Japanese automotive manufacturer DENSO Corporation, along with Ericsson, Intel Corporation, Japanese telecom company NTT DOCOMO and Toyota announced that they have initiated the formation of the Automotive Edge Computing Consortium.
Chinese bike-sharing provider ofo and SoftBank Commerce & Service Corp. (SoftBank C&S) announced that the two have reached a basic agreement to collaborate on the deployment of ofo's global bike-sharing business in Japan.
Japanese multinational car manufacturer, Toyota Motor Corp has confirmed that it will begin its production of electric vehicles on a mass scale in China by 2019. In addition to this, the automotive colossus which is headquartered in Aichi, declared that the electric model it plans to produce will be manufactured for the Chinese market solely.
A Chinese firm is currently under investigation following reports its CEO tested a driverless vehicle on public roads. Baidu, which is China's equivalent to Google, is its biggest search engine provider in the country and the organization announced earlier this week that it intends to invest in self-driving technology.
India's government is currently examining ways in which it can reduce the growing problem of urban congestion in major cities across the country. The government has formed a federal think-tank, which is chaired by the Indian Prime Minister Narendra Modi. Prime Minsiter Modi has previously called for reduced car ownership and believes the use of private vehicles as shared taxis could be the ideal solution to India's traffic woes.
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