techcrunch.com
Jul 21, 2026
Einride bets $38M on EV charging as it scales electric trucking
AI-summarised brief · reviewed before publication
Swedish electric trucking firm Einride has agreed to acquire EV‑charging startup Flipturn in a $38 million all‑stock transaction, its first acquisition as a public company. The deal, slated to close this month, adds Flipturn’s 17‑person team and its Open Charge Point Protocol‑compatible software, which monitors charger health, vehicle battery levels, and integrates with solar and storage systems. Einride will use the platform to enhance its electric truck fleet, already serving clients such as Heineken, PepsiCo, and Amazon’s Relay network.
💡 Why It Matters
- · By owning the charging software, Einride can offer a fully integrated truck‑and‑charging solution, reducing entry barriers for fleets hesitant to adopt electric rigs.
- · This vertical integration positions the company as a one‑stop provider, potentially accelerating broader EV truck adoption.