[Sompo Japan Insurance Co., Ltd.] Signs a memorandum of understanding with KG Motors regarding collaboration to realize sustainable mobility *Sommon Insurance Japan Co., Ltd.*
Press release: August 20, 2024
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Signed a memorandum of understanding with KG Motors regarding collaboration towards realizing sustainable mobility
Sompo Japan Insurance Co., Ltd. (Representative Director and President: Koji Ishikawa, hereinafter referred to as “Sompo Japan”) and KG Motors Co., Ltd. (Representative Director and CEO: Kusunoki) Kazunari (hereinafter referred to as “KG Motors”) has signed a memorandum of understanding regarding collaboration with the aim of realizing sustainable mobility using the small mobility robot “mibot” (ultra-compact EV*2) currently being developed by KG Motors.
*1 KG Motors is headquartered in Higashihiroshima City, Hiroshima Prefecture, and develops and manufactures ultra-compact EVs, as well as MaaS (Mobility as a
We are a start-up company aiming to develop a service (mobile service) business.
*2
KG Motors positions “mibot” as a small mobility robot (generally referred to as an ultra-compact EV). In this release, we use the term “ultra-compact EV” to suit the technical context.
*1. Background/story*
Sompo Japan utilizes its own and group company’s solutions to provide a sharing platform to solve local transportation issues, conduct demonstration experiments on autonomous driving, and conduct research, research, and business projects toward the social implementation of MaaS. We are working on expansion. In addition, KG Motors aims to manufacture and sell mibot, a sustainable and energy-efficient means of transportation, and develop a MaaS business. The two companies signed a memorandum of cooperation to share data and know-how and improve the practicality and safe operation of ultra-compact EVs in the MaaS field.
*2. Main contents of the memorandum*
(1) Data accumulation and analysis to understand risks for ultra-small EVs using “mibot”
(2) Verification of user safety and business operation risks in MaaS business using ultra-compact EV using “mibot”
(3) Data accumulation and analysis for battery guarantee development aimed at ensuring the stability of “mibot” MaaS business
(4) Other synergies from sharing data and know-how in related fields
*3. About the future*
KG Motors and Sompo Japan aim to realize a society where everyone can freely move around in a fun, safe, comfortable, and affordable manner, and will further advance their collaboration and jointly consider various ways to realize sustainable mobility. We will implement it.
That’s all