Einride, the Swedish electric and autonomous trucking giant, just pulled off a major move by acquiring Flipturn, a startup that builds smart EV charging software, for $38 million in stock. This is Einride’s first acquisition since going public and marks a strategic leap toward full vertical integration — offering not just electric trucks but also the intelligent charging tech needed to keep them running. Flipturn’s platform acts like a universal translator for EV chargers, syncing with solar, storage, and fleet data to optimize charging across any station. With Einride already operating 200 heavy-duty electric trucks for clients like Heineken, PepsiCo, and Amazon, this acquisition turbocharges their U.S. expansion and positions them as a one-stop shop for electrified logistics. The deal closes by month’s end, with Flipturn’s 17-person team staying intact — a smart play to own the charging infrastructure that’s critical for scaling their electric future.
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