Virta (Liikennevirta Oy), a leading international electric vehicle (EV) charging and energy platform provider headquartered in Helsinki, today announced it has entered into a definitive agreement to acquire Northe (Charge4go AB), the Scandinavian market leader in advanced electric vehicle fleet management software and services for leasing companies and other large fleet operators.

Together, the companies will become the largest B2B EV driver platform in the Nordics, jointly serving well over 100,000 active EV drivers already now. The transaction is expected to close by the end of August, subject to customary closing conditions.

Fleet is the fastest-growing segment of electric mobility in the European market. Company-registered vehicles—including employee benefit cars and operational fleet cars—account for approximately 60%¹ of new EV sales in the EU. This growth is driven by the economic viability of electric fleets, as well as companies’ decarbonization targets. As electric fleet sizes continue to increase, optimizing fleet and charging costs, along with ensuring cost-efficient operational management and reporting, is becoming increasingly critical for businesses.

“Northe’s comprehensive EV fleet software, developed by a strong professional team, is among the most advanced and future-proof solutions available. By combining it with Virta’s market-leading charging business management, energy management, and Virtual Power Plant (VPP) platform, we are introducing a solution with unprecedented comprehensiveness, seamlessness, and cost-effectiveness for leasing companies, rental car firms, and corporate and light commercial vehicle (LCV) stakeholders,” said Ilkka Vanhanen, Chief Revenue Officer of Virta.

David Fauné, co-founder and CEO of Northe, commented on the transaction: “Virta’s strong presence with over 120 000 charging points and extensive customer base in key EV markets across Europe now provide a fast track for scaling Northe’s technology beyond Sweden, Denmark, and Norway, where we have quickly earned the trust of the largest leasing companies and fleet operators. For both our existing partners and customers this will lead to a stronger Northe with more resources, larger roaming network and sharper focus to deliver on all current and future challenges they are facing. With Virta we are sure that our current offering and market position will grow stronger and play a crucial role for the existing and future EV boost.” 

1 (Reuters, March 4 2025, https://theicct.org/publication/european-market-monitor-cars-vans-april-2025-may25/)

About Virta

Helsinki-based Virta is a global technology company with a mission to drive the electric mobility transition by enabling profitable charging businesses and integrating electric vehicles (EVs) as part of carbon-free energy systems. The digital Virta EV Charging & Energy platform offers a comprehensive suite of solutions, including Charging Network and Business Management, Transactions, Pricing, Payments and Invoicing, EV Driver and Fleet Services, Roaming, Energy Management, and Virtual Power Plant services.

The Virta EV Charging & Energy platform is hosting over 120 000 charging points in 36 countries across Europe and Southeast Asia by over 1,000 charging businesses, representing utilities, petrol retailers, commercial real estate, and automotive sectors. 

Virta holds 40 patent families focused on energy management capabilities, including Vehicle-to-Grid (V2G) technology, which are essential for the future ecosystem of connected energy and mobility.

Virta has been featured in the Financial Times FT1000 Europe’s Fastest Growing Companies list for six consecutive years and was ranked by TIME Magazine and Statista as one of the “World’s Top GreenTech Companies in 2025.

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About Northe

Northe is a Swedish tech-startup founded in 2020 and has since than developed a market leading software for EV fleet charging management. Northe’s vision is to make the transition to EV for business as simple and smooth as possible. 

Through cutting edge technology Northe enables EV charging solutions and unlocks the full potential in an EV fleet business for both leasing companies and larger fleet owners. During the last couple of years Northe has become an obvious choice for leasing and car rental companies in the Nordics, where the Northe platform is supporting the charging management of thousands of EVs.