Startups · 3h ago
Einride acquires Flipturn for $38M to boost EV charging network
Einride, an electric trucking startup, agreed to acquire EV charging software firm Flipturn for $38 million in stock. The deal aims to expand Einride's charging infrastructure as it scales its fleet of electric trucks. Flipturn's platform manages charging operations for commercial fleets.
Meridian48 take
The acquisition signals Einride's shift from just operating trucks to owning the charging ecosystem, a capital-intensive bet that could define its scalability.
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Einride bets $38M on EV charging as it scales electric trucking →
TechCrunch
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