Goodyear Ventures invests in EV charging and software firm AmpUp

Industry:    2021-08-19

Goodyear announced that its venture capital arm, Goodyear Ventures, has added AmpUp, a leader in electric vehicle (EV) charging, to its investment portfolio.

AmpUp supports the EV driving community through its advanced charging network and software solutions, Goodyear said in a release. With operations across North America, AmpUp aims to make charging accessible and seamless for every EV driver, the company added.

“Goodyear is interested in enabling the future of mobility, including within the EV sector,” Abhijit Ganguly, managing director, Goodyear Ventures, said. “AmpUp will provide us with valuable insights on the latest electrification trends and bring their solutions to our fleet customers who are considering electrification,” he added.

“AmpUp is thrilled to partner with Goodyear, whose commitment to innovation and electric mobility will be crucial to wide-scale adoption of EVs,” Thomas Sun, CEO and co-founder of AmpUp, said. “As a company focused on providing seamless charging solutions, AmpUp can’t wait to explore solutions with the Goodyear team nationwide,” he added.

With headquarters in Cupertino, CA, AmpUp operates in all 50 US states as well as Canada, Mexico, and Puerto Rico. AmpUp’s network and software solutions have been deployed for customers across North America requiring installation and management of multiple electric vehicle chargers, such as JLL, CBRE, Cushman & Wakefield, Hilton Garden Inn, and Holiday Inn.

Goodyear Ventures fuels the future of mobility by partnering and investing in seed-to-growth-stage startups in emerging mobility technology, including EV mobility and infrastructure.

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