Archive for ‘bicycles’

16/08/2019

China’s Ninebot unveils scooters that drive themselves to charging stations

BEIJING/HONG KONG (Reuters) – Segway-Ninebot Group, a Beijing-based electric scooter maker, on Friday unveiled a scooter that can return itself to charging stations without a driver, a potential boon for the burgeoning scooter-sharing industry.

Ninebot said Uber and Lyft, the ride-hailing giants that are expanding into scooter-sharing, would be among the customers for the new semi-autonomous vehicles that are expected to hit roads early next year.

Gao Lufeng, Ninebot chairman and chief executive, told Reuters in an interview that AI-driven scooters, controlled remotely from the cloud, could radically improve the economics of scooter-sharing.

“The pain point for scooter operators is to better maintain the scooters at a lower cost,” he said. Currently, operators of scooter sharing fleets have to collect the machines manually for re-charging.

Formed by the 2015 combination of China’s Ninebot and U.S. transportation pioneer Segway, the company has quietly become the largest supplier for scooter-sharing companies such as Bird and Lime.

“I believe scooters will replace bicycles as the prime solution for micro-mobility,” Gao said. “It’s human nature to save energy when commuting.”

The scooter-sharing fad was triggered two years ago with the launch of Bird in California. Venture-capital investors have since poured hundreds of millions of dollars into the sector, and fleets of electric-powered scooters now operate in cities across the U.S. and Europe.

Segway-Ninebot Group has applied to list its shares on the China’s new Nasdaq-style board for homegrown tech firms, the STAR Market. The company sold 1.6 million scooters in 2018, according to a prospectus filed in April.

Lyft and Uber did not immediately respond to emailed requests for comment.

The new scooters will be priced at close to 10,000 yuan ($1,420), more than the company’s traditional scooters, which it sells to scooter companies for $100-$300.

The new machines will start road testing next month and will be largely commercialized in the first quarter of 2020.

The company also launched two self-driving delivery robots — one for outdoor delivery, the other for indoor services.

Ninebot said the unmanned delivery robots will initially serve the food delivery industry in China.

The company is in talks with food delivery operators, including Meituan Dianping and Alibaba Group’s Ele.me, to begin service by the first half of next year.

Source: Reuters

29/04/2019

Cambodian PM says China ready to help if EU imposes sanctions

PHNOM PENH (Reuters) – China will help Cambodia if the European Union (EU) withdraws special market access over its rights record, Cambodian Prime Minister Hun Sen said on Monday as he announced a 600 million yuan ($89 million) Chinese aid package for his military.

Hun Sen, who is on a five-day trip to China to attend a Belt and Road Initiative (BRI) forum in Beijing, held bilateral talks with President Xi Jinping and signed several agreements with Cambodia’s most important ally.

Cambodia benefits from the EU’s “Everything But Arms” trade scheme which allows the world’s least developed countries to export most goods to the EU free of duties.

But Cambodia risks losing the special access to the world’s largest trading bloc over its human rights records.

During a meeting with Chinese Prime Minister Li Keqiang, Li pledged to help Cambodia if the EU withdraws the market access, according to a post on Hun Sen’s official Facebook page.

“In this regard … Prime Minister Li Keqiang also confirmed his efforts to help Cambodia,” the post said.
China is Cambodia’s biggest aid donor and investor, pouring in billions of dollars in development aid and loans through the Belt and Road initiative, which aims to bolster land and sea links with Southeast Asia, Central Asia, the Middle East, Europe and Africa.
Unlike Western countries, China does not question Cambodia’s record on rights.
The EU, which accounts for more than one-third of Cambodia’s exports, including garments, footwear and bicycles, in February began an 18-month process that could lead to the suspension of the special market access.
Among the agreements Hun Sen struck in China was one for Huawei Technologies to help Cambodia develop a system for 5G technology. The Chinese tech giant has ambitions to build the next generation of data networks across the world and boasts 40 commercial 5G contracts worldwide.
China also agreed to import 400,000 tonnes of Cambodian rice, according to Hun Sen’s Facebook page.
“China will continue to support the national defence sector in Cambodia, and in this regard, the Chinese president announced that China will provide 600 million yuan to Cambodia’s defence sector,” the post said.
Source: Reuters
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