Einride to Buy EV Charging Startup Flipturn for $38 Million in Stock

Einride, a Swedish electric trucking company that went public on June 9, has agreed to buy Flipturn, a startup that makes software to manage electric-vehicle charging stations. The $38 million all-stock deal should close in July 2026. Flipturn, founded in 2022, had raised $15.5 million and brings a 17-person team.