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Corporate March
26, 2001 |
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Honda to Begin Development of ICVS System in Singapore;
New Environmentally-Friendly Community Transportation Concept |
Singapore, March 26, 2001 -
Honda Motor Co., Ltd., will begin research and development in April 2001
for the commercialization of a new Intelligent Community Vehicle System
(ICVS) transportation network in the Republic of Singapore.
Honda ICVS Singapore Pte. Ltd., a company established by Honda in February
2001, will lead the ICVS research and development activities. The new company
will trial the ICVS concept by establishing "ports" (exclusive parking lots)
for ICVS vehicles at major destinations in Singapore. Honda ICVS Singapore
also will take responsibility for marketing the system to people most likely
to make frequent trips between the designated ports and will study the feasibility
of a fully commercialized ICVS system in the future.
Singapore is a likely candidate for an ICVS system because of its unique
characteristics - small size and limited land - which make common ownership
and use of vehicles an extremely appropriate concept. Further, the Singapore
government is targeting economic development through advanced technologies,
such as the sophisticated control technologies required for an ICVS system
- resulting in the understanding and cooperation of the government.
Honda's newly proposed ICVS system maintains the basic concept of personal
transportation through a fleet of environmentally friendly vehicles such
as electric automobiles, hybrid automobiles or battery assisted bicycles
that are shared by local residents who become ICVS members.
By combining the ICVS system with public transportation and member-owned
vehicles, the goal is to reduce the environmental impact of vehicles and
reduce traffic problems, including limited parking and road congestion.
Honda ICVS Singapore Pte. Ltd.
| President: |
Toshio Nakauchi |
| Location: |
City of Singapore |
| Founded: |
February 6, 2001 |
| Capital: |
4 million Singapore dollars |
| Investor: |
Honda Motor Co., Ltd. 100% |
| Business: |
Research & development and experimental operation of ICVS |
History of Honda ICVS Development
| October 1994 |
Concept of ICVS announced in Detroit, Michigan, USA. |
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| April 1996 |
ICVS concept models introduced at "Metropolis '96 Tokyo." |
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Oct. 1998-
June 2000 |
Public demonstration of ICVS conducted at Twin Ring
Motegi in Japan - using four types of ICVS vehicles. |
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| Feb.-Nov. 1999 |
Honda co-sponsors a mass transit station ICVS concept experiment
with the University of California - Davis Institute of Transportation Studies
- using 12 natural gas-powered Honda Civics at the Dublin-Pleasanton station
of BART (Bay Area Rapid Transit) outside San Francisco, California, USA. |
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| March 1999 - |
Honda co-sponsors the IntelliShare program, a free rent-and-return
ICVS experiment with the University of California - Riverside, using 15
EV Plus electric vehicles on the UC-Riverside campus. |
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