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Ample

Battery swapping for electric cars

Ample logo
101-200 employees
  • B2C
  • Retail
  • B2B
  • Enterprise
  • Sustainability
  • Cars
  • Electric Vehicles
Design District, San Francisco, CA

Company mission

To accelerate the transition to electric mobility by offering an energy delivery solution that is as fast, as convenient, and as cheap as gas while being powered by 100% renewable energy.

29% employee growth in 12 months

Our take

The number of electric vehicles on North American and European roads has skyrocketed in recent years. One of the major hurdles to their widespread adoption however is the inconvenience of maintaining a full battery pack compared to filling up gas-guzzling cars.

Ample’s solution is relatively straightforward: instead of an EV pulling up to a charging station to get more power, the company proposes outfitting vehicles with Ample’s modular battery packs, which can be swapped out at dedicated stations.

The company is focused on partnerships with electrified fleet operators. For these companies, recharging time is lost money. That’s perhaps how Ample has already secured impressive partnerships in Europe with Uber and Sally.

It’s not clear that a replacement will win over recharging for electric car batteries in all contexts. However, it is a fair bet to make that in at least a sizeable number of cases, Ample’s technology will be sought after by many mobility providers.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Funding (last 2 of 6 rounds)

Nov 2024

$25m

LATE VC

Feb 2023

$15m

GRANT

Total funding: $315.7m

Leadership

John de Souza

(President)

Previously founded MedTech startup, MedHelp, of which they were President and CEO. Before that, they were a VP at Goldman Sachs.

Jobs (3)

All locations

Finance, Legal & Compliance