ChargePoint acquires eBus and commercial fleet management platform ViriCiti at €75 Million

And the ChargePoint acquisition spree keeps on-a rollin’. Just three weeks prior, the company snapped upped Austria’s e-mobility solutions provider has.to.be for a cool €250 million, and today, announced the acquisition of eBus and commercial fleet management platform ViriCiti for €75 million.

Founded in 2012, ViriCiti’s mission is to fully optimise the usage of electric busses and commercial vehicles in urban environments. The platform monitors and analyses data down to the millisecond, providing real-time information on the use, condition, and performance of any vehicle can be provided. Ultimately, this data culminates in electric city buses and trucks running further, more reliably, and at a lower cost.

"The future of fleets is electric, and integrating charging solutions with the many business systems already in place in today’s depots is essential to successful electrification,” commented ChargePoint CEO Pasquale Romano. “Adding ViriCiti’s vehicle management capabilities to our fleet portfolio allows ChargePoint to deliver more functionality to eBus and commercial fleet operators, while remaining open to integration with existing telematics systems.”

With the latest acquisition, ChargePoint now has access to ViriCiti’s 150+ fleet operators, 3,500 connected vehicles, and 2,500 networked ports under management, as well as a client base that includes Berliner Verkehrsbetriebe, Chicago Transit Authority, Metropolitan Transit Authority (New York), and the Toronto Transit Commission.

“Our mission over the last nine years has been to help fleet operators manage their electric operations. Today, zero-emission transportation is at a tipping point, and we are excited to join EV charging leader ChargePoint, integrate our complementary offerings, and tap into the resources that will enable the electrification of fleets at a faster pace across North America and Europe,” commented ViriCiti CEO Freek Dielissen.