Factbox: Corporate investments in EV startups

Business

(Reuters) – Corporations across a variety of industries – auto, energy, electronics, aerospace, telecom – have invested in startup companies engaged in various aspects of automotive electrification, including batteries, charging devices and complete vehicles.

FILE PHOTO: An electric car is seen while being charged during the opening of a PTT Pcl energy firm’s commercial EV (Electric Vehicle) charging station, in Bangkok, Thailand, August 15, 2016. REUTERS/Jorge Silva

Here is a short list of prominent non-automotive corporate investors and the electrification startups they have funded:

Intel Corp (technology): Prieto, Qnovo, Enovix, Chargifi, WiTricity

Qualcomm Inc (technology): Amionx, Enovix

BP PLC (energy): StoreDot, FreeWire, StoreDot

Royal Dutch Shell PLC (energy): Ample

Boeing Co (aerospace): Cuberg

Airbus SE (aerospace): GBatteries

Verizon Communications Inc (telecom): Elegus, SwiftMile

Samsung Electronics (electronics): Sila Nanotechnologies, Solid Power, StoreDot

ABB (industrial): Enervalis

Reporting by Paul Lienert in Detroit; Editing by Tom Brown

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