In parallel with the EcoMotion exhibition being held in Israel, JLR Group, which unites the Jaguar and Land Rover brands, announced that it will establish a center to search for Israeli start-ups for investment. The joint venture is a joint venture between JLR and Indian technology giant TCS, which has been operating in Israel since 2005 and belongs to the giant Tata concern, which is the controlling shareholder of Jaguar and Land Rover.
As part of the collaboration, the two companies will try to locate Israeli start-ups engaged in the fields of mobility and transportation, in order to invest in advanced technological solutions in technological fields including electric propulsion, connectivity, digital services, metaverse, building smart organizations, manufacturing, streamlining supply chains and sustainability. In doing so, the two companies join other automakers such as General Motors, Ford and Volkswagen, which are already operating in the field in Israel and are courting local companies.
A startup is needed. Jaguar Electric Charging,
According to Igor Murakami, Director of Software Development and Innovation at JLR, the new center will make it possible to leave a footprint in the local economy, while opening up new opportunities to work with a wide range of Israeli startups, with the goal of integrating the developments and technologies into Jaguar and Land Rover's future products and fostering a strong local industry.
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