Ford Motor

Tesla

General Motors

Nissan Motor

Volvo Cars

Electrifying passenger and commercial travel

EV Economy

<div>
 
 Rivian develops both passenger and commercial EVs. The company&rsquo;s portfolio includes an electric SUV (R1S) and an electric pickup truck (R1T). R1S has a range of 316 miles and is offered at a base price of USD 78,000; R1T has a range of 289&ndash;352 miles depending on drivetrain and a payload of 11,000 lbs with a base price of USD 73,500. Rivian started R1T deliveries in September 2021 and R1S in December 2021. In October 2023, R1S with a &ldquo;Max Pack&rdquo; battery was launched offering a range of 400 miles. The R1T with the Max Pack has a range of 410 miles.&nbsp;
 
 
 In 
 <a href="https://sp-edge.com/updates/27394">
 March 2024
 </a>
 , the company launched R2, a midsize electric SUV, and R3, a midsize crossover. The latter also comes in a performance variant known as R3X. The R2 opened reservations, with deliveries expected to begin in the first half of 2026. The R3 and R3X deliveries will begin after the R2.
 
 
 Rivian operates a 150,000 unit-manufacturing facility in Normal, Illinois with an annual production capacity of 215,000 units. The company intends to begin manufacturing its R2 EV at the facility in 2026. In 
 <a href="https://sp-edge.com/updates/18084">
 April 2023
 </a>
 , Rivian announced plans to invest USD 10 million to establish a remanufacturing facility in Kentucky which will focus on remanufacturing critical components such as electrical hardware, drive units, and battery systems.&nbsp;
 
 
 The company also planned to invest around USD 5 billion in a new 400,000-unit factory in Atlanta, Georgia. However, in 
 <a href="https://sp-edge.com/updates/27520">
 March 2024
 </a>
 , Rivian reported plans to indefinitely pause the project as it looks to cut costs following layoffs that took place in February 2024.
 
 
 &nbsp;In 
 <a href="https://sp-edge.com/updates/26992">
 March 2024
 </a>
 , Rivian reported plans to expand access to its EV charger network to non-Rivian EVs in 2H 2024.
 
 
 &nbsp;
 Key customers and partnerships
 
 
 In September 2019, Rivian collaborated with Amazon to develop an electric delivery van (EDV). As part of this, Amazon ordered 100,000 EDV units globally to be delivered by 2030, with Amazon having exclusive rights to the vehicle for the first four years. The initial rollout began in July 2022 in over a dozen cities and is expected to spread to over 100 cities by the end of the year.&nbsp; EDVs supplied to Amazon will be complemented by FleetOS, Rivian&rsquo;s proprietary fleet management platform with a recurring monthly subscription fee.&nbsp;
 
 
 Rivian also announced a collaboration with 
 <a href="https://sp-edge.com/updates/12908">
 Mercedes-Benz Vans
 </a>
 in September 2022 to manufacture electric vans in Europe. However, in 
 <a href="https://sp-edge.com/updates/15350">
 December 2022
 </a>
 , Rivian announced that the JV will be paused and that the company will instead focus on its customers and existing commercial business in an effort to become cash flow positive in its US operations.
 
 
 In 
 <a href="https://sp-edge.com/updates/19666">
 June 2023
 </a>
 , Rivian, partnered with Tesla to provide its customers with access to Tesla&rsquo;s &ldquo;Supercharger&rdquo; charging network in the US and Canada, starting in 2024. During the same month, the company acquired 
 <a href="https://sp-edge.com/updates/19616">
 Iternio
 </a>
 , a Sweden-based developer of EV route planning apps, with plans to integrate Iternio&rsquo;s technology into Rivian&rsquo;s electric pickups and sport utility vehicles. In December 2023, Rivian partnered with AT&amp;T, where the latter agreed to pilot Rivian&rsquo;s EVs in its fleet from 2024 onwards and became the exclusive connectivity provider for all Rivian vehicles in the US and Canada.&nbsp;
 
 
 In March 2024, the company partnered with JBPCO to integrate Rivian&rsquo;s chassis with Morgan Olson's C250e. In April 2024, Rivian formed a global partnership with MEVCO (Mining Electric Vehicle Company) to provide EVs for mining, mining services, and mining equipment industries.
 
