Japan

Inside SoftBank’s drive to rule the road

Japan News | Apr 15, 2019 at 10:34 AM
  • The agreement was followed by the launch of a joint venture dubbed Monet Technologies, designed to set up automated mobility services.
  • SoftBank and its affiliates have focused some of their biggest investments on self-driving firm Cruise, a unit of GM, and four global ride-services giants — Uber, Didi Chuxing, Ola and Grab.
  • ■ Zume Pizza, a U.S. developer of automated delivery vehicles.

Japan

China’s auto show highlights electric ambitions

Japan News | Apr 15, 2019 at 10:11 AM
  • This year’s Shanghai automobile show highlights the global industry’s race to make electric cars Chinese drivers want to buy as Beijing winds down subsidies that promoted sales.
  • Communist leaders are shifting the burden to automakers by imposing mandatory sales targets for electrics.
  • Communist leaders have been promoting electrics for 15 years in hopes of cleaning smog-choked Chinese cities and gaining an early lead in a promising industry.

Japan

Toyota sees new business opportunity in leveraging hybrid technology

Japan News | Apr 15, 2019 at 10:03 AM
  • The head of Toyota Motor Corp’.s electric vehicle (EV) business told Reuters the automaker has received inquiries from more than 50 companies since announcing that it would offer free access to patents for EV motors and power control units.
  • Toyota outlined plans to offer automakers and suppliers royalty-free access to nearly 24,000 electrified vehicle technologies patented by the Japanese auto giant.

United States

“It’s Stupid”: German Professor Slams Berlin Battery Play

Zero Hedge | Apr 15, 2019 at 9:00 AM
  • Electric car battery sales are projected to hit $60 billion by 2030, and Germany wants to grab the lead.
  • In November, the German government announced a €1 billion ($1.12 billion) fund for German companies to develop and build battery cells.
  • China’s BYD would like to solve one of the chief problems around keeping its dominant role in electric car sales and battery packs  — tapping into enough nickel metal.

Korea, Republic of

Hyundai Motor to invest in mobility startup CODE42.ai

The Korea Times | Apr 15, 2019 at 8:46 AM
  • With Song in the lead, CODE42.ai is comprised of a group of engineers with expertise in voice recognition, AI, mobility, self-driving vehicles, precision maps, robotics, computer vision and big data.
  • Earlier in March, the carmaker made a $300 million strategic investment in Ola, India’s top ride-hailing platform, to develop fleet and mobility systems.
  • Along with Ola, Grab and Revv, the group has invested in last-mile logistics platform Mesh Korea, U.S. mobility service provider Migo, China’s e-scooter maker Immotor and Australia’s peer-to-peer car-sharing firm Car Next Door.

Korea, Republic of

One Dead, One Critical in Australia Nightclub Shooting

Chosun Ilbo | Apr 15, 2019 at 8:15 AM
  • A drive-by shooting outside a popular Melbourne nightclub in Australia early Sunday left one man dead, another critically wounded and two others injured.
  • Love Machine host Steve Yousif posted on Facebook: “Overwhelmed with all your calls and texts, nothing but love for you all.”
  • Gun violence is rare in Australia.

Korea, Republic of

Seoul to encourage electric delivery motorcycles as anti-fine dust measure

The Korea Times | Apr 15, 2019 at 7:21 AM
  • By Kang Seung-woo Seoul City will help replace pollution-emitting delivery motorcycles and local buses with electric vehicles as part of its efforts to combat worsening air quality, the city government said Monday.
  • Seoul Mayor Park Won-soon and the city government have made aggressive efforts to tackle the newly emerging environmental problem, as evidenced by the National Assembly passing eight fine dust-related bills that were pushed by Seoul City.

Pakistan

Inside SoftBank’s push to rule the road

Dawn | Apr 15, 2019 at 7:02 AM
  • SoftBank Group Corp leader Masayoshi Son has much bigger ambitions for transportation than simply seeing his investment in Uber Technologies Inc turn into more than $13 billion when the company goes public next month.
  • The agreement was followed by the launch of a joint venture dubbed Monet Technologies, designed to set up automated mobility services.
  • SoftBank and its affiliates have focused some of their biggest investments on self-driving firm Cruise, a unit of GM, and four global ride-services giants Uber, Didi Chuxing, Ola and Grab.