mobility – PressAP

ACN Newswire

ION Mobility Closes US$18.7m in Series A funding; Brings TVS Motor Company on Board as Strategic Investor

February 3, 2023

Singapore, Feb 3, 2023 - (ACN Newswire via SEAPRWire.com) - ION Mobility (ION) today announced new investments of US$18.7 million in its Series A funding round. Additionally, the company also brings TVS Motor Company on board as its strategic investor, through TVS Motor's Singapore subsidiary, TVS Motor (Singapore). As part of this investment agreement, TVS Motor will provide ION with the necessary ecosystem support to be successful in the electric two-wheeler markets of Singapore and Indonesia.ION's latest fundraise and partnership with TVS Motor is to support its vision to build Southeast Asia's leading electric mobility solutions company starting with Indonesia. Other investors include AC Ventures Malaysia, Michael Sampoerna and ION's Chief Manufacturing Officer Ng Ho Sen, with existing investors such as TNB Aura, Quest Ventures, Monk's Hill Ventures, Village Global, GDP Venture and Seeds Capital also participating in the round.Founder and CEO James Chan said, "I am delighted with the vote of confidence that my team and I have received from TVS Motor via our funding round and partnership. We are excited to draw upon TVS Motor's decades of global expertise in two-wheelers to accelerate our "Mobius" M1-S production readiness, as well as the design and development of other models. We look forward to leading the charge towards an electric and sustainable two-wheeler future together."This new funding round brings the total capital raised by ION to over US$25.5 million since 2020. The company will invest the capital into Indonesia to grow its local team, operations and capabilities. This includes its sales and marketing presence, local supply chain networks, production tooling and manufacturing capabilities in Indonesia, in order to achieve at least 50% local content.Speaking on the occasion, Mr. Sudarshan Venu, Manging Director, TVS Motor Company said, "TVS Motor is committed to developing exciting products for consumers across global markets. We are thrilled to partner with ION Mobility, a full-stack EV company with a strong team of engineers and technical base in Singapore, to drive the premium electric two-wheeler growth in the region. We share a common vision and are eager to support them as a strategic investor."This announcement comes on the heels of ION Mobility's launch of its M1-S electric scooter in Jakarta in November 2022, which also saw the company sign a broad-ranging Memorandum of Understanding (MOU) with Indonesia's national grid operator PT Perusahaan Listrik Negara (PLN) to expand PLN's charging network, in addition to two-wheeler fast-charging technology research and user outreach and education. The MoU was officiated by Indonesian Minister of Industry, Agus Gumiwang Kartasasmita at the Indonesia Motorcycle Show 2022, with Singapore Ambassador to Indonesia Mr. Kwok Fook Seng also in attendance.About ION MobilityION Mobility is a tech and automotive OEM on a mission to create and deliver aspirational and sustainable mobility and energy solutions for everyone. They are committed to creating great products and seamless user experiences for their customers. Their products combine advanced hardware and software technology with human-centred design to deliver smart electric motorbikes and energy charging and storage solutions that are for everyone to use. Their vision is to be Southeast Asia's top technology company leading their region's transition towards a low-carbon economy across Southeast Asia, starting with the ION M1-S. For more information, please visit www.ionmobility.com and ionmobility.substack.com.For more information, please contact: hello@ionmobility.comAbout TVS Motor CompanyTVS Motor Company is a reputed two and three-wheeler manufacturer globally, championing progress through Sustainable Mobility with four state-of-the-art manufacturing facilities in Hosur, Mysuru and Nalagarh in India and Karawang in Indonesia. Rooted in their 100-year legacy of Trust, Value, and Passion for Customers and Exactness, they take pride in making internationally aspirational products of the highest quality through innovative and sustainable processes. They are the only two-wheeler company to have received the prestigious Deming Prize. Their products lead in their respective categories in the J.D. Power IQS and APEAL surveys. They have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for consecutive four years. Their group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Their subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which they operate. For more information, please visit www.tvsmotor.com.For more information, please contact:KS Harini – ks.harini@tvsmotor.comNikita Verma – nikita.verma@tvsmotor.com Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)

JCN Newswire

Fukuoka Prefecture and CJPT Enter Partnership to Implement FC Mobility Expansion Initiatives