 
 Funding and financials
 
 
 Rivian&rsquo;s latest funding was in May 2024, when the company received a USD 827 million incentive package from the State of Illinois Department of Commerce &amp; Economic Opportunity. The company intended to use the funds to expand operations at its manufacturing plant in Normal, Illinois. Prior to this, in 
 <a href="https://sp-edge.com/updates/25099">
 October 2023
 </a>
 , Rivian generated USD 1.5 billion through the issuance of green convertible senior notes due 2030. The company intended to use the earnings from the note issuance to finance and invest in new or recently completed projects. In March 2023, the company announced plans to raise 
 <a href="https://sp-edge.com/updates/17001">
 USD 1.3 billion
 </a>
 through the sale of green convertible notes. The company intended to use these funds to develop and launch its R2 EVs, which are expected to be ready by 2026.
 
 
 In May 2022, Rivian received a 
 <a href="https://sp-edge.com/updates/10075">
 USD 1.5 billion
 </a>
 incentive package in state and local incentives and tax credits for its new vehicle assembly facility in Georgia.&nbsp;
 
 
 Rivian was listed on NASDAQ in November 2021. The company raised USD 12 billion at the IPO&mdash;the largest by a pure-play EV company. The company generated USD 4.4 billion in revenue and had an operating profit of USD 5.7 billion in FY2023.
 
</div>

<div>
 
 Solid Power develops solid-state lithium-metal batteries for EV, aircraft, satellites, and industrial applications. Solid Power's proprietary sulfide solid electrolyte powers the flexible All-Solid-State Platform that can enable both high-content silicon and lithium metal in the anode, paired with industry-standard and commercially mature cathodes, including lithium nickel manganese cobalt oxides (NMC). The platform can also use low-cost and energy conversion type cathodes that cannot be used in lithium-ion or other liquid-based cell architectures. When combined with a lithium metal anode, the conversion type cathodes could remove cobalt and nickel from the cathode entirely to decrease cathode material costs by around 90%, according to the company.
 
 
 In 2022, Solid Power began production of 20 ampere-hour (Ah) solid-state batteries on a pilot manufacturing line using lithium-ion production processes and equipment. The company also commenced operations of its second production facility in Denver, Colorado in September 2021.&nbsp;
 
 
 In 
 <a href="https://sp-edge.com/updates/14468">
 November 2022
 </a>
 , Solid Power began deliveries of its 20 Ah cells to joint development partners, including BMW, for initial testing. In 
 <a href="https://ir.solidpowerbattery.com/news-releases/news-release-details/solid-power-releases-third-quarter-2023-results-ships-first">
 October 2023
 </a>
 , the company delivered its first A Sample EV cells to BMW to begin the automotive qualification process. The A-1 EV cells were to also support BMW&rsquo;s demo car program.
 
 
 Key customers and partnerships
 
 
 Solid Power had investments or partnerships with automakers such as Ford, BMW, and Hyundai as well as Japanese auto-parts maker Sanoh Industrial.&nbsp;
 
 
 &nbsp;Funding and financials
 
 
 In 
 <a href="https://sp-edge.com/updates/15723">
 January 2023
 </a>
 , the US Department of Energy awarded Solid Power USD 5.6 million in funding to develop a 3D-structured Li metal anode and sulfur composite cathode for high-energy and fast-charging EV battery cells.
 
 
 Solid Power was listed on Nasdaq through a SPAC merger in December 2021. The deal raised USD 542.9 million at a valuation of USD 1.2 billion. The proceeds were to be used to fund the company&rsquo;s capital-light business model through vehicle integration, which was planned for 2026. The transaction made Solid Power the first listed pure-play solid-state battery company. Solid Power&rsquo;s revenue guidance for 2023 ranges between USD 15 million and USD 20 million. 
 
