Ford has two electric vehicles in the pipeline. E-Transit cargo van and F-150 Lighting Pro aimed at commercial customers. To fuel this, the automaker is rounding out its future EV commercial business with the acquisition of battery management and fleet monitoring software startup Electriphi.ai.
Ford is betting that the software developed by the three-year-old San Francisco startup will help it capture more than $1 billion in revenue just from charging by 2030. Electriphi, along with its 30-person team, will be folded into the newly minted Ford Pro business unit, which is focused on providing services to commercial customers of its electric Transit van and F-150 Lightning Pro pickup truck. And the automaker will start shipping E-Transit to customers later this year and the F-150 Lightning Pro, the commercial variant of the all-electric Lightning pickup truck, is expected to come to market in spring 2022.