New Delhi
Goodyear
Ventures, the venture capital arm of Goodyear, has invested in AmpUp, a leader
in electric vehicle (EV) charging, and added it to its investment portfolio.
Goodyear said in
a release mentioned that AmpUp is headquartered in Cupertino, CA and has
operations across North America in all the 50 US states, Mexico, Canada and
Puerto Rico. It supports people who drive EVs via its advanced charging network
and software solutions. The AmpUp chargers have been installed in places like
JLL, CBRE, Cushman & Wakefield, Hilton Garden Inn, and Holiday Inn. AmpUp
also has an aim to make charging accessible and seamless for every EV driver.
Abhijit Ganguly,
Managing Director, Goodyear Ventures, mentioned that Goodyear has a keen
interest to enable the future of mobility, including the EV sector. Through
this investment, AmpUp will provide valuable insights on the latest
electrification trends and further give their solutions to Goodyear’s fleet
customers who are considering electrification.
Thomas Sun, CEO
and Co-founder, AmpUp, expressed his excitement about partnering with Goodyear and mentioned that they will be
exploring innovative solutions for the Indian market.
Goodyear
Ventures partners and invests in seed-to-growth-stage start-ups in the field of
emerging mobility technology like EV mobility and infrastructure to fuel the
future of mobility.
Source – ET Auto
Image Source: AmpUp Website
Also Read:
https://www.automotiveproductsfinder.com/news/goodyear-india-s-income-up-131--in-q1-2021-22/134932
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