 
 
</div>

Autonomous and connected technologies shaping the future of the auto industry

Auto Tech

Phantom AI, founded by Tesla and Hyundai alumni, offers modular advanced driver assistance systems (ADAS) for autonomous driving platforms. Its product offerings include 1) “PhantomVision,” a scalable, flexible, deep learning-based 360-degree computer vision solution that can detect vehicles, pedestrians, and objects, and provide motion estimates for automatic braking, adaptive cruise control (ACC), traffic jam assistance, and lane-keeping assistance; 2) “PhantomFusion,” an independent sensor fusion and object tracking system that can create models using cameras, radars, LiDAR and ultrasonic sensors; and 3) “PhantomDrive,” a vehicle control solution that can create vehicle movements by predicting motions of objects detected. Its technology is capable of Level 2/3 autonomy (i.e., technology that can control both the speed and the steering but requires a vigilant safety driver and technology where the driver is not required to maintain full vigilance but must be able to take control if necessary, respectively), and it plans to improve tech to support full autonomy in the future.&nbsp;Key customers and partnershipsPhantom AI’s customers include several automakers, a truck OEM, and European and Asian Tier-1 automotive suppliers including Renesas Electronics Corporation.&nbsp;Phantom AI has a partnership with Integrated Computer Solutions (ICS) for the development of its computer vision technology, PhantomVision.&nbsp;

<div>
 
 Motorq offers a cloud-based system that can ingest and monitor connected car data, run advanced analytics and machine learning models, provide insights, and other information, and deliver the output through application programming interfaces (APIs) and other infrastructure tools. The key services provided include real-time vehicle location tracking, geofencing, trip and driver analysis, driver coaching, electric vehicle (EV) charging insights, fuel misuse reporting, and maintenance alerts. Its solutions are available on a software-as-a-service (SaaS) basis.&nbsp;
 
 
 
 
 Key customers and partnerships
 
 
 As of February 2024, the company had partnerships with 12 original equipment manufacturers (OEMs) including Ford, General Motors, Volkswagen, Stellantis, Toyota, and 
 <a href="https://sp-edge.com/updates/26902">
 BMW.
 </a>
 &nbsp;
 
 
 
 
 <a href="https://sp-edge.com/updates/17532">
 In March 2023,
 </a>
 Motorq also partnered with J.D. Power, a data analytics, software, and consumer intelligence company, to provide EV owners with insights based on connected vehicle data including battery health. It also partnered with Mercedes-Benz Connectivity Services 
 <a href="https://sp-edge.com/updates/21928">
 in September 2023,
 </a>
 to provide data solutions for Motorq customers for fleet management and vehicle performance optimization.
 
 
 
 
 Funding and financials
 
 
 In February 2022, Motorq raised USD 40 million in a Series B funding round led by Insight Partners. The company intended to use the funds to expand its product development and engineering teams, enhance OEM collaborations, establish presence in Europe and Japan, and enhance product capabilities to include insurance, automotive rentals, and dealer services.
 
 
 
</div>

Additive manufacturing makes objects by systematically adding material via a CAD program

