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Tesla vs Rivian: Five Ways the Two EV Firms Compare

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Rivian made its Nasdaq debut on Wednesday after elevating almost $12 billion (roughly Rs. 89,381 crore) in an upsized provide that made it one of many largest ever preliminary public choices.

Like different electrical automobile startups, Rivian goals to trip the rising demand for zero-emission automobiles to a place that rivals market chief Tesla.

While additional again on the expansion curve than Tesla and its Chief Executive Officer Elon Musk, listed below are 5 areas the place the Irvine, California-based Rivian and CEO R.J. Scaringe examine with the EV market chief.

Market cap

Tesla, based in 2003, is essentially the most precious carmaker on the earth, however its inventory declined just lately after Musk polled Twitter customers about promoting 10 p.c of his stake within the firm. Despite briefly falling out of the $1 trillion (roughly Rs. 74,49,122 crore) market-value membership on Wednesday, Tesla rallied and its market cap now stands at $1.05 trillion (roughly Rs. 78,21,579 crore).

Rivian, based in 2009, made its Nasdaq market debut on Wednesday after its blockbuster IPO and initially was buying and selling with a market capitalization of almost $100 billion (roughly Rs. 7,44,912 crore). That makes it the second most useful US automaker, forward of General Motors at about $87 billion (roughly Rs. 6,48,027 crore), Ford at about $79 billion (roughly Rs. 5,88,439 crore), and Lucid at about $70 billion (roughly Rs. 5,21,401 crore).

Global gross sales

Tesla delivered greater than 600,000 automobiles from January to September this 12 months. Once two further factories below building open later this 12 months, gross sales will rise additional. Tesla’s income within the third quarter rose 57 p.c to $13.76 billion (roughly Rs. 1,02,488 crore) from a 12 months earlier.

Rivian simply began promoting its first automobile, the R1T pickup truck.

Assembly vegetation/ Employees

Tesla has meeting vegetation in Fremont, California and close to Shanghai and is constructing factories in Austin, Texas, and Berlin. At the tip of final 12 months, Tesla employed nearly 71,000 individuals globally.

The two current vegetation can have annual manufacturing capability of 1 million automobiles by the tip of 2022, and that may double as soon as two further vegetation open, based on estimates by Wedbush.

Rivian has an meeting plant in Normal, Illinois that may construct 150,000 automobiles a 12 months and can broaden to 200,000 by 2023. It has stated it can construct a second US plant and finally plans so as to add factories in China and Europe. Rivian presently employs 9,500 individuals.

Rivian’s Scaringe informed Reuters the corporate is aiming to construct no less than a million automobiles a 12 months by the tip of the last decade.

Types of automobiles

Tesla’s Model 3 sedan is the best-selling electrical automobile on the earth. It additionally provides the Model S sedan, Model X SUV and Model Y crossover. It plans to finally provide the Cybertruck electrical pickup, a second-generation roadster and a Class 8 semi-trailer truck.

Rivian presently builds the R1T pickup in Illinois and can quickly add the R1S SUV in addition to a supply van for its largest shareholder Amazon. It has stated different automobiles off the R1 platform might be added by 2023, together with lower-priced fashions based on Scaringe. It additionally plans so as to add different industrial automobiles on prime of the Amazon van, he stated.

Partners

Tesla has taken extra of a go-it-alone route, vertically integrating manufacturing of battery cells and design of self-driving chips.

Rivian has a deal to supply Amazon, which has a 20 p.c stake within the startup, with 100,000 vans by 2025. In addition, Ford, one other massive stakeholder, has repeatedly stated its funding in Rivian is strategic, regardless that it beforehand canceled the Lincoln SUV that may have been constructed on a Rivian platform. Rivian additionally intends to vertically combine manufacturing of battery cells.

© Thomson Reuters 2021


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Xiaomi to Open Car Plant in Beijing With Annual Output of 300,000 Vehicles

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Chinese smartphone big Xiaomi will construct a plant that may produce 300,000 automobiles yearly in Beijing for its electrical automobile unit, authorities within the capital stated on Saturday.

The plant will probably be constructed in two phases and Xiaomi will even constructed its auto unit’s headquarters, gross sales, and analysis workplaces within the Beijing Economic and Technological Development Zone, the government-backed financial improvement company Beijing E-Town stated on its official WeChat account.

Beijing E-Town stated it anticipated the plant reaching mass manufacturing in 2024, a aim introduced by Xiaomi’s Chief Executive Lei Jun in October.

In March, Xiaomi stated it will decide to investing $10 billion (roughly Rs. 75,000 crores) in a brand new electrical automotive division over 10 years. The firm accomplished the enterprise registration of its EV unit in late August.

The firm has been opening 1000’s of shops to spur home gross sales development for its smartphone enterprise however finally intends to make use of these outlets as a channel for its plans to promote electrical automobiles.

