TEL AVIV, Israel — In a move designed to help expand its activities in the vehicle mobility sector, Goodyear has entered into a partnership with Drive TLV, an Israel-based "mobility incubator" focused on mobility solutions.
Since 2017, Drive TLV has supported more than 50 mobility-focused startups, Goodyear said, through its FastLane commercialization program. Goodyear said it expects the partnership with Drive TLV will help facilitate collaboration opportunities focused on advanced mobility solutions between Goodyear and the Israeli firm's network of startups.
"Israel is a hot spot for innovation, with many cutting-edge technology companies working to advance the future of mobility," Abhijit Ganguly, managing director, Goodyear Ventures, said.
"Goodyear has already invested and collaborated with some of these companies. Working with Drive will supercharge our efforts here, helping us access more of the great talent, innovation and technology in this rapidly growing ecosystem."
Calling Goodyear a company that "is helping to shape the future of mobility around the world," Drive TLV CEO Itay ErelV said this new relationship "will continue bringing value to Drive TLV's ecosystem of corporate partners and startups, including a few of Drive's Fastlane companies that Goodyear has already invested in."
The companies did not identify any of the companies referenced.
Tel Aviv-based Drive TLV describes itself as a "unique innovation hub focused on smart mobility." The company said it leverages its in-depth knowledge of the Israeli hi-tech ecosystem to handpick promising smart-mobility startups and enhance their business with strategic guidance.