Additive Manufacturing

Desktop Metal provides a range of additive manufacturing (AM) solutions including the sale of 3D printers with related software and materials as well as other related services targeting applications including rapid prototyping, pilot runs, mass production of tools, end-use parts, and aftermarket parts. The company mainly serves industries such as automotive, consumer goods, heavy industry, education, machine design, healthcare, and manufacturing tooling.Desktop Metal’s products include 1) Production System, a metal 3D printer for mass production; 2) X-Series, a binder jet 3D printer with patented Triple ACT (advanced compaction technology) and specialty materials including metals and ceramic; and 3) Shop System, a metal binder jetting system targeting metal 3D printing at machine shops, which also includes <a href="https://sp-edge.com/updates/12724">Shop System+, and Shop System Pro packages </a>introduced in August 2022 and <a href="https://sp-edge.com/updates/14160?industryIds=71">Shop System Forust Edition, </a>a high-speed 3D printer for upcycled wood parts; 4) Studio System 2, an office-friendly metal 3D printer; 5) Fiber; a composite 3D printer using thermoplastic material such as nylon and 6) <a href="https://sp-edge.com/updates/12867?industryIds=71">Figur G15, </a>a printer platform based on patent-pending Digital Sheet Forming (DSF) technology that fabricates sheet metal into parts with a high level of surface finish with little to no post-printing.Desktop Metal also offers <a href="https://sp-edge.com/updates/12723">Live Sinter software </a>—a sinter simulation software that allows the design of sinter-ready, printable parts.. In March 2023, it launched <a href="https://sp-edge.com/updates/16892?industryIds=71">Live Suite, </a>a premium software package to offer advanced design capabilities for metal, polymer, and ceramic parts. In September 2023, it launched <a href="https://sp-edge.com/updates/22343">Live Monitor, </a>an Industry 4.0 solution for users to monitor and use real-time data to improve efficiency.Desktop Metal has grown through the acquisition of several companies including binder jetting technology company ExOne (November 2021), AM company AIDRO hydraulics &amp; 3D printing (September 2021), powder-based material AM company Aerosint (July 2021), provider of printed elastomers for AM Adaptive3D (May 2021), and polymer AM company EnvisionTEC (January 2021) to expand its material and printer offerings.In October 2023, the company sold Belgian additive manufacturing solutions provider <a href="https://sp-edge.com/updates/23189">Aerosint SA </a>to motion technology company Schaeffler. Desktop Metal maintained its collaboration with Schaeffler in advancing binder jet 3D printing technology, while retaining the option for future commercial utilization.In July 2024, the entire company was <a href="https://sp-edge.com/updates/31161">acquired by Nano Dimension</a> for ~USD 183 million in an all-cash transaction. Key customers and partnershipsDesktop Metal operates through an internal sales team and a network of 200+ distribution partners (value-added resellers) in over 65 countries. Its customers include small and medium enterprises as well as Fortune 500 companies. The company received a major <a href="https://sp-edge.com/updates/14615?industryIds=71">contract </a>from the US Department of Veterans Affairs in November 2022. In October 2022, Desktop metal partnered with <a href="https://sp-edge.com/updates/13694?industryIds=71">Siemens </a>to accelerate the adoption of additive manufacturing at scale specifically targeting large-scale manufacturers. The company also entered into materials-related partnerships with Carbon in July 2023 to make Flexcera resins available to users of Carbon's 3D printers as well as with Henkel in August 2022 to validate Henkel's materials for DM printers. In March 2024, Desktop Metal expanded its partnership with Evonik, a chemical manufacturer, to integrate the latter’s INFINAM solution into its portfolio of polymers.

Cavnue combines technology and road infrastructure to unlock the full potential of connected and autonomous vehicles. Cavnue is a company founded by Sidewalk Infrastructure Partners (SIP) to build the future of roads. The interstate highway system defined mobility in the second half of the 20th century. Now, transportation in America and around the world is changing again. Mobility in the 21st century will be defined by intelligent, connected, and autonomous vehicles. Cavnue is designing the physical, digital, coordination, and operational infrastructure to accelerate and realize the full potential of connected and autonomous vehicles to make roads safer, less congested, shared, and sustainable. The company is developing a first-of-its-kind connected corridor in Michigan, the birthplace of the automobile and the home of 75% of U.S. automotive R&D investment.

Rivian is an automotive technology company that develops products and services to advance the shift to sustainable mobility. The company creates solutions that redefine traditional automotive economics and remove the pain points of conventional ownership. It also manufactures autonomous electric vehicles intended to offer a comfortable and eco-friendly driving experience.

Solid Power is a developer of solid-state rechargeable batteries for electric vehicles and mobile power markets. Possessing no volatile or flammable liquid components, its solid-state batteries are extremely energy-dense while also possessing ultimate safety and reliability. Together, these performance attributes can enable profound performance improvements of battery-powered devices such as portable electronics, electric vehicles, aircraft, and satellites through increased run time, increased safety, and lower cost.

Motorq enables access to connected vehicle data and analytics at scale so that enterprises such as fleets, insurance companies, and governments can rapidly improve operations and expand services. They future-proof the vehicle data strategy for these enterprises, empowering them to lead in the new mobility world. Founded in 2016, Motorq is headquartered in the San Francisco Bay Area.

