FLEETCOR® completes acquisition and investment in European EV assets
FLEETCOR Technologies, Inc., a business payments company, announced the acquisition of Plugsurfing, a leading European electric vehicle (EV) software and network provider. FLEETCOR® has also invested in Zap-Map, the UK’s leading EV search and pay mapping service.
“We’re building a broad set of EV assets to not only support our fleet clients’ needs for public and at-home charging, but also to enter completely new EV customer segments with OEMs and CPOs (charge point operators),” said Ron Clarke, chairman and chief executive officer, FLEETCOR Technologies, Inc.
Plugsurfing has developed a proprietary EV charging network in Europe with over 300,000 charge points, or nearly 80% of all charge points in Europe, along with a mobile app to access charge point locations, availability, and cost. Plugsurfing serves EV manufacturers, CPOs and fleets with its software and network solutions.
Zap-Map provides EV drivers in the UK with software to locate, plan, and pay for EV charging. Zap-Map has 350,000 registered users and over 95% of the UK’s public charge points on its network.
“We’ve integrated Zap-Map’s software and EV network into our UK commercial fleet solution to seamlessly serve our clients as they transition to mixed fleets,” said Alan King, FLEETCOR’s global fleet group president.