Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Monday, 7 October 2019, 17:08 HKT/SGT
Share:
    

Source: Honda
Honda Acquires Drivemode, Developer of Smartphone Apps for Drivers

TOKYO, Oct 7, 2019 - (JCN Newswire) - Honda R&D Co., Ltd., a research and development subsidiary of Honda, has announced that it has acquired all of the outstanding shares of the California-based Drivemode, Inc., in order to further strengthen Honda's new value creation in the areas of digital and connected mobility products. With the acquisition, on September 26, 2019, Drivemode became a wholly-owned subsidiary of Honda R&D.

Drivemode is a startup that develops and operates smartphone-based connected services, excelling in multiple areas such as the development of the user interface and application as well as cloud-based technologies. Honda R&D and Drivemode have been collaborating and conducting joint development activities since 2015 through the Honda Xcelerator program(1), an open innovation program Honda has been pursuing on a global basis(1).

In April 2019, Honda newly established the Digital Solution Center within Honda R&D, which will focus on creating new value through utilization of digital technologies. With this acquisition, the Digital Solution Center and Drivemode will work together to accelerate new value creation in the area of connected mobility services, which will contribute to Honda's vision to serve people worldwide with the "joy of expanding their life's potential."

"As a step toward the realization of value creation for mobility and enhancing people's daily lives, which is an integral part of Honda's 2030 Vision, we decided to further enhance our collaborative relationship with Drivemode," said Toshihiro Mibe, President and Representative Director of Honda R&D. "We are confident that new value creation will become possible when Drivemode's outstanding human resources, innovative software technologies and extensive experience as a venture company are combined with Honda's product development technology and capability. We will strive to offer connected services which will please our customers while leveraging our respective strengths.

"Since Drivemode began working with Honda in 2015, our entire company has been inspired and impressed by the entrepreneurial spirit driving Honda's engineering and product development. Guided by our shared culture of innovation and transformation, we are proud to join Honda as their first startup acquisition," said Yo Koga, CEO of Drivemode. "With the support of Honda, the Drivemode team can have a lasting impact on actual vehicles and drivers around the world at scale. Our focus has always been on providing safe, meaningful software solutions for drivers, and with Honda's hardware capabilities, we can continue innovating on mobile-based technology for connected cars and motorcycles."

(1) Honda Xcelerator is an open innovation program promoting collaboration between startups and Honda. Silicon Valley-based Honda Innovations, a subsidiary of Honda R&D, has been the main driving force behind this global program.


About Honda

Honda Motor Co., Ltd. (TSE:7267 / NYSE:HMC / LSE:HNDA) is one of the leading manufacturers of automobiles and power products and the largest manufacture of motorcycles in the world. Honda has always sought to provide genuine satisfaction to people worldwide. The result is more than 120 manufacturing facilities in 30 countries worldwide, producing a wide range of products, including motorcycles, ATVs, generators, marine engines, lawn and garden equipment and automobiles that bring the company into contact with over 19 million customers annually.

For more information, please visit http://world.honda.com.

Contact:
Honda
Media Inquiries
[email protected]
+81-3-5412-1512


Oct 7, 2019 17:08 HKT/SGT
Source: Honda

Topic: Press release summary
Sectors: Automotive
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2019 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.


Honda Links

http://www.honda.com

https://plus.google.com/110355594819754396833

https://www.facebook.com/HondaJP

https://twitter.com/HondaJP

https://www.youtube.com/user/HondaJPPR

https://ph.linkedin.com/company/honda-motor-co-ltd-

Honda
Oct 18, 2019 14:46 HKT/SGT
Overview of Honda Exhibits at the 26th ITS World Congress 2019 in Singapore
Sept 27, 2019 17:09 HKT/SGT
Honda Sets Monthly Records for Automobile Production in China
Sept 27, 2019 11:25 HKT/SGT
Honda Added to the Dow Jones Sustainability World Index
Sept 26, 2019 15:05 HKT/SGT
Overview of Honda Exhibits at the 46th Tokyo Motor Show 2019
Sept 20, 2019 14:48 HKT/SGT
The Honda Prize 2019 Awarded to Dr. Geoffrey Hinton, Professor Emeritus, the University of Toronto and Chief Scientific Adviser, Vector Institute
Sept 19, 2019 19:20 HKT/SGT
Honda's Cumulative Worldwide Power Products Production Reaches 150 million Units
Sept 11, 2019 17:08 HKT/SGT
Honda: Frankfurt International Motor Show 2019
Sept 11, 2019 08:45 HKT/SGT
Honda Announce Next Steps Towards Electrification of European Business
Aug 29, 2019 15:30 HKT/SGT
Honda Sets Monthly Records for Automobile Production Worldwide and Overseas
Aug 14, 2019 08:04 HKT/SGT
Honda Announces Changes in Production Operations in Argentina
More news >>
 News Alerts
Copyright © 2019 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 400 879 3881 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6859 8575

Connect With us: