Toyota launches new car subscription service in Japan

Toyota launches new car subscription service in Japan

Toyota Motor Corporation (Toyota) announced that it has established Kinto Co., Ltd., a new company to manage and operate its car subscription service that proposes a new user-car relationship. The new company is jointly funded by Toyota Financial Services, Co., Ltd. (a wholly owned subsidiary of Toyota) and Sumitomo Mitsui Auto Service Company, Limited (a member of the Sumitomo Corporation Group).

DriveNow adds 130 new BMW i3s to its fleet in London

DriveNow adds 130 new BMW i3s to its fleet in London

BMW Group owned car-sharing service, DriveNow, announce that they have added 130 brand new BMW i3 vehicles to their current electric fleet in London.

14-15 May 2019 - Graz, Austria

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Groupe PSA fully acquires TravelCar to strengthen its position in the mobility space

Groupe PSA fully acquires TravelCar to strengthen its position in the mobility space

Two years after its equity investment in the start-up, Groupe PSA is strengthening its expertise and reaffirming its strategy in new mobility solutions by acquiring TravelCar.

AI Innovation of Sweden inaugurated to develop AI and deep learning applications

AI Innovation of Sweden inaugurated to develop AI and deep learning applications

Veoneer, Inc., a pure-play company focused on Advanced Driver Assistance Systems (ADAS) and Automated Driving (AD), and Zenuity are among the founding partners in AI Innovation of Sweden, the new national centre for accelerating research and innovation within Artificial Intelligence (AI).

ParkMobile launches partnership with the City of Mobile, AL

ParkMobile launches partnership with the City of Mobile, AL

ParkMobile, a provider of smart parking and mobility solutions in North America, announced a new partnership with the City of Mobile, Alabama that will enable people to pay for city parking from their mobile devices. The ParkMobile app is now available at approximately 400 on-street spaces.

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Toyota and SoftBank JV, MONET, starts operations

Toyota and SoftBank JV, MONET, starts operations

Toyota Motor Corporation and SoftBank Corp.have completed investment in their joint venture, MONET Technologies Inc., with the beginning of full-scale operations.