Phantom AI is democratizing the use of advanced driver assistance systems (ADAS) to reduce accidents, save lives and make driving more enjoyable while delivering tomorrow’s self-driving technology. The company provides a comprehensive autonomous driving platform featuring computer vision, sensor fusion, and control capabilities. Phantom AI has created the most accurate and highest-performing AI solutions available today that meet car manufacturer requirements, at a much lower price than existing solutions. Delivered through a modular, software-based vehicle stack, OEMs and Tier 1 suppliers can select the components they wish to integrate and customize the configuration for unparalleled flexibility.

One Stop Wellness is the on-demand health literacy platform that incentivizes employees to adopt healthy habits. We help companies improve population health risks and reduce health care costs through our comprehensive workplace wellness app that helps employees track their chronic risk factors and get personalized guidance to improve their overall wellbeing.

CelLink is an early-stage hardware startup that is developing a flexible conductive backplane for power electronics, including batteries, light-emitting diodes, wire harnessing, solar cells, and other devices requiring power transmission.

SAIPS core expertise is design, development and implementation of algorithmic engines that are based on Deep Neural Networks (‘Deep Learning’). SAIPS portfolio consists of five algorithmic suites that provide state of the art solutions for the hottest computer vision challenges in the areas of detection, tracking, image enhancement, registration, segmentation, pattern recognition, positioning, 3D, prediction, video intelligence and more.   By repeatedly providing innovative, cost-effective and differentiated solutions to uncracked challenges, SAIPS enables its customers to break technological and business barriers. SAIPS customers list includes companies from the aerospace, medical, semiconductors, mobile, sports, gaming and retail industries.   Vast majority of SAIPS engineers are graduates of elite IDF units (Talpiot, 8200) and all of them are with 10+ years of experience in development and management of complex algorithmic systems. SAIPS personnel has a proven track record of delivering top-notch solutions with flawless execution.

Desktop Metal is a leading provider of additive manufacturing technologies, materials, and applications for industrial, medical, and consumer product production. The company's innovative 3D printing systems, materials, and software enable on-demand, digital mass production that delivers the speed, cost-efficiency, and part quality required for this transformative shift in manufacturing.

Mcity, the autonomous vehicle research center on the University of Michigan campus.Mcity is the only advanced mobility R&D center that combines early-stage research, testing in a real-world environment, and on-road vehicle deployments to further prove new technologies.

AutoFi is a commerce platform delivering point of sale solution for financing a vehicle online. The platform allows consumers to purchase and finance a vehicle entirely online through a seamless user experience and an automated application and approval process. The company's platform connects an auto dealer’s customers to a network of lenders, providing a fast, mobile-first checkout experience. It provides vehicle buyers instant full spectrum decisions with customizable terms.

Argo AI is a global autonomy products and services company headquartered in Pittsburgh, with engineering centers located in Detroit, Cranbury, NJ, Los Angeles, Palo Alto, and Munich, Germany. Since 2016, the company has been on a mission to make the world’s streets and roadways safe, accessible, and useful for all. With a team of more than 1,800 people across the U.S. and Europe, Argo designs its Argo Autonomy Platform and Solutions to support autonomous ridesharing and goods delivery at scale to benefit communities around the world.

Velodyne Lidar, the first public pure-play lidar company, is an industry leader in lidar globally. Their innovation, technology scope and manufacturing capabilities make them world-class in the lidar industry. Under the leadership of CEO Anand Gopalan, the company’s key objective is to transform lives through safe mobility and smart communities with high performance lidar solutions. The mission of Velodyne Lidar is that their solutions will provide new mobility choices through universally accessible transformation, while providing security, efficiency and sustainability in smart cities. One of the many aspects that makes Velodyne Lidar stand out in the industry is their revolutionary software and hardware solutions meet the needs of a broad range of industries. These include advanced driver-assistance systems, autonomous vehicles, robotics, smart cities, security, delivery, industrial and more. For instance, their solutions power autonomous tractors to create ease and efficiency in airport logistics and enable autonomous robots to perform dirty and often dangerous jobs including rescue missions, construction support, enhanced agriculture processes and more.

