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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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Ola S1 Pro electric scooter price hiked by Rs 10,000; price of S1 remains unchanged

As soon as Ola Electric opened its third purchase window, a price hike was seen in the S1 Pro model’s price. The new price of the S1 Pro electric scooter is Rs 1,39,999, up from Rs 1,29,999. The new price has been updated on the company’s official website.

In March, Ola CEO had revealed that prices of the electric scooter will see an increase in the next purchase window. As expected, prices have increased.

The Bengaluru-based startup has now commenced accepting fresh bookings for the electric scooter. Interested buyers can head over to Ola Electric’s website and reserve a slot for booking the Ola S1 Pro by paying a token amount of Rs 499 token amount. The existing buyers, who have already reserved a slot will be able to buy the Ola S1 Pro by making a deposit of Rs 20,000. Customers who have reserved their slots before will get an early access to the EV.

Recently, Ola Electric conduct a voluntary recall of 1,441 units of its electric scooter Ola S1 Pro days after Union Minister Nitin Gadkari warned EV companies about the fire. One Ola Electric scooter Ola S1 Pro caught fire on March 26 in Pune. The recall will be of the same batch of scooters that were manufactured with the one that caught fire.

Bhavish Aggarwal recently reacted to the govt’s strict warning to EV companies. He said, “It’s important that standards are at a high level. There will be the odd incident with everyone. But we are following high standards, higher than what is mandated. I support penalties for people who don’t support high standards.”

The recent string of events involving electric scooters catching fire has raised concerns about the current safety standards issued by the Govt of India. Apart from a response from the Union Minister Nitin Gadkari, the Niti Aayog has also come up with a draft for EV battery swapping policy.

Ola S1 Pro specifications

Coming to the specifications, the Ola S1 Pro offers a top speed of 115Km per hour with the acceleration of three seconds. It comes with a 8.5Kw that offers a true range of around 135Kms. The electric scooter also sports a seven-inch touchscreen infotainment system and it also features support for Bluetooth connectivity. The EV comes in a total of 10 colour variants for buyers to pick from.

 

The post Ola S1 Pro electric scooter price hiked by Rs 10,000; price of S1 remains unchanged appeared first on BGR India.



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