-term struggle of 10 or 20 years. It cannot be a “100-meter race” speed to run a marathon. (Securities Times)

Will the benchmark ChatGPT product be launched next month? Exclusive response from Huawei executives

Recently, news came out in the market that at the Huawei Cloud Developer Conference held in July this year, Huawei will release a multi-modal 100 billion-level large-scale model product that directly benchmarks ChatGPT, called "Pangu Chat". The products are mainly aimed at To B/G government and enterprise customers. On June 5, a Huawei Cloud executive exclusively replied to Observer.com about the news: "Fake." Huawei's official statement did not directly mention the release of the Pangu model. Huawei will not have a name like "Pangu Chat", nor will it "benchmark" industry products.

Since this year, in this round of domestic AI large model competition, Baidu, Alibaba, SenseTime, iFlytek, etc. have successively launched "ChatGPT-like" products and continue to bring the AI concept to a climax, and Huawei has so far , an AI chatbot product like ChatGPT has not yet been launched. (Observer Network)

Foxconn Zhengzhou factory begins mass production of new iPhone 15 series phones

News on June 5, according to media reports in Taiwan, China, Foxconn’s Zhengzhou factory, a subsidiary of Apple’s largest foundry, Hon Hai, launched a new product swearing-in meeting, and Apple’s new iPhone 15 series started mass production. It is expected that the production capacity of the iPhone 15 series will gradually increase from this month. With the official release of the iPhone 15 series in September, it will not only boost Hon Hai’s third quarter performance growth, but also boost Apple supply chain manufacturers such as TSMC and Largan. .

In addition, in order to cope with the manpower demand for mass production of new machines, Hon Hai iDPBG Business Group has increased employee recruitment bonuses from May 29, up to a maximum of RMB 3,500 per person. Since May, Zhengzhou Foxconn iDPBG Business Group has increased recruitment incentives three times. (Xinzhixun)

Zealer founder Wang Ziru was forced to execute 1.98 million, and he once received investment from a fund under Lei Jun’s name

News on June 5, according to the latest information, Wang Ziru recently added information on the person subject to execution, with an execution target of more than 1.98 million yuan. The execution court is the Shenzhen Nanshan District People's Court. Wang Ziru officially established Zealer in 2012, focusing on the output of technological video content, covering a full range of technological life content such as consumer electronics, smart homes, travel methods, entertainment games, etc. Zealer also received investment from Shunwei Venture Capital Fund under the name of Lei Jun, and later received investment from OPPO, Gionee, BBK and other companies. At that time, Zealer was the well-deserved leader in the industry. However, after receiving investment from manufacturers, Zealer’s slogan of “independence, objectivity, and third party” has been constantly questioned, and the content is indeed biased. After the "arrangement" with Luo Yonghao on Youku, the reputation of Zealer and Wang Ziru gradually declined, and the content he produced became less and less. Later, lines such as "Exclusive Moment" in Samsung folding screen videos are still popular today. Being mentioned. Nowadays, Zealer seems to have been packaged and sold. Although the account is still there, a group of people have completely changed. Wang Ziru himself joined Gree and held a senior executive position. He almost never appeared in public and became a legend in the evaluation industry. (Quick Technology)

Chuan Guang Nian Wai received US$230 million in financing, Wang Huiwen denied: the amount and valuation are not accurate

According to reports, Meituan co-founder Wang Huiwen’s AI startup Light Years Away has recently completed a new round of financing of US$230 million (equivalent to RMB 1.63 billion), with a pre-money valuation of US$1 billion. In response to this rumor, Wang Huiwen publicly responded in WeChat Moments: The financing amount and valuation are both inaccurate. (Tencent News Deep Network)

CATL denies that batteries were seized by US Customs

On June 5, an investor asked CATL on an interactive platform. He saw on the public account that the company would no longer supply Tesla North America. Is it true? CATL stated that the news was untrue and that the strategic partnership between the company and its customers has not changed and will continue to be deepened and improved. In addition, some investors asked whether the company's batteries were seized by US Customs? Ningde Times said that after verification, there was no relevant situation. (Xinhua Finance, Phoenix Technology)

