A look back on this week’s economic development headlines, announcements, and other share-worthy news from the Ann Arbor region.
Toyota leads $50 million investment in autonomous shuttle startup May Mobility: “May Mobility has 25 autonomous low-speed shuttles spread out between Detroit and Grand Rapids, Michigan, and Providence, Rhode Island — the three cities in which it operates. The startup wants to build that number up to 25 vehicles per city.”
UK-based SBD Automotive’s North America Headquarters Celebrates Five Years of Growth, Expansion in Ann Arbor: “Ann Arbor has been an amazing home for SBD Automotive. We are neighbors with an incredible university, close to numerous automakers and startups, and literally surrounded by exciting mobility initiatives from Mcity, PlanetM, and Ann Arbor SPARK.”
The University of Michigan reports $1.62B in FY19 research expenditures, a record for U-M and number one in research volume among all U.S. public universities.
Yesterday, SPARK hosted the Southeast Michigan Quarterfinals of the 12th Annual Global Automotive & Mobility Innovation Challenge (GAMIC) – six pitches from mobility startups to head to the semi-finals.
Join Ann Arbor SPARK for the first-ever Ann Arbor Commercial Real Estate Trends Symposium on January 8 featuring keynote speaker Don Grimes, economist from the University of Michigan. Admission includes a complimentary copy of Swisher Commercial’s 2019 Year-End Vacancy Report that will be released at the event.
Why the Midwest Is a Hotbed for Innovation: Interview with Drive Capital’s Chris Olsen