December 26, 2022

TOKYO, Dec 26, 2022 - (JCN Newswire via SEAPRWire.com) - Fukuoka Prefecture and Commercial Japan Partnership Technologies Corporation (CJPT) have entered a partnership agreement that includes jointly implementing initiatives to expand the adoption of fuel cell electric vehicles (FC mobility) for vehicles that underpin our daily lives in the logistics industry, public transportation, and official government use. The aim is to advance the development of a hydrogen society to achieve carbon neutrality.Hydrogen is being positioned as a key technology for carbon neutrality in the national government's Green Growth Strategy. Fukuoka Prefecture also announced a new hydrogen strategy, the Fukuoka Prefecture Hydrogen Green Growth Strategy, in August of this year. As part of this, the prefectural government will conduct targeted initiatives toward "innovations in hydrogen generation," including expanding the use of green hydrogen, which does not emit CO2 during generation, "expansion of hydrogen use" in factories and mobility, and "concentration of hydrogen-related industries" through these activities. The prefecture is particularly focusing on the early adoption of trucks and other commercial FC mobility options with stable, large-volume hydrogen requirements. The aim is to make hydrogen fuel more accessible to residents of the prefecture while expanding its use and promoting industrial and regional development.CJPT is working on electrification and logistics efficiency as initiatives to accelerate the implementation and expansion of CASE technologies in society, help address social issues, and contribute to carbon neutrality. In terms of electrification, in addition to hybrid electric vehicles (HEVs) and battery electric vehicles (BEVs), CJPT is also working to implement a commercial and public FC mobility plan that make electrified vehicles part of daily life to expand the use of hydrogen in light of Japan's energy situation. Hopes are that these cross-industry partnerships will spread cooperation between as many people as possible to create a hydrogen society.To help achieve Japan's goal of carbon neutrality by 2050, there is a growing need for concrete initiatives aimed at building sustainable societies that can be passed on to future generations. With this in mind, Fukuoka Prefecture and CJPT have been discussing their shared ambition of creating a hydrogen society and have entered into this partnership agreement today to jointly implement the following initiatives for expanding the use of FC mobility,Joint initiative framework1. Planning and implementing the adoption of FC mobility for commercial and official government vehicles using FC electric trucks and passenger vehicles2. Planning and implementing the adoption of FC mobility for regional transportation, etc.3. Promotion of infrastructure development toward the use of heavy-duty FC mobility options on main arterial routesSpecific initiatives under this partnership include working to further expand the use of FC mobility, starting with the adoption of light-duty FC electric trucks by logistics operators this financial year. In addition to increasing the adoption of light-duty FC electric trucks for distributing food, daily necessities, and other goods, the partnership will consider and plan a staged expansion of FC mobility over the medium to long term. This will include use of fuel cell electric vehicles for official public duties such as garbage compactor trucks (trash collection) and ambulances. It will also include the adoption of large FC electric buses for regional transportation and small FC electric buses in regions with smaller populations. Finally, it will include development of infrastructure, etc. designed for heavy-duty FC mobility options, including using long-haul trucks on main arterial routes.Starting in Fukuoka Prefecture, which has among the largest number of trucks in western Japan and where hydrogen is already in use, and looking to expand across Kyushu, Fukuoka Prefecture and CJPT will work together to develop a practical and sustainable hydrogen society. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

JCN Newswire

Toyota Mobility Foundation Selects Eight Teams as 2022 Finalists in the “Mobility for ALL” Category of its Idea Contest

December 16, 2022

TOKYO, Dec 16, 2022 - (JCN Newswire via SEAPRWire.com) - Aiming to realize an "even-better mobility society," the Toyota Mobility Foundation (TMF) has been implementing the Make a Move PROJECT (https://mobility-contest.jp/) since June of this year. A contest, the project aims to implement ideas and solutions in society together with people who have a range of experience and know-how. With a focus on motorsports, in the "Mobility for ALL--Bring the Possibility of Mobility to Everyone" category, ideas for allowing anyone, regardless of the existence of a disability, etc., to enjoy watching motorsports were collected. In October, the 17 teams that passed the first screening round conducted trials to demonstrate the practical societal application of their ideas at locations in Okayama Prefecture, such as the Super Taikyu Race venue.We would like to announce the results of the trials conducted by these 17 teams in Okayama and the new initiatives planned for 2023. The following eight teams were selected based on sustainability and the perspectives of the parties concerned. Each of the eight teams will be awarded a maximum of 20 million yen (for a total of approximately 100 million yen) to work toward the societal implementation of their ideas, with verification tests planned for motorsports venues in 2023.Additionally, TMF will seek new ideas through open calls in 2023, aiming to expand the community of people who compete against and help each other.The "Mobility for ALL--Bring the Possibility of Mobility to Everyone" category for this contest opened for entry submissions in June of this year. To generate ideas that solve mobility issues within race circuit venues and moving to and from circuit venues so that everyone, regardless of disability, can enjoy motorsports, we released a video (https://youtu.be/BnZfkrw5DWY) of people with visual, hearing, and physical disabilities sharing their thoughts and feelings of the circuit venue.We received more than one hundred entries from Japan and abroad, and 17 teams passed our initial screening, which was based on the perspectives of the parties concerned, the innovativeness of the proposals, and the opinions of external experts. Each team was awarded a grant of up to 15 million yen to conduct demonstration trials at the Okayama International Circuit and other locations in October. During the demonstration trials, we received feedback from more than 100 participants.Since its founding, the Toyota Motor Corporation has conducted its business activities with the aim of creating a prosperous society through automobiles while respecting all stakeholders, including customers, business partners, employees, and the local communities in which it operates. Accordingly, TMF was established in August 2014 to conduct activities that benefit the public good.Aiming to realize a mobility society in which everyone can move about freely, TMF is working to solve mobility issues around the world through a diverse range of projects. Going forward, the Toyota Group, working in cooperation with various partners and utilizing the technologies and knowhow it has cultivated through its business activities, will continue to promote undertakings that are aligned with the UN Sustainable Development Goals (SDGs) while contributing to the realization of a society where people can lead rich and fulfilling lives. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

JCN Newswire

DENSO Announces Q1 2022 Results, Details Efforts Advancing its Pursuit of Sustainability and Safety

