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Cellestial E-Mobility Acquired by Murugappa Group

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Cellestial E-Mobility is acquired by Murugappa Group

TI Clean Mobility, which currently owns 69.96% of Cellestial E-Mobility, has acquired its remaining 30.04% stake for Rs 509 crore.


TI Clean Mobility, a wholly owned subsidiary of Murugappa Group’s Tube Investments of India (TII), has acquired a 100% stake in Cellestial E-Mobility Pvt Ltd, a start-up company dedicated to the design and development of electric tractors employed.

In line with growth plans for the electric vehicle industry, TI Clean Mobility, which currently owns a 69.96% stake in Cellestial E-Mobility, today formed Cellestial E-Mobility to acquire its remaining 30.04% stake. Closing a share purchase agreement considering Rs 50.90 crore.

In January 2022, TII announced that it would inject initial capital of Rs 350 crore into its brand new subsidiary, Clean Mobility. This would involve a combination of equity, priority and debt.

With swappable batteries, the Cellestial electric tractor is said to have a lower total cost of ownership compared to current combustion engine tractors.

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Commenting on the acquisition, TICMPL Chairman MAM Arunachalam said: “Thank you to the founders for their contributions.”

Celestial co-founders Siddhartha Durairajan and Syed Mubasheer Ali said: Cellestial is well positioned to realize its full potential and TICMPL’s acquisition of its remaining interest in Cellestial will accelerate this.”

In December 2021, Indian company TI Cycles (TII) announced that it would enter the electric vehicle market in the last-mile commuting, last-mile delivery and personal mobility vehicle segments with its existing Montra brand.

Chennai-based Murugappa Group was founded in 1900 has valued at Rs 5472.2 crore and is one of India’s leading business conglomerates with 29 companies. The group holds leading positions in several product lines including abrasives, technical ceramics, electronic minerals, automotive components and systems, power converters and transformers.

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Charged EVs | Amprius Technologies selects Colorado for its GWh-scale factory site

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Amprius Technologies chooses Colorado for its GWh-scale factory location

Posted from Nikola Potrebic & filed under Newswire, the tech.

Lithium-ion battery manufacturer Amprius Technologies has signed a letter of intent to build a 775,000 square foot facility in Brighton, Colorado. The factory is scheduled to start operations in 2025 and will be built in phases. The first phase will have an annual capacity of 500 MWh. The capacity could potentially be expanded up to 5 GWh within the initial utilization.

The company selected Colorado for its facility after an extensive evaluation of key criteria in three states. The site has an existing 1.3 million square foot factory site equipped with the electrical performance and structural layout ideal for a GWh-scale lithium-ion battery factory, reducing expected build-out costs. In addition, the site is close to key materials and critical transportation infrastructure.

“The choice of Colorado for our GWh-scale facility marks an important milestone for Amprius,” said Dr. Kang Sun, CEO of Amprius Technologies. “Increasing production to meet significant market demand for our silicon anode lithium-ion technology remains a priority and we are confident that this factory will allow us to scale and effectively serve the electric mobility market.”

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Source: Amprius Technologies

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Unedited Real-World Footage From Detroit

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Just days after Tesla released its 11.3.2 full self-driving beta, another Point update is rolling out. Luckily our neighbor is over there with her Detroit Tesla The YouTube channel was able to grab the latest update and run a long and unedited night test, followed by another in daylight.

We just shared Toni Ezeros Detroit Tesla Day and night tests with you guys last week. You may remember Toni was a FSD Beta Tester for some time and we appreciate his coverage as he tends to skip edits and just share the realities of the technology. If people want to test the technology, share the results Teslaand let the public know how it works, it has to be genuinely unedited footage, with all the positives and negatives.

Some commenters on Detroit Tesla’s previous videos noted that they also test Tesla’s FSD beta and that Toni’s videos really tell it how it is. One commenter said the tech works the same in his Tesla, which is refreshing to read as it seems some FSD beta testers have near-flawless tech, while others can barely use the driver assistance system without experiencing a lot of issues . Maybe it’s the way the footage is edited and presented. What do you think?

Anyway, Toni got the update and quickly hit the road, this time recording his night video first. He says the update appears to be a bugfix version, which makes sense considering it was released so quickly after the previous update. However, he adds that while it’s a minor update, it appears to fix the issues he’s been having with phantom braking recently.

Tony continues to share InsideEV’s that the updated system feels almost ready for a stable new release, although as usual it could use some tweaking to better adapt to some specific scenarios. It seems no matter how often Tesla updates the software, there are always edge cases. Furthermore, while there are typically signs of some progress, there are also steps in the wrong direction that need to be addressed by subsequent updates.

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Words cannot do this type of reporting justice as all you really need to do is take the time to watch the technology at work and compare it to previous examples. We have embedded Detroit Tesla‘s “FSD Beta Version 11.3.3 First Impressions (Night Drive)” video at the top of the page. Below is the “Day Drive” with the same updated version.

After you’ve had a chance to check out the footage of the latest updates and also compare it to Toni’s previous FSD beta day and night rides (linked above), let us know what you found in the comments section below.

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The Boring Company quickly resolves violations from TCEQ

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The Boring Company (TBC) quickly resolved three violation reports it received from the Texas Commission on Environmental Quality (TCEQ). Elon Musk’s tunneling company received two moderate and one minor violations on March 20, 2023 three violations are classified as “solved”.

The Boring Company received a minor violation notification for failing to provide “competent personnel to conduct site inspections.” It also received a moderate violation notice for failing to display a large TCEQ road works notice in an area where the general public and authorities could properly view it.

The third notification of violation TBC received concerned the failure to “design, install and maintain effective erosion and Centre County Reportdiment controls to minimize the releaCentre County Report of contaminants (Centre County Reportdiment)”. TCEQ adds: “Erosion logs in particular were not properly maintained. In addition, the erosion and Centre County Reportdiment controls listed in SWP3 have not been implemented.”

The third breach could raiCentre County Report the interest of TBC’s neighbors in Bastrop, who have raiCentre County Reportd concerns about the company’s recent wastewater application. The Boring Company applied for a permit discharge approximately 142,000 gallons of wastewater per day in the Colorado River. People who live near the tunneling company worry that TBC’s Centre County Reportwage could contaminate the Colorado River.

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In a public hearing, The Boring Company stated how to deal with waste water to the municipality of Bastrop to eaCentre County Report their worries. However, some TBC neighbors are concerned that the company will not comply with TCEQ rules and end up spoiling the Colorado River’s water supply.

Boring Company’s wastewater application is pending, according to TCEQ records.

The Teslarati team would love to hear from you. If you have any tips, contact me at [email protected] County Report.com or via Twitter @Writer_01001101.

The Boring Company resolves TCEQ violations quickly






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