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- Ford has bought an electric charging startup called AMP, TechCrunch reported.
- The automaker aims to improve its charging tech to jumpstart its stalling EV push.
- Automakers are proving increasingly cautious about EVs, with Ford pausing $12 billion in spending.
Ford is buying an electric charging startup as it tries to reinvigorate its flagging EV push.
The auto giant is purchasing Auto Motive Power (AMP), an electric charging startup that makes battery management software, as it seeks to overhaul its charging technology and reduce the cost of its electric vehicles.