The Volkswagen Group has announced the creation of a new subsidiary, Elli Mobility GmbH, following the merger of Logpay Transport Services GmbH and the mobility service units of its subsidiary Elli. Set to operate from March 2025, the new company will be a fully owned subsidiary of Volkswagen Group Charging GmbH (Elli). The move aims to streamline Volkswagen’s charging, refuelling, and mobility services for business and private customers transitioning to e-mobility.
This strategic merger combines Logpay’s expertise in charge card services with Elli’s eMobility solutions, allowing customers to access a unified range of services. The new company will provide a single contractual partner for charging, refuelling, and carwash services, offering a comprehensive solution for fleets with combustion, electric, and hybrid vehicles. The expanded services will cover home and workplace charging, making it more accessible for fleets across Europe.
“We are combining our strengths to create a seamless service for customers, whether they are individuals or businesses,” said Giovanni Palazzo, CEO of Elli. “This merger supports the transition to sustainable mobility while addressing the varied needs of the market.”
The newly formed Elli Mobility GmbH will be led by Joschi Jennermann, CEO, and Sebastian Steffen, CFO. Jennermann brings experience from his previous role at Urban Mobility International GmbH, where he was involved in fleet management, including the carsharing brand Miles. Steffen, who previously managed venture capital and strategic cooperations at Volkswagen Financial Services, has been a member of Logpay’s Supervisory Board since 2024.
The merger builds on Logpay’s ‘Charge&Fuel’ card, which already integrates Elli’s charging points, but will now be managed under a unified structure to offer better service and greater efficiency. “This strategic alignment is designed to reduce redundancies and create a competitive edge in the European mobility market,” said Anthony Bandmann, CSO of Volkswagen Financial Services AG.