July 29, 2022

KARIYA, JAPAN, Jul 29, 2022 - (JCN Newswire via SEAPRWire.com) - DENSO, a leading mobility supplier, today announced global financial results for the first quarter of its fiscal year, ending March 31, 2023. DENSO's efforts and updates continue to be driven by its Two Great Causes: Green - achieving carbon neutrality by 2035 - and Peace of Mind - creating a safe and seamless world for all.As the automotive industry continues to undergo massive change in areas like electrification, autonomous driving and connectivity, as well as face economic challenges, DENSO remains committed to innovations, partnerships, and strategies that will shape the future of mobility while pursuing its Two Great Causes. Activities in Q1 that supported DENSO's causes include:- Co-developing with aerospace leader Honeywell an electric motor for Lilium's all-electric jet. This is the first product developed by Honeywell and DENSO since their alliance, and it marks DENSO's entry into the aerospace market.- Participating in solar projects with the City of Maryville Electric Department, the Tennessee Valley Authority, and Silicon Ranch Corporation that will help power operations at DENSO's Maryville, Tennessee, facility.- Formulating its semiconductor strategy for the procurement and development of semiconductors, which are crucial for new and advanced mobility technologies.- Starting research on hydrogen engine applications in heavy-duty commercial vehicles with Toyota Motor Company, Isuzu Motors limited, Hino Motors, Ltd., and Commercial Japan Partnership Technologies Corporation (CJPT). The project aims to improve the efficiency of internal combustion engines, a key component in helping achieve carbon neutrality while still meeting the transportation needs of different regions around the world.- Co-developing with AISIN and BluE Nexus a one-motor hybrid transmission for Toyota Crown. DENSO is in charge of inverter and contribute to the downsizing and thinning of the product by adopting a single-sided cooled power module and mounting it directly above the transmission.Articles DENSO released that showcase its activities included:- Developing integrated electronic control units (ECUs) in-house to support the rapid advancement of new mobility solutions like driver assistance functions, cloud-connected services, and other sophisticated safety features.- Strengthening its software development capabilities and supporting career development for its talented software engineers to accelerate its efforts around sustainability and safety. DENSO's Two Great Causes will continue to serve as the foundation of its corporate activities moving forward.About DENSO  DENSO is a $45.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 198 facilities to produce electrification system, powertrain system, thermal system, mobility electronics, & advanced devices, to create jobs that directly change how the world moves. The company's 167,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2022. For more information about global DENSO, visit https://www.denso.com/global/en/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

JCN Newswire

World first as entire city’s transport network is digitally connected with Hitachi’s new Smart Mobility suite

