CUPERTINO, CA, September 21, 2021 — Electric vehicle charging provider AmpUp has secured additional capital from leading cleantech investment firm Powerhouse Ventures. Powerhouse joins Goodyear ($GT), TechNexus, Foothill Ventures, and other firms in...
Fleet Leader Holman Invests In AmpUp
CUPERTINO, CA – Holman, a global automotive services organization, today announced an investment from its venture capital division in AmpUp, a leading electric vehicle (EV) management software company. AmpUp’s innovative technology allows organizations and fleet operators to efficiently monitor and manage their EV charging infrastructure to simplify charging schedules and optimize energy consumption.
In addition to the strategic capital investment, this collaborative effort is poised to leverage Holman’s industry-leading fleet management services and AmpUp’s technology platform to aggregate charging information with vehicle operating data, reducing the risk of data fragmentation and mitigating fraud while also eliminating potential blind spots as fleet operators successfully navigate the transition to EVs.
“As a growing number of organizations embrace EVs and the associated infrastructure becomes increasingly robust, enhanced visibility to charging data will be vital to effectively managing EV chargers and optimizing charging strategies at scale,” said Emily Graham, Director of Sustainability, Holman. “As we continue to explore potential electrification opportunities with our customers, aligning with technology leaders such as AmpUp allows us to integrate at-home and public charging information with the full range of vehicle operating data we already capture, further streamlining the transition to EVs for fleet operators and delivering the insight necessary to make fully-informed strategic decisions.”
AmpUp’s proprietary software solution helps to simplify electric vehicle adoption by improving the EV charging experience for organizations and their drivers. The technology makes EV charge scheduling easier and more convenient while also providing better infrastructure control and delivering increased visibility to key charging metrics.
“Holman’s automotive expertise and legacy in the industry is second to none and we’re extremely proud of the investment they’re making in our company as we continue on our mission to electrify transportation,” said Thomas Sun, CEO, AmpUp. “As more businesses transition their fleets to electric vehicles, we believe our intuitive technology will help organizations quickly scale smart charging solutions and make implementing electrification programs as seamless as possible for fleet operators.”
AmpUp’s product suite is poised to accelerate the transition to EVs for a number of fleet operators and Holman looks forward to being part of the company’s continued growth. For additional information, please visit Holman.com or AmpUp.io.
The full press release can be found here.
Holman is a global automotive leader that serves both commercial and consumer clients The Holman Way by always doing the right thing for our people, our customers, and the community since 1924. The Holman story began nearly a century ago as a single Ford dealership in New Jersey. Today, Holman, headquartered in Mount Laurel, New Jersey, is one of the largest family-owned automotive service organizations in North America with more than 6,500 employees across North America, the UK, and Germany.
Holman delivers a unique range of automotive-centric services including industry-leading fleet management and leasing; vehicle fabrication and upfitting; component manufacturing and productivity solutions; powertrain distribution and logistics services; commercial and personal insurance and risk management; and retail automotive sales as one of the largest privately owned dealership groups in the United States. Guided by its deeply rooted core values and principles, Holman is continuously Driving What’s Right. For additional information, please visit Holman.com and connect with Holman on Facebook, Instagram, and LinkedIn.
AmpUp is the leading electric vehicle (EV) charging operating system that enables drivers, hosts, and fleets to charge stress-free. Our technology makes it easy for businesses and property owners to manage multiple charge stations and locations in one platform. We enable our customers to achieve their electrification goals faster and easier than they imagined possible. With headquarters in Cupertino, CA,AmpUp’s network and software solutions have been deployed for customers across North America and Europe. Key customers include JLL, CBRE, Cushman & Wakefield, Citizens Bank, Hilton Garden Inn, and Holiday Inn.