ACN Newswire
Read More

ION Mobility Closes US$18.7m in Series A funding; Brings TVS Motor Company on Board as Strategic Investor

indie
4 minutes

Singapore, Feb 3, 2023 - (ACN Newswire via SEAPRWire.com) - ION Mobility (ION) today announced new investments of US$18.7 million in its Series A funding round. Additionally, the company also brings TVS Motor Company on board as its strategic investor, through TVS Motor's Singapore subsidiary, TVS Motor (Singapore). As part of this investment agreement, TVS Motor will provide ION with the necessary ecosystem support to be successful in the electric two-wheeler markets of Singapore and Indonesia.ION's latest fundraise and partnership with TVS Motor is to support its vision to build Southeast Asia's leading electric mobility solutions company starting with Indonesia. Other investors include AC Ventures Malaysia, Michael Sampoerna and ION's Chief Manufacturing Officer Ng Ho Sen, with existing investors such as TNB Aura, Quest Ventures, Monk's Hill Ventures, Village Global, GDP Venture and Seeds Capital also participating in the round.Founder and CEO James Chan said, "I am delighted with the vote of confidence that my team and I have received from TVS Motor via our funding round and partnership. We are excited to draw upon TVS Motor's decades of global expertise in two-wheelers to acce...

JCN Newswire
Read More

Fukuoka Prefecture and CJPT Enter Partnership to Implement FC Mobility Expansion Initiatives

ruth
4 minutes

TOKYO, Dec 26, 2022 - (JCN Newswire via SEAPRWire.com) - Fukuoka Prefecture and Commercial Japan Partnership Technologies Corporation (CJPT) have entered a partnership agreement that includes jointly implementing initiatives to expand the adoption of fuel cell electric vehicles (FC mobility) for vehicles that underpin our daily lives in the logistics industry, public transportation, and official government use. The aim is to advance the development of a hydrogen society to achieve carbon neutrality.Hydrogen is being positioned as a key technology for carbon neutrality in the national government's Green Growth Strategy. Fukuoka Prefecture also announced a new hydrogen strategy, the Fukuoka Prefecture Hydrogen Green Growth Strategy, in August of this year. As part of this, the prefectural government will conduct targeted initiatives toward "innovations in hydrogen generation," including expanding the use of green hydrogen, which does not emit CO2 during generation, "expansion of hydrogen use" in factories and mobility, and "concentration of hydrogen-related industries" through these activities. The prefecture is particularly focusing on the early adoption of trucks and other commerci...

JCN Newswire
Read More

Toyota Mobility Foundation Selects Eight Teams as 2022 Finalists in the “Mobility for ALL” Category of its Idea Contest

ruth
3 minutes

TOKYO, Dec 16, 2022 - (JCN Newswire via SEAPRWire.com) - Aiming to realize an "even-better mobility society," the Toyota Mobility Foundation (TMF) has been implementing the Make a Move PROJECT (https://mobility-contest.jp/) since June of this year. A contest, the project aims to implement ideas and solutions in society together with people who have a range of experience and know-how. With a focus on motorsports, in the "Mobility for ALL--Bring the Possibility of Mobility to Everyone" category, ideas for allowing anyone, regardless of the existence of a disability, etc., to enjoy watching motorsports were collected. In October, the 17 teams that passed the first screening round conducted trials to demonstrate the practical societal application of their ideas at locations in Okayama Prefecture, such as the Super Taikyu Race venue.We would like to announce the results of the trials conducted by these 17 teams in Okayama and the new initiatives planned for 2023. The following eight teams were selected based on sustainability and the perspectives of the parties concerned. Each of the eight teams will be awarded a maximum of 20 million yen (for a total of approximately 100 million yen) t...