Exposed iOS 17 embraces third-party app stores: domestic users have no chance

News on June 5, according to media reports, Apple iOS 17 will open third-party app stores this fall and support sideloading. This is an adjustment Apple has to make in the face of the EU’s Digital Market Law. The report also pointed out that Apple’s iOS 17 sideloading solution is only available in the European Union. Apple has no plans to apply this feature on a large scale, which means that domestic users will not experience the sideloading function. After sideloading is enabled, iPhones do not need to download apps from the App Store. Users can choose their own ways to install apps, such as downloading them directly from the official websites of some apps or downloading them from third-party app markets. This is similar to how Android phones currently play. Apple CEO Cook is firmly opposed to sideloading. He once said in an interview that if you want to sideload, you can buy an Android phone. (Quick Technology)

The average daily number is less than 10, and many places have pressed the “pause button” on online car-hailing services

Recently, as the online ride-hailing travel market is gradually recovering, risk warnings for the online ride-hailing industry have been issued again and again, and the "pause button" has even been pressed. According to the Changsha Transportation WeChat public account, starting from May 16, Changsha City has suspended the acceptance of new online ride-hailing transportation certificate businesses. Those that have been accepted before will be processed according to normal procedures. Prior to this, Dongguan, Sanya, Wenzhou, Jinan, Suining and many other places had successively issued online ride-hailing saturation warnings, reminding local online ride-hailing bikes that the average daily number of bicycle orders was less than 10. However, while the average daily number of online ride-hailing orders is gradually decreasing, the number of newly added operating vehicles and the number of drivers who have obtained online ride-hailing driver's licenses continues to rise. Data from the Ministry of Transport shows that as of March 31, a total of 307 online ride-hailing platform companies across the country have obtained online ride-hailing platform operating licenses, an increase of 4 from the previous month; a total of 5.229 million online ride-hailing driver licenses and 2.25 million vehicle transportation certificates have been issued across the country. million, a month-on-month increase of 1.0% and 2.7% respectively. (NetEase Technology)

Experts say that layoffs by car companies may last for 5 years. Global car companies are engaging in price wars while laying off employees

Beginning in February this year, many car companies around the world implemented a new round of layoffs. Traditional car companies have made heavy layoffs, with many car companies laying off hundreds to more than a thousand people. Ford Motor Co. laid off about 11% of the company's employees in Europe; General Motors laid off hundreds of full-time contract employees at its suburban Detroit engineering center; Volvo plans to lay off about 1,300 office employees in Sweden; Jiangsu Yueda Kia arranged for management employees to take turns in batches. New energy vehicle companies have also joined the ranks of layoffs. Lucid, a new American car-making force, will lay off about 18% of its employees, or about 1,300 employees; Polestar Motors, which was born out of Geely and Volvo, has laid off 10% of its employees globally and has frozen recruitment.

Zhang Xiang, a visiting professor at Huanghe University of Science and Technology, analyzed that two major trends in the automobile industry are inevitable, one is the transformation of new energy sources, and the other is the large-scale popularization of smart cars. It will take at least 5 years to realize the above trends. Once the industry begins to take shape and the market structure stabilizes, large-scale layoffs may be stopped. (NetEase Technology)

The world's first manned "flying saucer" took off in Shenzhen: amphibious take-off and landing, fastest 50km/h

According to news on June 5, the world's first manned "flying saucer" officially took off at Shenzhen Talent Park recently, attracting a lot of attention. According to the "Shenzhen Release", this "UFO" was produced in Shenzhen. It is a vertical take-off and landing UFO manned aircraft. It comes from Shenzhen UFO Technology Co., Ltd. and was held at the Shenzhen Nanshan Low-altitude Economic Investment Promotion Conference and Industry Development Forum. performed. After more than three years of research and development, this product was finally manufactured and became the world's first electric vertical manned flying saucer.

