BMW Group to Open a Technology Scouting Office in Tel Aviv
A small team will work with local startups and research universities to discover relevant trends and technologies
For daily updates, subscribe to our newsletter by clicking here.The Tel Aviv office will be the fifth of its kind, joining similar operations in the U.S., China, Japan, and South Korea. “Tel Aviv has one of the fastest growing startup scenes in the world— especially in the important future fields for us such as autonomous driving or connectivity,” Klaus Fröhlich, member of the BMW management board, said in a statement.
Czech automaker Škoda Auto a.s. also announced a local technology scouting outpost in 2017. Since then, the automaker entered partnerships with several Israeli startups, including Chakratec Ltd., Anagog Ltd., and UVeye Ltd.In May 2018, Volkswagen Group opened an innovation campus in Tel Aviv, set to scout technology in the domains of connectivity, smart navigation, cybersecurity, e-mobility, and big data.