The Civil Maps sensor-agnostic platform enables high-accuracy, low-cost 3D HD mapping and localization at scale. Auto OEMs, mapping companies, and mobility providers use our technology to advance their autonomous driving initiatives by integrating our localization technology with their decision-making stack and sensor configurations of choice. Civil Maps enables vehicles to develop and leverage their own “mental model” of the world; they can can create, utilize, and create maps with the industry’s most cost-effective, scalable, and robust methods available today. Civil Maps’ proprietary Fingerprint Basemap Technology is at the core of our offerings in sensor fusion, 3D mapping, centimeter-accurate localization at scale. While empowering vehicles with full environmental awareness and enhanced safety, Civil Maps is able to dramatically reduce the cost, compute, and energy requirements involved in continental-scale deployment of delivery bots and autonomous vehicles.

Pivotal is a software company that provides digital transformation technology and services. Its Cloud Native platform drives software innovation for many of the world’s most admired brands. With millions of developers in communities around the world, Pivotal technology touches billions of users every day. After shaping the software development culture of Silicon Valley's most valuable companies for over a decade, today Pivotal leads a global technology movement transforming how the world builds software.

IBiquity Digital develops and licenses a digital HD Radio technology for AM and FM audio and data broadcasting in the United States and internationally. Its HD radio technology allows digital radio signals to ride the same airwaves as analog AM and FM radio broadcasts. The company provides a Gigaware Navigation Control HD Radio Receiver accessory and a Gigaware HD Radio application for iPhone and iPod touch users to receive HD Radio FM broadcasts. iBiquity Digital Corporation was formerly known as USA Digital Radio, Inc. The company was founded in 1991 and is based in Columbia, Maryland, with additional offices in Basking Ridge, New Jersey; and Pontiac, Michigan.

Zebra Imaging was founded in 1996 by graduates of the Massachusetts Institute of Technology's Media Laboratory. The mission of the company was established at that time: to develop and provide the best technologies and products for three-dimensional visual communications. With initial and continuing support from investors, the company has succeeded in producing and delivering the most innovative holographic products and technology in the world.

Telcontar is a worldwide provider of total location-based solutions for in-vehicle, Internet and wireless platforms. Using the Telcontar premier spatial software platform, our patented automated user notification technology and carefully chosen industry partners, Telcontar can help its customers provide complete, real-time, highly scalable solutions for navigation, mobile safety, security and convenience. Our customers include Yahoo!, Rand McNally, ATX technologies, Criticom International, Satronics and Hutchison 3G.

eRoom Technology provides internet-based software applications and services that enable organizations to collaborate with their enterprises of employees, customers, suppliers, and other partners. The company’s software is used for a variety of projects, including designing and developing products, bringing new products to the market, establishing and coordinating activities across the supply chain, coordinating sales and support efforts, and managing consulting engagements from proposals through completion. eRoom Technology was founded in 1996 and is headquartered at Cambridge, Massachusetts, United States.

Plumtree Software, engages in the development, marketing, and sale of a suite of software products for deploying Web applications. The company's Enterprise Web Suite combines portal, content management, collaboration, integration, and search technologies. Its Corporate Portal provides the framework for applications, supports virtual community workspaces, and integrates them into a cohesive Web work environment. The Collaboration Server enables people to work together via the Web, supporting tasks, projects, communities, calendars, discussions, and document sharing with version control. The Content Server enables publication and management of Web content for portals and Web applications, with forms-based publishing, branding, templates, workflow, approvals, and content expiration. The Search Server indexes and searches all the documents, information, applications, communities, discussions, Web sites, and other content accessible through the portal. The Studio Server provides tools to portal managers to create forms-based portlets and application components without coding. The Web Services Integration technologies connect the portal to enterprise systems, repositories, and resources, with support for both .NET and Java integration. It also offers development and administration tools that are used to assemble, customize, deploy, and manage applications for users inside and outside the enterprise. In addition, Plumtree Software offers deployment and support services, consulting services, and training classes. It markets and sells its products through its direct sales force and through systems integrators, value-added resellers, and original equipment manufacturers in the United States, Canada, Europe, and Asia Pacific. Plumtree Software, Inc. was founded in 1996 and is headquartered in San Francisco, California. Plumtree Software Inc. operates as a subsidiary of Oracle Corp.