As you can see from the picture, the shape of this aircraft is very similar to the flying saucer in film and television works. The part where people sit in the middle is a transparent hemisphere, which can provide a good field of vision. At present, this product is mainly used in tourism and advertising performances, and has obtained a global invention patent. The flight time can reach 15 minutes, the flight altitude can reach 200 meters, the maximum horizontal flight speed can reach 50 kilometers per hour, and it can also flexibly switch between automatic driving and manual driving modes. (Sina Technology)

Liu Cixin revealed that she used ChatGPT to write speeches

Recently, when Liu Cixin was a guest in Yu Minhong’s live broadcast room, she said that ChatGPT will definitely have a great impact on human beings’ way of survival and society, but this impact is not as high as that in science fiction novels such as artificial intelligence dominating mankind. The current impacts are very real, for example, it may replace the jobs of quite a few people. He revealed that one or two of his manuscripts at science fiction conferences were written by GPT. He really didn't have time, but he wrote them very well. (IT Home)

Hanzo Forest Clone is temporarily offline: still in closed beta

On June 5, some netizens discovered that the virtual human leisure and entertainment platform X Eva was suspected of removing AI clones such as the Internet celebrity "Hanzo Forest". After calling the investment hotline as an intended trial user, the operator of the other party said: "Hanzo Forest" clone is currently still in internal testing, and the internal testing quota is full, so it will be offline first. It is currently being adjusted, and other virtual people are not yet visible. (Ifeng Technology)

International Information

It is reported that multiple server providers are pursuing arrears from Twitter, and some of the payments are overdue for 2 months

According to reports on May 22, server suppliers MiTAC and Wiwynn are currently pursuing arrears from Twitter and are expected to recover part of the money in the second quarter. According to reports, MiTAC announced the inclusion of bad debt losses of NT$1.4 billion (note: currently about 323 million yuan) in the fourth quarter of 2022. MiTAC noted that collections from U.S. customers were not progressing as expected. MiTAC CEO He Jiwu confirmed the news and said that he would do his best to negotiate repayment with customers. MiTAC expects that there is a chance of recovering NT$274 million (currently about 63.294 million yuan) in arrears in the second quarter, but the company also emphasized that the actual amount recorded should prevail. The report also said that Weiying, another server supplier to Twitter, has accounts receivable as high as NT$30.374 billion (currently about 7.016 billion yuan). It is reported that Wiwynn revealed in its financial report that NT$660 million (currently approximately NT$152 million) in accounts receivable has been overdue for more than 2 months, and has been included in credit losses of NT$129 million (currently approximately NT$29.799 million). Yuan RMB). Sources pointed out that this amount is also owed by Twitter. (TechWeb)

Musk: Tesla FSD temporarily puts safety over comfort

Tesla CEO Elon Musk said over the weekend that the company’s Fully Self-Driving (FSD) software beta will temporarily put safety over comfort. Musk added that when Tesla becomes confident in the safety of the FSD beta, comfort will follow. Musk was responding to a tweet from well-known technology blogger Robert Scoble. Scober, who recently received FSD beta 11.4.2, said that while Tesla fixed two permanent bugs on his route to school in the latest update, there are more that need to be fixed. The blogger added that the number of times he feels scared every time he drives is decreasing, "but in order to earn our trust, it must never scare us on any drive." He added: "I feel Tesla's Artificial intelligence is accelerating because it has fewer bugs to fix. It will take an update or two to validate my theory." (Global)

OpenAI website visits soared to 1 billion times, ranking among the Top 20 most visited websites in the world

According to news on June 5, the latest data shows that a total of 847 million users visited the website of the artificial intelligence research company OpenAI in March this year, an increase of 54% from February. OpenAI website visits soared to 1 billion times, ranking among the top 20 most visited websites in the world. OpenAI, the developer of the popular chatbot ChatGPT, saw monthly unique visits to its website soar to 1 billion in March. According to research by marketing agency VezaDigital, a total of 847 million users visited OpenAI's website in March, a month-on-month surge of more than 54%. If we look at online visits alone, OpenAI has ranked among the 20 most visited websites in the world. (Redhub)

