venture fund for startups through the CMC
More than 40%
of mobility startups choose California as their hub
ramp up factory
The California Mobility Center (CMC) is a public-private partnership that connects mobility start-ups and industry leading members, helping innovators develop new technology, test products, access capital, launch and then go to scale.
Located at the heart of global policy and ZEV development
California is shaping the future of mobility and is ripe for success with Governor Newsom announcing $100 billion in an economic recovery plan called “California Roars Back,” including $3.2 billion toward zero emission initiatives – the largest initiative of its kind in state history.
Within California, the main nexus for ZEV development and deployment is the I-80 corridor. Bookended by Tesla facilities on both ends, the 240 miles from the East Bay to Reno is home to a plethora of companies, universities and public sector power players unrivalled in the industry. Greater Sacramento sits in the exact midpoint of all this activity.
Led by renowned clean energy partners
Anchoring this effort is PEM Motion. Based in Aachen, Germany with its U.S. headquarters in Sacramento, PEM has over 350 engineers and partners and has spun out three mobility companies totaling over 1,500 jobs within four years. PEM produces more than 100 projects annually. In 2018 it generated $10 million in revenue.
Additional CMC board members hail from:
Recent news on the California Mobility Center
The California Mobility Center is a public-private partnership working on the future of vehicle technology, especially concepts such as electric and autonomous vehicles.
The California Mobility Center has named its board of directors, which includes industry and research veterans from across the country.
The new California Mobility Center will connect innovators with industry leaders who can collaborate and help accelerate technology developments to reduce time to market.
The California Mobility Center, a public-private partnership to foster development of mobility technology, will establish its headquarters in the next few months at Sacramento's Depot Park.
The California Mobility Center is beginning to take shape, though it still doesn’t have a home or a clear set of partners.