Jolt Capital leads investment in fleet electrification firm VEV
Reuters2026/09/09 08:04- Fleet electrification platform VEV raised a private investment led by Jolt Capital to fund expansion across Europe as an independent business.
- VEV provides end-to-end electrification for commercial fleets, combining fleet strategy, charging and energy infrastructure, energy supply, operational services.
- Funding came from Jolt Capital V, a fund targeting EUR 1 billion; Finland’s state investor Tesi joined as co-investor.
- Transaction included the acquisition of Vitol’s stake in VEV, shifting ownership to Jolt Capital and Tesi.
- VEV plans targeted acquisitions, product development, market entry in France, Germany, the Netherlands; it has served 6,000 commercial EVs.
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