Asia’s Auto Industry: The Concubine Economy

Asia countries gains access to state-of-the-art technology through joint ventures. This form of cooperation has been dubbed the “concubine economy.” Just as the Chinese emperors once selected their concubines, Asia Government selects foreign companies and grants them the right to produce goods locally in cooperation with a domestic partner. If Donald Trump really wants to grab American voters’ attention on unfair trade, all he needs to

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Amazon Launch Comprehensive Vehicles Guide

Amazon.com on Thursday launched Amazon Vehicles, an online platform for users to research on cars, auto parts and accessories. The platform will include specifications, images and reviews on Amazon.com for a large number of car models, ranging from Tesla Motors’ 2014 Model S to the iconic Ford Mustang 1965. Amazon Vehicles would be an extension of the existing Amazon Automotive

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Uber Partners with MaGIC and Digi Incub8 To Launch ASEAN’s Next Great Idea

The Malaysian Global Innovation & Creativity Centre (MaGIC), Uber and Digi have launched an ideation lab aimed at growing exciting, impactful business ideas from entrepreneurs within the ASEAN region. A panel from MaGIC, Uber and Digi will handpick the top 20 entrepreneurs to participate in a two week ideation lab, which will run on Digi Incub8 and MaGIC’s pre-accelerator curriculum, at MaGIC’s campus in Cyberjaya,

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Singapore Business District Begin Testing Self-Driving Ride-Hailing Service

SINGAPORE—Singapore became the first country in the world to launch a self-driving taxi service on Thursday. Singapore’s nuTonomy, founded by two researchers from the Massachusetts Institute of Technology, said Thursday it began testing a free taxi-hailing service in a small business district in Singapore called one-north, a campus-like space dominated by tech firms and biotechnology companies. The trial was given

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Australia’s Last Mile Optimiser App for E-Commerce Retailers

Brad Lorge is the co-founder of Premonition, a logistics optimisation firm helping online retailers and shipping companies meet heightened consumer expectations and develop more sustainable supply chains. Premonition’s technology can optimise large job sets, rerouting multiple vehicles in real-time based on a plethora of factors: changed traffic conditions, weather, delivery windows, incoming orders and returns, truck capacity, a driver’s final destination

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Toyota challenges high-school students to build fuel-cell cars

The Japanese carmaker is working with California high schools to teach students about the technology and encourage them to enter STEM (Science, Technology, Engineering, and Mathematics) career fields. As part of the Hydrogen Horizon Automotive Challenge, students will build and race their own remote-control fuel-cell cars. The program kicked off August 9 with a teacher-training event at Toyota’s U.S. headquarters

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Daimler Embraces Silicon Valley Style of Doing Business

Daimler’s Chief Executive Dieter Zetsche is sweeping away layers of bureaucracy and encouraging a more experimental approach to new products. He has also asked 144 employees to generate new leadership ideas, according to sources at the German luxury automaker. FRANKFURT, Aug 24 (Reuters) – Mercedes-Benz maker Daimler is embracing Silicon Valley management techniques in a drive to speed up decision

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