Close Menu
TechBrunchTechBrunch
  • Home
  • AI
  • Apps
  • Crypto
  • Security
  • Startups
  • TechCrunch
  • Venture

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Explain why hackers who exposed the North Korean government did that

August 21, 2025

Even Rogers and Max Haot will take part in the Space Stage in 2025

August 20, 2025

Device searches at US borders hit record-breaking records, new data show

August 20, 2025
Facebook X (Twitter) Instagram
TechBrunchTechBrunch
  • Home
  • AI

    OpenAI seeks to extend human lifespans with the help of longevity startups

    January 17, 2025

    Farewell to the $200 million woolly mammoth and TikTok

    January 17, 2025

    Nord Security founder launches Nexos.ai to help enterprises move AI projects from pilot to production

    January 17, 2025

    Data proves it remains difficult for startups to raise capital, even though VCs invested $75 billion in the fourth quarter

    January 16, 2025

    Apple suspends AI notification summaries for news after generating false alerts

    January 16, 2025
  • Apps

    Now you can talk to Google photos and edit them

    August 20, 2025

    Google announces Fitbit's new AI-powered individual health and fitness coaches

    August 20, 2025

    Google launches a new Pixel Journal app

    August 20, 2025

    Life360 adds new no-show notifications to the app

    August 20, 2025

    Thousands of Grok chats are now searchable on Google

    August 20, 2025
  • Crypto

    Your next customer is destroying the 2025 Expo floor

    August 19, 2025

    Crypto Company Gemini File for Winklevoss Twins IPO

    August 16, 2025

    North Korean spies pretending to be remote workers have invaded hundreds of businesses, CloudStrike says

    August 4, 2025

    Telegram's Crypto Wallet will be released in the US

    July 22, 2025

    Indian Crypto ExchangeCoindCX confirms $44 million stolen during hack

    July 21, 2025
  • Security

    Explain why hackers who exposed the North Korean government did that

    August 21, 2025

    Device searches at US borders hit record-breaking records, new data show

    August 20, 2025

    Listen and record all conversations “Always On” Harvard Dropout launches AI smart glasses

    August 20, 2025

    New Zero-Day startup offers $20 million for a tool that can hack your smartphone

    August 20, 2025

    US spy chief says the UK has removed demand for apple backdoors

    August 19, 2025
  • Startups

    7 days left: Founders and VCs save over $300 on all stage passes

    March 24, 2025

    AI chip startup Furiosaai reportedly rejecting $800 million acquisition offer from Meta

    March 24, 2025

    20 Hottest Open Source Startups of 2024

    March 22, 2025

    Andrill may build a weapons factory in the UK

    March 21, 2025

    Startup Weekly: Wiz bets paid off at M&A Rich Week

    March 21, 2025
  • TechCrunch

    OpenSea takes a long-term view with a focus on UX despite NFT sales remaining low

    February 8, 2024

    AI will save software companies' growth dreams

    February 8, 2024

    B2B and B2C are not about who buys, but how you sell

    February 5, 2024

    It's time for venture capital to break away from fast fashion

    February 3, 2024

    a16z's Chris Dixon believes it's time to focus on blockchain use cases rather than speculation

    February 2, 2024
  • Venture

    Even Rogers and Max Haot will take part in the Space Stage in 2025

    August 20, 2025

    YC backed garage raises $13.5 million to help firefighters buy equipment

    August 20, 2025

    y combinator alum sre.ai raises $7.2 million for devops ai agent

    August 20, 2025

    Discover how developer tools are shifting rapidly in Disrupt2025

    August 19, 2025

    Databricks CEO says a fresh billion dollar will help him attack the new AI database market

    August 19, 2025
TechBrunchTechBrunch

Mitsubishi Motors supports Ample's radical approach to EV battery charging

TechBrunchBy TechBrunchNovember 19, 20243 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
Share
Facebook Twitter LinkedIn Pinterest Telegram Email


Startup Ample is on a mission to transform commercial fleets into believers in the power of electric vehicle battery swapping technology.

For the past three years, the company has been piloting electric vehicle battery swapping technology in San Francisco, Madrid and Japan. Ample is currently preparing to convert some of these pilot customers into commercial contracts in 2025.

