PowerFlex Acquires The Mobility House, Creating a Fleet Electrification Powerhouse

SAN DIEGO, CA – August 06, 2026 – In a landmark move signaling significant maturation in the fleet electrification sector, intelligent energy solutions provider PowerFlex has announced its acquisition of The Mobility House North America. The deal, structured as a share exchange, combines two industry pioneers to create what is poised to become North America's most comprehensive platform for fleet charging and energy management.

The acquisition unites PowerFlex's extensive scale in commercial solar, energy storage, and charging for large-scale corporate fleets with The Mobility House's deep expertise in the public transit and school bus sectors, along with its advanced Vehicle-to-Grid (V2G) integration technologies. As part of the transaction, The Mobility House will become a minority shareholder in the combined business, which operates under the robust financial backing of majority-owner EDF Renewables and key investor Manulife Investment Management. This strategic alignment is set to accelerate the adoption of electric transportation by offering a single, integrated partner for organizations navigating the complex energy transition.

A Strategic Consolidation in a Booming Market

The fleet electrification market is at a critical inflection point, moving from early adoption to mainstream deployment. This shift demands more than just charging hardware; it requires sophisticated, end-to-end solutions that manage energy costs, ensure operational resilience, and optimize vehicle uptime. The PowerFlex-Mobility House merger directly addresses this need by consolidating complementary strengths into a single, formidable entity.

PowerFlex has established itself as a dominant force, managing over 70,000 EV chargers and holding the title of the largest commercial solar installer in the United States. Its clientele includes major last-mile delivery services, municipal governments, and utility fleets that rely on its PowerFlex X™ platform for intelligent energy management. Conversely, The Mobility House North America carved out a leadership position in the complex public transit and school bus segments—markets with unique duty cycles and high-power requirements. Its ChargePilot® software is a market leader for optimizing charging in these demanding environments.

"This combination is exactly the kind of strategic step the fleet electrification market needs at this moment,” said Raphael Declercq, Chief Executive Officer of PowerFlex. “The Mobility House North America has built a genuinely differentiated platform in the fleet segment including vehicle-to-grid capability that is already operating in utility programs, and customer relationships earned over 10 years."

This merger significantly alters the competitive landscape. While companies like ChargePoint offer broad charging networks, the new PowerFlex entity provides a deeply integrated solution that bundles charging with onsite solar, battery storage, and advanced V2G capabilities. This creates a one-stop-shop that simplifies procurement and operations for fleet managers, a compelling advantage in a fragmented market.

Beyond Charging: Integrating for a Smarter Grid

The true strategic value of this acquisition lies in the fusion of technologies that look beyond simple charging. The integration of PowerFlex’s energy management platform with The Mobility House’s pioneering work in bidirectional charging is set to supercharge the deployment of Vehicle-to-Grid (V2G) and Vehicle-to-Building (V2B) solutions.

At the core of this synergy is the goal of transforming electric fleets from passive energy consumers into active, flexible grid assets. The Mobility House’s Cascade EV Aggregator platform, designed to orchestrate fleets of EVs into a Virtual Power Plant (VPP), is a key asset. When combined with PowerFlex's patented Adaptive Load Management algorithms, the new entity can offer unparalleled control over energy flow. This allows fleet operators not only to minimize expensive demand charges by intelligently scheduling charging but also to generate new revenue streams by selling energy and grid services back to utilities.

For customers, the benefits are tangible. Clients of The Mobility House will gain access to PowerFlex's extensive project development and engineering capabilities for deploying large-scale solar and storage projects. Meanwhile, PowerFlex's commercial customers can now tap into the industry's most advanced V2G expertise to improve facility resilience and unlock the full economic potential of their EV investments. The companies plan to integrate their software platforms over time, promising a unified user experience with enhanced AI-driven features for predictive optimization.

The Financial Blueprint of a Clean Tech Leader

The structure of the acquisition—a share exchange rather than a cash buyout—speaks volumes about the strategic nature of the partnership. By making The Mobility House a minority shareholder, PowerFlex ensures that the acquired team's expertise and vision remain aligned with the new entity's long-term success. This move signals a collaborative consolidation, not a hostile takeover, a trend industry analysts see as a sign of a maturing market where expertise is as valuable as market share.

The financial stability of the combined company is formidable. PowerFlex is an affiliate of EDF Renewables North America, part of the global utility giant Electricite de France SA. This backing is further bolstered by a $100 million minority investment made by Manulife Investment Management in 2022, which was earmarked for accelerating growth. This strong capital foundation provides the necessary resources to scale operations, fund ongoing R&D in V2G and AI, and weather the economic cycles inherent in the infrastructure space.

The financial arrangement positions the new PowerFlex to aggressively pursue large-scale, capital-intensive projects that are essential for electrifying heavy-duty transportation sectors across North America.

A Unified Vision for an Electrified Future

With the integration, Gregor Hintler, who led The Mobility House North America since its founding, joins the PowerFlex team along with much of his staff. This ensures continuity for customers and partners while infusing PowerFlex with specialized talent.

"At The Mobility House North America, we've established a leadership position in fleet vehicle-grid integration," said Gregor Hintler, former CEO of The Mobility House North America. "This combination is the start of an exciting new chapter. We can now bring a far broader set of energy capabilities to the customers who have trusted us and take the solutions we've built to PowerFlex's customers and to new markets across North America."

This unified front arrives at a crucial time. Across the continent, electricity grids face unprecedented strain from the simultaneous growth of data centers, industrial electrification, and EV adoption. The combined company's advanced charge management and VGI solutions offer a powerful tool for utilities to manage this new demand, defer costly infrastructure upgrades, and better integrate intermittent renewable energy sources. The new PowerFlex is now better positioned than ever to not only serve its direct customers but also to become a critical partner in shaping a more resilient and sustainable energy future.