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Moment Energy raises $40M to meet ‘infinite demand for power’ with EV batteries

CN
CitrixNews Staff
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Moment Energy raises $40M to meet ‘infinite demand for power’ with EV batteries

Moment Energy CEO Edward Chiang believes demand for power in North America is infinite — and that his startup has the solution.

The company, which has headquarters in Canada and the United States, takes a novel approach to repurposing electric vehicle batteries, Chiang told TechCrunch. The company’s approach is special, he said, because of its dual focus on safety and modularity.

Originally reported by TechCrunch. Read the full story at the original source.