JCN Newswire
Read More

DENSO Announces Q1 2022 Results, Details Efforts Advancing its Pursuit of Sustainability and Safety

ruth
3 minutes

KARIYA, JAPAN, Jul 29, 2022 - (JCN Newswire via SEAPRWire.com) - DENSO, a leading mobility supplier, today announced global financial results for the first quarter of its fiscal year, ending March 31, 2023. DENSO's efforts and updates continue to be driven by its Two Great Causes: Green - achieving carbon neutrality by 2035 - and Peace of Mind - creating a safe and seamless world for all.As the automotive industry continues to undergo massive change in areas like electrification, autonomous driving and connectivity, as well as face economic challenges, DENSO remains committed to innovations, partnerships, and strategies that will shape the future of mobility while pursuing its Two Great Causes. Activities in Q1 that supported DENSO's causes include:- Co-developing with aerospace leader Honeywell an electric motor for Lilium's all-electric jet. This is the first product developed by Honeywell and DENSO since their alliance, and it marks DENSO's entry into the aerospace market.- Participating in solar projects with the City of Maryville Electric Department, the Tennessee Valley Authority, and Silicon Ranch Corporation that will help power operations at DENSO's Maryville, Tennessee, f...

JCN Newswire
Read More

World first as entire city’s transport network is digitally connected with Hitachi’s new Smart Mobility suite

ruth
8 minutes

GENOA, Italy, Jul 20, 2022 - (JCN Newswire via SEAPRWire.com) - In a move that is set to trigger a revolution in how people around the world will travel in towns and cities, Hitachi Rail has digitally connected public and private hire transport across an entire city. The milestone has been achieved using technology from Hitachi's new smart mobility suite called Lumada Intelligent Mobility Management, launched today.The technology can be used in towns and cities across the world. In the launch programme - in Genoa, Italy - Hitachi has connected 663 buses, 2500 bus stops, the metro line used by 15 million p.a., two funiculars, one historic hillside railway, 10 public lifts and two suburban bus routes that span 50km. Users also have the power - via the touch of a button on their mobile phones - to hire an electric car, pay for parking or find an e-moped.Power to the passengerAs part of the world-first trial, Hitachi's 360Pass smart ticketing app has eradicated the need to purchase a traditional paper ticket ever again; or to "touch-in" or download multiple apps for different transport services.The 360Pass connects Bluetooth sensors that know when a passenger with the mobile app has bo...

ACN Newswire
Read More

Integrated “Future Energy Asia” and “Future Mobility Asia” Exhibition and Summit To Drive Forward ASEAN Energy Transition and Clean Mobility Transformation

indie
8 minutes

BANGKOK, Jul 18, 2022 - (ACN Newswire via SEAPRWire.com) - Endorsed and hosted by Thailand's Ministry of Energy, under the patronage of H.E. Supattanapong Punmeechaow, Deputy Prime Minister of Thailand, the world's largest organiser of energy exhibitions and conferences, dmg events, presents Future Energy Asia and Future Mobility Asia. The combination of events are dedicated to accelerating ASEAN's energy transition and clean mobility missions and will be held from 20 to 22 July 2022, at the Bangkok International Trade & Exhibition Centre (BITEC), Bangkok..An International Renewable Energy Agency (IRENA) report estimates that by 2025, around 20% of vehicles in Southeast Asia will be electric, with around 59 million two- to three- wheelers and 8.9 million four-wheel vehicles(1). Coupled with an expected 60% increase in energy demand by 2040 due to rapid economic growth(2), Southeast Asia represents a market with opportunities for robust multi-billion investments. Strategically positioned in Southeast Asia, and having the strongest presence in automotive sector in the region, Thailand provides an ideal venue for the co-located events of Future Energy Asia and Future Mobility Asia...

ACN Newswire
Read More

AIBP: How Technology Contributes to Economical Gaps in Southeast Asia

indie
5 minutes

Singapore, Jul 13, 2022 - (ACN Newswire via SEAPRWire.com) - Nearly half of ASEAN based respondents perceived legacy IT infrastructure and systems to be a challenge to digital transformation (DX) and innovation projects within their own company, according to a survey conducted by AIBP in 2021. The survey counted 206 professionals in the public services sector across the largest economies in Southeast Asia: Indonesia, Malaysia, Thailand, Philippines & Vietnam. The same survey showed that 60.6% of respondents believe that business intelligence software is the DX solution that brings the largest benefits to their organisation. Sustainability has also been a growing focus in ASEAN, illustrated by the sustainable mobility and energy targets of ASEAN. The Phnom Penh Declaration on Sustainable Urban Mobility is the first Declaration on sustainable transport issued by the ASEAN Transport Ministers focusing on urban and metropolitan regional mobility. The ASEAN Plan of Action for Energy Cooperation demonstrates the region's commitment to achieving the targets on renewable energy share 23% in total primary energy supply, as well as the 35% share in installed power capacity by 2025. The n...

