Thalamus Irwine, Triton EV join hands to develop autonomous vehicles in India
Artificial Intelligence firm Thalamus Irwine and electric vehicle company Triton EV on Thursday announced to have joined hands to develop autonomous vehicles in India by 2023.
Artificial Intelligence firm Thalamus Irwine and electric vehicle company Triton EV on Thursday announced to have joined hands to develop autonomous vehicles in India by 2023.
Triton EV has plans to invest Rs 2,100 crore in setting up a factory in Telangana.
See Zee Business Live TV Streaming Below:
"Thalamus Irwine will instal AI based safety system for Triton EV drivers in the first phase. We plan to use data generated from Triton EV and use it for developing autonomous vehicles. We have plans to upgrade the same car into an autonomous vehicle in phase 2 through a firmware update," Thalamus Irwine CEO Rishabh Sharma said.
Triton EV has plans to produce passenger and commercial vehicles as well as automated EVs for defence.
"We plan to roll out the first product from the Telangana factory by August 2022 in phase 1. The phase 2 should begin eight months after the roll out of the first product which will be subject to regulatory approvals," Triton EV chairman and MD Himanshu Patel said
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Bandhan Bank Q4 FY24 Results Preview: PAT, interest income likely to grow in almost double digits; asset quality may improve
Gold and Silver rate today (May 14, 2024): Precious metals trade in green; yellow metal above Rs 72,000 once again, white metal near Rs 85,350
Women loco pilots speak about their struggle; many men have to be informed even for 'washroom break' in a moving train
SIP Returns: How Rs 3,000, 5,000, and Rs 10,000 SIPs can help you build retirement corpus of Rs 1.06 cr, Rs 1.77 cr, and Rs 3.53 cr
03:10 PM IST