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PRIVATE LABEL AUTO CARE PRODUCTS by LUXURY CARE. We Manufacture Premium Car Care & Detailing Essentials:
Plastic Razor Blades
Microfiber Towels & Cloths
Headlight Cleaner & Sealant
Wheel & Rim Cleaning Spray
Tire Shine Gel and Applicator
Detailing Bag & Trunk Organizer
Microfiber CarWash & Hand Mitt
Touchless Sealant (wax alternative)
Auto Interior & Exterior Detailing Brush & Applicators
And more …
Who are the five auto giants investing in?
The General Motors investment strategy for the past two decades has focused predominantly on autonomous vehicles.
Out of their investment total sum of $338,710,000, almost half of that, $159,000,000, was spent in 2017 on Nauto Inc; a company that claims to be rethinking transportation safety by building a data platform for autonomous mobility that makes driving safer and fleets of vehicles smarter.
GM’s next biggest spend has been on the renewables sector, spending $123,210,000 on investments since 2011 on companies including Proterra, a leader in the production of zero-emission electric buses, and Alphabet Energy, which manufacture the world’s first low-cost thermoelectric generator.
BMW iVentures are the biggest spenders out of the five, forking out an eye-watering $670,800,000 on investments since 2012.
The autonomous vehicle sector receives the most cash from BMW, $177,500,000 in total, also on Nauto Inc but also on Zendrive, a smartphone-powered road safety company that uses sensors to produce measurable insights on the driving behavior of its users.
Other big BMW investment spends include Carbon Robotics ($81,000,000 in 2016), ChargePoint Inc ($109,000,000 in 2017) the world’s largest network of electric vehicle charging stations, and Moovit ($50,000,000 in 2015) a public transit app and mapping service.
From CEOToday and Indigo
The auto industry is putting millions of dollars into startups as they search for sources of innovation.
Park Indigo compares the five biggest auto giants venture arms who have invested the most in the space of two decades to reveal the future of the automotive industry; who are investing the most and where.
By providing funding to startup companies during various phases of development BMW, Toyota, Ford, General Motors, and Daimler AG are ensuring that they are powering some of the most innovative technology breakthroughs for the automotive industry, ever.
From safer roads to social companions, what other future changes will investment funding help to uncover?
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