And supporting Ample's growth is new $25 million in funding from new investor Mitsubishi Corporation.

Compared to Ample's previous investments, this increase seems modest. In 2021, a year of free-flowing money, Ample successfully raised a total of $190 million in two rounds. Ample co-founder and president John de Sousa told TechCrunch that this is the first close in what is expected to be a $75 million round.

Ample provides replaceable battery packs and automatic battery swap stations for commercial fleets. De Souza said the new funding will help the startup expand from dozens of exchange stations and hundreds of Ample-equipped vehicles on the road to hundreds of stations and thousands of vehicles next year. Said it would be helpful.

Perhaps just as important as the cash is Ampoule's partnership with Mitsubishi Corporation. Not to be confused with Mitsubishi. Mitsubishi Corporation has ownership interests in commercial vehicles that are interested in electrification, including Lawson, a popular Japanese convenience store. De Souza said the conglomerate also has a clean energy division that could help Ampoule use renewable energy at its exchange stations.

Ample's first pilot-turned-customer will be Free2Move, a car-sharing service owned by automaker Stellantis. Free2Move operates an all-electric Fiat 500 in Madrid equipped with Ample's battery swapping technology. De Sousa expects Ampoule's presence in Madrid to soon expand into the ride-sharing and last-mile delivery markets. This could be similar to Ample's previous partnership with Drive Sally, which provided Kia Niros with swappable batteries to Uber drivers in San Francisco.

Ample plans to announce commercial customers in Japan in the coming weeks, including those from the Kyoto pilot, the company said. Earlier this year, Ample installed its first battery swapping station in the city as part of a partnership with Japanese energy company ENEOS. Several fleet partners use the station, including MK Taxi, Kyoto City, Kyoto Prefecture, and Nippon Life Insurance Company.

San Francisco-based Ampoule is prioritizing initial commercial expansion in Europe and Japan given the uncertainty surrounding the incoming Trump administration's U.S. EV law, De Souza said.

However, de Sousa believes that if subsidies remain in place, it could be commercialized in the United States.

“We need to understand the impact of having Chinese-made batteries in the United States. [automakers] We need to quickly switch them to places that have free trade agreements with the U.S.,” De Souza said, adding that Ampoule's modular batteries are made with cylindrical batteries made in South Korea and assembled in a California facility. He pointed out that The startup's pitch to OEMs is that they can easily put batteries into EVs on the factory floor without disrupting production lines.

“We'll see what the actual law is and then we'll understand how to work with OEMs to navigate the process and make sure they're compliant,” De Souza said. spoke.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

7 days left: Founders and VCs save over $300 on all stage passes

March 24, 2025

AI chip startup Furiosaai reportedly rejecting $800 million acquisition offer from Meta

March 24, 2025

20 Hottest Open Source Startups of 2024

March 22, 2025

Andrill may build a weapons factory in the UK

March 21, 2025

Startup Weekly: Wiz bets paid off at M&A Rich Week

March 21, 2025

Wayve CEO shares his key elements for scaling autonomous driving technology

March 21, 2025

Leave A Reply Cancel Reply

Top Reviews
Editors Picks

7 days left: Founders and VCs save over $300 on all stage passes

March 24, 2025

AI chip startup Furiosaai reportedly rejecting $800 million acquisition offer from Meta

March 24, 2025

20 Hottest Open Source Startups of 2024

March 22, 2025

Andrill may build a weapons factory in the UK

March 21, 2025
About Us
About Us

Welcome to Tech Brunch, your go-to destination for cutting-edge insights, news, and analysis in the fields of Artificial Intelligence (AI), Cryptocurrency, Technology, and Startups. At Tech Brunch, we are passionate about exploring the latest trends, innovations, and developments shaping the future of these dynamic industries.

Our Picks

Explain why hackers who exposed the North Korean government did that

August 21, 2025

Even Rogers and Max Haot will take part in the Space Stage in 2025

August 20, 2025

Device searches at US borders hit record-breaking records, new data show

August 20, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

© 2025 TechBrunch. Designed by TechBrunch.
  • Home
  • About Tech Brunch
  • Advertise with Tech Brunch
  • Contact us
  • DMCA Notice
  • Privacy Policy
  • Terms of Use

Type above and press Enter to search. Press Esc to cancel.