Inspiration Mobility Group acquires Electrada assets to expand its EV Charging-as-a-Service offerings

Inspiration Mobility Group, a provider of EV fleet management, vehicle leasing and fleet services for US commercial customers, has acquired select assets of Electrada, a company that provides commercial fleet EV charging infrastructure through its 360 CaaS, FleetFlex and FleetFlip programs. Electrada operates more than 375 depots that serve commercial fleets ranging from passenger vehicles to Class 8 tractor-trailers. Customers include public agencies, Fortune 500 companies and institutions.

Inspiration plans to use Electrada’s capabilities to expand its presence in heavy-duty commercial vehicles, distribution fleets and autonomous vehicle operations.

Electrada’s team, project pipeline, charging depot development, energy management software and intellectual property will become part of Inspiration’s charging infrastructure and energy management business. The combined business will provide services across the EV charging infrastructure stack, including depot design, utility coordination, energy management and ongoing operations through a turnkey Charging-as-a-Service program.

“Inspiration is the natural home for what Electrada has built,” said Kevin Kushman, CEO of Electrada. “We’ve always measured success by customer outcomes, not infrastructure deployed, and Inspiration holds that same standard. Electrada’s depth in utility coordination, distributed power and depot energy management means fleet operators aren’t just getting charging infrastructure; they’re getting an energy program designed to reduce and stabilize fuel costs.”

“Electrada has delivered reliable electric fuel at predictable cost across millions of fleet miles for operationally complex fleets,” said Josh Green, founder and CEO of Inspiration Mobility Group. “This acquisition strengthens our ability to support customers from planning electrification through vehicle deployment, charging infrastructure and daily fleet operations.”

Source: Inspiration Mobility Group