AvantGo, Inc. provides software and services that enable and enhance the use of Internet-based content and corporate intranets to mobile devices, including personal digital assistants and Internet-enabled phones. The company licenses its AvantGo M-Business Server products and AvantGo mobile applications products to help its customers provide their employees, customers, suppliers, and business affiliates with easy access to business information. The AvantGo Mobile Internet service allows individuals to access Internet-based content and applications, and gives content providers and other businesses a new medium for reaching and interacting with new and existing customers. In February 2002, AvantGo was chosen by Microsoft for the participation in the Microsoft Mobility Partner Advisory Council. AvantGo provides solutions for the Microsoft Windows Powered Pocket PC 2002.

At carclub.com, Their mission is to provide automotive consumers with the best car owning experience they will ever have. We're committed to building their business based on what customers want and how they like to be treated. Whether by web or by phone, they aim to offer comprehensive selection, unprecedented savings, and state of the art service.

Ford Motor Company manufactures or distributes automobiles in addition to offering financial services. The company sells to dealerships for retail sales, and for sale to fleet customers, including commercial fleet customers, daily rental car companies, and governments. Ford’s vehicle portfolio includes automobiles, buses, tractors, and trucks. Retail financing includes retail installment sale contracts for new and used vehicles, and direct financing leases for new vehicles to retail customers, government entities, daily rental car companies, and fleet customers. Finance receivables in the non-consumer portfolio include products offered to automotive dealers. Ford’s environmental initiatives include compressed natural gas, flexible fuel vehicles, electric drive vehicles, Hydrogen, PC power management, and so on. Ford Motor Company was founded by Henry Ford in 1903 and is headquartered in Dearborn, Michigan.

<div> Ford Motor is an American multinational automobile manufacturer (NYSE: F) that develops, manufactures, and distributes vehicles, parts, and accessories. It also offers related financial services. The company is the third-largest US automaker by revenue (2023) behind General Motors (GM) and Toyota. Ford sold ~4.4 billion wholesale units and reported a revenue of USD 176.2 billion in 2023.&nbsp; Ford offers automobiles under two brands: Ford and Lincoln&mdash;Ford is considered the mainstream brand, while Lincoln is considered a luxury. In the past, Ford owned five other luxury brands&mdash;Volvo, Land Rover, Jaguar, Aston Martin, and Mercury&mdash;but, over time, it sold them to other companies and discontinued Mercury. Ford also owns a 32% stake in JMC, a publicly listed automobile manufacturer in China, which produces various Ford-branded and JMC-branded vehicles for the Chinese and other export markets. The company also offers vehicle-related financing and leasing in addition to engaging in mobility-related developments such as autonomous vehicles. The US market accounted for the majority of the company&rsquo;s revenue (~66%) in 2023. The company expects to promote EV sales to make up 40% of its global sales by 2030 and to produce 2 million+ EVs annually by 2026.&nbsp; </div>

Bernstein Downgrades Ford Motor to Market Per...

Ford Smart Mobility

Ford Credit

Ford Venture Capital Group

Automation and robotics are finally creating solutions for the complexities of doorstep deliveries.

Last-mile Delivery Automation

Refers to unmanned aerial vehicles (UAVs) that deliver packages. Drones are already in commercial use in many other industries (such as photography, construction, and agriculture). The use of drones for goods delivery has emerged with the gradual advancement of battery and connectivity technologies.

Refers to autonomous vehicles that use pedestrian walkways and travel a little faster than average walking speed (generally 3-6 miles an hour). These vehicles can usually carry up to around 20 lb. and use a camera, radar, and sensors to move autonomously. 

This is a sub-branch of self-driving cars and represents autonomous vehicles that can move along public roads. The technology used is similar to self-driving cars. ADVs have a higher load capacity and travel at a faster speed than vehicles like droids.

Reinforcing recycling, rerouting refuse, and reducing wasteflows

Waste Recovery & Management Tech

Startups offering platforms or software solutions incorporating technologies such as sensors, robotics, and AI to monitor and improve the waste collection process using several methods: identifying optimal waste collection time, connecting businesses and individuals with haulers, optimizing trash pickup routes, and increasing transparency in waste management throughout the production process.

Startups that separate waste by type, either by using robotics or analytics (AI, machine learning), to help streamline the recycling process.

