From TechCrunch
By Harri Weber
November 1, 2023
Ford is buying and burying Auto Motive Power, or “AMP” for short, to bolster its charging, battery management and power conversion tech. The secretive energy startup once claimed to power “most of the world’s top electric OEMs,” though as far as we can tell it never disclosed its customers publicly. Following the deal, Los Angeles-based […]
© 2023 TechCrunch. All rights reserved. For personal use only.
Focused Energy buys two of the world’s most powerful lasers for its fusion quest
Fusion power startup Focused Energy has signed a deal to buy two of the world’s most powerful lasers, the company exclusively told TechCrunch. The massive lasers will be installed in the startup’s future facility, which it is building in the San Francisco Bay Area over the next two years. “These are some of the highest-average-power lasers in private company hands,” Focused Energy CEO Scott Mercer told TechCrunch. The lasers, capable of delivering over a kilojoule of energy to a target, cost ne
Dec 17, 2024
Public EV startup with an indicted CEO is looking to raise an additional $100 million
It’s tempting to think the trend of EV startups merging with special purpose acquisition companies (SPACs) to go public has ended, seeing how many of them are struggling or defunct. But that’s not quite true. A startup called Thunder Power Holdings went public on the Nasdaq exchange in June through a SPAC, and is now trying to raise up to $100 million more through a share sale deal. All this is happening even as the CEO of the company, Wellen Sham, has been indicted by the Taiwanese government
Sep 6, 2024
Guided Energy helps EV fleet managers optimize battery charging
Imagine you work for a car rental agency or a package delivery company andnyou’re in charge of a fleet of vehicles. If you’re switching to EV vehicles, itnbecomes more complex to manage your vehicles due to long charging time andnlimited charging point availabilities. Guided Energy, a French startup thatnraised $5.2 million […]
Feb 6, 2024
Mitsubishi backs Ample’s radical approach to charging EV batteries
Startup Ample is on a mission to convert commercial fleets into believers in the power of electric vehicle battery swapping technology. The company has spent the last three years piloting its electric vehicle battery swapping technology in San Francisco, Madrid, and Japan. Now, Ample is preparing to turn some of those pilot customers into commercial contracts in 2025. And to help Ample along is a fresh $25 million in funding from new investor Mitsubishi Corporation. The raise seems modest in
Nov 19, 2024