“Car manufacturing is not about tires or brakes anymore, but the technology inside the car – the sensors and algorithms.”
How did Israel, a country that has no domestic car manufacturing industry, become a worldwide powerhouse for autonomous-driving technology (also known as self-driving cars)?
“We get that question a lot,” says Yaniv Sulkes, VP of business development and marketing for Autotalks, a leading Israeli startup in the autonomous driving space. “We’ll meet with a manufacturer and they’ll say, ‘You’re the 30th company we’ve seen from Israel!’”
Sulkes tells ISRAEL21c that the car business is going through a massive paradigm shift. If before it was all about “the engine, the power train and the design, now we’re getting into artificial intelligence, cybersecurity and network connectivity. It’s become an interdisciplinary domain and this is an area where Israel has a lot of IP [intellectual property] and experience.”
This chart shows some of the prominent Israeli companies in the autonomous-vehicle sector. Graphic courtesy of Vertex Ventures
Alon Atsmon, an Israeli business advisor and investor in the burgeoning car-tech industry, agrees with Sulkes. “Car manufacturing is not about tires or brakes anymore, but the technology inside the car – the sensors and algorithms. It’s a natural next direction for the expertise Israel has built over the years.”
Here are our picks for the 10 hottest Israeli companies offering autonomous driving technology.—See List
ISRAEL21c was founded in 2001, in the wake of the Second Intifada, to broaden public understanding of Israel beyond typical portrayals in the mainstream media.
The organization’s founders – Israeli-American technology executives – understood the great power of the Internet and developed a first-of-its kind online product with global appeal and reach.Commenting Policy
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