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Sumitomo to develop ammonia-fueled bulker with Oshima, explore ammonia fuel business with Keppel

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Sumitomo Corporation will launch a full-scale project to design and develop an ammonia-fueled dry bulk carrier jointly with Oshima Shipbuilding Co., In 2018, the International Maritime Organization (IMO) adopted a strategy to reduce greenhouse gas (GHG) emissions from international shipping. Speed is to be 14.3

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Singapore LTA selects nuTonomy for trials of autonomous mobility-on-demand transportation service; new AV testing center

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In addition to Delphi ( earlier post ), Singapore’s Land Transport Authority (LTA) has also selected nuTonomy to begin trials of an autonomous mobility-on-demand transportation service. Singapore-based nuTonomy is the first, and to date, only private enterprise approved by the Singapore government for the testing of AVs on public roads.

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Hyundai Motor Group deepens partnership with Grab to accelerate EV adoption in Southeast Asia

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The Group—including Hyundai Motor Company and Kia Corporation—and Grab will further develop new pilots and initiatives that lower the barriers of entry for Grab driver and delivery-partners to adopt EVs, such as lowering the total cost of ownership and reducing range anxiety.

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Autonomous driving software company nuTonomy closes $16M A round

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In Singapore, where nuTonomy has strong governmental support, the round included participation from EDBI, the dedicated corporate investment arm of the Singapore Economic Development Board. The funding included significant participation from prior investors Fontinalis Partners and Signal Ventures.

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Robert Bosch Venture Capital leads US$17.5M investment in Teralytics; advanced mobility analytics using telecom data

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Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital company of the Bosch Group, is leading a US$17.5-million billion in 2018, at an estimated compound annual growth rate (CAGR) of 15.4% from 2013 to 2018. It uses proprietary artificial intelligence to extrapolate insights, anonymized and aggregated.

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nuTonomy to test its self-driving cars on specific public roads in Boston

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The testing in Boston will enable nuTonomy to build on the knowledge it has gained from the public road tests and public trials it has been conducting in Singapore’s one-north business district. nuTonomy plans to launch its self-driving mobility-on-demand service in Singapore in 2018. Earlier post.).

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Autonomous vehicle simulation company MORAI secures US$20M Series B

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MORAI was co-founded in 2018 by three autonomous driving researchers from the Korea Advanced Institute of Science and Technology (KAIST). Digital Twin Environment generated from MORAI SIM – Duluth, MN. The company subsequently has established itself as South Korea’s sole provider of full-stack autonomous vehicle simulation solutions.

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