Ford is sending mixed signals lately. The other day we wrote about how Ford is “pausing” their investments in EV against slowing consumer demand for electric vehicles. Then news today that Ford has purchased a startup called “Auto Motive Power, or “AMP” for short, to bolster its charging, battery management and power conversion tech.”
This was a small acquisition, with AMP only having raised $26.5 million and had about 149 employees, but it was the tech Ford was after.