Motor
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Motor is a consumer electric-vehicle (EV) adoption platform for electric utilities, based in Arlington, Virginia. It gives utilities a first-of-its-kind EV adoption program: an all-in-one experience with a car, home delivery, EV onboarding, charging installation and enrollment in utility managed-charging programs. Founded by CEO Praveen Kathpal (a decade at AES) and incubated at The AES Corporation, Motor closed a $7 million Series A co-led by AES and Mitsubishi Corporation in February 2023. No shutdown, bankruptcy or acquisition has been reported.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Series A
Motor closes a $7 million Series A co-led by The AES Corporation and Mitsubishi Corporation to accelerate EV adoption services for electric utilities.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.