Ford Buys Electriphi

Ford Motor Company (NYSE: F) is acquiring Electriphi, a California-based provider of charging management and fleet monitoring software for electric vehicles.

The amount of the deal – expected to close this month – was not disclosed.

Electriphi acquisition will accelerate electric vehicle fleet adoption by offering commercial customers depot charging management together with vehicles like F-150 Lightning Pro and E-Transit van. Ford will start shipping E-Transit to customers later this year; F-150 Lightning Pro will be available in spring 2022.

Electriphi’s team of more than 30 employees and services will be integrated into Ford Pro –a new global business within Ford committed to commercial customer productivity and to developing the most advanced charging and energy management experiences.

Led by CEO and co-founder Muffi Ghadiali, Electriphi has developed and deployed a purpose-built electric vehicle fleet and charging management platform that simplifies fleet electrification, saves energy costs, and tracks key operational metrics like real-time status of vehicles, chargers and maintenance services. Electriphi’s charging platform will complete the purpose-built, charging ecosystem services for commercial customers, including employee home charging, public charging and e-telematics solutions. Customers in North America can sign up for Electriphi charge management services now at electriphi.ai. Ford Pro plans on making these services available in Europe at a later date.

FinSMEs

17/06/2021