Former Spacex Employees Raise $3M To Build Battery Systems For Fast-charging Ev Stations

by geekwire.com posted 2weeks ago 7 views
New funding: Electric Era, a Seattle startup that is designing and building battery systems for electric vehicle charging stations, has raised a $3 million seed round led by REMUS Capital. The EV solution: As Electric Era’s CEO and co-founder Quincy Lee explains, the first hurdle to EV adoption was range anxiety, regarding how far a vehicle could run before recharging, and now the challenge has shifted to where and how quickly drivers can rejuice. So the startup has created an energy storage device using lithium battery cells that pairs with fast charging stations being built around the country.

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