MIH Consortium Enters Next Phase: M Mobility Becomes the First Technology Licensee

Commercialization of MIH Platform in the global markets

TOKYO, October 26 – Today, the Foxconn-initiated MIH Consortium announced a major milestone as it welcomed M Mobility as its first open EV platform licensee. M Mobility offers a complete range of services from EV design, system development to data platforms for energy and vehicles aiming at serving businesses based on the MIH platform.

MIH Consortium's Collaboration Spotlight at Japan Mobility Show: From left to right - MIH Consortium CEO Jack Cheng, Tech Mahindra's Global Head of Engineering Services Narasimham RV, Hakobune's Representative Director President & CEO Masanori Takahashi, ITOCHU's Power & Environmental Solution Division Chief Operating Officer Yasuhiro Abe, and ZF Japan's Representative Director Naosumi Tada.

Backed by IT firm Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, M Mobility set its sights on global markets, starting with Japan, India, and Thailand. In collaboration with Japanese EV services firm Hakobune, an arm of powerhouse trading company Sumitomo Corporation, M Mobility is on its mission to revolutionize mobility. Hakobune, a pioneer in EV services and energy solutions, is developing an ecosystem for daily employee commuting and the provision of workplace charging stations.

Jack Cheng, CEO of MIH Consortium, remarked, “Working with M Mobility is the first major milestone of MIH in commercializing its open platform. With the ever-increasing demand for EVs, M Mobility is here to bring positive changes based on the MIH platform to serve B2B clients in their journey to modern mobility by offering commercial EVs alongside diverse software tools.

MIH Consortium licenses the platform and technology to M Mobility, symbolizing the official commercialization of MIH’s research and development results. The photo shows MIH Consortium CEO, Jack Cheng.

With just two years under its belt, the MIH Consortium has made waves with the introduction of the Project X concept car, a model of open platform potential that spotlights modular and standard designs. Through this technology licensing model, M Mobility will implement the technology developed by the alliance and MIH will continue to license technologies to other companies to accelerate the development of EVs.

With Tech Mahindra's technical expertise, software capabilities, and strategic investment, M Mobility will expand its reach in software-driven cars and AI-optimized experiences.

Narasimham RV, Global Head – Engineering Services, Tech Mahindra, said, “The global electric vehicle (EV) sector is projected to grow at a CAGR of 15.9% from 2023 to 2035, and we aim to augment our share of this burgeoning and future-ready industry. It is a significant step towards our goal of fostering sustainable automobile solutions and cementing our position as the go-to partner for EV ventures. As a leading global engineering player in the EV development arena, Tech Mahindra is committed to building disruptive last-mile mobility platforms for its partners. Together, we aim to drive the EV market forward, promote eco-friendly business practices, and invigorate the global mobility ecosystem."

MIH Consortium held Project X & Project Y conference at Japan Mobility Show, attracted more than 100 attendees.