Honda companions with new DRIVE good mobility startup hub in Tel Aviv
Honda is extending its courtship of startups thru its Xcelerator program with a brand new partnership introduced Wednesday with DRIVE, a brand new startup hub in Tel Aviv, Israel that focuses particularly on good mobility tech, together with transportation and automobile answers. The partnership will see Honda’s Silicon Valley Lab paintings immediately with the DRIVE heart, providing “expertise, funding and rapid prototyping opportunities” to one of the most facility’s firms, with the working out that during long run those may just “evolve into additional business relationships.”
Honda isn’t the one spouse on board for the brand new DRIVE heart initiative – additionally becoming a member of as sponsors are Hertz Rent a Car and Volvo, amongst others. The release of the power via Mayer Group comes at a really perfect second in time in relation to capitalizing at the rising pastime within the tech sector round no longer best automobile innovation, but in addition city transit and automatic transportation usually.
Honda has been prepared to paintings with the startup neighborhood, and has used the ones partnerships to force precise product construction. In a tie-up with startup VocalZoom, Honda debuted an idea demo at CES this 12 months that use optical sensors to supply higher voice popularity – those sensors watch a speaker’s face to complement knowledge accrued via microphones.
Partnering with, and fostering promising startups is a wise technique, and person who Honda’s world head of R&D actions Yoshiyuki Matsumoto instructed me at CES in January is a part of the corporate’s total solution to discovering the most efficient strategy to any drawback, whether or not that be thru inner sourcing, exterior partnership or acquisition.
Featured Image: Honda