Moment Energy raises $40M to meet ‘infinite demand for power’ with EV batteries

Moment Energy CEO Edward Chiang believes demand for power in North America is infinite — and that his startup has the solution.

The company, which has headquarters in Canada and the United States, takes a novel approach to repurposing electric vehicle batteries, Chiang told TechCrunch. The company’s approach is special, he said, because of its dual focus on safety and modularity.