Holman invests in EV management software provider AmpUp

The venture capital division of global automotive services firm Holman has made an investment in AmpUp, a provider of EV management software.

New Jersey-based Holman delivers a range of automotive services, including fleet management and leasing, vehicle fabrication and upfitting, component manufacturing, and insurance.

AmpUp’s technology is designed to allow fleet operators to monitor and manage their EV charging infrastructure to simplify charging schedules and optimize energy consumption.

The companies plan to leverage Holman’s fleet management services and AmpUp’s technology platform to aggregate charging information with vehicle operating data, “reducing the risk of data fragmentation and mitigating fraud, while also eliminating potential blind spots as fleet operators navigate the transition to EVs.”

“As a growing number of organizations embrace EVs and the associated infrastructure becomes increasingly robust, enhanced visibility to charging data will be vital to effectively managing EV chargers and optimizing charging strategies at scale,” said Holman Director of Sustainability Emily Graham. “As we continue to explore potential electrification opportunities with our customers, aligning with technology leaders such as AmpUp allows us to integrate at-home and public charging information with the full range of vehicle operating data we already capture, further streamlining the transition to EVs for fleet operators and delivering the insight necessary to make fully-informed strategic decisions.”

Source: Holman

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