The UK’s Society of Motor Manufacturers and Traders has launched a Future Mobility Challenge for SMEs to deliver solutions to some of the problems that impede the seamless and efficient movement of people and goods.
The Future Mobility Challenge is a new initiative aimed at creating new partnerships, investments and acquisitions between the world’s leading automotive brands and innovative technology start-ups and SMEs.
Five of the world’s biggest automotive brands, BMW, Jaguar Land Rover, Bosch, Ford and Toyota, have partnered with SMMT to “challenge ambitious start-ups and SMEs to devise innovative solutions to seven key mobility challenges”. They say technology innovators are encouraged to submit leading-edge ideas that address these opportunities.
Those with the solutions considered the best will be invited to pitch at the Future Mobility Challenge event in October and, if successful, will be able to negotiate a range of partnership propositions, from mentoring, ideas incubation and investment, to piloting, routes to market or acquisition.
Leading technology bodies and membership organisations are partnering with SMMT on the Future Mobility Challenge, encouraging start-ups and technology innovators to participate.
The seven challenges are: