Mitsubishi Electric
Mitsubishi Electric showcases HubPilot autonomous distribution yard logistics platform
Mitsubishi Electric Automotive America unveiled its HubPilot autonomous distribution yard logistics platform as a service. The system combines software systems, on-vehicle sensing, and infrastructure-based sensing with high-definition mapping to increase safety and security while optimizing logistics efficiency.
The
Renesas terminates capital relationship with former parent companies
Mitsubishi Electric Corporation (Mitsubishi Electric) announced that it will divest all of its shares in Renesas Electronics Corporation (Renesas) as of February 29.
In January, NEC Corporation (NEC) and Hitachi Ltd. (Hitachi) also divested their entire shares in Renesas.
Renesas was established in 2010 through mergi
Mitsubishi Electric, ME Innovation Fund invests in Hayden AI Technologies for traffic safety
On December 8, Mitsubishi Electric Corp. announced that its ME Innovation Fund has invested in Hayden AI Technologies, Inc., a U.S.-based startup company that provides image analysis technology to traffic violation enforcement services.
This is the sixth investment the fund has made to date.
Hayden AI Technologies us
Mitsubishi Electric announces automotive-equipment business split company name “Mitsubishi Electric Mobility”
Mitsubishi Electric Corporation (Mitsubishi Electric) announced that it has decided the name of its new subsidiary, Mitsubishi Electric Mobility Corporation, that has been formed as part of the planned spinoff of Mitsubishi Electric’s automotive-equipment business. This spinoff announced in October will take place in
Mitsubishi Electric to split automotive-equipment business in April 2024
Mitsubishi Electric Corporation (Mitsubishi Electric) announced that it will transfer its automotive-equipment business and assets in April 2024 to a future wholly owned subsidiary, Melco Automotive Equipment Business Split Preparation Corporation (Prep Company), through an absorption-type company split. The Prep Com
Mitsubishi Electric selects BlackBerry to power its FLEXConnect in-vehicle system
Mitsubishi Electric and BlackBerry Limited announced that Mitsubishi Electric's new automotive in-cabin system, Mitsubishi Electric FLEXConnect, will be powered by BlackBerry IVY, an edge-to-cloud vehicle data platform. The collaboration will help advance road safety by leveraging an array of sensor data to anticipat