Tag: Mobility

TomTom to sell Telematics unit to Japan’s Bridgestone for $1.03b

January 22, 2019 TomTom, the Dutch navigation and digital maps company, said on Tuesday it has agreed to sell its Telematics, or the fleet management business, to Japan’s Bridgestone for 910 million euros (£802.5 million or $1.03 billion). The company will return 750 million euros of that to shareholders via a capital repayment and share… Continue reading TomTom to sell Telematics unit to Japan’s Bridgestone for $1.03b

Above the clouds: The new BMW 7 Series – ready for a luxury experience at the highest level.

Munich. With the new BMW 7 Series, driving pleasure and ride experience reach an unprecedented new level in the luxury segment. After the world premiere of the luxury sedan in Shanghai, now the market launch campaign for the new BMW 7 Series follows with a powerfully emotional film at its centre. The campaign film, designed… Continue reading Above the clouds: The new BMW 7 Series – ready for a luxury experience at the highest level.

India Digest: Mytrah Mobility, Hitachi Payment, Dena Bank in the news

January 22, 2019 Mytrah Mobility has bagged $1b financing from UN-backed Green Climate Fund, while Hitachi Payment Services is acquiring 26 per cent stake in SBI Payment Services. Also, Dena Bank is selling 14 of its prime properties. Mytrah Mobility gets $1b funding from UN-backed Green Climate Fund UN-backed Green Climate Fund (GCF) will be channelising funds… Continue reading India Digest: Mytrah Mobility, Hitachi Payment, Dena Bank in the news

Understanding the fine art of calculating risk and mobility on the roadways

When choosing a mapping solution to power a landmark process for assessing risk on the road, Motion-S selected HERE maps to get the job done. The value of understanding how people drive, the factors that affect how people drive, and the context of a multitude of driving situations can’t be understated. This area of data… Continue reading Understanding the fine art of calculating risk and mobility on the roadways

Uber is working on autonomous electric bicycles and scooters, opens robotics division

Uber has been working on autonomous vehicles for years. However, they’ve always been of the four-wheeled variety. Now it appears that the ridesharing giant is focusing on autonomous electric bicycles and scooters as well. Uber wants autonomous electric bicycles and scooters Uber is apparently working to integrate autonomous driving and sensing technology into their electric… Continue reading Uber is working on autonomous electric bicycles and scooters, opens robotics division

Uber Said to Be Developing Self-Steering Bikes and Scooters

Scooter Clutter Bike and scooter sharing companies have been cluttering the streets of major cities around the world for some years now. And not everybody’s happy — when they’re not returned to a charging station, they can quickly become a nuisance to pedestrians. But if the latest reports are to be believed, those scooters and bikes… Continue reading Uber Said to Be Developing Self-Steering Bikes and Scooters

Press release / January 7, 2019 LeddarTech Signs Nagase & Co. Ltd as Its Exclusive Distributor for Japan   LeddarTech selects Nagase as distributor of its mobility LiDAR products in Japan. A first collaborative event will take place at CAR-ELE-JAPAN in Tokyo on January 16-18, 2019, where they will showcase LeddarTech’s technology to the automotive industry. 

Leddartech/Press release/LeddarTech Signs Nagase & Co. Ltd as Its Exclusive Distributor for Japan

LeddarTech Signs Nagase & Co. Ltd as Its Exclusive Distributor for Japan
LeddarTech selects Nagase & Co. Ltd. as distributor of its mobility LiDAR products in Japan, effective now. A first collaborative event will take place at CAR-ELE-JAPAN in Tokyo on January 16-18, 2019, where they will showcase LeddarTech’s solid-state LiDAR technology to the automotive industry.

QUEBEC CITY, January 7, 2019 — LeddarTech, an industry leader providing the most versatile and scalable auto and mobility LiDAR platform, today announced that it has selected Nagase & Co. Ltd. as the distributor of its solid-state LiDAR solutions for ADAS and autonomous vehicles in Japan.

“We are honored to represent LeddarTech’s visionary LiDAR technology in Japan,” stated Koichi Kawahito, Division Manager of the Automotive Electronics division at Nagase. He added: “LeddarTech’s LiDAR mobility platform brings to Tier-1 suppliers a differentiated, compelling automotive LiDAR offering that is in line with Nagase’s mission to expand its automotive business to distributing components and systems as well as offering software and design services for advanced driving assistance systems (ADAS), electrical vehicle and human-machine interfaces.”

A memorandum of understanding between the two parties was signed at the beginning of December. Nagase will be responsible for the promotion and sales in Japan of LeddarTech’s LCA2 LeddarEngine and LCA3 LeddarEngine, which are highly integrated solid-state LiDAR cores that are comprised of a LeddarCore system on chip (SoCs) and coupled with the LeddarSP signal processing software. In addition, Nagase will provide high-quality, first-line product support to local customers.

“LeddarTech is truly committed to providing the best technology and support to our worldwide customers. We are proud to be associated with such a reputable distributor as Nagase & Co., Ltd.,” stated Adrian Pierce, Vice-President of Global Sales and Business Development at LeddarTech.

Charles Boulanger, LeddarTech’s CEO, added: “We intend to bring great value to our mobility customers in Japan with our distinctive business model that is based on a comprehensive LiDAR development platform. This platform provides Tier-1 suppliers with the ability to design and mass produce customized automotive-grade, high-performance, and cost-efficient LiDAR solutions for the most demanding automotive use cases.”

Presence at CAR-ELE-JAPAN – January 2019

LeddarTech’s and Nagase’s close collaboration will be showcased at CAR-ELE-JAPAN, from January 16 to 18, 2019 in Tokyo, Japan. Together, at booth number E47-002, they will present and demonstrate 3D Flash solid-state LiDAR solutions based on the LCA2 LeddarEngine.

