South Korea’s SK Inc. invests $100m in EV-focused US startup Atom Power

South Korea’s SK Inc. invests $100m in EV-focused US startup Atom Power

Photo by Michael Marais on Unsplash

Korea’s SK Inc has invested $100 million in North Carolina startup Atom Power, which aims to upgrade the electric vehicle (EV) charging experience in the United States with new hardware and software, the companies said Thursday.

Based in Huntersville, North Carolina, eight-year-old Atom Power has developed a digital circuit breaker that provides more control, flexibility and reliability to EV charging, especially for commercial fleet operators and managers of multi-family dwellings, according to Chief Executive Ryan Kennedy.

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