Electric vehicle charging infrastructure company Terawatt is reportedly gearing up for a massive $1.5 billion funding round, aimed at expanding its network of robotaxi charging depots across the United States. As the robotaxi industry continues to gain momentum, with companies like Cruise and Waymo pushing the boundaries of autonomous transportation, the need for reliable and efficient charging infrastructure has become increasingly pressing. Terawatt's charging depots are designed to support the high-power charging requirements of robotaxis, enabling them to quickly recharge and return to service. With this significant investment, Terawatt is poised to play a crucial role in shaping the future of urban mobility and electric transportation.
Scoop: Terawatt preparing $1.5B raise for robotaxi charging depots Axios
