More than 2,000 start-ups are disrupting the global automotive and mobility sector

The mobility industry is witnessing extensive change. Over the last decade or so, in front of existing archaic solutions and models in the automotive industry, there have been auto-tech solutions and new business models that are supposed to change the way people travel from point A to point B.

NEW YORK, JANUARY 25, 2021 (GLOBE NEWSWIRE) – announces the publication of the report “Over 2000 startups disrupting the global automotive and mobility industry” –

The latest trends in artificial intelligence, machine learning, electrification and spokes will make the car of the future connected, electric, smart and autonomous and thus not only uproot the existing system but also make it obsolete. The emergence of such trends and technological advances in the automotive industry are in line with the growing number of disruptive start-ups in this field. Start-ups, in this sense, play a critical role in accelerating innovation and bringing change to the market at a speed never seen before. This has forced Tier I manufacturers to set up their own incubation programs that will allow them to be a part of this change. For example, companies such as Honda, Volvo, Ford, Mercedes-Benz are some of the major original manufacturers that recently established their research division, the Innovation Laboratory in Israel, to drive new innovations in computer vision, cyber security, connected vehicle solutions, mapping platforms. , Autonomous driving parking solutions, and many others. In this context, the analysis of mobility start-ups is a first item of its kind. This research service is intended for all stakeholders in the industry and for technology companies interested in entering / feeling their presence in the automotive industry. The study draws its analysis mainly from the Excel database that encompasses more than 2,000 start-ups and 70 countries or more that have shaken the global automotive landscape. The database includes general parameters that contain a brief description of the establishment, date of bargain, country and city of origin, site, operating status and investors. It also includes critical parameters in segmenting start-ups by automotive and sub-domains. The database focuses on seven main areas of automotive – IoT automation, electric vehicles, connected solutions, autonomous technology, new mobility services and after-sales, and logistics and supply chain – and is divided into 44 sub-areas. The aim of the study is to largely grasp the main changes and issues in the universe of mobile start-ups, to provide a regional and national perspective in terms of start-up penetration, investments and those acquired / closed. The study is more in-depth in analyzing start-ups by automotive and sub-domains. It also exposes the large vehicle piles that produce a great and ripe attraction for further disruption in the industry through participation in start-ups and the dollar investments that attract these piles. Finally, this research service also presents the implications of Kovad for the automotive start-up ecosystem and how these companies are examined from a financing / investment perspective.
Author: Vijay Narian Natrajan
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