Electric Vehicles (EV) is more than just a trendier, sleeker car. It It is the beginning of a new era in terms of mobility and transportation. The Transportation sector accounts for the highest share of greenhouse gases emissions being 27 per cent in 2020 alone. With As sustainable living practices become the focus of new age living, the future mobility industry will be 100 percent electric. 

Imagine In a future in which everything is powered by electric power, from cars to airplanes, the way you live will be rebuilt around a safer, cleaner and more productive system. Modes Transportation is smarter and allows you to work quicker.

With Electric vehicles are not only more environmentally friendly and have better performance but they also give you greater control over the price of gas. With Electric planes are more efficient than conventional aircraft in reducing the carbon footprint. While still at the nascent stages of its predicted impact, it’s a big step towards lessening carbon emissions while serving your transportation needs regularly.

Also Read: How electric mobility startups are tackling climate change in Asia

The The ecosystem is on the brink of a technological revolution, and public and private organisations alike are noticing the possibilities in this landscape.

MIH Initiatives to Outreach Startups in the Space

As The largest and leading electronics company in the World. Foxconn It is known for being the assembly and manufacturing powerhouse of the iPhone, the device that we can’t live without. With The most important technology for consumers to get to their destination is a vehicle. Foxconn The best place to ensure the future of mobility is with electric vehicles.

MIH ConsortiumThe initiative was taken by FoxconnOne of the pioneers when it comes to developing relationships with tech innovators and startups. The MIH team creates an open electric vehicle ecosystem to promote collaboration in the mobility sector. Its The mission of the Alliance is to realize key technologies and to develop reference designs and standard while bridging a gap between members. This will result in a reduced barrier to entry and accelerated innovation as well as shorter development cycles. 

This MIH has launched its initiative to work with startups in EV space. Southeast Asia. Recently, MIH launched MIH for startups, a programme for startups working on EV-related areas – Electric Powertrain Systems, Battery You can also find out more about the following: Energy Management, Light-weighting Technologies, Automotive Semiconductor, Automotive System Software. Digital Twin Autonomous Driving SmartCockpit is a new and improved version of the SmartCockpit. The Programme allows startups to access mentorship, pilots, funding, and opportunities for co-branding with Microsoft. Foxconn.

Techstars’ Mandat of public-private cooperation to spearhead expansion of EV

To MIH is proud to partner with MIH and help facilitate this transition. Techstars, a global network of entrepreneurs that helps them succeed, is driving innovation for EV-related startup companies worldwide. 

“This is just the beginning of a very exciting and impactful partnership between Techstars and MIH. Today we are driving deep engagement with startups in the EV ecosystem through the MIH x Techstars Startup Catalyst programme. Tomorrow, my personal hope is to launch Accelerator programmes together in multiple markets to accelerate EV adoption and invest in the next big technologies across electrification,” Mentions Tricia Martínez, Managing Director You can also find out more about the following: Techstars Industries You can also check out the Future Accelerator

TechstarsOur mission is to help everyone contribute to the success of entrepreneurs and to benefit from it. In In addition to operating accelerators, venture funds and other types of investment vehicles. Techstars Connects startups, corporations, investors and cities to build vibrant startup communities. This It means bringing key players in the ecosystem together to create more impact, drive innovation and support amazing startups. And All hands must be on deck to make progress in the EV eco-system.

Tricia adds, “Both private and public sectors are pushing to reach carbon emission targets over the next few years, and we view electrification as one part of the equation in making that happen. Investors are taking note and pouring billions of dollars into emerging and promising technologies.”

Also Read: Techstars, Crestone VC join Filipino HR-tech startup Betterteem’s financing round

“It’s time for startups, private industry, and government entities to work together more strategically to eliminate roadblocks and usher in an EV future. Techstars is the glue that can bring these assets together, build thriving ecosystems, and scale market disruption.”

To This partnership is solidified. Tricia Joining as a Advisor You can also find out more about the Board MIH. Tricia The collaboration has excited her. “because building a coalition and mobilising is the only way we can create a thriving ecosystem. This is just the beginning of the EV ecosystem. There is a lot to build, people to mobilise, behaviours to change, and no one person or group can do it alone.” Techstars We will once again be at forefront of engaging with different stakeholders to drive the global adoption and use of new technologies.

Conclusion

Electrification The transportation industry is set to grow. It’s No longer just a distant dream. 

Tricia Iterates the phrase “We must come together as an ecosystem quickly to make it a reality. We’re running out of time to make a lasting difference in the environment around us – the urgency is real, and we must come together to act.”

Join MIH – We are here to help Demo Day The following are some of the most effective ways to improve your own effectiveness. November 8. 2022 Taipei See what’s coming in the EV startup industry Techstars + MIH. Visit the MIH website Click here for more information. 

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This First published on October 25, 2022

The Post by The future of mobility is in public-private collaboration The first time that appeared on e27.

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