Image: Transit Alliance Ventures, the venture capital division of the Renault-Nissan-Mitsubishi Alliance, has made two new strategic investments. Its latest is in Transit, a multi-modal transport app firm based in Montreal, Canada, which has produced an app functional in over 175 metropolitan areas around the world. Transit’s app ...
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Renault, acknowledging the transformation of the automotive industry, will bundle all its mobility activities in a new operating subsidiary called ‘Mobility as an Industry (MAI).’
Renault and Nissan have signed an agreement with Waymo to jointly explore the feasibility of driverless mobility services.
A squeeze on automotive suppliers, together with the adaptation of new technology, will lead some major players to play a bigger role in overall vehicle development cycles, especially in shaping customer user experiences
Many people would welcome a future of shared mobility, electric and autonomous vehicles and deliveries by drone, but most don’t believe they will see it anytime soon.
James Cox, former head of product planning at Uber, talks about leading product technology at EV startup Canoo and why he thinks the company will succeed with its subscription-based vehicle offering.
Although automotive OEMs will face years of stagnant vehicle sales, a stronger recovery thereafter will bring growth back up to long run averages and herald a return to stronger profits. By then, however, the industry is likely to have undergone further consolidation.