ACN Newswire
Read More

How Technology Contributes to Economical Gaps in Southeast Asia

indie
5 minutes

Singapore, Jul 4, 2022 - (ACN Newswire via SEAPRWire.com) - cThe survey counted 206 professionals in the public services sector across the largest economies in Southeast Asia: Indonesia, Malaysia, Thailand, Philippines & Vietnam. The same survey showed that 60.6% of respondents believe that business intelligence software is the DX solution that brings the largest benefits to their organisation. Sustainability has also been a growing focus in ASEAN, illustrated by the sustainable mobility and energy targets of ASEAN. The Phnom Penh Declaration on Sustainable Urban Mobility is the first Declaration on sustainable transport issued by the ASEAN Transport Ministers focusing on urban and metropolitan regional mobility. The ASEAN Plan of Action for Energy Cooperation demonstrates the region's commitment to achieving the targets on renewable energy share 23% in total primary energy supply, as well as the 35% share in installed power capacity by 2025. The need for education is underlined as well from a 2021 AIBP survey, where the lack of talent and expertise was ranked as the most significant impediment to digital transformation in ASEAN. In advancing these public interests, tech-powere...

JCN Newswire
Read More

Sony and Honda Sign Joint Venture Agreement to Establish New Company, “Sony Honda Mobility Inc.”, to Engage in Mobility Business

ruth
4 minutes

TOKYO, Jun 16, 2022 - (JCN Newswire via SEAPRWire.com) - Sony Group Corporation ("Sony") and Honda Motor Co., Ltd. ("Honda") announced today that they have signed a joint venture agreement to establish a new company to engage in the sale of high-value-added electric vehicles (EVs) and provide services for mobility. Today's announcement is the furtherance and result of discussion of a strategic alliance in the mobility field between the parties as announced in the joint press release entitled "Sony and Honda Sign Memorandum of Understanding for Strategic Alliance in Mobility Field" on March 4, 2022.The new company will aim to bring together Honda's cutting-edge environmental and safety technologies, mobility development capabilities, vehicle body manufacturing technology and after-sales service management experience, with Sony's expertise in the development and application of imaging, sensing, telecommunication, network and entertainment technologies, to realize a new generation of mobility and services for mobility that are closely aligned with users and the environment, and continue to evolve going forward.Sony and Honda plan to establish the new company within 2022 and to begin t...

ACN Newswire
Read More

AFMG appoints Mr. Wilfried Porth as a non-executive director

indie
2 minutes

HONG KONG, Apr 26, 2022 - (ACN Newswire via SEAPRWire.com) - Apollo Future Mobility Group Limited ("AFMG", the "Company", HKEX stock code: 860, together with subsidiaries, the "Group") announces the appointment of Mr. Wilfried Porth, who had been a member of the Board of Management of Daimler AG ("Mercedes-Benz") from 2009 to 2021, as a non-executive director with effect from 1 May 2022. Having served in various positions and different markets in the automotive industry for over 36 years, Mr. Porth will bring to the Group invaluable experience and industry insights.Mr. Porth has extensive international management experience in Europe, Asia, the Americas and Africa, with wide-ranging functional expertise in production, research and development, sales and human resources. During his celebrated career at Mercedes-Benz, Mr. Porth held numerous senior executive positions, which include serving as Head of Mercedes-Benz Vans, Executive Vice President of Mercedes-Benz Transporter, and Chief Executive Officer of Mitsubishi Fuso Truck & Bus Corporation. Mr. Porth has also been a member of the boards of various corporations, organizations and foundations. Mr. Porth obtained a Diplom-Ingen...

