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Revolutionizing Electric Vehicle Fleet Charging with AmpUp and Curo

In a bold move to accelerate the electrification of fleet vehicles, AmpUp has forged a strategic partnership with Curo, a trailblazer in the world of electric vehicle (EV) charging solutions. This collaboration aims to integrate AmpUp’s extensive and dependable charging network with Curo’s innovative Virtual Depot platform. This synergy will provide fleet operators unprecedented access to charging solutions by allowing them to lease existing charging infrastructure during off-peak hours.

The partnership comes at a time when the adoption of electric vehicles faces significant hurdles, primarily due to the high costs associated with developing dedicated charging infrastructure, as well as the challenges of placing multiple fleets across various locations. The collaboration seeks to address these difficulties by enabling charging station owners to generate income from their dormant charging capacities, while fleets enjoy affordable and reliable access to much-needed charging services. This eliminates the financial burden of investing in expensive infrastructure, creating a more sustainable ecosystem for electric vehicle deployment.

Tom Sun, co-founder and CEO of AmpUp, expressed the transformative potential of this partnership, stating, "The complexities of EV charging infrastructure have long been a barrier to widespread fleet electrification. Our collaboration with Curo significantly reduces upfront investment, maximizes infrastructure efficiency, and provides our site hosts with new revenue streams while giving fleet operators dedicated access to reliable charging."

The integration of EV charging networks with shared fleet operators offers a triplet of advantages: benefits for site hosts, fleet operators, and drivers alike. Site hosts can unlock new revenue opportunities by leveraging their charging infrastructure, transforming underutilized spaces into profit-generating assets, whether during the night or around the clock. As demand for charging services surges, sites can benefit financially without disrupting their core activities.

On the fleet operator side, the cost-effectiveness of turning to existing charging networks rather than investing in proprietary installations cannot be understated. This aligns with the need to simplify operations, enabling fleet operators to focus on expanding their electric vehicle fleets without the hassle of negotiating charger installations on leased properties. This multifaceted approach streamlines operations and boosts EV adoption rates, turning challenges into opportunities.

And what about the fleet drivers themselves? They are likely to benefit significantly, enjoying all of the well-recognized perks that electric vehicles provide—lower emissions, a quieter driving experience, and improved acceleration. Dedicated overnight charging means drivers can forget about range anxiety, ensuring that their vehicles are always primed for use, thanks to reliable charging solutions situated between their homes and workplaces.

Kieran White, co-founder and CEO of Curo, highlighted his confidence in the partnership: "We chose AmpUp for their proven track record of delivering industry-leading reliability and comprehensive end-to-end support. Our goal is to enable a scalable leasing charging network for distributed fleets. This partnership is a crucial step toward making that vision seamless and scalable."

About the Companies

AmpUp has positioned itself as a leader in breaking barriers to widespread electric vehicle utilization. Since its inception in 2018, AmpUp has developed over 1,500 charging networks across 75 markets in North America. Their collaborations with industry giants like JLL, CBRE, and Hilton demonstrate their commitment to advancing sustainable transit solutions.

Curo, on the other hand, provides a unique offering with its Virtual Depot model that allows fleets to utilize charged spaces without any upfront costs. Through its advanced platform, Curo is dedicated to elevating revenue for EV charger owners by renting out underutilized charging stations during peak demand periods, thereby facilitating immediate and scalable fleet electrification.

As AmpUp and Curo set out on this groundbreaking path together, the EV industry watches eagerly to see how their innovative approach to charging solutions will reshape fleet operations across North America.