Starlink Expands Global Reach into Vietnam and Other Industry Developments

Starlink has secured approval for internet services in Vietnam on a trial basis until 2030, contrasting Italy’s pause in discussions with SpaceX. Tesla upgrades its Cybertruck’s Steer-by-Wire system, while Rivian’s spinoff, Also, raises $105 million for micro EVs. The Financial Times retracted claims of Tesla’s accounting discrepancies, emphasizing the ongoing developments within these sectors.

Starlink has been authorized to launch its internet services in Vietnam on a trial basis, with a duration extending until the end of 2030. During this trial, SpaceX is permitted to have up to 600,000 subscribers and may offer both fixed and mobile internet services, along with aviation plans. Notably, the Vietnamese government has stated there is no limit on foreign ownership of these services, though it remains unclear if SpaceX has submitted a licensing application for operations in Vietnam.

This decision by Vietnam contrasts with Italy’s recent pause in discussions with SpaceX regarding Starlink services. Italy’s Defense Minister, Guido Crosetto, indicated that their negotiations have stalled, primarily due to controversies surrounding Elon Musk. Italy was on the verge of finalizing a significant $1.6 billion contract with SpaceX.

In addition to its expansion into Vietnam, SpaceX is also pursuing Starlink services in India. The company has secured agreements with two leading telecom operators in India but is still awaiting necessary regulatory approval. As it navigates these regulatory waters, SpaceX continues to enhance its service offerings, including plans to roll out a new Starlink dish capable of delivering gigabit speeds.

Rich with innovative technology, Tesla is enhancing its Cybertruck through updates to the Steer-by-Wire system. This system, exclusive to the Cybertruck, improves steering dynamics, making the massive vehicle easier to maneuver in tight spaces. Tesla’s upcoming software update will provide the steering wheel with more realistic feedback, enhancing the driving experience.

Additionally, Rivian’s micro EV spinoff, named Also, has successfully raised $105 million to focus on the development of small electric vehicles. Originally an internal initiative within Rivian, Also aims to adapt Rivian’s technology for compact EVs, including bikes and micro trucks. The startup plans to present its first vehicle designs later this year and aims for production by 2026.

Furthermore, the Financial Times has retracted its earlier claims regarding Tesla’s accounting practices. The publication stated that the discrepancies noted in its initial report could be explained through factors such as asset purchases and property disposals. The retraction has drawn responses from Tesla CEO Elon Musk, who criticized the Financial Times’ handling of financial matters, reflecting growing recognition for Tesla within the EV community despite earlier miscommunication.

In conclusion, Starlink has received permission to launch services in Vietnam while exploring further expansion in India. Concurrently, Tesla continues to innovate with enhancements to the Cybertruck’s steering system. Rivian’s spinoff is actively pursuing the micro EV market, while the Financial Times retracted its report on Tesla’s accounting, illustrating the dynamic landscape of the electric vehicle and space industries.

Original Source: www.teslarati.com