Aly Eltayeb is the co-founder and CEO of Shift EV, an electric mobility startup based in Cairo, focused on electrifying fleets in emerging markets through manufacturing grade and speed retrofitting with lego packs the company designs and manufactures. The company’s technology is currently deployed with leading last mile logistics fleets, under a battery as a service subscription model. Shift EV is led by an MIT / Intel / GM and backed by Union Square Ventures and other global venture investors.
Prior to Shift EV, Aly led the business development and analytics team at Form Energy, a long duration storage startup based in Boston, USA that has raised $800mn in financing. Aly joined as the 8th employee where he led the company’s market discovery, and the development of a grid optimization analytics platform to engage customers on big battery projects. Aly led the contracting of a first-of-a-kind grid scale long duration power project with a US utility, and the development of a multi GWh global pipeline of projects. Before Form Energy, Aly was an early stage innovation manager at Corning, a Fortune 500 in the material science space, where he was responsible for the assessment of investment opportunities in automotive and consumer electronics.
Prior to that, Aly developed a novel electrochemical carbon capture technology at MIT raising $1.65mn of non-dilutive funding to support R&D for commercialization. Aly holds a PhD in Chemical Engineering and MBA in Finance from the Massachusetts Institute of Technology and is a Cairo University graduate.