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Einride acquires Flipturn for electric fleet AI

PUBLIC · ENRDAug 27, 2026about 6 hours ago

Acquiring Company

Einride AB

Acquired Company

Flipturn

SwedenBrooklynManufacturingTransportationAutomotive

Description

Einride AB has acquired Flipturn, a charging and energy management software company. The acquisition, finalized in July 2026, aims to enhance Einride's offerings in electric fleet operations. The first product from this acquisition, Flip AI, automates workflows for electric fleets and shippers. This launch is part of Einride's strategy to leverage its proprietary technology for broader market benefits.

Company Information

Company

Einride AB

Location

Sweden

About

Einride AB is a Swedish driverless truck startup that focuses on providing autonomous freight solutions. Founded in 2016, the company initially aimed to produce its own electric trucks but has shifted to offering complete systems and solutions, sourcing trucks from manufacturers like Scania. They have seen substantial growth recently with net sales more than doubling and expanding their presence into countries like Austria and the UAE. Einride is looking to scale further while considering a potential listing in the US.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
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M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Flipturn?

Flipturn was acquired by Einride AB, based in Sweden. The deal was reported on August 27, 2026. Einride AB is a Swedish driverless truck startup that focuses on providing autonomous freight solutions. Einride AB is publicly traded (ENRD) and operates in Manufacturing.

When did Einride AB acquire Flipturn?

Einride AB's acquisition of Flipturn was reported on August 27, 2026. Einride AB has acquired Flipturn, a charging and energy management software company. The acquisition, finalized in July 2026, aims to enhance Einride's offerings in electric fleet operations. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Flipturn do?

Flipturn’s mission is to accelerate electrification by helping fleets get the most out of their EVs. It is privately held, and is based in Brooklyn.

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