Toyota Motor Corporation and SoftBank Corporation are to establish a joint venture company, MONET Technologies Corporation, by the end of the 2018-19 fiscal year. The aim is to create new mobility services, co-ordinating Toyota’s connected-vehicles Mobility Services Platform (MSPF) and SoftBank’s IoT platform, which collects and analyses data from smartphones and sensor devices. MONET (‘MObility Read More..
Daimler AG is restructuring its business divisions in a strategy which will see the reassignment of over 700 subsidiaries in over 60 countries. This is described as a move making the Daimler Group “fit for the future” and, according to supervisory board chairman Manfred Bischoff, positions it “to tackle the rapid pace of change in Read More..
Ford Motor Company has created a new organization called Ford Autonomous Vehicles LLC, to be based at its campus under development in Corktown, Detroit. The new company is tasked with accelerating Ford’s autonomous vehicle business and capitalizing market opportunities, and will include Ford’s activities in self-driving integration; AV research and advanced engineering; development of AV Read More..
The Toyota Mobility Foundation is supporting the Alan Turing Institute, the UK’s national institute for data science and artificial intelligence, on an AI project to optimize traffic flow in mobility systems. The programme aims to transition complex traffic management from static systems into dynamic, optimized systems with real-time management across different modes of mobility – Read More..
A non-profit consortium involving major carmakers, suppliers, IT firms, start-ups and other transportation stakeholders has been announced to explore the application of blockchain technology in a digital mobility ecosystem. Founding members include BMW, Bosch, Ford, General Motors, Groupe Renault, ZF, Accenture, Context Labs and IBM. The Mobility Open Blockchain Initiative (MOBI) aims to connect mobility Read More..
Volkswagen Group has announced direct investments of around 15 billion euros into e-mobility, autonomous driving, business digitalization and new mobility services in China, part of a 34 billion euro global program. This follows the corporate restructuring outlined recently by new chairman Dr Herbert Diess. At the Beijing auto show, the future vision for the Volkswagen Read More..
Toyota is launching a London-based business unit to support the development and adoption of new shared mobility and fleet management solutions in Europe. Toyota Connected Europe (TCEU) is to partner with Toyota Motor Europe, Toyota retailers and distributors on services and products for consumers, businesses, governments and other stakeholders. These will include ride-sharing, car-sharing and Read More..
DENSO Corporation has taken an equity stake in On The Road Co. Ltd., with a view to accelerating development of technologies for Mobility as a Service (MaaS). Its investment of around 160 million yen (about $1.5 million) gives it a stake of just under 15%. On The Road – like DENSO, based in Aichi prefecture, Read More..
ViaVan, a joint venture between Mercedes-Benz Vans and US tech start-up Via, has gone into operation in the center of London following its European launch a few weeks earlier in Amsterdam. New York-based Via has developed the software algorithms to calculate efficient real-time routes for riders to ‘pool’ their journeys in a shared, professionally-driven Mercedes-Benz Read More..
Ford Motor said Laura Merling, a Silicon Valley based technology executive, will lead the commercialization of theÂ autonomous vehicles it plans to introduce from 2021 onwards. Merling, who has worked at a range of technology companies in the course of herÂ career, will become vice president, autonomous vehicle solutions at Ford Smart Mobility, the unit that bundles Read More..