JCN Newswire
Read More

Honda Signs Memorandum of Understanding with Teito Motor Transportation and kokusai motorcars as Part of Aim to Launch Autonomous Vehicle Mobility Service in Central Tokyo

ruth
2 minutes

HIROSHIMA, Japan, Apr 21, 2022 - (JCN Newswire via SEAPRWire.com) - Honda Mobility Solutions Co., Ltd. (HMS), a Honda subsidiary for mobility service (MaaS) business in Japan, today announced it has signed a memorandum of understanding (MoU) with two transportation (e.g. taxi and limousine) service providers in Japan, namely Teito Motor Transportation Co., Ltd. (Teito) and kokusai motorcars Co., Ltd. (km Group) to engage in specific discussions about the future of MaaS business in Japan. With an aim to launch an autonomous vehicle mobility service in central Tokyo in the mid-2020s, HMS will study and discuss various matters with the two companies including relevant laws and regulations, service designs and a division of roles and responsibilities among collaborating partners.Future image of Cruise Origin in JapanHonda is aiming to roll out its MaaS service in Japan in the mid-2020s using the Cruise Origin, a vehicle Cruise, General Motors and Honda are jointly developing exclusively for use in an autonomous vehicle mobility service.HMS is responsible for such Honda MaaS business operations in Japan and strives to offer new on-demand driverless mobility services to resolve various t...

JCN Newswire
Read More

Sony and Honda Sign Memorandum of Understanding for Strategic Alliance in Mobility Field

ruth
3 minutes

TOKYO, Mar 4, 2022 - (JCN Newswire via SEAPRWire.com) - Sony Group Corporation ("Sony") and Honda Motor Co., Ltd. ("Honda") today announced that they have agreed to deepen discussion and exploration of forming a strategic alliance that aims to create a new era of mobility and mobility services. Specifically, the two companies have signed a memorandum of understanding that outlines their intent to establish a joint venture ("New Company") through which they plan to engage in the joint development and sales of high value-added battery electric vehicles (EVs) and commercialize them in conjunction with providing mobility services.The two companies will proceed with negotiations toward executing various definitive binding agreements, including a joint development agreement and a joint venture agreement, with a goal of establishing the New Company within 2022, subject to execution of the definitive agreements and relevant regulatory approvals.This alliance aims to bring together Honda's mobility development capabilities, vehicle body manufacturing technology and after-sales service management experience cultivated over many years, with Sony's expertise in the development and application ...

ACN Newswire
Read More

APOLLO FUTURE MOBILITY GROUP announces appointments of key top-level executives to attain corporate goals efficiently

indie
5 minutes

HONG KONG, Feb 16, 2022 - (ACN Newswire via SEAPRWire.com) - Apollo Future Mobility Group Limited ("AFMG", the "Company", HKEX stock code: 860, together with subsidiaries, the "Group") announces the appointment of two top-management executives with rich experiences in the automobile industry in China with both local and foreign enterprises. They will bring in new product development and financial management expertise to AMFG, helping the Group stretch its muscles further in the high-end automobile markets both in China and overseas.Mr. Qi Zhenggang Marcus, 49, has been appointed General Manager of AFMG, effective since 14 February 2022. Marcus is bringing to AFMG nearly 24 years of experience in the automobile industry in China. His industry expertise is both deep and diverse, with high-level experience in automobile engineering and product development while having accumulated extensive connections with other industry peers. He is ready to work with the AFMG team to strengthen the Group's new energy vehicles ("NEV(s)") development and engineering service outsourcing ("ESO") business and expand them further in China. In his most recent capacity, Marcus served as Executive General Ma...

