GlobalAutoTV
Click to watch Dr. Juergen Weber -
Click to watch Dr. Juergen Weber -
euro resources


Need an office in Europe or Eastern Europe? Office suites, meeting rooms, virtual offices, network access




free downloads
EUROPE: "M&A that deliver value...capitalising on the human factor"

EUROPE: "M&A that deliver value...capitalising on the human factor". 6-page survey results and report by Hewitt Associates.

proceed to download
eJournals




back to index backEUROtalk February,  2017


Israel's automotive & smart mobility industry

The automotive industry is currently excited by possible disruptions arising from technological and societal trends such as electric, autonomous and smart mobility. These trends are attacking the very foundation of the business models employed by established players and existing supplier structures. In particular, a new cultural behavior whereby people are "consuming mobility" rather than buying cars may have a major impact on current players.

Israel has recently become active in the automotive and smart mobility industry. Technology companies like Mobileye and Valens or mobility service providers like Waze and Gett have their roots in Israel and foster growth of this sector in the region. Historically, Israeli companies supplied conventional mechanical parts to the automotive world. But more recently the digitization of mobility has required new competences – such as object recognition and tracking for advanced driver assistant systems, or mobility behavior projections for shared ride services. These are precisely the fields where Israel has developed competences in the past, often targeting military defense applications or Big Data applications for intelligence services. These competences, which are highly relevant for the future, are accessible to a large share of Israel's highly skilled workforce. A growing awareness for the availability of these competences is reflected by the increasing investments and activities of automotive players like GM, VW, Daimler, Ford, Renault-Nissan, Bosch, Samsung (Harman), and many others.

A noticeable feature of the Israeli business landscape is the large number of entrepreneurs and small businesses that have focused on the above-mentioned technological trends in recent years. The cultural aspects that foster this development and motivate people to start a new business can be summed up in the sentence: "It is the Israeli dream to open a startup." The business culture is direct and somewhat confrontational; people are trained in out-of-the-box thinking during their military service and develop a robust attitude towards failure and risk-taking. This combination of characteristics results in a fast speed of business. Global venture capitalists have become aware of the potential of Israel's technology and IT startup scene and are increasingly investing in the region. The dense business network culture within the country allows easy access to investors, speeding up company development.

Further growth of local businesses can be achieved by targeting the relevant technologies and interfaces or "critical control points" within each technology sector. These interfaces are directly linked to participation in revenues in future business models, which rely on the use of mobility. Local industry may start growing faster as many multinationals are excited by the innovations coming from the region and are keen to participate or collaborate. Companies are investing in the region through bilateral R&D partnerships, M&As, strategic ventures, setting up innovation labs, or simply by connecting to the local scene to manage innovation areas.

Overall, the Israeli automotive and smart mobility industry is becoming an innovation lab and pulse generator for the movements connected with electric, autonomous and smart mobility.

To download 47-page report, please click here.

Source: Roland Berger - GAI





previous page

go top
search our site


Loading

EUROtalk

Other articles from the same issue (February,  2017).

Automotive Innovation Slovakia Survey 2016
play read on

Israel's automotive & smart mobility industry
play read on

This is how Brexit could impact the German car industry
play read on

Europe Top 20: motor vehicles produced per worker by country
play read on

WTO has ordered Russia to change duties on LCVs
play read on

Automotive Industry in Romania: A Path to Success
play read on

UK car output reaches 17-year high on export growth
play read on

European Carmakers Weigh Options Amid Mexico Tax Threats
play read on

Europe: an attractive market with complex supply chains
play read on

Eurozone growth and inflation confirm economic recovery
play read on

Will EU nationals be allowed to stay in UK after Brexit?
play read on

Eastern Europe’s workers are emigrating, but its pensioners are staying
play read on

Top priorities for European boards in 2017
play read on

EU inks deal to end roaming charges in June
play read on

EU Antitrust Continuity Potentially Threatened by Brexit
play read on

Choo-Choo! New China-Europe Rail Link Set to Steal Air and Sea Freight Volumes
play read on

We are hiring! The European manufacturing industry looks for STEM graduates
play read on

EU Agrees on Final Version of Prospectus Regulation; All EU Issuers can Expect to Benefit from the Employee Share Plan Exemption Starting in 2019
play read on

Russia Files WTO Suit to Protect Metallurgists
play read on

EU commission drops anti-corruption report
play read on

Germany: The Works Council’s right of co-determination regarding the Employer’s Facebook presence
play read on

Brexit White Paper: implications for employers
play read on

Poland: New tax super deduction for R&D in annual corporate tax returns for 2016
play read on

German Tax Monthly January/February 2017
play read on

EU labour cost index - recent trends (Dec. 16)
play read on

Survey shows Hungary’s healthcare near bottom in Europe
play read on

UK manufacturing kicks off 2017 on the right foot
play read on

How privacy consent might change with new European ePrivacy rules
play read on

Europe: Employer’s subsidiary liability for occupational pension payments
play read on

CEE outperforms rest of Europe (real estate)
play read on

Major European Manufacturing PMI data remains firmly in expansion territory
play read on


Our Free eJournals
GlobalAutoExperts

To visit GlobalAutoExperts Directory, click here.


©2008 GlobalAutoIndustry.com | HCI Group, Ltd.
101 West Big Beaver Road, Suite 1400 | Troy, MI 48084 USA
USA Tel: +1.248.687.1060 | USA Fax: +1.248.927.0347
Fax UK: +44.(0)845.127.4765 | Fax Europe: +31.20.524.1659 | Fax Asia: +852.3015.8120