European electric vehicle sales surpassed fuel vehicles for the first time, with nearly 560,000 units sold in the first four months

News on June 5, according to foreign media reports, the European Automobile Manufacturers Association (ACEA) stated on the 4th that in the first four months of this year, a total of 559,733 electric vehicles were sold in 30 European countries, a year-on-year increase of 37%. During the same period, European fuel vehicle sales were only 550,391 units, a year-on-year decrease of 0.5%. This also means that in Europe, where fuel vehicles were first developed and sold, electric vehicles have historically surpassed fuel vehicles. Data show that the sales of electric vehicles in Europe in 2019 (360,164 units) were only one-tenth of the sales of fuel vehicles. However, just three years later in 2022, the gap between the two parties has narrowed to more than 60,000 vehicles. Last year, 1,637,766 gas-powered cars were sold in Europe, while 1,577,079 electric cars were sold. Some analysts believe that the ebb and flow of sales between the two is largely due to a series of environmental protection bills introduced by the European Union aimed at reducing carbon emissions. These bills have been accelerating the pace of consumers choosing electric vehicles. (IT Home)

Ford recalls more than 140,000 Lincoln MKC vehicles in the United States because battery monitors pose a risk of catching fire

According to news on June 5, Ford recently announced that it will recall 142,734 Lincoln MKC vehicles in the U.S. market. Ford stated that the recalled vehicles are 2015-2019 models, and the reason for the recall is that the vehicle battery monitoring sensor has the risk of short circuit and overheating. According to the recall announcement, the location of the sensor may cause the battery or related components that repair this area to be easily damaged, which may in turn cause the sensor to short-circuit, causing the engine to catch fire while the vehicle is parked or driven. According to foreign media reports, there have been 19 reports of hood fires on MKC models so far, and in 7 of the accidents, the vehicles were stalled and parked when the fire broke out. Ford said it has received no reports of casualties related to the accident. Ford says owners of 2015-2019 Lincoln MKC vehicles should park their vehicles outdoors and away from buildings. Ford will add a push-in fuse to the battery monitoring sensor that will cut power to the sensor if a short circuit occurs. It is reported that this recall also covers some 2021 Ford Expedition and Lincoln Navigator. (IT Home)

Microsoft hopes to put pressure on the British government to express its dissatisfaction with the rejection of the Riot acquisition

According to foreign media reports, Microsoft President Brad Smith will meet with UK Chancellor of the Exchequer Jeremy Hunt next week to express his support for the UK Competition and Markets Authority (CMA) decision to block the Activision Blizzard acquisition. dissatisfaction. Brad Smith will give a speech in London "on the potential of AI and the need for thoughtful regulation of it," and he will also hold private discussions on other issues, including the Activision Blizzard acquisition. Brad Smith is said to be meeting with Microsoft's legal representatives this week to discuss the company's strategy in response to the CMA decision, which includes "extreme" options such as having Activision withdraw from the UK market or bypassing the UK's The decision was made to move forward with the transaction. In theory, if Activision's operations move to another European country outside the jurisdiction of the CMA, its games can continue to be sold through distributors. Microsoft's appeal against the UK's CMA's decision to block its acquisition of Activision Blizzard is set to begin in July. (NetEase)

Goldman Sachs executive once said it was a mistake not to lay off employees sooner

According to reports, Goldman Sachs CEO David Solomon said at a private gathering of company executives in January that he had made a mistake by not laying off employees earlier. Goldman Sachs unveiled a $1 billion cost-cutting plan in February, with $600 million coming from earlier layoffs and replacement hiring restrictions. In fact, in U.S. investment banks with a "wolf culture", layoffs are common. For example, Goldman Sachs conducts this kind of review every year, but it was suspended during the COVID-19 epidemic. Moreover, the ultra-low interest rates and the bull market that started in 2020 have actually pushed some institutions to reverse course. Potential expansion. Today, faced with a federal funds rate as high as 5% and sluggish primary market transactions, layoffs and cost reduction seem inevitable. (China Business News)

2023Q1 global 5G mobile phone market Apple/Samsung/Xiaomi rank among the top three

Recently, the research institution TechInsights released a report that in the first quarter of 2023, global 5G handset shipments increased by 3.9% year-on-year. Among them, Apple, Samsung, and Xiaomi ranked among the top three in market share. Apple topped the list with a share of 32%, and Samsung is 21%, Xiaomi is 12%. In terms of regions, North America, Western Europe and Asia-Pacific are the main markets for 5G mobile phones. In terms of countries, China accounted for the highest proportion of shipments in the first quarter, followed by the United States and South Korea. These three countries led the 5G smartphone market.

