Smart Mobility Deployments AP

China to lead global autonomous vehicle market valued at $1 trillion

A UK-based financial services firm has claimed that China has stolen a march on other countries, and will lead the global autonomous vehicle market, which is expected to be worth around $1 trillion by 2040. IHS MARKIT has suggested that China will spearhead the self-driving revolution and said that the country had already embarked upon a number of initiatives aimed at establishing itself as the major player in the emerging industry.

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Nissan and Japanese software firm to launch public trials of self-driving service next year

Japanese car manufacturing giant Nissan and its software gaming partner DeNA has announced that it plans to commence the public pilot of its self-driving ride-sharing service in Japan early next year. The disclosure represents the latest collaboration between a global car manufacturer and a technology firm that is leveraging automated driving technology into new mobility solutions.

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Venture-backed start-up launches 'smart-scooters' in Japan

A Taiwanese venture-backed start-up has agreed to partner with a leading Japanese investment company in an attempt to deploy its electric 'smart-scooters' in the technologically-driven country. Gogoro, which was founded in 2011, formally announced its agreement with global trading and business investment colossus Sumitomo Corporation.

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Samsung set to enter race to develop self-driving cars

South Korean conglomerate Samsung Electronics has announced that it intends to become a major player in the global race to develop autonomous driving technology. It has been claimed that Samsung will formally outline its strategy for the automotive sector at the Frankfurt Motor Show later this week.

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