Presto is building Stripe for EV charging

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Charging an electric vehicle in public can be the best of times or the worst of times. 

An EV driver can be charged and back on the road in a smooth 20 minutes, but they might also encounter broken chargers, unresponsive touchscreens, and blocked stalls, all of which can make for a frustrating experience.

It can be a headache for everyday consumers. For fleet or ride share drivers, a broken charger is lost money.

Those frustrations prompted Ashwin Dias and J.J. Raynor to leave their jobs at Uber, where they led efforts to electrify ride…



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Presto is building Stripe for EV charging


Charging an electric vehicle in public can be the best of times or the worst of times. 

An EV driver can be charged and back on the road in a smooth 20 minutes, but they might also encounter broken chargers, unresponsive touchscreens, and blocked stalls, all of which can make for a frustrating experience.

It can be a headache for everyday consumers. For fleet or ride share drivers, a broken charger is lost money.

Those frustrations prompted Ashwin Dias and J.J. Raynor to leave their jobs at Uber, where they led efforts to electrify ride…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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admin
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