Sona Comstar is partnering with Israel-based innovation hub Drive TLV on smart mobility solutions.
Sona BLW Precision Forgings Ltd (Sona Comstar) has partnered with Israel-based innovation hub Drive TLV (DRIVE) on smart mobility solutions. The collaboration will give Sona Comstar access to Israel’s hi-tech mobility start-up ecosystem.
Drive TLV collaborates with a select group of partners in the mobility industry. With its vast experience and network in the mobility realm, deep knowledge of each partner’s assets, and the ability to back the partnership with focused investments, DRIVE can create effective matches between its partners and promising start-ups based on the real market needs. The company has helped more than 50 mobility-focused start-ups raise more than $2 billion to develop and commercialize new technologies since 2017.
Sona Comstar is an innovation-led automotive technology company providing mission-critical systems and components to customers worldwide. As the industry is transitioning to electrification, connected, autonomous and shared mobility, Sona Comstar is developing multiple new products for advanced mobility applications by supplementing its strong R&D efforts through strategic partnerships with innovative start-ups. As an innovation-hub partner, Sona Comstar can participate in DRIVE’s start-up commercialization program, FASTLANE, as well as have access to DRIVE’s new testing, evaluation, and development center, POWER.
“Israel is one of the global hubs for smart mobility innovation. Drive TLV’s accelerator, prototyping lab, and shared workspace encourage innovation, networking, and collaboration with mobility-focused technology start-ups. Our partnership with Drive will help us speed up our innovation processes as we look to expand our collaboration with the Israeli hi-tech ecosystem in the mobility space,” said Kiran M Deshmukh, Group CTO of Sona Comstar.
“We are thrilled to partner with Sona Comstar, Drive’s first India based partner. Sona Comstar is a forward thinking and innovative organization that is focused on expanding their offering into new domains. There is no doubt that our new partnership will create exciting opportunities for Sona Comstar as well as for start-ups and fellow partners in Drive’s ecosystem,” said Itay Erel, CEO of Drive TLV.
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