Looking by brand, Xiaomi performed well in Central and Eastern Europe, ranking first in market share. Apple ranked first in 5G mobile phone shipments in the first quarter in North America, Western Europe, Central and Latin America, the Middle East, Africa and the Asia-Pacific region. (Jiweiwang)

Musk’s dinner in China cost 45,000 for 22 people

Tesla CEO Musk came to Beijing during his visit to China, and the first dinner of the day became the focus of many curious netizens. It is reported that the price receipts of the dinner menu are suspected to have been exposed. The consumption amount reached about 45,000 yuan, with a total of 22 participants, and the average consumption per person was about 2,056 yuan.

According to the photo of the receipt, there are 16 dishes in the dinner, among which the most expensive single item is 5,988 yuan. (DoNews)

Streaming music giant Spotify will lay off 2% of its workforce

Streaming media giant Spotify announced on Monday that it would lay off 200 people, accounting for about 2% of its total employees, as part of the "strategic adjustment" of its podcast division. According to U.S. Securities and Exchange Commission filings, Spotify had 8,359 employees worldwide in 2020, of which 4,332 were located in the United States.

Sahar Elhabashi, vice president and head of podcasting at Spotify, announced the layoffs in a publicly released memo to employees on Monday and said those affected would receive a "generous severance package," including expanded health insurance coverage and access to Outplacement support. (San Francisco live)

AI-generated photos of Musk’s baby went viral, and I responded: I took too many rejuvenating drugs

Recently, an AI-generated photo of Musk’s baby went viral on social media, triggering heated discussions among netizens. The creator of the photo wrote in the caption: “It is reported that Elon Musk is working on an anti-aging formula. , but the result got out of control.”

Musk himself jokingly responded: "Guys, I think I may have eaten too much," along with a baby emoji. The picture maker then responded: This will give you enough time to go to Mars. (Mobile China)

60-year-old superwoman, Twitter’s new CEO arrives early

Linda Yacarino officially took over as CEO of Twitter, which means that she took office less than four weeks after Musk announced it, half a month earlier than expected, which means that Musk will have more Time "cares" about Tesla.

Linda Yacarino, 60, graduated from the University of Pennsylvania and has worked in leading media companies such as Turner Media and NBC Universal Group. (Super Electric Laboratory)

Japanese company develops AI student assistance system

Artificial Intelligence (AI) has now touched every aspect of people’s lives. Many Japanese companies are developing AI systems for use in classrooms to analyze students' status. According to a report by the Japan Broadcasting Association on the 5th, Konica Minolta recently released an AI-assisted system that can analyze students’ status through photos taken during class, such as assessing students’ gaze direction and the way they raise their hands. Attention level. The company believes that with the help of this system, teachers can communicate with students in a more targeted manner and improve their teaching methods. (Xinhua News Agency)

Tata Group will build India’s first lithium-ion battery gigafactory with an initial investment of 13,000 crore rupees

According to news on June 4, the government of Gujarat, India, announced that the Indian industrial giant Tata Group signed an agreement with the state to build the country’s first lithium-ion battery super factory. Public documents show that on Friday local time, Tata Agaratas Energy Storage Solutions, a subsidiary of Tata Group, signed a memorandum of understanding with the state of Gujarat to build an electric vehicle battery factory with a capacity of 20 gigawatt hours in the state to produce India's first batch of lithium-ion batteries. , with an expected initial investment of nearly 13,000 billion rupees, creating direct and indirect employment opportunities for more than 13,000 people. (IT Home)

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