July 20, 2022

GENOA, Italy, Jul 20, 2022 - (JCN Newswire via SEAPRWire.com) - In a move that is set to trigger a revolution in how people around the world will travel in towns and cities, Hitachi Rail has digitally connected public and private hire transport across an entire city. The milestone has been achieved using technology from Hitachi's new smart mobility suite called Lumada Intelligent Mobility Management, launched today.The technology can be used in towns and cities across the world. In the launch programme - in Genoa, Italy - Hitachi has connected 663 buses, 2500 bus stops, the metro line used by 15 million p.a., two funiculars, one historic hillside railway, 10 public lifts and two suburban bus routes that span 50km. Users also have the power - via the touch of a button on their mobile phones - to hire an electric car, pay for parking or find an e-moped.Power to the passengerAs part of the world-first trial, Hitachi's 360Pass smart ticketing app has eradicated the need to purchase a traditional paper ticket ever again; or to "touch-in" or download multiple apps for different transport services.The 360Pass connects Bluetooth sensors that know when a passenger with the mobile app has boarded, how far they have travelled and when they disembarked. Users can take multi-modal journeys, but the 360Pass system will ensure they only pay the best possible fare at the end of each day.The 360Pass app offers more personalised information about public transport journeys, including the fastest and most convenient multi-modal route options and real time journey updates.It also allows passengers to check how busy bus services are through the app, enabling them to choose less crowded services. This feature can help allay the increased anxiety about crowding post-Covid19, which a recent independent study found to be the second biggest determinant passenger satisfaction.(1)360Pass is being delivered in partnership with the city's public transport operator, AMT, and the Municipality of Genoa, using the local brand name GoGoGe. The technology is part of the municipality's drive to boost the usage of both public and private e-hire services. The innovative project aims to provide more easily identifiable solutions to the "last mile" problem faced by passengers and public transport authorities around the world.Game-changer for transport authorities and operatorsGenoa, home to two-thirds of a million people, faces similar transport challenges to cities around the world - congestion, emissions and delivering quality services. The ambition on behalf of the city's leadership is to unlock a step change in the use of sustainable mass transport across the metropolitan area.Technology offers a way to reduce the reliance on private vehicles - helping the municipality to meet its goals for congestion relief and reducing emissions - while optimising costs and the provision of transportation across the region. In cities such as Istanbul or London, drivers currently lose an average of 142 and 227 hours per year in congestion respectively, and optimising multi-modal public and hire transport can slash these wasted hours.In addition to the 360Pass mobile app for passengers, the Lumada Intelligent Mobility Management suite gives operators the ability to connect, scale and optimise their city's entire transportation network in real time.The over 7,000 Bluetooth sensors installed in Genoa allow the creation of a "digital twin" of the region's transport and passengers' end-to-end multimodal journeys. This real-time electronic map of how the city is moving is a powerful tool to allow operators to optimise services, timetables and create a system that better accommodates the changing peaks and troughs in passenger demand. It can identify the issues that deter public transport usage, such as congestion, emissions, crowding or gaps in services.In addition to smart ticketing, the suite can combine solutions to help operators control traffic flow and service patterns in real time, allow operators to react more effectively to disruption or large scale events (concerts or sporting) happening across the city. Further, by join up information about the level of emissions and congestion in different geographical area, it allows operators to make smart decision about where to target electrification of services first and prioritise locations for charging for e-bus and e-car fleets and infrastructure.Alessandro de Grazia, Group Head of Smart Ticketing, Hitachi Rail, said: "Hitachi's Lumada Intelligent Mobility Management suite is a world first for smart mobility and can improve urban transport in cities around the world. For the first time, passengers can plan and access the most convenient multi-modal journey for the cheapest fare, without ever removing their phone from their pockets."Today, cities face the challenges of growing public transport use to reduce emissions, cut congestion and boost their recoveries. Our new solutions - proven in Genoa - provide a uniquely powerful platform for operators around the world. From Dusseldorf to Dubai, Istanbul to Toronto - we can help operations connect, scale and optimise their entire transportation network through a single platform."As a global leader in transport and technology, Hitachi's vision for smart mobility is to digitise and optimise every part of the journey across different types of public transport. The new suite embodies Hitachi Rail's holistic vision for smarter mobility, incorporating solutions across three key areas: smart ticketing, mobility management and electrified mobility solutions. While the firm is known for delivering trains and rail infrastructure around the world, including the iconic shinkansen bullet trains, the digitisation of transport systems is an important and growing area of focus.About Hitachi's Lumada Intelligent Mobility Management suiteLumada Intelligent Mobility Management is Hitachi's new suite of smart mobility solutions for cities, transport operators and passengers.The suite represents Hitachi Rail's 360 degrees vision for smarter mobility, incorporating solutions across three key areas:- smart ticketing (including 360Pass)- flow management for people and vehicles; and- electrified mobility solutions Using the suite's 360Motion platform, a real time analytics tool that creates a digital twin of a city's entire transportation network, operators can connect, scale and optimise any combination of these services. As a flexible platform, 360Motion can integrate technology from any existing provider, or draw from the range of solutions within the wider Hitachi group.By offering "as a service" business models to customers, Hitachi Rail aims to make it easier than ever for cities, operators and passengers to accelerate the transformation to more sustainable transportation.About 360Pass: "hands-free" Smart Ticketing technologyPart of Lumada Intelligent Mobility Management's smart ticketing offering, Hitachi Rail is also launching the new 360Pass mobile application for passengers, available on iOS and Android smart phones. The app, launched now available in Genoa, will be rolled out on a city-by-city basis in partnership with local transportation authorities and operators.The connected Bluetooth sensor are easy to install and powered by batteries that last for around five years. The installation and set-up light infrastructure in Genoa took less than six months to be fully-operationally ready. Having proved successful with city's complex mix of public transport modes and challenging geography (dense, hilly and built around successive bays and valleys), Hitachi Rail is confident the technology could be applied to any city around the world.In addition to conventional mobile ticketing capabilities, such as e-ticketing and QR codes, 360Pass is offers innovative hands-free "BeIn BeOut" technology that provides ticketless transportation across multiple modes of transport.The technology uses a network of sensor nodes, installed at strategic points across a transport network, including on trains, buses, parking lots at stops and stations, which connect with the user's 360Pass app via Bluetooth.Once a passenger begins a journey, the app connects with each sensor it passes on the route, recording the full multi-modal journey; for example, different sensors will register a passenger moving between a bus and a metro service. The app then uses the recorded data to calculate the best-priced fare for the passenger at the end of the day, and sends a receipt for the final fare at 3am the next day.The app also provides more personalised information to the passenger, based on the context of their journey - predicting crowding at future stops, and alerting passengers as they approach their destination.Aside from providing a seamless experience for the passenger, the technology can deliver significant benefits for operators, including enhanced data on passengers' full multi-modal journeys, supporting the optimisation of timetables. The technology also has the potential remove large queues and bottlenecks around ticket barriers by using the technology at the entrance to platforms or vehicles.Hitachi Rail's new launch programmes, and decades of experience conventional ticketing, are proving the viability of technology that connects multiple modes of transport across an entire city or region.(1) Source: An independent survey of passengers completed by Transport Focus about views on travel.About Hitachi RailHitachi Rail is a fully integrated, global provider of rail solutions across rolling stock, signalling, service & maintenance, digital technology and turnkey solutions. With a presence in 38 countries across six continents and over 14,000 employees, our mission is to contribute to society through the continuous development of superior rail transport solutions. We are proud of our global achievements, from our world famous "bullet trains", to our signalling solutions and turnkey projects, state-of-the-art traffic management and digital solutions. Drawing on the wider Hitachi Group's market-leading technology and research-and- development capabilities, we strive for industry leading innovations and solutions that can deliver value for customers and sustainable railway systems that benefit wider society. For information about Hitachi Rail, visit www.hitachirail.com Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

Integrated “Future Energy Asia” and “Future Mobility Asia” Exhibition and Summit To Drive Forward ASEAN Energy Transition and Clean Mobility Transformation