Startups that develop recycling technologies or provide solutions such as AI-based online platforms or algorithm-based predictive solutions to primarily support businesses in their in-house recycling efforts.

Startups developing recycling technologies, including the pyrolysis process or a recycled propylene technology, to convert plastic waste into products such as pure propylene, recycled plastic, crude oil, and furniture.

Startups developing recycling technologies such as polymer recycling, flexible hydrothermal processing, etc., to recycle textile waste into products that include carbon neutral fiber or transform the waste into new products with greater value through upcycling technologies.

Startups developing recycling technologies such as lithium-ion battery recycling processes or a Magnet-to-Magnetä recycling process to convert electronic waste into products that include recycled batteries and cathode materials.

Startups developing recycling technologies to separate materials made by combining two or more materials with different properties (composite materials) and recycle them into secondary use raw materials such as aluminum, plastic, leather, and cardboard.

Startups using proprietary technologies to recycle waste (besides plastic, textile, and electronic waste) into harmless waste materials or into materials that can be used to make household goods, furniture, and construction material.

Startups using recycling technologies such as anaerobic digestion or a chemical process to convert waste into energy.

Information to create a more efficient, cleaner and safer way to travel in the city of the future

Smart Mobility Information

Startups that offer mobile apps that provide live information for route planning via multiple modes of transport

Startups offering management platforms to monitor, analyze, and automate traffic control

Startups offering mobile apps for drivers to locate, book, and pay for parking

Startups offering management platforms that provide information and analytics to optimize route planning and usage for mass transport

Startups offering mobile and in-vehicle apps that provide real-time alerts on road hazards and traffic conditions

Startups offering platforms to monitor, manage and enforce parking services

Companies developing battery electric cars, SUVs, and pickup trucks

Companies developing commercial BEVs. Includes electric LCVs, trucks, buses, etc.

Companies developing Li-ion EV batteries and battery materials. Includes next-gen advancements in Li-ion batteries (e.g. fast charging batteries, graphite-anode substitutes)

Companies developing EV battery technologies that do not fall under the definition of Li-ion (e.g. solid-state batteries, lithium substitutes, etc.)

Companies offering software solutions to optimize the performance of EV batteries (e.g. charging optimization software, Digital Twin solutions, etc.)

Companies that facilitate EV charging. Includes both charging infrastructure providers and network operators. Also includes vehicle-to-grid technologies.

Revolutionizing efficiency by redefining human interactions

Humanoid Robots

Companies that develop full humanoid robots for research and education purposes in various fields such as science, technology, and academia

Companies that develop full humanoid robots for personal support and caregiving to assist individuals in their homes with tasks like cleaning, cooking, and providing companionship; includes applications in the medical and healthcare industry, such as assisting with surgeries, rehabilitation, or acting as companions for patients

Companies that develop full humanoid robots for entertainment purposes and social interaction. They can be used in public spaces, events, or as personal companions

Companies that develop full humanoid robots for commercial services across various industries such as retail, hospitality, and customer service

Companies that develop full humanoid robots for industrial and manufacturing settings to perform tasks such as assembly, material handling, and quality control

Companies that develop software and hardware that enable humanoid robot technology (e.g., sensors, grippers, cognitive architecture, robotic applications/software, etc.)

Simplifying the insurance experience for businesses using technology

InsurTech: Commercial Lines

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

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 Ford has announced a new usage-based insurance product for commercial customers in collaboration with Pie Insurance, a digital small business insurance provider. This product is part of the "Ford Pro Insure" program, an insurance solution specifically tailored for Ford Pro vehicle fleets.
 This new insurance offering will initially be available to commercial customers in Minnesota. Its unique feature is the use of vehicular data from new Ford Pro vehicles to generate insurance coverage. Businesses that choose to enroll in this plan can benefit from a 10% insurance cost discount.
 The "Ford Pro Insure" program is underwritten by The American Road Insurance Company, a subsidiary of Ford Credit. This program forms part of the Ford Pro ecosystem, providing a holistic suite of services comprising vehicles, software, charging, service, and financing for Ford Pro customers, in pursuit of enhanced productivity.
 
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