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Mitsubishi Backs Battery-Swapping Company Ample With $25M

2024-11-27 13:47

Wedoany.com Report-Nov 27,Battery-swapping company Ample has secured a $25-million investment from Mitsubishi Corporation. Mitsubishi’s support will help Ample scale its battery-swapping infrastructure worldwide, giving drivers everywhere access to efficient, reliable energy.

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.

Since its last funding round, Ample has made significant progress in expanding its battery-swapping infrastructure. The company has kicked off operations in Japan, signing key partnerships to accelerate the deployment of swapping services.

Additionally, Ample has formed partnerships with major OEMs such as Stellantis and Mitsubishi Fuso Truck and Bus Corporation, part of Daimler Truck, to integrate its battery-swapping technology with a wide range of EV models, ensuring versatility and accessibility.

Asia Japan Power Engineering

Japan Mitsubishi / Ample / Battery

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