US electric vehicle charging network operator ChargePoint has acquired Dutch eBus and commercial vehicle management provider ViriCiti for approximately €75 million. The deal is ChargePoint’s second major European acquisition within the last month; in July it announced a €250 million intended takeover of has-to-be, the Austrian e-mobility provider and charging software platform developer.
ViriCiti will enhance the ChargePoint fleet solution portfolio of hardware, software and services by integrating information sources to optimise electric fleet operations, including battery management, charging station monitoring, OEM-agnostic telematics, vehicle maintenance and vehicle operations data.
The combined solution will enable fleet operators to identify which of routes could be most effectively electrified, monitor and report on uptime, optimise fuelling to ensure operational readiness at low cost, and integrate vehicle and charging station management.
Pasquale Romano, President and CEO of ChargePoint, said, “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.
“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. The combined solution underscores the importance of software to EV charging and will ensure operational readiness at low cost as fleets of all types across North America and Europe continue to electrify.”
Founded in 2012, ViriCiti today has more than 50 employees in the Netherlands and United States, and established market share in North America and Europe with approximately 150 fleet operators, 3,500 connected vehicles and 2,500 networked ports under management.
ViriCiti customers include prominent fleet operators and OEMs, such as Arriva, Berliner Verkehrsbetriebe, Chicago Transit Authority, GILLIG, Keolis, King County Metro, Metropolitan Transit Authority (New York), PicNic, San Francisco Municipal Transportation Authority and Toronto Transit Commission.
Freek Dielissen, CEO of ViriCiti, said, “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.”
Dr Jose Serras-Pereira, Director – Advisory, Mobility Group, Frost & Sullivan, confirmed, “The need for efficient software tools to gather, analyse and recommend vehicle types, charging hardware, site energy requirements and other operational strategies has never been greater. Software, analytics and advisory are expected to be key portfolio components for any industry actor wishing to provide a holistic suite of electrification services in a B2B setting and help accelerate fleet electrification over the next decade. ChargePoint is now well positioned to offer fleet managers large and small a full range of tools required to start planning and executing their electrification journeys.”