Germany-based automotive manufacturer Volkswagen has admitted the first six Germany-based mobility technology teams to its Transparent Factory incubator.
The participants include corporate car-sharing platform CarlundCarla, parking space navigation startup Smart City System and Geospin, a big geographical data analysis technology spinout of University of Freiburg.
Intelligent driving system developer Ekoio, environmentally friendly last-mile delivery service Tretbox and LoyalGo, a provider of electric vehicle-charging stations that feature advertising, made up the selection.
The teams’ technology will be assessed after three months and, if judged to be developing at a sufficient rate, will be supported until they are market-ready while Volkswagen admits more teams. Local subsidiary Volkswagen Saxony will provide €15,000 ($17,600) in funding for each team.