Ronn Motor Group, Inc. have announced the execution of a definitive
three-way joint venture agreement with $100 million registered capital.
RONN will retain 51% controlling interest and its two new partners will
retain 30% and 19% collectively of the joint venture.
Toyota Motor Corporation and Panasonic Corporation have concluded a business-integration contract and a joint-venture contract toward the establishment of a new company related to the automotive prismatic battery business.
Bridgestone Europe NV/SA, a subsidiary of Bridgestone Corporation in
EMEA, has entered into an agreement with TomTom to acquire its
telematics business, for a cash consideration of €910 million ($1.04
billion), and they are renaming the venture Webfleet Solutions.
Human Horizons (HH), a Chinese startup focusing on “smart” technologies
and new energy vehicles, unveiled its Smart Road Demonstration Project
in Yancheng, China. It is based on Cooperative Intelligent
Transportation System (C-ITS) and is being delivered through HH’s “Open
Urban Road Test Project for Sensor Data Fusion and Computational
Driverless electric shuttles that glide almost silently through city centres and are seamlessly connected with their environment will soon be a common sight on our city streets, whether they are transporting goods or people.
Sprint announced a ground-breaking project in Peachtree Corners, Ga. where the city is building an intelligent vehicle test track featuring Sprint’s 5G technology combined with Curiosity IoT and micropositioning.
The Nissan IMs, unveiled at the 2019 North American International Auto Show, is a completely new type of car – an “elevated sports sedan” that takes advantage of the packaging, platform and powertrain technology developed through Nissan Intelligent Mobility.
AFC Energy, an industrial fuel cell power company, announced the successful deployment of CH2ARGE, the world’s first electric vehicle charger based on hydrogen fuel-cell technology. The breakthrough by the UK-based energy technology company could enable 100% clean electricity for future EV charging.
Toyota and Lexus are bringing connected car capabilities to their vehicles in the United States. The collaboration of Toyota Motor North America, KDDI and AT&T* will enable 4G LTE connectivity for all new model Toyota and Lexus cars and trucks. This will start with 2020 model year vehicles in the fall of 2019, across all 50 states.
Hyundai Mobis and KT announced that they have launched 5G communication in the Hyundai Mobis proving ground in Seosan, Chungcheongnam-do, and have begun to develop connected vehicle technology by actively utilising this network. KT built the infrastructure in the Seosan proving ground so that Hyundai Mobis can aim to gain early advantage in leveraging the 5G-based connected vehicle technology.
Allego and Gireve have signed a partnership to give Gireve customers
access to the Allego charging infrastructure, making Allego’s extensive
charge point network even more accessible to EV drivers throughout