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Israel is becoming a hotspot for future mobility technologies

McKinsey analysts outline why the Israeli auto tech ecosystem is set to play an important role in the automotive industry of the future

The Israeli innovation ecosystem is one of the most mature technology hubs worldwide. The roots of Israel’s technological strengths can be traced back to its development of defence technologies, with some of the notable achievements including becoming the eighth country in the world to launch a satellite into space, on par with much larger economies such as France and the UK. Like the effects of the DARPA programs on Silicon Valley in California, these significant governmental investments in R&D have been followed up and strengthened by entrepreneurs in the private sector.

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