Zenobē Acquires Revolv, 100+ EV Vans, 13 CA Sites
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- Zenobē completed the acquisition of Revolv, bringing 13 operational depots in California and more than 100 electric delivery vans into its fleet.
- Zenobē previously concentrated on managing electric school bus fleets in the United States, and the deal expands its presence into the commercial electric‑vehicle delivery market.
- Steven Meersman, Founder and Director of Zenobē, said the investment accelerates electrification at scale by pairing Revolv’s fleet‑electrification platform with Zenobē’s financing models.
- Zenobē now supports over 3,400 electric vehicles across more than 120 depots worldwide, with operations in the United States, United Kingdom, Australia, Canada and New Zealand.
- Zenobē is the leading owner and operator of grid‑scale battery storage on the Great Britain transmission network, with over 1 GW of assets in operation or under construction.
- Shreya Malik, Managing Director of Infrastructure at KKR, noted the acquisition reflects a shared belief in long‑term fleet electrification opportunities and the role of private infrastructure capital.
Why it matters: The deal gives Zenobē a sizable foothold in the U.S. commercial EV market, adding over 100 delivery vans and 13 depots, while investors such as KKR see private infrastructure capital fueling fleet electrification. Competitors in diesel‑powered logistics lose market share as electric fleets expand.
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