Sona BLW Precision Forgings Ltd 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.
Commenting on the partnership, Kiran M Deshmukh, Group CTO of Sona Comstar, said, “Our partnership with Drive will help us speed up our innovation processes as we look to expand our collaboration with the Israeli hi-tech ecosystem in the mobility space.”
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.
Itay Erel, CEO of Drive TLV said, “ Sona Comstar is Drive’s first India-based partner. There is no doubt that our new partnership will create exciting opportunities for Sona Comstar as well as for start-ups and fellow partners in Drive’s ecosystem. “
Sona Comstar is an innovation-led automotive technology company providing mission- critical systems and components to our customers worldwide. The industry is fast transitioning to electrification, connected, autonomous and shared mobility. 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.