Construction begins with virtual groundbreaking ceremony attended by Singapore Prime Minister Lee Hsien Loong, South Korea’s Industry Minister Sung Yun-mo, and Hyundai Motor Group Executive Vice Chairman Euisun Chung
HMGICS to serve as an innovation center for future mobility studies
Construction due to be completed by the end of 2022
Center to lead paradigm shift in mobility value chain, spanning the entire lifecycle of vehicles
Small-scale manufacturing capabilities focused on EVs to test a customer-centered manufacturing platform
HMGICS to explore new business concepts, including battery-as-a-service
SEOUL, South Korea and SINGAPORE, Oct. 13, 2020 /PRNewswire/ — Hyundai Motor Group (the Group) celebrated the groundbreaking announcement of the Hyundai Motor Group Innovation Center in Singapore (HMGICS) with a virtual ceremony today. The center will act as an open innovation lab for the Group’s future mobility research and development, with the aim of revolutionizing the future mobility value chain.
A significant new report supported by the World Economic Forum argues there must be a “transport transformation” if the planet is to benefit from the Paris Agreement’s decarbonization commitments, signed in 2016.
The Transport for Under Two Degrees project published a report on October 8 arguing that governments around the world should stop subsidizing motoring and must, instead, build cycleways and wider sidewalks to anticipate the likely future of “active transport” in cities.
Public transit use must also be boosted, urges the T4<2° project, which was commissioned by Germany’s Federal Foreign Office, or Auswärtiges Amt.
The project’s report—two years in the making—is based on existing studies and new qualitative interviews with 56 international experts from the transport and
Mobility enthusiasts from around the world, welcome to Day One of TC Sessions: Mobility 2020! Get ready for two days of programming dedicated to the people and technology behind the transformation of transportation.
Mobility’s a rapidly evolving revolution, and we’re thrilled to have the community’s best founders, investors and technologists standing by ready to help you build your startup, expand your portfolio or take your career to the next level.
Ready to get your mobility mojo moving? Here’s a brief taste of today’s events — speakers, interviews and breakout sessions. Visit the TC Sessions: Mobility agenda, plan your day and don’t forget about the world-class networking — we built time for it into the schedule. Opportunity’s pounding on the door…fling it open, people!
Timing is everything: Check the agenda for exact times. It will automatically reflect the time zone in which you’re currently located. Okay, let’s get to the good
Enforcement set to begin in Broome, Oneida and Orange Counties in 2021
Verra Mobility (NASDAQ: VRRM), a global leader in smart transportation, announced that it has been awarded multi-year contracts with three New York counties to deploy CrossingGuard™, an automated stop arm photo enforcement solution that enhances safety by reducing the number of vehicles that illegally pass a school bus as children enter and exit.
The recently awarded contracts include Broome County, Oneida County, and Orange County. Combined, these counties account for a total of 44 school districts, approximately 135,500 students and thousands of school buses.
The announcement comes as Verra Mobility continues its ongoing commitment to support school safety in the state. By the end of 2020, Verra Mobility is on track to have more than 1,000 school zone speed safety cameras installed in New York City, one of the largest safety camera programs in the country.
FARMINGTON, Conn., Oct. 5, 2020 /PRNewswire/ — Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today it has provided a $15 million venture loan facility to Topia Mobility Inc. (“Topia”) to further accelerate Topia’s market expansion.
“Topia’s customers include major multi-national enterprises across multiple industries, which speaks to its clear success, as well as its ability to continue leading the way with new solutions for today’s remote and distributed workforces,” said Gerald A. Michaud, President of Horizon. “We are excited to support Topia’s growth objectives as it continues to innovate and to provide unique and powerful solutions for mobility, payroll and compliance needs.”
Topia’s vision is to transform and enhance the way companies manage their global workforce.
At this year’s CES 2020 event, Hyundai Motor Corporation unveiled a magnanimous vision for future mobility where land and aerial modes of transportation are inextricably linked together. The three-tiered project, collectively known as Urban Air Mobility, Purpose Built Vehicle and Hub (UAM-PBV-Hub), is “a key future innovation business that can help overcome urban challenges like traffic congestion and transform the paradigm of mobility.”
