Einride Acquires EV Charging Firm Flipturn for $38M in Stock
Swedish electric trucking company Einride has agreed to acquire Flipturn, an EV charging firm, for $38 million paid entirely in stock. The deal signals Einride's strategic push to expand its charging infrastructure as it scales its electric trucking operations. By bringing charging capabilities in-house, Einride aims to strengthen its end-to-end electric freight network. The acquisition reflects growing industry momentum toward vertically integrated electric trucking solutions.
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