Electra Vehicles invests 3.6 million dollars in Turin

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From NASA to the automotive world, between Turin and the Motor Valley of Emilia: the US startup Electra Vehicles, born in Boston, invests 3.6 million dollars in Turin to develop an electric supercar. The plan, which provides for a few dozen recruitments in Turin, was illustrated by the CEO Fabrizio Martini in a meeting at the headquarters of the Piedmont Region. Liftt and Club degli Investitori put on the plate 610,000 and 540,000 dollars respectively to support the company with aerospace DNA and already present in the US and Japan.

Electra Vehicles, which has developed battery control software for electric vehicles based on artificial intelligence, has yet to choose where to set up its headquarters in Turin. Among the hypotheses is that of the Ogr. The company, which had the support of the Piedmont Internationalization Center, has already supplied the battery management software for Fulminea, the first Italian electric hypercar built by Automobili Estrema.

“Once again, Piedmont manages to be able to attract highly technological companies eager to invest, create jobs and open offices in our cities. The future of the automobile industry hinges heavily on the electric”, comments Fabrizio Ricca , Councilor for Internationalization of the Piedmont Region “Electra Vehicles has developed a solution based on Artificial Intelligence that uses an innovative approach to improve the performance of electric batteries. We like their ability to be an ecosystem, to integrate different skills” underlines Marco Morchio, Business Angel of the Investors Club.

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