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Gogoro delays India plans due to political uncertainty, launches bike taxi pilot with Rapido

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Gogoro India launch in New Delhi in December 2023

Taiwanese electric two-wheeler maker Gogoro has shelved its ambitious plans for India as New Delhi has not yet launched a much-anticipated battery-swap programme, an organization executive said. In the meantime, the corporate has began piloting bike taxis with aggregator Rapido to test its vehicles before industrial launch.

Gogoro is “forced to wait for the finalization of incentive programs” from the Indian government before ramping up vehicle sales and battery production within the country, said co-founder and CEO Horace Luke he said throughout the company Q2 earnings call on Thursday.

“We had forecasted revenue from India in 2024, but due to the delay in the implementation of subsidies for battery-swap vehicles, most of it is now forecasted in 2025,” the manager told investors.

Luke also highlighted that the corporate is working with India’s Ministry of Heavy Industries to be sure that the federal government’s anticipated version of the Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles (FAME 3) program delivers the identical advantages to swappable battery vehicles and infrastructure because it has previously provided for EV charging.

In 2019, the Indian government released FAME 2 with a budget of $1.19 billion (Indian Rs 10,000 crores) to subsidise electric vehicle buyers within the country. expanded to over $13 billion in February this yr, although this system ran until March 31.

Despite the delay in its original plans, Gogoro is bullish on India, as its domestic market has been stagnant. In December, the corporate launched a battery-swapping network and three smart scooters within the Indian market to kick-start its expansion.

“We continue to operate at a loss and continue to invest in growth because we believe the markets we’re targeting, India, Southeast Asia and other markets, are ripe for electric vehicle disruption,” Luke said on an earnings conference call.

Gogoro’s chief executive said it had launched a pilot program in partnership with ride-hailing startup Rapido, without disclosing further details.

Rapido co-founder and CEO Aravind Sanka confirmed to TechCrunch that the pilot program is currently underway in New Delhi and can eventually cover around 1,000 Gogoro vehicles.

Depending on the success of the pilot, corporations will resolve to expand it, Sanka said.

Gogoro began eyeing India as its next big market in 2021, tying up with Indian auto giant Hero MotoCorp. It also invested $1.5 billion in Maharashtra last yr and backed electric vehicle fleet management startup Zypp Electric in a $25 million round to test operations within the country.

During the earnings conference call, Luke said Gogoro is “actively working with five local Indian electric two-wheeler manufacturers and has commenced vehicle testing to deploy Gogoro’s connected solutions in the country.”

“This collaboration brings a variety of products to the market at lower price points and the commencement of testing of these solutions marks an exciting step forward in expanding our presence and offering a wider choice of vehicles to B2B customers in India,” he said.

In an interview with TechCrunch last yr, Luke said the corporate had invested “tens of millions” of dollars in India and was looking to invest extra money there.

In the second quarter, Gogoro recorded greater than 6,500 orders for its Pulse and HIS vehicles, price $12.3 million. However, the corporate noted in its 2024 outlook that the Taiwanese two-wheeler market is weaker, with “strong sales” of its HIS putting pressure on the common selling price.

This article was originally published on : techcrunch.com
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US medical device giant Artivion says hackers stole files during a cybersecurity incident

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Artivion, a medical device company that produces implantable tissue for heart and vascular transplants, says its services have been “disrupted” resulting from a cybersecurity incident.

In 8-K filing In an interview with the SEC on Monday, Georgia-based Artivion, formerly CryoLife, said it became aware of a “cybersecurity incident” that involved the “compromise and encryption” of information on November 21. This suggests that the corporate was attacked by ransomware, but Artivion has not yet confirmed the character of the incident and didn’t immediately reply to TechCrunch’s questions. No major ransomware group has yet claimed responsibility for the attack.

Artivion said it took some systems offline in response to the cyberattack, which the corporate said caused “disruptions to certain ordering and shipping processes.”

Artivion, which reported third-quarter revenue of $95.8 million, said it didn’t expect the incident to have a material impact on the corporate’s funds.

This article was originally published on : techcrunch.com
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It’s a Raspberry Pi 5 in a keyboard and it’s called Raspberry Pi 500

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Manufacturer of single-board computers Raspberry Pi is updating its cute little computer keyboard device with higher specs. Named Raspberry Pi500This successor to the Raspberry Pi 400 is just as powerful as the present Raspberry Pi flagship, the Raspberry Pi 5. It is on the market for purchase now from Raspberry Pi resellers.

The Raspberry Pi 500 is the simplest method to start with the Raspberry Pi because it’s not as intimidating because the Raspberry Pi 5. When you take a look at the Raspberry Pi 500, you do not see any chipsets or PCBs (printed circuit boards). The Raspberry Pi is totally hidden in the familiar housing, the keyboard.

The idea with the Raspberry Pi 500 is you could connect a mouse and a display and you are able to go. If, for instance, you’ve got a relative who uses a very outdated computer with an outdated version of Windows, the Raspberry Pi 500 can easily replace the old PC tower for many computing tasks.

More importantly, this device brings us back to the roots of the Raspberry Pi. Raspberry Pi computers were originally intended for educational applications. Over time, technology enthusiasts and industrial customers began using single-board computers all over the place. (For example, when you’ve ever been to London Heathrow Airport, all of the departures and arrivals boards are there powered by Raspberry Pi.)

Raspberry Pi 500 draws inspiration from the roots of the Raspberry Pi Foundation, a non-profit organization. It’s the right first computer for college. In some ways, it’s a lot better than a Chromebook or iPad because it’s low cost and highly customizable, which inspires creative pondering.

The Raspberry Pi 500 comes with a 32GB SD card that comes pre-installed with Raspberry Pi OS, a Debian-based Linux distribution. It costs $90, which is a slight ($20) price increase over the Raspberry Pi 400.

Only UK and US keyboard variants will probably be available at launch. But versions with French, German, Italian, Japanese, Nordic and Spanish keyboard layouts will probably be available soon. And when you’re in search of a bundle that features all the things you would like, Raspberry Pi also offers a $120 desktop kit that features the Raspberry Pi 500, a mouse, a 27W USB-C power adapter, and a micro-HDMI to HDMI cable.

In other news, Raspberry Pi has announced one other recent thing: the Raspberry Pi monitor. It is a 15.6-inch 1080p monitor that’s priced at $100. Since there are quite a few 1080p portable monitors available on the market, this launch is not as noteworthy because the Pi 500. However, for die-hard Pi fans, there’s now also a Raspberry Pi-branded monitor option available.

Image credits:Raspberry Pi

This article was originally published on : techcrunch.com
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Apple Vision Pro may add support for PlayStation VR controllers

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Vision Pro headset

According to Apple, Apple desires to make its Vision Pro mixed reality device more attractive for gamers and game developers latest report from Bloomberg’s Mark Gurman.

The Vision Pro was presented more as a productivity and media consumption device than a tool geared toward gamers, due partly to its reliance on visual and hand controls moderately than a separate controller.

However, Apple may need gamers if it desires to expand the Vision Pro’s audience, especially since Gurman reports that lower than half one million units have been sold to this point. As such, the corporate has reportedly been in talks with Sony about adding support for PlayStation VR2 handheld controllers, and has also talked to developers about whether they may support the controllers of their games.

Offering more precise control, Apple may also make other forms of software available in Vision Pro, reminiscent of Final Cut Pro or Adobe Photoshop.

This article was originally published on : techcrunch.com
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