Sony Corp. to launch an AI-based taxi-hailing service in Japan

Sony Corporation said today that it will build an AI-based ride-hailing system in Japan in partnership with five taxi companies. The service will use artificial intelligence to manage taxi dispatches and forecast demand based on factors like weather, traffic and local events. Sony’s announcement came just before Uber chief executive officer Dara Khosrowshahi, who is… Continue reading Sony Corp. to launch an AI-based taxi-hailing service in Japan

Toyota Develops New Magnet for Electric Motors Aiming to Reduce Use of Critical Rare-Earth Element by up to 50%

Toyota Motor Corporation (Toyota) announces that it has developed the world’s first neodymium-reduced, heat-resistant magnet. Neodymium magnets are used in various types of motors such as the high-output motors found in electrified vehicles, use of which is expected to increase rapidly in the future. The new magnet uses significantly less neodymium, a rare-earth element (“rare… Continue reading Toyota Develops New Magnet for Electric Motors Aiming to Reduce Use of Critical Rare-Earth Element by up to 50%

UPDATE 2-Japan’s Sony to form alliance to build taxi-hailing system

TOKYO (Reuters) – Sony Corp said on Tuesday it would become the latest blue-chip firm to jockey for position in Japan’s taxi and ride-hailing market, with plans for a joint venture to develop an artificial intelligence-based hailing system. Japan is seen as a potentially lucrative ride-hailing market, with regulators under pressure to ease stringent rules.… Continue reading UPDATE 2-Japan’s Sony to form alliance to build taxi-hailing system

DENSO Announces Management Changes

KARIYA (Japan) ―DENSO Corporation today announced management changes, which were approved at today’s board of directors meeting. The following management changes will be effective April 1, 2018: (1)Toshiyuki Kato will be appointed to executive vice president. Currently he is a senior executive director. (2)The following will be appointed as senior executive directors: Kazuaki Fujitani, currently… Continue reading DENSO Announces Management Changes

Top Automotive Industry News for Week of February 12 – February 18, 2017

Here is the most important news associated with the automotive industry identified by the SEA for the week February 12, 2018 – February 18, 2018. We hope it helps you stay up to speed on the key developments in our industry: -AEA Membership News- The 2018 NADA AEA Member Reception is coming soon! The next… Continue reading Top Automotive Industry News for Week of February 12 – February 18, 2017

The Smart car goes electric before it plans its autonomous future

Look at some of the autonomous vehicle concepts, predicting a future of us being able to treat a car as a lounge or work area when we don’t want to actually drive, and you’ll notice one thing: space. By that, I mean the space they take up on the road. Everyone seems to be designing… Continue reading The Smart car goes electric before it plans its autonomous future

Toyota Design Chief Says the Future of Cars Is Custom Speedsters and Rolling Boxes

The man with the final word on design at one of the world’s biggest automakers sees a future dominated by self-driving boxes-on-wheels and souped-up sports cars. For Simon Humphries, who as of this year oversees design globally across Toyota Motor’s namesake and luxury Lexus brands, mobility will follow two divergent paths. One is the e-Palette,… Continue reading Toyota Design Chief Says the Future of Cars Is Custom Speedsters and Rolling Boxes

Elon Musk promises Model 3 safety changes after crash report

Engadget Tesla has an excellent reputation for safety and it looks like the Model 3 is just as solid as its other EVs — but it still needs a few tweaks. Reddit user “Model 3 Crash Dummy” managed to walk away from an accident that totaled his car, despite the fact that “the paramedics said… Continue reading Elon Musk promises Model 3 safety changes after crash report

Denso strengthens connectivity business, takes stake in Creationline

Denso Corporation has taken an equity stake in Japanese company Creationline, which excels at deploying and integrating cloud and other technologies that enable next-generation software development, including open source software. The auto industry is undergoing a once-in-a-century paradigm shift. Competition continues to intensify as new players from other industries enter the market and as speed… Continue reading Denso strengthens connectivity business, takes stake in Creationline

Dyson will produce not one, not two, but three electric cars

James Dyson has said that the company has invested “heavily” in solid-state battery technology Electric cars are all the rage now, with manufacturers from Ford and Citroen to BMW and Tesla getting in on the action. What we didn’t expect was a vacuum vendor to make their mark. British firm Dyson, best known for its… Continue reading Dyson will produce not one, not two, but three electric cars