Ford Motor Co. said on Thursday it would acquire Electriphi, which provides software for Cargo Management and Fleet control for electric vehicles, with the goal of electrifying 40% of its cars by 2030.
The California-based Electriphi platform helps provide real-time monitoring of vehicles, chargers and maintenance services, as well as providing fleet electrification.
1496 cc | Gasolina | Manual
11.57.771 ₹*From now on
1996 cc | Diesel | Automatic
35.68.953*From now on
1194 cc | Gasolina | Manual
8.25.252 ₹*From now on
The Michigan-based company Dearborn did not disclose the terms of the deal, which is expected to close this month and will allow Ford to offer charging solutions to customers moving from fossil fuels to electric batteries.
Electriphi’s Charge Management platform will be part of the Ford Pro, a new autonomous automotive unit that will focus solely on commercial and government customers.
“By adding advanced technology and services to Electriphi’s Ford Pro electric vehicles, we can improve the customer experience and become a single-source solution to the challenges of charging the Fleet warehouse,” said Ford Pro CEO Ted Cannis.
Morgan Stanley & Co. LLC is a financial advisor to Ford.