Content |
Owners
American startup Electriphi, founded in 2018, is developing battery management systems for electric vehicles software and for monitoring fleets.
History
2021: Ford bought Electriphi
In mid-June 2021, Ford bought electric vehicle fleet management software developer Electriphi. The financial terms of the transaction are not disclosed.
Ford relies on software developed by a San Francisco startup to generate more than $1 billion in revenue by 2030 only on technologies to charge electric vehicles.
Electriphi, along with its team of 30 people, will join the Ford Pro business unit created by the company, which is focused on providing services to commercial customers of the E-Transit electric van and the F-150 Lightning Pro pickup truck. Ford will begin delivery of E-Transit to customers at the end of 2021. The F-150 Lightning Pro, a commercial version of the Lightning fully electric pickup truck, is expected to enter the market in the spring of 2022. Ford Pro said that by 2025 they expect to receive revenue from equipment and related services in the amount of $45 billion, compared with $27 billion in 2019.
 | As commercial customers add electric vehicles to their fleet, they want to be able to recharge to be ready for daily work, "said Ford Pro CEO Ted Cannis. - With the existing advanced technology intellectual property of Electriphi in the Ford Pro portfolio of electric vehicles and services, we will improve the experience for commercial customers and offer fleets a single solution for charging electric vehicles. |  |
Ford first began collaborating with Electriphi in early 2021. Before the deal with the automaker, the startup raised $4.2 million with an estimate of about $11 million. Although Ford is focused on developing software for its E-Transit and Lightning Pro, it is possible that the company will also continue to serve Electriphi's customer base.
According to Electriphi co-founder and CEO Muffi Gadiali, there will be a huge transformation in mobility for energy and software in the next ten years.[1]
Notes
| The site content is translated by machine translation software powered by PROMT. The machine-translated articles are not always perfect and may contain errors in vocabulary, syntax or grammar. Read original article If you find inaccuracies or errors in the results of machine translation, please write to editor@tadviser.ru. We will make every effort to correct them as soon as possible. |