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(Ha'aretz) Eliran Rubin - New technology is making the automotive industry smarter and more efficient, and increasingly reliant on software. "There are now about 100 processors in a car and the more that [automotive] technology shifts in the direction of using software, Israel has an increasing advantage," said Yahal Zilka, a partner at Magma Venture Partners, which has already invested in four smart vehicle firms. There has been virtually an airlift of automotive executives who have visited Israel in recent months to meet with local companies in the field, he adds.2016-10-07 00:00:00Full Article
Israel Becoming a Powerhouse in Automotive Technology
(Ha'aretz) Eliran Rubin - New technology is making the automotive industry smarter and more efficient, and increasingly reliant on software. "There are now about 100 processors in a car and the more that [automotive] technology shifts in the direction of using software, Israel has an increasing advantage," said Yahal Zilka, a partner at Magma Venture Partners, which has already invested in four smart vehicle firms. There has been virtually an airlift of automotive executives who have visited Israel in recent months to meet with local companies in the field, he adds.2016-10-07 00:00:00Full Article
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