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A Battery Startup Raised $330 Million on the Promise of Charging EVs in 5 Minutes—It Just Filed for Bankruptcy
Ample filed for bankruptcy protection amid broader EV industry turmoil, but it isn’t the first battery swapping startup to fail.
BY CHLOE AIELLO, REPORTER @CHLOBO_ILO
An Ample battery module swap station. Illustration: Courtesy Company
A fast charging EV startup is filing for bankruptcy protection amid broader disruption across the electric vehicle industry. San Francisco-based Ample filed for Chapter 11 bankruptcy this week, citing a “deteriorating commercial and capital environment,” regulatory delays, and liquidity challenges, according to a........© Inc.com
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