Ford acquires electric vehicle charging firm Electriphi

Ford has announced the acquisition of Electriphi, a provider of charging management and fleet monitoring software for electric vehicles.

Electriphi’s team and services will be integrated into Ford Pro – a new global business within Ford committed to commercial customer productivity and to developing the most advanced charging and energy management experiences.

Ford Pro CEO, Ted Cannis, commented: “As commercial customers add electric vehicles to their fleets, they are looking for depot charging options to make sure they’re powered up and ready to go to work every day.

“By adding Electriphi’s existing advanced technology IP to the Ford Pro electric vehicles and services offering, we can enhance the commercial customer experience and become a single-source solution for fleet depot charging challenges.”

Ford Pro estimates that the depot charging industry will grow to over 600,000 full-size trucks and vans by 2030 and it says this acquisition supports the company’s target to capture over $1 billion of revenue from charging by 2030.

Electriphi CEO and co-founder Muffi Ghadiali added: “Customers have been clear – electrification of their fleets is inevitable, with significant economic and sustainability benefits. They now need solutions that enable a seamless transition to electric vehicles.

“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.”

California-based Electriphi has developed and deployed a purpose-built electric vehicle fleet and charging management platform that simplifies fleet electrification, saves energy costs, and tracks key operational metrics like real-time status of vehicles, chargers and maintenance services.

Ted Cannis added: “FordPro is focused on helping commercial customers work better and smarter, with greater productivity and connectivity backed by trusted durability. Bringing Electriphi on board is the last component to complete Ford Pro’s strategy to establish a commanding leadership position in the software space and build out our full-service stack to create an always-on relationship with the commercial customer.”