Oil Giant Shell Leads Investment in Startup with ‘Electric Cars for Everyone’ Goal
August 6th, 2018Via: Electrek:
Shell, the major British–Dutch multinational oil and gas company, has been leading several efforts having to do electric cars as it sees the auto industry transition to electric propulsion affecting its business.
Now the oil giant Shell is leading an investment in a startup with the goal to make ‘Electric Cars for Everyone’ with a new charging technology.
Shell’s VC arm Shell Ventures confirmed that it is leading a $31 million Series A round of financing in Ample, which describes itself as “a technology company focused on solving the energy delivery challenge for electric cars.”
