NTT docomo ventures Invests in KG Motors, Developer of Small EVs Specialized for Short-Distance Travel
NTT docomo ventures has invested—through a fund it manages—in KG Motors (based in Higashi-Hiroshima City; President: Kazunari Kusunoki), the developer of the “mibot,” a compact, single-seater electric vehicle (EV).
KG Motors is a startup developing compact, single-seater EVs designed specifically for short-distance travel in daily life. The company is working to implement the “mibot”—a vehicle that combines low cost with high practicality—into society, with demonstration projects and utilization efforts currently underway in collaboration with local governments and regional businesses.
An increasing number of regions are finding it difficult to maintain public transportation systems due to population decline and aging demographics, making the securing of daily transportation a pressing issue. Meanwhile, there is growing demand among companies and local governments for greater efficiency and labor savings in tasks such as field operations and movement within facilities.
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