SAN FRANCISCO, CA, Ample, a leading provider of battery swapping technology for electric vehicles, today announced a $25 million investment from Mitsubishi Corporation.
This strategic collaboration goes beyond just a financial investment, where Mitsubishi Corporation will support Ample’s ongoing efforts to expand its battery-swapping business. Mitsubishi Corporation will collaborate closely with Ample, leveraging their expertise in mobility, renewable energy, energy storage, and battery reuse and recycling to help accelerate the deployment of sustainable energy solutions.
Ample aims to solve the energy delivery challenge for electric transportation by utilizing autonomous robotics and smart-battery technology. Ample has created an economical, rapidly deployable and widely accessible platform that delivers a full charge to any electric car in minutes.
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By VC News Daily
Source: VC News Daily