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Market News

NEDO, Sharp, and Toyota to Begin Public Road Trials of Electrified Vehicles Equipped with High-efficiency Solar Batteries

NEDO, Sharp, and Toyota to Begin Public Road Trials of Electrified Vehicles Equipped with High-efficiency Solar Batteries

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Tokyo, Japan, July 4, 2019―NEDO, Sharp Corporation (Sharp), and Toyota Motor Corporation (Toyota) announce today a plan to commence public road trials from late July 2019. The trials aim to assess the effectiveness of improvements in cruising range and fuel efficiency of electrified vehicles equipped with high-efficiency solar batteries. To facilitate the execution of this…

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Creating a Japanese-Italian megasupplier was just Step 1

Creating a Japanese-Italian megasupplier was just Step 1

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The former Magneti Marelli headquarters in Italy will be the supplier’s electronics business HQ. You didn’t think Beda Bolzenius and KKR & Co., the New York investment house behind him, were finished, did you? With Bolzenius as its auto industry point man, KKR has scooped up two far-flung global parts companies, Nissan- controlled Calsonic Kansei…

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In addition to urban air mobility, why not rural air mobility?

In addition to urban air mobility, why not rural air mobility?

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Personal air vehicles — those nifty electric vertical takeoff and landing (eVTOL) aircraft — have become one of the hottest aviation concepts since the Wright Flyer inspired a flood of competitors. Touted as quieter, cleaner and cheaper than commercial helicopters, these electric air taxis promise to address city-dwellers’ mobility woes and have captured the attention…

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Japan ministry holds test-ride event for ultramini EVs that could help the elderly and cut accidents

Japan ministry holds test-ride event for ultramini EVs that could help the elderly and cut accidents

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i-Road ultracompact electric vehicles made by Toyota Motor Corp. Japan’s transport ministry held a test-ride event Wednesday for ultramini electric vehicles and other mobility equipment on show as alternatives to conventional compact automobiles and other smaller vehicles, particular for the elderly. The event follows growing concern over a recent series of car accidents involving older…

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BMW Promises To Join The Hydrogen Fuel Cell Party

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This sleek i8-based prototype housed a three-meter hydrogen tank and aimed at performance from a fuel-cell, rather than range.  After a journey of more than 25 years, German premium automaker BMW is finally, belatedly, entering the hydrogen fuel-cell production race. … Soon. BMW confirmed last week that it will put a toe-in-the-water hydrogen-powered X5 onto…

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Why SoftBank Invested $300 Million In Robotic Process Automation (RPA)

Why SoftBank Invested $300 Million In Robotic Process Automation (RPA)

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Softbank has bet $300 million, with more to come, that robotic process automation (RPA) will be what brings artificial intelligence (AI) in the enterprise.  Robotic Process Automation (or RPA) is one of the hottest areas in the enterprise technology sector these days, reaching $1.3 billion this year, says Gartner. According to the market research firm, RPA…

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Waymo Goes Global with Renault-Nissan Partnership

Waymo Goes Global with Renault-Nissan Partnership

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Waymo has signed an agreement to work with Renault and Nissan on issues surrounding self-driving car technology, the companies said Thursday. The partnership, which the companies call a “first step,” doesn’t currently include immediate plans to launch Waymo self-driving vehicles in France or Japan. Instead, the companies will work together to “research commercial, legal and…

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World’s Largest Solar Power Plant Switched On

World’s Largest Solar Power Plant Switched On

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This is a headline you may well read more than once in the coming years. It is also possible that the subsequent world’s-largest-solar-plants may also be built not a million miles away from the current title holder. As of today, the Noor Abu Dhabi project with a total capacity of 1,177MW is the largest operational…

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A Solar Car With 725 Km Range! The Lightyear One May Be The Next Revolution In Mobility

A Solar Car With 725 Km Range! The Lightyear One May Be The Next Revolution In Mobility

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A long-time startup building solar powered vehicles has finally matured beyond the testing stage to a fully working solar energy driven car. Lightyear, known for Stella and Stella Lux to date, will add a new name to the portfolio – Lightyear One. And it is safe to say that this new solar powered car has…

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Germany is opening its first electric highway for trucks

Germany is opening its first electric highway for trucks

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Trucks are guzzling ever more diesel, polluting towns and cities and fueling climate change. Germany thinks it may have found the answer by using overhead lines to power big rigs. A system that allows trucks to draw electric power from overhead cables went into operation on 10 kilometers (6.2 miles) of the autobahn on Tuesday,…

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