Eleport Expands European Footprint with Acquisition of TurboVolt

Credit: Eleport

Eleport has acquired Austria-based TurboVolt, marking a significant step in its European expansion strategy. The takeover enables Eleport to further its growth into Croatia and Slovenia, with plans to establish 17 new charging parks at Supernova and SES shopping centres.

Details such as the purchase price were not disclosed in the announcement. However, Eleport’s CEO, Jakub Miler, emphasized the strategic importance of the acquisition: ā€œThis acquisition is another pivotal step in Eleportā€™s long-term plan of becoming the leading EV charging network in CEE.ā€ Anthony Hinde, CEO of TurboVolt, added, ā€œTogether, we will provide market-leading solutions for high-speed charging in CEE markets which urgently need solutions.ā€

Earlier in June, it was revealed that TurboVolt would be installing charging infrastructure at three Supernova shopping centres in Croatia and Slovenia, specifically in Zagreb, Zadar, and Ljubljana. Each of these hubs will feature twelve charging stations from Kempower. Eleport confirmed that these three locations will remain unchanged following the acquisition.

Looking ahead, Eleport plans to build a total of 17 charging parks at Supernova and SES shopping centres in the region as part of the first phase of its expansion. While the specific locations and operational dates of the additional 14 charging hubs were not detailed, they will also feature twelve charging points each, capable of up to 300 kW. It remains unclear whether Kempower will supply all of these locations.

With this acquisition, Eleport expands its presence to six European countries. The company, which is already operational in Poland, Estonia, Latvia, and Lithuania, currently manages over 800 charging points. This number is expected to grow to 1,350 by the end of the year, supported by both the TurboVolt acquisition and ongoing partnerships. Notably, Eleport has announced plans to install charging points at 70 Carrefour locations across 65 Polish cities by 2025, which will contribute an additional 170 charging points to its network.

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