Despite the project’s enormous size and scope, it’s not the only sizeable investment that Hyundai plans to make as far as smart mobility solutions go. And so to ensure these projects and more proceed according to plan and schedule, the South Korean carmaker has tapped into the expertise of the best AI minds in the business.
The company has announced the recruitment of top scholars in artificial intelligence (AI), Tomaso A. Poggio and Daniela L. Rus, as part of its AI Technology Advisory Group to
A team of researchers in the United States and Japan reports that spinal cord stimulation (SCS) measurably decreased pain and reduced motor symptoms of Parkinson’s disease, both as a singular therapy and as a “salvage therapy” after deep brain stimulation (DBS) therapies were ineffective.
Writing in the September 28, 2020 issue of Bioelectronic Medicine, first author Krishnan Chakravarthy, MD, PhD, assistant professor of anesthesiology at University of California San Diego School of Medicine, and colleagues recruited 15 patients with Parkinson’s disease, a neurodegenerative disorder that is commonly characterized by physical symptoms, such as tremors and progressive difficulty walking and talking, and non-motor symptoms, such as pain and mental or behavioral changes.
The mean age of the patients was 74, with an average disease duration of 17 years. All of the patients were experiencing pain not alleviated by previous treatments. Eight had undergone earlier DBS, a non-invasive, pain therapy in
BEIJING, Sept. 26, 2020 /PRNewswire/ — GWM (601633.SS/02333.HK), a leading automobile company in China, has formally announced to transform into a global mobility technology company. GWM has initiated a raft of major strategy upgrade including corporate culture, products, technology and marketing. At Auto China 2020, GWM reveals a refreshed image with new product lineup beefing up with leading new tech, including new models from NEV brand ORA, the HAVAL Dagou, the third generation of legendary HAVAL H6, F&L, POER pickup, HAVAL H9 and HAVAL F7&F7X, to face the future and compete in the global markets.
“This year is the turning point for HAVAL to usher in a new era. HAVAL moves forward to ‘the No.1 professional SUV brand in the world’, with the trust of 6 million users around the world. HAVAL H6 won 87 monthly sales crowns among all competitors in the SUV segment in China,”
A further advancement in the commercialization of Exro’s Coil Drive technology
Collaboration project integrating Exro technology into micro-mobility applications with Heinzmann GMBH, a global manufacturer of electric drives up to 30 kW
Micro-mobility is projected to be a key factor in electric mobility adoption globally with an overall market size of USD $19B
Exro’s Coil Driver will help to expand the performance range of Heinzmann’s mobility applications by making them faster, stronger, and smarter
CALGARY, AB / ACCESSWIRE / September 24, 2020 / Exro Technologies Inc. (TSXV:EXRO)(OTCQB:EXROF) (the “Company”), a leading technology company which has developed a new class of power electronics for electric motors and powertrains, is pleased to announce it has initiated a collaboration with Heinzmann GMBH & Co. KG (“Heinzmann”) to integrate Exro’s patented coil drive technology into micro mobility applications.
Since 1985, Heinzmann has proven itself as a renowned manufacturer of electric drives up to 30
IGNITION: Transportation, which takes place on October 20 at Noon ET, is a digital live event focused on innovations and challenges in mobility and transport.
The event features speakers from such companies as Waymo, GM, Lyft, Arity, and UPS.
The global pandemic has accelerated innovation in certain areas of transportation and mobility, while putting stress on other parts of the sector.
Click here to register for this free event
Business Insider’s virtual event IGNITION: Transportation will convene business leaders, policymakers, technologists and innovators to discuss the future of mobility.
The COVID-19 pandemic has thrust transportation into uncharted territory. With the world facing the prospect of recession, flights that are empty or grounded, ride-sharing stalled – the very essence of mobility has been compromised. As companies and institutions adapt to remote working and learning, it’s possible that this will flourish and become the new normal, cutting commutes and reliance on transit.