July 18, 2022

BANGKOK, Jul 18, 2022 - (ACN Newswire via SEAPRWire.com) - Endorsed and hosted by Thailand's Ministry of Energy, under the patronage of H.E. Supattanapong Punmeechaow, Deputy Prime Minister of Thailand, the world's largest organiser of energy exhibitions and conferences, dmg events, presents Future Energy Asia and Future Mobility Asia. The combination of events are dedicated to accelerating ASEAN's energy transition and clean mobility missions and will be held from 20 to 22 July 2022, at the Bangkok International Trade & Exhibition Centre (BITEC), Bangkok..An International Renewable Energy Agency (IRENA) report estimates that by 2025, around 20% of vehicles in Southeast Asia will be electric, with around 59 million two- to three- wheelers and 8.9 million four-wheel vehicles(1). Coupled with an expected 60% increase in energy demand by 2040 due to rapid economic growth(2), Southeast Asia represents a market with opportunities for robust multi-billion investments. Strategically positioned in Southeast Asia, and having the strongest presence in automotive sector in the region, Thailand provides an ideal venue for the co-located events of Future Energy Asia and Future Mobility Asia 2022."On behalf of the Ministry of Energy of Thailand, we are pleased to inform you that we welcome the FEA 2022 to convene once again in Bangkok together with the FMA 2022. For this, we officially support both FEA 2022 and FMA 2022 events," said Mr Kulit Sombatsiri, Permanent Secretary, Thailand Ministry of Energy."It is a great pleasure for PTT to co-host Future Energy Asia Exhibition and Summit 2022. We are delighted to welcome the industry colleagues back to Bangkok this July 20-22 in person, to connect and explore business partnerships. Established as the platform meeting points for companies and professionals in the energy industry, Future Energy Asia will present ample opportunities for you to engage in meaningful dialogues, forge partnerships and contribute to the region's energy transition developments," said Auttapol Rerkpiboon, President & CEO, PTT.This unified platform, with product and solution showcases, impactful dialogues, and networking opportunities, supports the energy and mobility transitions towards a cleaner sustainable pathway. Future Energy Asia, as a leading energy transition exhibition and summit, gathers top-level stakeholders of gas, LNG, and renewables sectors whilst Future Mobility Asia represents a comprehensive showcase of clean transport mobility concepts, technologies, and innovations. More than 10,000 energy and mobility professionals from over 50 countries will convene at the event.Future Energy Asia and Future Mobility Asia are organised by dmg events, the organisers of Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) and Gastech, the world's largest, most important, and influential events for the oil and gas industry, convening Ministers and industry CEOs. Annually, dmg events attract more than 425,000 visitors to a portfolio of 84 exhibitions each year.Event Highlightsa. Joint opening ceremony officiated by Deputy Prime Minister & Minister of Energy, the Kingdom of Thailand, Petroleum Authority of Thailand (PTT) CEO and PTT Exploration and Production (PTTEP) CEO, with a focus on the drive and efforts towards clean energy and mobility in Thailandb. Memorandum of Understanding (MOU) ceremony by the Thailand CCUS Technology Development Consortiumc. Dedicated strategic summit, technical sessions and exhibition showcase based on the theme "Hydrogen at the heart of energy transformation"d. Country spotlight sessions which delve into Indonesia, Thailand, the Philippines and Vietnam, the most active markets representing multi-billion investment opportunitiese. Highly anticipated regional event convening senior policymakers and industry CEOs across energy and clean mobility industries including:- Auttapol Rerkpiboon, CEO, PTT- Tengku Muhammad Taufik, President and Group Chief Executive Officer, PETRONAS- Dr. Twarath Sutabutr, Chief Inspector General, Ministry of Energy Thailand- Montri Rawanchaikul, Chief Executive Officer, PTTEP- Chanin Khaochan, Deputy Secretary General, Thailand Board of Investment (BOI)- Ranee Kositvanich, Deputy Governor of Fuel Management, EGAT- Joseph McMonigle, Secretary General of International Energy Forum (IEF)- Ir. Mohd Yusrizal bin Mohd Yusof, Managing Director, TNB Renewables- Nguyen Phuong Mai, Deputy Chief of the Office, Electricity and Renewable Energy Authority, Ministry of Industry and Trade (MOIT)- Anatol Feygin, Executive Vice President and Chief Commercial Officer, Cheniere Energy- Joseph T. Buckler, Senior Vice President, Global Sales and Business Development, Babcock & Wilcox- Isabel Chatterton, Asia Pacific Regional Head of Industry, Infrastructure & Natural Resources, International Finance Corporation (IFC)- Worachat Luxkanalode, Executive Director, Grab Thailand and Country Head, Grab Financial Group- Richard Hong, CEO, TUV SUD ASEAN- Kaushik Burman, Head of Global Business Development, Gogoro- Craig Knight, CEO, Hyzon Motors- Alfred Wong, Managing Director - Asia Pacific, Ballard Power Systems- Julien Perez, Strategy & Policy Vice President, OGCI- Dr. Akarin Suwannarat, Special Assistant to CEO & EVP, Energy Absolute PCLExhibitionFuture Energy Asia will showcase global products, solutions and technologies from top players in four industry zones of "Hydrogen", "Gas, LNG and Carbon Capture as low carbon solutions", "Grid technologies and digitalisation" and "Renewables (solar, wind, energy storage)".In Future Mobility Asia, participants will get access to the clean mobility value chain including passenger and commercial vehicle original equipment manufacturers (OEM), aftermarket suppliers, battery, energy storage, charging infrastructure providers and enabling technology.Participating companies include PTT, PTTEP, Cheniere, Dassault Systemes, SEA Electric, Babcock & Wilcox, EVIomo, Baker Hughes, Hexagon, Schneider Electric, Nogaholding, Zeiss and more.Strategic Summits & Technical ConferencesThe Future Energy Asia and Future Mobility Asia conferences feature three days of multi-stream strategic commercial and technical content with over 200 speakers from across the integrated energy and mobility value chain.With the theme "Decarbonising ASEAN's Energy Transition and Transformation", Future Energy Asia will advance the ASEAN region towards a secure, affordable and low-carbon energy future, in line with the net zero mission.Concurrently, Future Mobility Asia propels ASEAN's mobility towards an electric, autonomous, connected and shared future, placing ASEAN at the centre stage of global clean mobility dialogues and thought leadership. Exclusive to this event, executive committees made up of experts and policy makers representing the gas, LNG, renewables, power and mobility sector value chain shapes a world-class Future Energy Asia and Future Mobility Asia summit programmes which are relevant, practical and meaningful for industry practitioners."In Thailand, the Ministry of Energy is driving towards achieving two key goals; net zero by 2065, and 30% electric vehicles by 2030. These two objectives are inextricably linked and require transformative investment-backed actions across the entire value chain of energy and mobility. Other countries in ASEAN are following a similar path. Future Energy Asia and Future Mobility Asia are uniquely created, driven by these policy insights and operate to deliver a clear goal of connecting key decision makers, investors, developers to public and private sector technology, innovation, and solution partners," said Mel Lanvers-Shah, Vice President Asia, dmg events.About Future Energy AsiaOfficially hosted by the Ministry of Energy Thailand and co-hosted by PTT, Future Energy Asia Exhibition and Summit is the region's most important event convening Energy Ministers and industry CEOs who shape and drive the region's energy transition pathways. Co-located with Future Mobility Asia, the 4th edition of Future Energy Asia presents an inclusive platform for over 4,000 energy professionals across the gas, LNG, renewables and power sectors. The event allows key energy stakeholders, buyers and value chain players to network, showcase innovations and realise business partnerships. For more information, please visit https://www.futureenergyasia.com.Please follow us on social media for the latest information: Facebook: https://www.facebook.com/FutureEnergyAsia/ Linkedin: https://www.linkedin.com/showcase/future-energy-asia/About Future Mobility AsiaFuture Mobility Asia is presented as an integrated global exhibition and conference for all stakeholders of mobility driving forward a clean and autonomous mobility transformation in Asia. The event features an extensive display of road mobility technologies and innovations, and aims to converge more than 6,000 trade professionals, global technology thought leaders, ASEAN ministers, and transport fleet owners. Future Mobility Asia is an event organised by dmg events. For more information, please visit https://www.future-mobility.asiaPlease follow us on social media for the latest information:Facebook: https://www.facebook.com/FutureMobilityAsia/ LinkedIn: https://www.linkedin.com/company/fma-2022 Twitter: https://twitter.com/mobility_asiaYouTube: https://www.youtube.com/channel/UCkoFQ9-Gu-gbK60UbaRWb_wAbout dmg eventsdmg events is a leading organiser of face-to-face events and a publisher of trade magazines. We aim to keep businesses informed and connect them with relevant communities to create vibrant marketplaces and to accelerate their business through face-to-face events. dmg events organises more than 80 events across 25 countries, attracting over 425,000 attendees and delegates every year. The company's portfolio of products includes many industry-leading events in the energy, construction, hospitality & design, coatings, and transportation sectors. ADIPEC, Gastech, and EGYPS are the company's flagship energy events. For more information visit www.dmgevents.com.(1) bit.ly/3IMORO7(2) pwc.to/3yI7GNMMedia; please contact:Ms. Srisuput Siangyen and Ms. Utsanee Ua-ariyasup Mind PR Co., Ltd.Tel: 081 694-7807, 094 895-9969Email: srisuput@mind-pr.com, utsanee@mind-pr.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

