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

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 […]

TVS Motor Company’s Chairman Sir Ralf Speth conferred with University of Warwick’s Honorary Doctorate

Singapore, Jan 21, 2023 – (ACN Newswire via SEAPRWire.com) – Sir Ralf Speth, Chairman of TVS Motor Company, has been conferred with an Honorary Doctorate in the field of Science (Doctor of Science, honoris causa) from the University of Warwick, United Kingdom. The honorary degree was conferred by the University of Warwick Chancellor Baroness Catherine […]

LG Energy Solution and Honda Formally Establish Battery Production Joint Venture

TOKYO, Jan 16, 2023 – (JCN Newswire via SEAPRWire.com) – LG Energy Solution (LGES; KRX: 373220) and Honda Motor Co., Ltd. (Honda) today announced the formal establishment of the joint venture (JV) which will produce lithium-ion batteries for electric vehicles (EV) produced by Honda. The JV will begin construction of a new battery plant early […]

PHL motor vehicle output up 6.9% in first 11 months 

PHILIPPINE motor vehicle production in the first 11 months rose 6.9% from a year earlier, according to the ASEAN Automotive Federation (AAF).  Philippine motor vehicle production during the period totaled 84,138 units, according to AAF data posted on its website. The Philippine growth rate lagged those of its neighbors, with Myanmar output rising 134.4%, Vietnam […]

TVS Motor Company readies itself to rule the virtual world of racing; Introduces the TVS Apache RR 310 in Gameloft’s Asphalt 8: Airborne, for racing enthusiasts

Singapore, Dec 16, 2022 – (ACN Newswire via SEAPRWire.com) – TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers globally, announced today its partnership with Gameloft for brands for Asphalt 8: Airborne featuring its flagship motorcycle, TVS Apache RR 310. It makes TVS Motor the first Indian two-wheeler manufacturer to bring a virtual racing […]

Toyota Motor Thailand Marks 60th Anniversary

TOKYO, Dec 14, 2022 – (JCN Newswire via SEAPRWire.com) – Toyota Motor Corporation (TMC) announces that Toyota Motor Thailand Co., Ltd. (TMT), its vehicle manufacturing and distribution subsidiary in Thailand, held a ceremony today in Bangkok, Thailand to celebrate its 60th anniversary. Approximately 1,500 people attended the ceremony, including Supattanapong Punmeechaow, Deputy Prime Minister and […]

Fujitsu, Toyota Systems leverage Fujitsu’s Quantum-Inspired Digital Annealer to streamline automobile production sequence

TOKYO, Oct 21, 2022 – (JCN Newswire via SEAPRWire.com) – Fujitsu Limited and Toyota Systems Corporation (hereinafter Toyota Systems) today announced the launch of a new automobile production instruction system at Toyota Motor Corporation’s (1) Tsutsumi plant leveraging Fujitsu’s Quantum-Inspired Digital Annealer technology (2). The Digital Annealer offers users access to powerful combinatorial optimization problem-solving […]

Hitachi: Development of an Anti-Jerk Control to Improve Ride Comfort of Electrified Vehicles and Prototype of motor torque control to improve power consumption and stability of electrified vehicles

TOKYO, Oct 20, 2022 – (JCN Newswire via SEAPRWire.com) – Hitachi Astemo, Ltd. has developed a prototype of an anti-jerk control that improves ride comfort by reducing the back-and-forth jerk* that occurs when the vehicle stops, and a motor torque control (motor ABS (anti-lock braking system)) that improves electricity consumption, driving stability and a sense […]

Leadrive Technology Completes Series C Financing, Legend Capital Re-upped

HONG KONG, Sep 25, 2022 – (ACN Newswire via SEAPRWire.com) – Leadrive Technology, a leading supplier of power semiconductor and motor control solutions for new energy vehicles, recently announced its completion of the series C financing. As the existing shareholder, Legend Capital continued to support this round of financing. This round of financing will be […]

The Velocity Q&A: Ma. Cristina Fe Arevalo [President and CEO Toyota Mobility Solutions Philippines, Inc. (TMSPH)]

Interview by Kap Maceda Aguila VELOCITY: What is Toyota Mobility Solutions Philippines all about? MA. CRISTINA FE AREVALO: Okay, in a nutshell, Toyota Mobility Solutions Philippines is an integrated mobility solutions provider where we utilize systems and applications that will maximize efficiency in transportation of people and goods. So, these systems and applications can result […]

The Velocity Q&A: Vince S. Socco (Chairman, GT Capital Auto and Mobility Holdings Director, Toyota Motor Philippines Corp. Vice-Chairman, Lexus Manila, Inc.)

1 of 3 Vince Socco poses with a Lexus LFA. — PHOTO FROM LEXUS PHILIPPINES Mr. Socco speaks at the Hybrid Electric Vehicle (HEV) Technology Conference in May 2019. The event was attended by government officials, Toyota technology experts, environment resource persons, members of the academe, and the press. — PHOTO BY KAP MACEDA AGUILA […]

Hitachi Power Semiconductor Device Develops High-Voltage Motor Driver IC Products

TOKYO, Jun 7, 2022 – (JCN Newswire via SEAPRWire.com) – Hitachi Power Semiconductor Device, Ltd. (HPSD) has developed two High-Voltage Motor Driver ICs primarily for room air-conditioners. The single-chip IC products ‘ECN30216’ & ‘ECN30624’ are able to tolerate large variation of supply voltage. Both products possess the function of shutting down all the output devices […]

Sudarshan Venu Elevated as Managing Director of TVS Motor Company

Singapore, May 6, 2022 – (ACN Newswire via SEAPRWire.com) – TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers globally, announced at its board meeting today the elevation of Sudarshan Venu as Managing Director of the Company, effective today. Sudarshan Venu, Managing Director Sudarshan has been charting the future of one of India’s leading […]

TVS Motor Company acquires Switzerland’s largest e-bike player – Swiss E-Mobility Group AG (SEMG)

Singapore, Jan 27, 2022 – (ACN Newswire via SEAPRWire.com) – TVS Motor Company today announced the successful acquisition of a 75% stake in the Swiss E-Mobility Group (SEMG). The acquisition reaffirms TVS Motor Company’s commitment to expansion in Europe through a portfolio of premium and technology leading brands, including Norton Motorcycles and EGO Movement, which […]

TVS Motor Company and BMW Motorrad Announce the Expansion of their Cooperation Agreement for Future Technologies and Electric Vehicles

Singapore, Dec 15, 2021 – (ACN Newswire via SEAPRWire.com) – TVS Motor Company and BMW Motorrad today announced that they are extending and expanding their long-term partnership with the joint development of new platforms and future technologies, including Electric Vehicles. Based on this decision, TVS Motor Company’s scope will include the design and development of […]