Even as oil companies are getting crushed by the collapse of flip cover samsung note 2 demand for THE WEEKND BELONG TO THE WORLD Cover Samsung Galaxy S4 cover samsung j3 2016 rosa energy in the wake of international shutdowns responding to the global pandemic, investors representing one of the world’s savviest financiers are placing a small bet on electric charging as the future of transportation.

Soros Fund Management, the financial investment vehicle led by famed investor George Soros, cover samsung j1 parigi is cover iphone 6 shadowhunters placing a small, $13.2 million bet, alongside Siemens and cover samsung sm g360f a host of other investors into the cover iphone 6 montagna THE BEATLES ABBEY ROAD Cover Samsung Galaxy S4 Los Angeles based electric charging startup, Amply Power.

“To be quite honest I never would have TOOTHLES HOW TO TRAIN YOUR DRAGON Cover Samsung Galaxy S4 thought in a million years that Soros cover samsung cover iphone 5 led s6 ktm would jump into our industry so early in its development,” said Vic Shao, cover samsung galaxy j3 2016 aicek Amply’s founder, chairman and chief executive.

And despite the collapse in fossil fuel energy cover samsung galaxy THRASHER DIAMOND SUPPLY CO Cover Samsung Galaxy S4 s3 rosa prices, Shao said that Amply’s value proposition still cover samsung j3 2017 mandala makes sense.

“Raw electric energy is half the price on average as fossil fuels,” Shao said. “As economics go by, solar will continue to get cheaper and wind too. The lowest price of extracting a barrel of oil right now is $20 and then you need to add processing and distilling.”

Shao is the former chief executive of cover samsung galaxy j5 mandala Green Charge, a distributed energy storage company acquired by the world’s largest international energy supplier, ENGIE.

Amply has cover samsung galaxy a3 2015 harry potter more than its fair share of competitors vying to give the electric vehicle fleet management charging market a jolt. Companies like Electriphi, cover iphone 4s fantasia EVConnnect, GreenLots, and GreenFlux are all offering somewhat similar services.

The company cover samsung s6 hakuna cover iphone 6s s matata said cover moschino iphone 6 amazon it would use the money to expand its team and customer deployments to cover silicone apple iphone 5s compete with its cover fluorescente iphone 6 market adversaries. Right now cover iphone 6 labbra Amply is managing charging cover iphone black operations for customers including:East Contra Costa County’s Tri Delta Transit, and an electric school bus fleet demonstration in New York City with Logan cover samsung s8 led Bus.

AMPLY is the preferred partner of BYD and a subsidiary case cover iphone 6 of Hawaiian Electric Company, Pacific Current, the company cover samsung s5 kwmobile said.

Amply makes its money by owning and operating charging infrastructure and setting up fixed price agreements with its customers. best friend cover iphone “There are a lot of vendors out there selling hardware or selling software fleet management in software product but at the end customer owns the risk. They have to implement these tools and make it work for their fleet or vendors,” said THE FLASH DC Cover Samsung Galaxy S4 Shao.

Despite slowdowns, Shao said that his business is relatively recession proof, because of its availability to THE JOKER COLLAGE Cover Samsung Galaxy S4 government funds and the status of public transportation as a vital part of a city’s infrastructure.

“It’s really really helpful for the business to have a stable subscription revenue base that will fit the people who will pay you,” said Shao. “Ridershp is down and routes are eye cover iphone getting cover samsung juve cover iphone 5s blu cut but transit agencies and school districts are not about cover samsung a5 2016 scritte iphone 4s flip cover to go out of business what has slowed down a bit for us are our cover samsung galaxy j52015 customers in the private sector.”…