Lear and Plug and Play are partnering on advancing mobility innovation in the automotive industry, coordinated through the Silicon Valley office of Lear Innovation Ventures (LIV) in San Mateo, California.
Plug and Play has developed global accelerator programmes, corporate innovation services and an in-house venture capital (VC) fund to make technological advancement progress faster.
“Plug and Play is well known globally for its ability to attract the best start-ups and investments across a variety of technical industries,” said Lear CTO, John Absmeier.
“The purpose of LIV is finding the best collaborative opportunities to enhance the future of mobility and user experiences. We are looking forward to joining this ecosystem and helping the next wave of start-ups flourish.”
LIV focuses on product, process and business model innovation and is centred on intensifying activities around the autonomous, connected, electrified and shared mobility trends.
Lear serves every major automaker and its content can be found on more than 400 vehicle nameplates.
Lear products are designed, engineered and manufactured by a team of around 169,000 employees located in 39 countries.