Singapore tops Oliver Wyman Forum’s inaugural Urban Mobility Readiness Index: How Cities Rank on Mobility Ecosystem Development. The index ranks 30 cities on how prepared they are to incorporate the latest mobility technologies and what they are doing to reshape urban mobility. The top five cities are Singapore, Amsterdam, London, Shanghai, and New York. Dubai ranks 19th and Riyadh ranks 26th globally.
Singapore, a renowned test-bed for self-driving vehicles, plans to launch a public trial of driverless buses which can be booked through an app.
Nokia and FAW Group signed an MoU to pursue a research project on smart connected cars, industrial IoT, digital transformation and smart manufacturing.
Volvo and Nanyang Technological University launched an autonomous electric bus in Singapore on Tuesday.
A Silicon Valley startup working on self-driving delivery vehicles announced nearly a billion dollars in fresh funding from the SoftBank Vision Fund. The $940 million in financing from SoftBank brought the total amount of funding raised by Nuro to more than $1 billion, with investors including Greylock Partners and Gaorong Capital, according to the company.
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