Fleetcor Technologies, a business payments company, has acquired Plugsurfing, a European electric vehicle (EV) software and network provider.
“The acquisition demonstrates Fleetcor’s commitment to developing world-class EV solutions for our thousands of commercial fleet customers, including access to European EV roaming capabilities and software applications for drivers and fleet managers,” said Tom Rowlands, global managing director of EV at Fleetcor.
“In addition, Plugsurfing allows us to pursue new customer segments by serving chief production officers (CPOs) with software to manage their charging infrastructure and providing OEMs with a white-label EV solution.
“We’re excited to have Plugsurfing join the Fleetcor family.”
Plugsurfing has developed a proprietary EV charging network in Europe with reportedly more than 300,000 chargepoints, which it claims constitutes nearly 80% of all European EV chargers.
The Plugsurfing app offers access to tariff information and facilitates payment for EV charging. This capability is available directly and as a turnkey white-label solution to EV OEMs for commercial distribution.
The solutions provider also offers CPOs with API, cloud-based operating software, which is designed to support CPOs to run their hardware more efficiently, including managing payments.
Since its launch in 2012, Plugsurfing claims to have processed approximately 20 million charging sessions.
