As part of its commitment to commercial customer productivity and develop advanced charging and energy management experiences, Ford is acquiring Electriphi, a California-based provider of charging management and fleet monitoring software for electric vehicles.
The acquisition is expected to close this month.
Accordingly, Electriphi’s team and services will be integrated into Ford Pro – a new global business within Ford.
According to Ford Pro, the depot charging industry is estimated to grow to over 600,000 full-size trucks and vans by 2030. This acquisition supports Pro’s target to capture over $1 billion of revenue from charging by 2030.
The acquisition comes as the automaker prepares to launch all-electric versions of two of the world’s most popular, high-volume commercial vehicles – the Transit van and F-150 pickup. Ford will start shipping E-Transit to customers later this year; F-150 Lightning Pro will be available in spring 2022.
Though more commercial vehicle customers are considering all-electric vehicles, charging management remains an impediment to mass adoption. Ford Pro plans on leveraging its expertise in the commercial vehicle market, its vehicle offerings and Electriphi’s technology to help customers with this transition.
Ted Cannis, CEO, Ford Pro, said, “With Electriphi’s existing advanced technology IP in the Ford Pro electric vehicles and services portfolio, we will enhance the experience for commercial customers and be a single-source solution for fleet-depot charging.”
Muffi Ghadiali, CEO and Co-founder, Electriphi, said, “Our synergies with Ford Pro will supercharge this transition. We’ll delight customers by helping them reap the benefits of electrification, so they can focus on what matters most – running their businesses effectively.”