Sona BLW Precision Forgings Ltd (Sona Comstar), a leading global automotive technology company, has partnered with Drive TLV (“DRIVE”), an Israel based innovation hub focused on smart mobility solutions. The partnership with DRIVE 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. Its partners rely on DRIVE to bring top emerging technologies to them and tailor solutions to their needs. 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. Drive TLV 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 missioncritical systems and components to our customers worldwide. The industry is fast transitioning to electrification, connected, autonomous and shared mobility. We are developing multiple new products for advanced mobility applications by supplementing our strong R&D efforts with strategic partnerships with innovative start-ups. As an innovation-hub partner, Sona Comstar can participate in DRIVE’s start-up commercialization program, FASTLANE. Further, it will have access to DRIVE’s new testing, evaluation and development centre, POWER.