Ford acquires Electriphi as it prepares to woo EV fleet customers –
Summary
Now, the automaker is rounding out its future EV commercial business with the acquisition of battery management and fleet monitoring software startup Electriphi. Ford is betting that the software developed by the three-year-old San Francisco startup will help it capture more than $1 billion in revenue just from charging by 2030. “As commercial customers add electric vehicles to their fleets, they want depot charging options to make sure they’re powered up and ready to go to work every day,” said Ford Pro CEO Ted Cannis. “With Electriphi’s existing advanced technology IP in the Ford Pro electric vehicles and services portfolio, we will enhance the experience for commercial customers and be a single-source solution for fleet-depot charging.” Electriphi launched in 2018 when it became obvious that upcoming state and federal mandates would drive heavy duty vehicles and mid-sized commercial fleets towards electrification, co-founder and CEO Muffi Ghadiali told TechCrunch in a recent interview. “The stakes are incredibly high and time is running out.” He noted fleet operators are nervous about that upcoming mandates that will require moving to zero-emissions vehicles by the end of the decade.