14 May AMP Recognized Among Most Promising Sustainability Startups
Hundreds of sustainability startups are developing alternative fuel types, reimagining the EV charging infrastructure, creating a new energy supply chain, and devising new methods of battery-material mining and recycling. AMP is developing an innovative battery management system (BMS) that provides insight into the battery state of charge and overall battery health, along with data that can enable vehicle-to-grid and vehicle-to-home bi-directional smart charging capabilities.
The startup is led by CEO Anil Paryani – a Tesla veteran from who previously led Tesla’s BMS development. The AMP team is comprised of top talent from Rivian, General Motors, Daimler, and Medtronic. Michael Kearney, partner at the venture firm The Engine, said: “AMP’s proprietary hardware systems are smaller and lighter than today’s industry standard, which directly enables lower build costs per vehicle.”
Automobility Ltd is proud that its EXCELerate portfolio company Auto Motive Power has been recognized as one of the most promising sustainability startups by the world’s leading venture capital firms.