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AMD to invest $400 million in India by 2028: Here’s what we know

US chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru. AMD’s announcement was made by its Chief Technology Officer Mark Papermaster at an annual semiconductor conference that started Friday in Prime Minister Narendra Modi’s home state of Gujarat. Other speakers at the flagship event include Foxconn Chairman Young Liu and Micron CEO Sanjay Mehrotra. Despite being a late entrant, the Modi government has been courting investments into India’s nascent chip sector to establish its credentials as a chipmaking hub. AMD said it will open its new design centre campus in Bengaluru by end of this year and create 3,000 new engineering roles within five years. “Our India teams will continue to play a pivotal role in delivering the high-performance and adaptive solutions that support AMD customers worldwide,” Papermaster said. The new 500,000-square-foot (55,5...
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Okaya launches Faast electric scooter to rival Ola S1, Ather 450X: Check driving range, other details

Okaya Electric Vehicles has launched a new electric scooter called Faast in India. The “high-speed” scooter was launched at the EV Expo 21 at Greater Noida. The new electric scooter plans to take on competition like Ola Electric‘s Ola S1, Ather Energy‘s 450X as well as multiple offerings from Hero Electric.

Pricing

The new electric scooter has been priced at Rs 89,999, (prior to any of the state subsidies). For buyers interested in purchasing the scooter, the company is charging a booking amount of Rs 1,999. Through Okaya website and the dealerships.

Okaya Faast Details

The new Okaya Faast is claimed to provide a driving range ranging from 150km to 200 km, depending on the driving conditions and the driving style.

The electric scooter provides a top speed of up to 70 kmph, according to the company. The e-scooter is powered by a 4.4kW lithium phosphate battery.

In terms of equipment list, it has a few IoT functions along with all LED lights, digital instrument cluster, daytime running lights and combi braking system.

Apart from the new electric scooter, the company also showcased the new e-motorcycle Ferrato. The launch date of the same hasn’t been disclosed yet.

According to the company, the e-bike comes with a 2-kilowatt motor and 3-kilowatt battery. The Ferrato motorcycle will carry a top speed of 80-90 kmph while having a range of up to 100 km with a single charge.

“Okaya is fully dedicated to realise the vision of making India a 100 per cent EV nation. With the launch of our Okaya Faast, we have showcased our renewed commitment towards bringing innovative, low-cost but high-performance e-scooters to accelerate the adoption of EVs in the country,” said Anil Gupta, Managing Director, Okaya Power Group.

“With our exclusive ‘Okaya Faast e-scooters’ we are targeting the massive demand for high-performance EVs in the market in sync with changing preferences of the consumers,” said Anshul Gupta, Director, Okaya Power Private Limited.

The post Okaya launches Faast electric scooter to rival Ola S1, Ather 450X: Check driving range, other details appeared first on BGR India.



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