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🚀 AmpUp: Easy EV Charging
Creating solutions for EV chargers
With the rise of electric cars also comes charging. Today’s startup AmpUp makes EV charging simple.
⚾ The Elevator Pitch
Consumer demand for electric vehicles (EV) has significantly risen over the past few years. Electric car sales in the US increased from a mere 0.2 percent of total car sales in 2011 to 4.6 percent in 2021 and it is only growing. But with all these cars, also comes the need for efficient EV charging.
AmpUp creates EV charging operating systems to enable drivers, station owners, and fleets to charge stress-free. AmpUp has a convenient app for drivers to allow them to discover nearest stations and optimize charging at cheaper price points. For station owners and fleets, AmpUp provides crucial insight and solutions to drive up revenue and optimize charging times.
👇 The Drop Down
💻 Site: https://ampup.io/
🌱 Founded: 2018
📈 Trend: EVs, Climate
🦶Traction: Backed by Goodyear, Foothill Ventures, YC, Hyundai; software solutions have been deployed for Hilton Garden Inn, JLL, Holiday Inn
Team: Thomas Sun (CEO)
🔍 Why we like it
⚡ More electric cars = More demand for charging
It’s simple. More electric cars means higher demand for charging stations, whether in your home or around your community at schools, libraries, and hotels. These charging systems are complex to set up so making the charging process simple for both drivers and the station owners will be a necessity as more and more drivers turn to EVs. The demand for EVs will only grow and AmpUp is tackling a market before it explodes.
🚚 Optimized charging compounds over fleets
As more businesses turn to electric, fleets of electric vehicles are becoming more common as well. We have already seen Tesla release Tesla Semis take form as transportation solutions. Taxi and rideshare services have likewise looked towards electric fleets. For companies that manage large numbers of EVs, optimizing charging times and costs is of utmost importance.
🏗️ Large infrastructure investments in electric
All 50 states across the US are currently investing large amounts of money in electric infrastructure. The NEVI program and initial investments will electrify over 75,000 miles of the national highway system. Massachusetts alone has approved a $400 million plan to install tens of thousands of electric vehicle chargers across the state. You get the idea. We are headed for an EV future.