GLM Co., Ltd (Exited)
A chassis platform, a 'key' part of the automobile industry and one of the critical entry barriers to the indsutry, to build the next generation automobiles.
GLM Co.,Ltd develops automobile chassis and complete cars based on those chassis. Traditionally, the automotive industry across the world has been dominated by a dozen or so large groups, protected by two technical entrance barriers: internal combustion engine and chassis development. Off-the-shelf availability of replacements for the engines, such as batteries and fuel cells, has removed one entrance barrier; GLM plans to remove the other entrance barrier, the chassis, by developing and selling flexible off-the-shelf chassis to encourage new entrants to the automotive industry, and thereby disrupting the status quo.
The founders saw the decline of domestic manufacturers in BPO business for consumer electronics industry that they were a part of. They wanted to create the products from the scratch that get people excited, by leveraging the inherent technical strengths of Japan.
A revolutionary business model that penetrates the automobile industry, to provide its own original EV platform (chassis + accessories). Main parts (motor / battery etc) jointly developed with good domestic suppliers.
UTEC value up
Exploring opportunities for collaboration with a wide range of automobile companies that can redefine the manufacturing of cars from various perspectives.