The CAR-ELE JAPAN show brings together automotive electronics technologies, such as components, materials, software, manufacturing equipment and testing technologies, etc. It attracts automotive OEMs and Tier 1 suppliers and has become a must-attend event for automotive industry professionals.

About Nagase

Nagase & Co., Ltd. is a chemical trading firm, founded in Kyoto, Japan in 1832. The Nagase Group began as a specialized sales agent securing exclusive contracts to sell industry-leading products from around the world in Japan. Over the years, the company has leveraged its technology and information gathering expertise—as well as its global network—to transform its business into a hybrid model offering superior manufacturing, processing and R&D functions as well as trading company services. The Automotive Solutions department has been providing high functional material and parts into the automotive industry for a long time and is now focusing on delivering state-of-the-art technologies into the market to realize a safer and more comfortable mobility society.

More information is accessible at www.nagase.co.jp/english

About LeddarTech

LeddarTech is an industry leader providing the most versatile, scalable auto and mobility LiDAR platform based on the unique LeddarEngine, which consists of a suite of automotive-grade, functional safety certified SoCs working in tandem with LeddarSP signal processing software. The company is responsible for several innovations in cutting-edge mobility remote-sensing applications, its patented technologies enhancing ADAS and autonomous driving capabilities for automobiles, trucks, buses, delivery vehicles, robotaxis, shuttles, and more. Additional information about LeddarTech is accessible at www.leddartech.com, and on LinkedIn, Twitter, Facebook and YouTube.

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Uber’s next big idea is self-driving scooters and bikes

Uber is broadening its self-driving vehicle ambitions beyond just cars. Now it’s going after two-wheel drives. The firm is reportedly working on self-driving scooters and electric bikes, announcing its plans at a robotics event on Sunday. Chris Anderson, chief executive of robotics firm 3D Robotics, said Uber had announced the scooters and bikes would be… Continue reading Uber’s next big idea is self-driving scooters and bikes

Tech Mahindra to Fuel Digital Growth in Bangladesh

Tech Mahindra to Fuel Digital Growth in Bangladesh

Company plans to scale up operations in the country to deliver next generation technology solutions and service offerings across sectors

Dhaka, New Delhi – January 21, 2019: Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services, which already has a considerable presence in the Bangladesh IT industry, will fuel digital growth in Bangladesh across government and private sectors. Tech Mahindra plans to address the growing business opportunities that have come up with the booming IT market in the country through its innovative next generation technology solutions and service offerings.

Tech Mahindra currently offers a diverse range of professional services to clients in the Telecom and BFSI (Banking, Financial Services and Insurance) space in Bangladesh and is also running large scale operations in the financial inclusion space. As part of its expansion strategy, Tech Mahindra aims to focus on generating new revenue streams through digital transformation projects in both Government as well as private sector across various industries with focus on ICT (Information and Communications Technology) & government business.

Sujit Baksi, President, Corporate Affairs, Tech Mahindra, said, “Driven by strong domestic demand and macroeconomic stability, Bangladesh has emerged as one of the most buoyant economies of the SAARC region. Adding fuel to that fire, is the rapidly growing communication landscape that has thrived with increased Internet connectivity, smart mobility and rise of digital media. We at Tech Mahindra, are bullish on the strong growth potential of this market and hope to leverage our digital expertise in pushing forward the “Digital Bangladesh mandate.”

“Creating jobs, boosting investments, diversifying exports and building human capital will be the key focus areas for the Bangladesh economy to sustain itself in the coming years. We look forward to collaborate with the country in its pursuit of a 'Developed Bangladesh' agenda and we hope to forge formidable partnerships with local businesses in the region to nurture and utilize local talent pool to make the most of this opportunity,” he further added.

With a sustained GDP (Gross Domestic Product) growth rate of more than 7%, rising per capita income and improved social indicators, Bangladesh has become one of Asia's most remarkable success stories in recent years. With over 9% increase in GDP growth rate forecasted in the next five years, Bangladesh's dynamic and growing economy, booming IT market and strategic location next to India, China and the ASEAN markets, provides the perfect opportunity for Tech Mahindra to expand its operations in the country, as well as generate revenues from the SAARC region.

As part of the TechMNxt charter, Tech Mahindra aims to leverage its global expertise in the use of cutting-edge digital technologies such as Blockchain, 5G – Telecom of the Future, Artificial Intelligence, Automation, Robotics, and Internet of Things to develop solutions that cater to the rapid evolving needs of the consumers in Bangladesh.

Tech Mahindra already has a sizable presence in Bangladesh along with its subsidiary, Mahindra Comviva, which has an extensive portfolio spanning mobile finance, content, infotainment, messaging and mobile data solutions. As part of the USD 21 billion Mahindra Group – a major player in the Bangladesh market across various sectors since the past 20 years – Tech Mahindra aims to leverage the footprints of its parent organization to scale up its operations in the country.

About Tech Mahindra

Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise™. We are a USD 4.9 billion company with 118,390+ professionals across 90 countries, helping over 930 global customers including Fortune 500 companies. Our convergent, digital, design experiences, innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value and experiences to our stakeholders. Tech Mahindra is the highest ranked Non-U.S. company in the Forbes Global Digital 100 list (2018) and in the Forbes Fab 50 companies in Asia (2018).

We are part of the USD 21 billion Mahindra Group that employs more than 200,000 people in over 100 countries. The Group operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, after-market, information technology and vacation ownership.

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For more information on Tech Mahindra, please contact:

Tuhina Pandey,
Global Corporate Communications
Agency contact if any
Email: media.relations@techmahindra.com;
Tuhina.Pandey@TechMahindra.com