ACN Newswire
Read More

APOLLO FUTURE MOBILITY GROUP Navigates a Brand-new Mobility Experience for the Future with Innovations Showcased in CIIE 2021

indie
7 minutes

HONG KONG, Nov 5, 2021 - (ACN Newswire via SEAPRWire.com) - Apollo Future Mobility Group Limited ("AFMG", the "Company"; SEHK stock code: 860; and together with its subsidiaries, the "Group") is pleased to announce the successful conclusion of the opening day of the 4th China International Import Expo ("CIIE"), being held from 5 November to 10 November 2021 in Shanghai. AFMG's participation in CIIE 2021 marks cementing recognition of the Group's positioning as a global transformative integrated mobility solutions provider. The Group showcased the latest batch of its landmark proprietary innovations in this year's event among some 3,000 exhibitors from 127 countries and regions.Apollo Project EVOApollo EVision SThe Crate Powertrain DemonstratorApollo All-carbon Monocoque ChassisUME (Universal Mobility Electrified) BaristaA Roadmap to the Future of Performance and Mass Electric MobilityAFMG is navigating visitors' roadmap to an innovative mobility experience via exhibits in its CIIE 2021 booth, sitting at the heart of the 30,000-sq.m. automobile exhibition hall. When visitors arrive at the AFMG booth they are immediately greeted by Apollo Project EVO and Apollo EVision S. They are in...

ACN Newswire

APOLLO FUTURE MOBILITY GROUP announces key executive appointments and ramping up of AFMG German innovation hub to reinforce its ESO presence

indie
5 minutes

HONG KONG, Sep 23, 2021 - (ACN Newswire via SEAPRWire.com) - Apollo Future Mobility Group Limited ("AFMG", the "Company", HKEX stock code: 860, together with subsidiaries, the "Group") announces the appointment of several key management executives who will facilitate development and strengthen the Group's presence in the core mobility business segments. Also, a new AFMG Facility, opened in Wolfsburg, Germany in May, is ramping up rapidly to reinforce the Group's presence in the engineering service outsourcing ("ESO") space.Mr. Matthew Knott has been appointed Chief Marketing Officer, effective since 20 September 2021. Mr. Thorsten Falldorf has been appointed Head of Research & Development Wolfsburg, heading the AFMG German Innovation Hub, effective since 1 May 2021. Mr. Frank Egle has been appointed Head of Software Development, effective from 1 August 2021. Mr. Knott, 52, has been specializing on targeting and serving the ultra-high-net-worth individuals customer segment ("UHNWI segment") in his most recent capacity as Global Head of Brand Communications & Channel Management for Rolls-Royce Motor Cars Limited ("Rolls-Royce"). At Rolls-Royce he led a complete rebranding exe...

JCN Newswire
Read More

Honda to Start Testing Program in September Toward Launch of Autonomous Vehicle Mobility Service Business in Japan

ruth
2 minutes

TOKYO, Sep 9, 2021 - (JCN Newswire via SEAPRWire.com) - Honda today announced that it will start a testing program for autonomous vehicles in September 2021, taking a step toward an autonomous vehicle mobility service (MaaS) business in Japan, which Honda is planning to launch under collaboration with Cruise and General Motors.The testing program for autonomous vehicles mobility service technologies will be conducted in Utsunomiya City and Haga Town, Tochigi Prefecture. As the first step to prepare for thorough testing, a high-definition map of the area will be created using a specialized vehicle for mapping. Once the high-definition map is ready, the autonomous vehicle, Cruise AV, will be driven on public roads to develop and test autonomous vehicles adapted to the traffic environment and the relevant laws and regulations in Japan.Honda and Cruise will jointly work on the testing program, and also it will be pursued at a new operations test site to be established within a Honda facility in Tochigi Prefecture.Further ahead, Honda aims to launch its autonomous vehicle MaaS business in Japan using the Cruise Origin, a vehicle jointly developed by Honda, Cruise and General Motors, exc...

ACN Newswire
Read More

Bussr to Reach $1 Billion in Sales on Its Mobility Platform in 2022

indie
3 minutes

SINGAPORE, Sep 2, 2021 - (ACN Newswire via SEAPRWire.com) - Bussr offers a mobility payment solutions platform for businesses and users, powering payments infrastructure for the mobility market using the latest booking and ticketing innovations. More than 800 businesses have already signed on to use Bussr's platform, 100 of which, amounting to US$150 million in annual sales, will go live in 2021.Bussr believes that every trip and transaction should empower people to move and connect, with the smallest carbon footprint possible. Every Bussr trip considers distance and environmental impact as well as the ability to reduce urban congestion.Bussr is also in the advanced discussion stage with the Indonesian Government to digitize the metro transit ecosystem, with an expected 10 million daily users.Bussr's innovative offerings extend to disrupting the last-mile logistics space; delivery brands and retailers will have a simple, automated way of integrating and adding the most relevant payment options to their business model, delighting their customers with affordable same-day delivery. The mobility sector is an immense $2 trillion market that still relies on paper cash, fax machines, and ...

