Israeli tech start-ups find open lane

Nexar is one of the many Israeli start-ups taking advantage of the new world of driving Israel briefly made cars in the 1950s and ‘60s: the Sussita, the Carmel and the Sabra, which, unusually, had a cactus for its logo. The cars sold poorly, but entered popular myth: Israelis today will tell you they were irresistible to camels, who liked to munch on their fibreglass bodies. Israel lacked — and today still lacks — both the requisite industrial depth and the domestic car market needed to rival the incumbent auto industries of the US, Europe or Japan. But six decades later, the high-tech functions in which Israeli companies excel — cyber security, artificial intelligence, machine learning — are increasingly being deployed in cars, and the Jewish state’s automotive moment has…


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