Goodyear Tire launches a new venture capital fund to develop future mobility solutions at the 2020 Consumer Electronics Show.
‘Goodyear Ventures’ will be created with $100 million targeted funding for new investments to develop mobility solutions over the next 10 years.
Goodyear Ventures will continue and expand Goodyear’s growing relationships in new mobility, with a focus on partnering and investing in startups with a shared vision of sustainable, safe and new mobility experiences that make life’s connections easier every day.
Goodyear’s Chairman, CEO and President Richard J. Kramer said, “Goodyear is a technology-driven mobility company that seeks out and partners with other mobility thought leaders ranging from small startups to proven business models. Goodyear Ventures will take this effort to the next level to engage and shape how people move in the future.”
Goodyear Ventures will focus on eight themes shaping mobility:
• Electric and autonomous technologies
• Connected mobility solutions
• Next-generation public mobility
• Next-generation aviation mobility
• Future transportation infrastructure
• Future maintenance and operations
• Emerging technologies
• New tire materials