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Modular battery swapping for electric vehicles
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San Bruno, CA, USA
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Ample provides a modular battery swapping service for electric vehicles (EVs), allowing users to fully charge their vehicles in under five minutes. This method is much faster than traditional charging options. The company focuses on cost-effective energy solutions, with charging stations that are significantly cheaper to build and install compared to conventional fast-charging stations, resulting in lower energy costs for EV owners. Ample's technology is compatible with any EV, meaning it can serve a wide range of vehicles without requiring manufacturers to make changes. Their lightweight stations can be quickly deployed in urban areas, allowing for rapid scaling to meet demand. Additionally, Ample emphasizes sustainability by utilizing renewable energy sources like wind and solar to power their charging stations. As battery technology evolves, Ample's modular batteries will also improve, ensuring that all users benefit from advancements in battery performance.
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$307.1M
Headquarters
San Francisco, California
Founded
2014
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Ample, a leading provider of battery swapping technology for electric vehicles, today announced a $25 million investment from Mitsubishi Corporation.
And to help Ample along is a fresh $25 million in funding from new investor Mitsubishi Corporation.
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.
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google NewsElectric vehicles have been winning over fleet managers, but working around the downtime for battery charging can be a stumbling block for fleets on a tight schedule. Fast-charging batteries are one solution. EV battery swapping is emerging as another option, once stakeholders can solve the age old problem of matching swapping-equipped vehicle with a swapping station network.EV Battery Swapping For Less DowntimeEV battery swapping has not caught on here in the US — at least, not yet. However, it is rapidly gaining traction elsewhere, one hotspot being China.In the latest development in that area, earlier today the Chinese startup U Power reported a quick follow-on order for its new EV battery swapping stations. Introduced earlier this year, the stations raise the bar on driver convenience by deploying free-standing, guided robotic vehicles to do the swapping.U Power credits its robotic vehicles with a swapping time of just 2-3 minutes.Other automotive stakeholders companies in China have a headstart on the EV battery swapping business, the leading example being NIO with a similar swapping time claim of 3 minutes
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google NewsThe EV battery swapping movement is gathering steam, now that the focus market for swappable batteries is coming into, well, focus. Initial versions of the technology were intended to encourage people to buy electric cars, with the promise of spending less time recharging and more time driving. That was a tough sell, but the market for two-wheeled EV battery swapping has been exploding as both the simplicity and the convenience factors kick in.Teaching New Tricks To Old EV Battery SwappingThe idea of swapping out a whole EV battery is nothing new in the logistics industry, where battery swapping has been a common feature of battery-powered forklifts and other equipment going back to the days of lead-acid technology. Taking up valuable time to recharge a battery while it’s in the vehicle is not a good fit for warehouse operations, where practically every second counts.Pitching the EV battery swap to car drivers has been a much tougher row to hoe. However, battery swapping among the scooter-driving public seems to be another kettle of fish entirely