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Estonian EV startup Eleport expands to Croatia and Slovenia with an acquisition

Estonian EV leader Eleport is expanding into Croatia and Slovenia, powering the region with sustainable, high-speed charging.

Estonian startup Eleport, the leading electric vehicle (EV) public charging network in Central and Eastern Europe (CEE), announced its expansion into Croatia and Slovenia through the strategic acquisition of TurboVolt GmbH.

Estonia is ramping up the adoption of EV vehicles at home: of all new cars sold domestically last year, six percent were fully electric. Meanwhile, its startups lead the pack in energy innovations for the region. Already the largest EV charging operator in the Baltics and the fourth largest in Poland with over 800 stations, Eleport has acquired TurboVolt. This will spread its network over six countries in total.

 

TurboVolt is an Austrian-based Charge Point Operator founded in 2022. It is focused on installing high-powered EV charging hubs across Austria and CEE at prime retail locations. All TurboVolt hubs are powered by renewable energy and are equipped with state-of-the-art fast chargers featuring multiple sockets and payment options.

The first phase of Eleport’s expansion includes the launch of 17 high-powered EV charging hubs at both Supernova and SES shopping centres in Croatia and Slovenia. Each hub will feature up to 12 user-friendly, high-speed chargers, delivering up to 300 kW of power per socket. The initial hubs in Croatia will open in Zadar and Zagreb, with the first Slovenian hub launching in Ljubljana.

“This acquisition is another pivotal step in Eleport’s long-term plan of becoming the leading EV charging network in CEE,” said Jakub Miler, CEO of Eleport. “TurboVolt’s strategy and goals align perfectly with ours, and I am excited to work with their team to accelerate the deployment of a reliable, fast-charging infrastructure that meets our customers’ expectations.”

Anthony Hinde, CEO of TurboVolt, echoed this enthusiasm, stating, “Joining forces with Eleport aligns perfectly with our vision of expanding access to sustainable transportation solutions. Together, we will provide market leading solutions for high speed charging in CEE markets which urgently need solutions.”

Besides customers, who will now have a better charging experience, the environment also benefits. All chargers across Eleport’s network run exclusively on 100% renewable energy. The ambition is to scale this — supported by Gren Group, Eleport aims to deploy 10,000 DC-powered fast charging points across CEE by 2030.

Interested in investing in Estonia? Find out more about the country’s energy sector here and book a time via e-Consulting to speak to your personal advisor.

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