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The Israel Addition Authority, in allegation of adopting the nation’s tech ecosystem, has active an acceding with an Italian assemblage of bunch automaker Stellantis NV to abet in abstruse addition that will advice abound Israeli firms and addition the firm’s tech prowess.

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The accordance was active with FCA Italy S.p.A., a accessory of Stellantis. The automaker designs, develops, manufactures, distributes, and sells cartage and advancement solutions. Its portfolio of cartage includes iconic automotive brands such as Jeep, Alfa Romeo, Maserati, Fiat, Dodge, Opel, Peugeot and Citroën.

The acceding is allotment of the Israel Addition Authority’s R&D and Pilot Accord with Bunch Corporations (MNC) Program, which offers a framework for abstruse cooperation amid MNCs and avant-garde Israeli companies.

The acceding for automated cooperation amid Israeli technology companies and Stellantis was active by Ami Applebaum, administrator of the Israel Addition Authority, and Roberto Di Stefano, in allegation of e-Mobility at Stellantis, to actualize a framework to accept cooperation projects in addition amid Israeli entities and Stellantis.

Ami Appelbaum, administrator of the Israel Addition Authority and Chief Scientist at the Ministry of Economy and Industry (Israel Addition Authority)

As allotment of the agreement, the Israel Addition Authority, calm with Israel’s bread-and-butter mission to Italy, will advice Stellantis analyze accordant Israeli-developed technologies. If any of the technologies pinpointed prove to be absorbing to the Italians for added development, the Israel Addition Authority will accommodate allotment for the Israeli startups, while Stellantis will abutment the startups’ R&D, business and added all-around activities.

The Israel Addition Authority’s collaborative framework with bunch corporations began in 2005. Amid the corporations that accept already active such collaborative agreements are Intel Corp., Audi, Adler Pelzer, Abbot, Unilever, Hewlett Packard, IBM, Panasonic, Philips, Nielsen, Fujitsu and Renault.

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As allotment of the framework, the Addition Authority helps multinationals define Israeli technologies that abode the corporation’s specific needs, and provides banking abutment for analysis and development. The bunch matches those funds – whether through investment, lending cadre or R&D equipment, or by accouterment appointment on regulatory, abstruse or business action – acceptable the Israeli aggregation and aperture opportunities in markets abroad.

The Stellantis accumulation has operations in Europe, North America and Latin America.

Through its e-Mobility department, Stellantis has been alive for over two years to body an ecosystem fabricated of accessories and casework with ally to advice barter accomplish the alteration to electric mobility.  The accumulation has added acclimated addition in its assembly and Stellantis has focused on startup-oriented investments. It is attractive to Israeli firms to tap into the latest developments.

The accumulation has already articular areas for the antecedent abeyant collaborations that will be focused on active assistance, cybersecurity and industry 4.0 and has been aloof added than 30 startups for over a year. A cardinal of proof-of-concept collaborations, arcane for now, is already underway, the account said.

“Smart advancement is amid the fastest growing fields in the world, and there’s no agnosticism that this acceding amid Stellantis and the Israel Addition Authority is a vote of aplomb in the Israeli startup ecosystem, and added affidavit that in the new apple of automotive – so angry to addition and technology – Israel is a key player,” said the Addition Authority’s Appelbaum. “Collaboration amid a all-around aggregation like Stellantis and Israeli companies will advance to the development of new technologies and innovations in a array of fields.”

“Stellantis is acquisitive to apprentice from the accurate and abstruse innovations that abide in Israel. Our cooperation will accord abundantly to Israel and to Israeli R&D. This acceding is a attestation to Israel’s role at the beginning of innovation, which is cartoon all-embracing absorption in abounding arch fields.”

“For a all-around aggregation like ours,” said Stellantis’s Di Stefano, “it is capital to pay absorption to the account generated in startups, and accommodate assets to abutment their adeptness to adduce avant-garde technologies aimed at a added acceptable future.”

“This acceding will accredit our Accumulation to advance a altered archetypal of accord with Israeli startup.”

Stellantis, headquartered in The Netherlands, was formed beforehand this year through the alliance of Italo-American close Fiat Chrysler Automobiles and French close Accumulation PSA.

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