Electric Vehicle Battery Replacement Startup Raises an Additional $ 160 Million

EV battery swap start-up Ample, which exited stealth mode in March, announced a $ 160 funding increase for the C-Series. The modular battery swap technology Ample can work with any EV design regardless of size because it works like a drop. -in replacement of the vehicle's original battery module. Extensive battery exchange technology includes a kit added to production vehicles that allow the battery to be removed in less than 10 minutes. It works with popular vehicles including the Nissan Leaf, Chevy Bolt EV, and Kia Niro. Ample claims that its modular battery swap technology can work with any electric vehicle design, regardless of size, as it replaces the vehicle's original battery module. The empty battery modules are then placed on a storage rack where they are recharged and ready for the installation of the next vehicle