AIBP: How Technology Contributes to Economical Gaps in Southeast Asia

July 13, 2022

Singapore, Jul 13, 2022 - (ACN Newswire via SEAPRWire.com) - Nearly half of ASEAN based respondents perceived legacy IT infrastructure and systems to be a challenge to digital transformation (DX) and innovation projects within their own company, according to a survey conducted by AIBP in 2021. The survey counted 206 professionals in the public services sector across the largest economies in Southeast Asia: Indonesia, Malaysia, Thailand, Philippines & Vietnam. The same survey showed that 60.6% of respondents believe that business intelligence software is the DX solution that brings the largest benefits to their organisation. Sustainability has also been a growing focus in ASEAN, illustrated by the sustainable mobility and energy targets of ASEAN. The Phnom Penh Declaration on Sustainable Urban Mobility is the first Declaration on sustainable transport issued by the ASEAN Transport Ministers focusing on urban and metropolitan regional mobility. The ASEAN Plan of Action for Energy Cooperation demonstrates the region's commitment to achieving the targets on renewable energy share 23% in total primary energy supply, as well as the 35% share in installed power capacity by 2025. The need for education is underlined as well from a 2021 AIBP survey, where the lack of talent and expertise was ranked as the most significant impediment to digital transformation in ASEAN. In advancing these public interests, tech-powered innovation has and will continue to be key.Tech-powered innovation has continued to be key in advancing public interests such as mobility, sustainable energy and education.Taiwanese Companies Contributing to ASEAN Societies Mobility:With transport mobility being integral to driving economic and social growth, importance is placed on developing innovations in this area and several companies have stepped up to take the lead. PLANET Technology Corporation has solved key issues pervading public transport networks with their Industrial LoRaWAN Wireless Gateway solution. It facilitates data transmission over long-range distances at low power consumption across urban and rural areas, and supports real-time data collection, enabling vehicle detection and location tracking. This contributed to smart parking solutions and allowed commuters to easily check bus timings, improving the overall public transport system. Up-and-coming alternative mobility solutions are getting increased attention as well. Advancements made in vehicle electrification have contributed to the lowering cost of electric vehicles (EV). Coupled with an increasing focus on sustainability in ASEAN, EV adoption and the development of an EV ecosystem are growing. Zealio is one of the key players in the EV interior space. Guided by a user-centric approach, Zealio sought to develop EV components that are easy to install, have zero-interference with other vehicle electronics, are energy efficient and recyclable. Sustainable Energy:Environmental concerns are increasing in ASEAN. Stakeholders in the energy industry are seeking to pivot to a green energy approach and Advantech is at the forefront of this change. Advantech has observed that power plant and grid owners are most concerned about data accuracy, operational efficiency and asset management. To address these needs, the company has developed a smart energy management solution that includes pre-built related analytics. In helping Singapore's National Water Agency (PUB) with the monitoring and tracking of their Floating Solar PV System, Advantech partnered with Mirai Electronics to build an IoT framework that gathers critical equipment and environmental data that is sent to the cloud, various dashboard views including green parameters to facilitate data analytics and visualisation, and a system that enables proactive monitoring and response to tough environmental conditions. Need for Skill Development through Tech-Enabled Education:A 2021 survey conducted by AIBP showed that 39.4% of public services stakeholders believe people are the principal challenge to becoming data driven. As technology continues to play a key role in innovation efforts, workforce skill levels need to keep up and education is integral to nurturing that talent. Enterprises have recognised this need and are providing tech-enhanced solutions to complement traditional educational methods. In pursuit of closing the gap, one successful project was delivered by CYP's Pro AV solutions. CYP integrated their AV solutions together with learning tools such as document cameras, interactive white boards and audio visual devices providing a solution for Vietnam National University, Hanoi (VNU)'s remote learning programmes. This has enabled the concept of smart classroom, which aims to deliver high-quality classes during distance learning and video conferencing, and let teachers engage both in-class and remote students. Another technology provider, IPEVO, has also demonstrated strong commitment to provide real-time image capture document cameras to DIGI@Education, driving student engagement in a hybrid setting. On top of education, IPEVO is able to support corporate trainings, legal and healthcare sectors.About AIBPAIBP serves as an avenue for public and private organisations in Southeast Asia to access and exchange information about growth and innovation within the B2B space. With a current network of over 30,000 stakeholders in Southeast Asia, AIBP continues to develop ecosystems by engaging in activities which create value-adding information for our stakeholders seeking to make transformative impacts within their organisations. For additional information about AIBP, please visit https://iotbusiness-platform.com/.About Taiwan Excellence AwardsAdvantech, Cypress, IPEVO, PLANET, and Zealio were recently recognized by the Taiwan Excellence Awards. These awards have been established by the country's Ministry of Economic Affairs since 1993 to celebrate how technological innovation helps people live more rewarding lives. Each year, the Taiwan Excellence Awards select the most innovative products in Taiwan across four major categories: R&D, design, quality, and marketing. As well as recognizing domestic achievement, the awards serve as a benchmark for innovation and excellence in international markets. Please visit https://www.taiwanexcellence.org/en for more information. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

