{"id":170905,"date":"2025-05-13T12:06:44","date_gmt":"2025-05-13T03:06:44","guid":{"rendered":"https:\/\/www.fukuoka-now.com\/?post_type=news&#038;p=170905&#038;lang=en"},"modified":"2025-05-13T12:06:44","modified_gmt":"2025-05-13T03:06:44","slug":"fukuoka-fund-invests-100m-single-seater-ev-startup","status":"publish","type":"news","link":"https:\/\/www.fukuoka-now.com\/en\/news\/fukuoka-fund-invests-100m-single-seater-ev-startup\/","title":{"rendered":"Fukuoka Fund Invests \u00a5100m In Single-Seater EV Startup"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Dogan, a Fukuoka-based investment firm, has invested \u00a5100 million in Hiroshima\u2019s KG Motors as part of its new MGX decarbonization fund focused on mobility in Kyushu. The fund&#8217;s first project supports KG Motors\u2019 development of &#8220;mibot,&#8221; a one-seater electric vehicle slated for mass production starting October. The investment will fund trial manufacturing, parts procurement, and production equipment. Over 2,300 units have been pre-ordered since sales reservations began in August 2024. The vehicle targets both individual users and businesses requiring short-distance transport solutions. The MGX Fund, established in July 2024, totals over \u00a51 billion and aims to support decarbonization in the mobility sector. <\/span><b>Source:<\/b> <a href=\"https:\/\/www.dogan.jp\/20250513mgxkg\/\" rel=\"noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Dogan<\/span><\/a><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-170893\" src=\"https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2025\/05\/fnn_kg-motors_2025_cl.jpg?resize=1400%2C1125&#038;ssl=1\" alt=\"Fukuoka Fund Invests \u00a5100m In Single-Seater EV Startup\" width=\"1400\" height=\"1125\" srcset=\"https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2025\/05\/fnn_kg-motors_2025_cl.jpg?w=1400&amp;ssl=1 1400w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2025\/05\/fnn_kg-motors_2025_cl.jpg?resize=300%2C241&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2025\/05\/fnn_kg-motors_2025_cl.jpg?resize=1024%2C823&amp;ssl=1 1024w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2025\/05\/fnn_kg-motors_2025_cl.jpg?resize=768%2C617&amp;ssl=1 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/>Photo from KG motors official website <\/p>\n<p><span style=\"font-weight: 400;\">Stay informed with the latest Fukuoka &amp; Kyushu news and events in English. Sign up for our <\/span><a href=\"https:\/\/www.fukuoka-now.com\/en\/mailmagazine\/\"><span style=\"font-weight: 400;\">free weekly newsletter <\/span><\/a><span style=\"font-weight: 400;\">today and never miss a beat. Opt out anytime, your privacy is our priority. Get the inside scoop with <\/span><a href=\"https:\/\/www.fukuoka-now.com\/en\/mailmagazine\/\"><span style=\"font-weight: 400;\">The Now<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Summaries based on public content, errors may occur during translation. Images credited independently. Send feedback using <\/span><a href=\"https:\/\/www.fukuoka-now.com\/en\/contact\/\"><span style=\"font-weight: 400;\">this <\/span><b>form<\/b><span style=\"font-weight: 400;\">.<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogan, a Fukuoka-based investment firm, has invested \u00a5100 million in Hiroshima\u2019s KG Motors as&#8230;<\/p>\n","protected":false},"author":29305,"featured_media":170898,"comment_status":"closed","ping_status":"closed","template":"","tags":[],"class_list":["post-170905","news","type-news","status-publish","has-post-thumbnail","hentry","location-kyushu","news-category-business","en-US"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/news\/170905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/users\/29305"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/comments?post=170905"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/media\/170898"}],"wp:attachment":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/media?parent=170905"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/tags?post=170905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}