The document provides an overview of the automotive startup landscape and emerging trends in automotive technology. Some key points:
- The automotive industry has evolved from craft production to mass production to lean manufacturing approaches, creating barriers for new startups.
- Automotive 3.0 focuses less on the vehicle and more on services like connectivity, ridesharing, and autonomous vehicles enabled by advances in software and mobile technology.
- The US, India, China, Israel and Germany have large numbers of automotive startups concentrated in areas like transportation technology, electric vehicles, and connected cars. Total funding for automotive startups has grown significantly from $18B in 2010 to over $40B in 2016.