How Technology Contributes to Economical Gaps in Southeast Asia

July 4, 2022

Singapore, Jul 4, 2022 - (ACN Newswire via SEAPRWire.com) - cThe survey counted 206 professionals in the public services sector across the largest economies in Southeast Asia: Indonesia, Malaysia, Thailand, Philippines & Vietnam. The same survey showed that 60.6% of respondents believe that business intelligence software is the DX solution that brings the largest benefits to their organisation. Sustainability has also been a growing focus in ASEAN, illustrated by the sustainable mobility and energy targets of ASEAN. The Phnom Penh Declaration on Sustainable Urban Mobility is the first Declaration on sustainable transport issued by the ASEAN Transport Ministers focusing on urban and metropolitan regional mobility. The ASEAN Plan of Action for Energy Cooperation demonstrates the region's commitment to achieving the targets on renewable energy share 23% in total primary energy supply, as well as the 35% share in installed power capacity by 2025. The need for education is underlined as well from a 2021 AIBP survey, where the lack of talent and expertise was ranked as the most significant impediment to digital transformation in ASEAN. In advancing these public interests, tech-powered innovation has and will continue to be key.Tech-powered innovation has continued to be key in advancing public interests such as mobility, sustainable energy and education.Taiwanese Companies Contributing to ASEAN Societies Mobility:With transport mobility being integral to driving economic and social growth, importance is placed on developing innovations in this area and several companies have stepped up to take the lead. PLANET Technology Corporation has solved key issues pervading public transport networks with their Industrial LoRaWAN Wireless Gateway solution. It facilitates data transmission over long-range distances at low power consumption across urban and rural areas, and supports real-time data collection, enabling vehicle detection and location tracking. This contributed to smart parking solutions and allowed commuters to easily check bus timings, improving the overall public transport system. Up-and-coming alternative mobility solutions are getting increased attention as well. Advancements made in vehicle electrification have contributed to the lowering cost of electric vehicles (EV). Coupled with an increasing focus on sustainability in ASEAN, EV adoption and the development of an EV ecosystem are growing. Zealio is one of the key players in the EV interior space. Guided by a user-centric approach, Zealio sought to develop EV components that are easy to install, have zero-interference with other vehicle electronics, are energy efficient and recyclable. Sustainable Energy:Environmental concerns are increasing in ASEAN. Stakeholders in the energy industry are seeking to pivot to a green energy approach and Advantech is at the forefront of this change. Advantech has observed that power plant and grid owners are most concerned about data accuracy, operational efficiency and asset management. To address these needs, the company has developed a smart energy management solution that includes pre-built related analytics. In helping Singapore's National Water Agency (PUB) with the monitoring and tracking of their Floating Solar PV System, Advantech partnered with Mirai Electronics to build an IoT framework that gathers critical equipment and environmental data that is sent to the cloud, various dashboard views including green parameters to facilitate data analytics and visualisation, and a system that enables proactive monitoring and response to tough environmental conditions. Need for Skill Development through Tech-Enabled Education:A 2021 survey conducted by AIBP showed that 39.4% of public services stakeholders believe people are the principal challenge to becoming data driven. As technology continues to play a key role in innovation efforts, workforce skill levels need to keep up and education is integral to nurturing that talent. Enterprises have recognised this need and are providing tech-enhanced solutions to complement traditional educational methods. In pursuit of closing the gap, one successful project was delivered by CYP's Pro AV solutions. CYP integrated their AV solutions together with learning tools such as document cameras, interactive white boards and audio visual devices providing a solution for Vietnam National University, Hanoi (VNU)'s remote learning programmes. This has enabled the concept of smart classroom, which aims to deliver high-quality classes during distance learning and video conferencing, and let teachers engage both in-class and remote students. Another technology provider, IPEVO, has also demonstrated strong commitment to provide real-time image capture document cameras to DIGI@Education, driving student engagement in a hybrid setting. On top of education, IPEVO is able to support corporate trainings, legal and healthcare sectors.About AIBPAIBP serves as an avenue for public and private organisations in Southeast Asia to access and exchange information about growth and innovation within the B2B space. With a current network of over 30,000 stakeholders in Southeast Asia, AIBP continues to develop ecosystems by engaging in activities which create value-adding information for our stakeholders seeking to make transformative impacts within their organisations. For additional information about AIBP, please visit https://iotbusiness-platform.com/.About Taiwan Excellence AwardsAdvantech, Cypress, IPEVO, PLANET, and Zealio were recently recognized by the Taiwan Excellence Awards. These awards have been established by the country's Ministry of Economic Affairs since 1993 to celebrate how technological innovation helps people live more rewarding lives. Each year, the Taiwan Excellence Awards select the most innovative products in Taiwan across four major categories: R&D, design, quality, and marketing. As well as recognizing domestic achievement, the awards serve as a benchmark for innovation and excellence in international markets. Please visit https://www.taiwanexcellence.org/en for more information. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