ACN Newswire
Read More

Mobility Leaders, Disruptors, Stakeholders and Partners to Re-imagine the Future of Smart Mobility Across Asia

indie
4 minutes

Singapore, Aug 27, 2021 - (ACN Newswire via SEAPRWire.com) - On 7-9 September 2021, MOVE Asia brings together those driving change in urban mobility across Asia to explore the opportunities, strategies and developments to fast-track smart mobility across Asia. Over the three days, over 130 expert speakers from across the region will be discussing and debating topics on MaaS, electric vehicles, city freight, smart cities, energy, charging, and battery tech. Opening the event on day one, Michael Lohscheller, Global CEO, VinFast and Isao Sekiguchi, Regional Vice President, ASEAN, Nissan Motor will envision the Smart Mobility on their respective keynotes. Leaders from BCG Digital Ventures, Eurazeo, Momentum Ventures and VentureTECH will then take over with their keynote panel on Accelerating the investment for a greener transportation systemHeadlining second day of the event are Andy Palmer, President and Group Chief Executive Officer of Switch Mobility, Amr Adel, Senior Vice President, Mobility East of Shell, Pradeep Parameswaran, President of Uber Mobility, APAC and Tom Elvidge, SVP Vehicle Programmes of Arrival who will be sharing about how they are leading their organisations towar...

JCN Newswire
Read More

DENSO Provides First Quarter Results and Progress Updates in Key Focus

ruth
3 minutes

KARIYA, JAPAN, Jul 30, 2021 - (JCN Newswire via SEAPRWire.com) - DENSO, a leading mobility supplier, today announced its global financial results for the first quarter of its 2022 fiscal year, which begins April 1, 2021, and ends March 31, 2022. The company also shared updates and actions it has taken in the key areas of Green - acting environmentally friendly - and Peace of Mind - creating a safe and seamless world for all.In the first quarter, DENSO hosted Dialog Day, an event that highlighted how the company intends to achieve carbon neutrality, eliminate accidents and create new business. As DENSO progresses in these areas, it will help the company achieve its Long-term Policy 2030 to enrich mobility that achieves sustainability, happiness and peace of mind for everyone."We are focused on sustainable management, solving social issues and accelerating business growth," said Yasushi Matsui, a senior executive officer and chief financial officer at DENSO Corporation. "These priorities will propel our ongoing development of technologies that are Green and foster Peace of Mind. Both areas are essential to our pursuit of clean and safe mobility and reaching carbon neutrality."DENSO's...

JCN Newswire
Read More

Mitsubishi Corporation: Mobility & Regional Contents Pilot Project Launched in Smart City Aizuwakamatsu

ruth
3 minutes

TOKYO, Jul 2, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Corporation (MC), Shobunsha Holdings, Inc. and Shobunsha subsidiary MAPPLE, Inc. (MAPPLE) are pleased to announce the signing of a memorandum of understanding (MoU) between MC and MAPPLE regarding joint studies on new tourism services. The services will combine each company's unique expertise with advances made by HERE Technologies (HERE)(1), a leading provider of location-based information technologies. The partners recently launched a pilot project to create localized mobility demand in the Aizukawamatsu "smart city' in Fukushima Prefecture. The project is being undertaken in collaboration with the Aizuwakamatsu Tourism Bureau, a general incorporated foundation.Screenshots of the Castle-Town Tour App Aims Under the MoUAlthough the tourism industry has been hit hard by the COVID-19 pandemic, it is expected to enjoy robust growth over the medium to long term and be one of the main drivers of regional revitalization in Japan. Through these studies, MC hopes to develop real-world applications for location-information services that take advantage of HERE's technologies, and to grow its know-how through cross-industry b...