Tag Archives: Mitsubishi

Renault-Nissan-Mitsubishi and DiDi Signs MOU to Explore Car-sharing in China

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Renault Nissan Mitsubishi and DiDi Signs MOU to Explore Car-sharing in China urban mobility robo taxi on demand

PARIS, TOKYO, and YOKOHAMA, Japan, Feb. 7, 2018 /CNW/ – Renault-Nissan-Mitsubishi, the world’s leading automotive alliance, today announced it has signed a memorandum of understanding with DiDi Chuxing (‘DiDi’), the leading Chinese mobile transportation platform, to explore future business cooperation on a new electric vehicle car-sharing program in the People’s Republic of China. The memorandum of understanding signed with DiDi

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Renault-Nissan-Mitsubishi Launches a Future Mobility Venture Capital Fund

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Renault-Nissan-Mitsubishi Launches a Future Urban Mobility Venture Capital Fund

LAS VEGAS, Jan. 10, 2018 /PRNewswire/ — Alliance Ventures to Prioritize Next-Generation Mobility With $200 Million Year-One Funding New entity to act as main interface for start-ups, investors and the venture capital ecosystem Fund prioritizes open innovation in new mobility, including electrification, autonomous systems, connectivity and artificial intelligence First deal to be a strategic investment in Ionic Materials, a US company

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Mitsubishi Electric Develops Technologies for Automated 3D Mapping

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Combination of AI and proprietary Mobile Mapping System could help hasten autonomous driving March 15, 2017 10:10 PM Eastern Daylight Time TOKYO–(BUSINESS WIRE)–Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has developed technologies for automated mapping and extraction of transitions in mapping landscape based on artificial intelligence (AI) and the company’s own Mobile Mapping System (MMS) for highly precise three-dimensional

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Philippines July 2016 Auto Sales Posts 22 percent growth

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The Philippine Automotive Industry has set a new sales record for the month of July. In a report issued by the joint Marketing Committee of the Chamber of Automotive Manufacturers of the Philippines, Inc. (“CAMPI”) and Truck Manufacturers Association (“TMA”), sales for the month of July reached 29,967 units. Last month’s performance is 22 percent higher than July 2015 which

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Philippine Local Parts Makers Voice Concern over CARS

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The Philippine Parts Makers Association (PPMA), a group of local automotive parts and components manufacturers, voiced this concern at their recent quarterly meeting. “We are pushing for the CARS (Comprehensive Automotive Resurgence Strategy) assemblers to prioritize the SME local parts makers to supply in the start of volume production,” said PMMA President Ferdinand Raquelsantos. For now, Raquelsantos said all they

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Hyundai Indonesia Eyes More CKD Projects From Principal

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Hyundai Indonesia is in talks with its South Korean principal to obtain more completely knocked down (CKD) projects, an executive has said. The company has an assembly plant in Pondok Ungu, Bekasi, West Java, to assemble big, H-1 multipurpose vehicles (MPVs) with 43 percent local content. Hyundai Indonesia exports 250 units per month to Thailand. “We are in discussions with

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ASEAN Vehicle Sales Jump 11% in Q2

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New vehicle sales in South-east Asia’s six largest markets rose by 10.6% to 781,162 units in the second quarter of 2016, from 706,532 units in the same period of last year, according to data collected exclusively for just-auto by AsiaMotorBusiness.com. This follows a 3.6% decline in the first-quarter of the year, resulting in a 3.2% rise in cumulative first-half sales to

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J.D. Power APEAL Study

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Toyota, Mitsubishi and Volvo had the largest improvements among brands with more than one nameplate in J.D. Power’s latest study of new-vehicle appeal, while Porsche paced the industry for the 12th consecutive year. Luxury brands again ruled the upper tier of J.D. Power’s 2016 U.S. Automotive Performance, Execution and Layout Study. BMW, Jaguar, Mercedes-Benz, Land Rover, Lexus and Lincoln followed

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Renault Zoe Climbs To #1

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The European EV market had more than 17,000 registrations in May, representing just a 1% increase over June 2015. The slowdown in these last couple of months is largely due to fiscal changes in Germany. Nevertheless, the market is set to surpass 200,000 units by year end, possibly even reaching 250,000 units. Let’s look at the monthly ranking…. Despite dropping

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