JCN Newswire

Sony and Honda Sign Joint Venture Agreement to Establish New Company, “Sony Honda Mobility Inc.”, to Engage in Mobility Business

June 16, 2022

TOKYO, Jun 16, 2022 - (JCN Newswire via SEAPRWire.com) - Sony Group Corporation ("Sony") and Honda Motor Co., Ltd. ("Honda") announced today that they have signed a joint venture agreement to establish a new company to engage in the sale of high-value-added electric vehicles (EVs) and provide services for mobility. Today's announcement is the furtherance and result of discussion of a strategic alliance in the mobility field between the parties as announced in the joint press release entitled "Sony and Honda Sign Memorandum of Understanding for Strategic Alliance in Mobility Field" on March 4, 2022.The new company will aim to bring together Honda's cutting-edge environmental and safety technologies, mobility development capabilities, vehicle body manufacturing technology and after-sales service management experience, with Sony's expertise in the development and application of imaging, sensing, telecommunication, network and entertainment technologies, to realize a new generation of mobility and services for mobility that are closely aligned with users and the environment, and continue to evolve going forward.Sony and Honda plan to establish the new company within 2022 and to begin the sale of EVs and provision of services for mobility in 2025. The establishment of the new company and the start of business are subject to relevant regulatory approvals.New Company Overview (Planned)Company name: Sony Honda Mobility Inc.Location: Tokyo, JapanCapital: 10 billion yenInvestment ratio: Sony Group Corporation 50%, Honda Motor Co., Ltd. 50%Members of the board:Yasuhide Mizuno, Representative Director, Chairman and CEO Izumi Kawanishi, Representative Director, President and COO　Shugo Yamaguchi, Director and Deputy PresidentKojiro Okabe, Director and Executive Vice PresidentManabu Ozawa, Director (Honda Motor Co., Ltd.)Naoya Horii, Director (Sony Group Corporation)Comment from Kenichiro Yoshida, Representative Corporate Executive Officer, Chairman, President and CEO, Sony Group Corporation"Based on our vision to 'make the mobility space an emotional one,' Sony's initiatives in the mobility business are centered around the three areas of safety, entertainment and adaptability. As we continue our learnings in these areas, we are excited to have met a partner, Honda, with extensive global achievements and knowledge, and to sign the joint venture agreement between the two companies. Going forward, we aim to contribute to the evolution of mobility by combining Honda's cutting-edge environmental and safety technologies, mobility development capabilities, vehicle body manufacturing technology and after-sales service management experience, with our expertise in imaging, sensing, telecommunication, network and entertainment technologies."Comment from Toshihiro Mibe, Director, President, Representative Executive Officer and CEO, Honda Motor Co., Ltd."Honda continues to take on new challenges in the environmental, safety, and other advanced fields in order to be a driving force for social change through mobility, and 'become the power that supports people around the world who are trying to do things based on their own initiative'. We are very pleased to have signed a joint venture agreement with Sony, which has strengths in advanced digital technology, and shares our desire to take on new challenges. Since its announcement in March, many people have expressed their expectations for this joint venture. At the new company, we will strive to create new value through the fusion brought about by the combination of our different industries, so please look forward to future developments."Comment from Yasuhide Mizuno, Representative Director, Chairman and CEO of Sony Honda Mobility Inc. (Planned) and Senior Managing Officer of Honda Motor Co., Ltd."We are very pleased to sign this joint venture agreement, which represents the start line from which we embark on the major challenge of revolutionizing mobility and creating new value. We plan to fully leverage the technological assets the two companies possess in different fields, such as Sony's sensing technology and Honda's original mobility development capabilities, to realize mobility and services that inspire and excite our customers. By bringing together the expertise of both companies, we aim to lead the way in a new era."Comment from Izumi Kawanishi, Representative Director, President and COO of Sony Honda Mobility Inc. (Planned) and Executive Vice President of Sony Group Corporation"I am very pleased to have reached this day, which represents a major milestone in realizing the initiatives we have been working on until now with the aim of contributing to the evolution of mobility. By combining the many strengths of Sony and Honda, we intend to accelerate development and lead the evolution of mobility by realizing mobility as an emotional space rooted in safety and security, and the related services." Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)