© Thomson Reuters 2021


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Astronomers Find Two New Galaxies ‘Hiding’ Behind Curtain of Dust

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The mysteries trapped within the corners of the universe are way more thrilling than anybody may ever think about. With every passing day and month, astronomers discover new riddles and remedy them in what’s as puzzling as they’re pleasant. Sometimes astronomers discover issues in a spot they least count on them to be. And that is precisely what has occurred with a gaggle of astronomers on the lookout for a easy pattern of distant galaxies. Using radio waves, they found two “invisible” galaxies hiding behind a curtain of mud close to the daybreak of the universe. This curtain of mud was hitherto obscuring the galaxies from their view. The galaxies have been named REBELS-12-2 and REBELS-29-2 and they’re among the many most distant recognized galaxies.

Although the sunshine from them has travelled 13 billion years to achieve Earth, the galaxies are literally a lot farther away than that now — a staggering 29 billion light-years away. This is as a result of the universe repeatedly expands. The astronomers used the Atacama Large Millimeter Array (ALMA), which captures radio waves.

The researchers have detailed their discovery in a paper revealed within the Nature journal. The examine suggests that there have been way more galaxies within the early universe than beforehand thought and raises new questions on our understanding of the universe. The astronomers have calculated that 10–20 p.c of galaxies from the early universe could also be hiding behind mud clouds, ready to be found sometime.

Astronomers normally use the Hubble Space Telescope to check cosmic mysteries. Though it has probably the most unobstructed view of the universe, Hubble cannot see every part because it watches the skies largely in ultraviolet and visual wavelengths of sunshine. So this group of astronomers used the ALMA telescope, which operates at wavelengths of 0.32mm to three.6mm.

Pascal Oesch, an writer of the examine, mentioned they had been taking a look at a gaggle of very distant galaxies with ALMA after which they seen that two of them had a neighbour that wasn’t anticipated “to be there at all.” Both these neighbouring galaxies were surrounded with dust which blocked some of their light and Hubble couldn’t see them.

“We are attempting to place the large puzzle concerning the universe’s formation collectively and reply probably the most primary query: ‘Where does all of it come from?’” Oesch instructed New Atlas.

The astronomers are actually ready for extra highly effective devices to be put in area in order that their work can transfer ahead. One of those energy instruments is the James Webb Space Telescope, which is able to specialse in infrared imaging of the cosmos. It is ready to launch in the direction of the tip of this yr, probably on December 22.


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Samsung Galaxy A13 4G With Quad Rear Cameras May Come Soon

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Samsung Galaxy A13 4G specs have surfaced on the Web. The new Samsung cellphone is claimed to have quad rear cameras and are available a plastic construct. Although Samsung has not but made an announcement in regards to the new mannequin, the Galaxy A13 4G manufacturing is claimed to be began on the firm’s facility in India. Samsung Galaxy A13 4G is imagined to be within the works alongside its 5G variant that’s already part of the hearsay mill.

Citing individuals acquainted with the event, 91Mobiles reviews that the Samsung Galaxy A13 4G manufacturing has began on the firm’s Greater Noida manufacturing facility. The cellphone is claimed to have a plastic rear panel with a shiny end.

On the specs half, Samsung Galaxy A13 4G is claimed to have a vertically aligned quad rear digital camera setup and a USB Type-C port. The cellphone would additionally include a 3.5mm headphone jack for audio output. Further, the Galaxy A13 4G is claimed to have an influence button and a quantity rocker on the proper and a loudspeaker grille on the backside.

Other particulars in regards to the Galaxy A13 4G are but to be revealed.

A current report prompt that Samsung Galaxy A13 4G might include a mannequin quantity SM-A135F, whereas its 5G mannequin may carry SM-A136B mannequin quantity.

Samsung Galaxy A13 5G is imagined to be the firm’s most cost-effective 5G cellphone. It is rumoured to have a 50-megapixel major digital camera sensor on the again. The cellphone can be tipped to have an octa-core MediaTek Dimensity 700 SoC below the hood.

Some official-looking pictures of the Galaxy A13 5G appeared on-line a few occasions previously. Those pictures prompt that the cellphone may function a waterdrop-style show notch and carry triple rear cameras. The Galaxy A13 5G additionally appeared on the Bluetooth SIG certification web site.

Samsung has not but offered any official particulars in regards to the Galaxy A13 fashions. Nevertheless, the current rumours prompt that no less than the 5G variant of the Galaxy A13 would debut someday by the top of the 12 months.


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Jagmeet Singh writes about shopper know-how for Gadgets 360, out of New Delhi. Jagmeet is a senior reporter for Gadgets 360, and has continuously written about apps, laptop safety, Internet companies, and telecom developments. Jagmeet is on the market on Twitter at @JagmeetS13 or Email at [email protected] Please ship in your leads and ideas.
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