Ample Secures $25M Investment from Mitsubishi to Expand EV Battery-Swapping

Ample, an innovator in battery-swapping technology for electric vehicles (EVs), announced a significant $25 million investment from Mitsubishi Corporation. This strategic collaboration aims to accelerate Ample’s mission to expand its battery-swapping infrastructure and make electric vehicle adoption more accessible and sustainable worldwide.

The investment goes beyond financial backing. Mitsubishi Corporation offers mobility, renewable energy, storage, battery reuse and recycling expertise. These combined efforts will help speed up the development and deployment of Ample’s sustainable energy solutions.