Geotab acquires telematics provider FleetCarma

Geotab has acquired FleetCarma. Specializing in electric vehicle (EV) telematics, FleetCarma has been a technology provider to the EV industry for more than 10 years, according to an announcement. The acquisition of FleetCarma accelerates Geotab’s commitment to investing in the people and technology required to be a leader in telematics for EVs, the company states.

“Geotab’s long-standing commitment to sustainability and innovation is further amplified by the acquisition of FleetCarma,” says Neil Cawse, Geotab CEO. “We are excited to expand our presence in the EV space and offer our current and future customers a reliable telematics solution to help meet their changing business and fleet needs.”

The EV-focused team at FleetCarma, which is based in “Silicon Valley North” within Waterloo, Ontario, specializes in providing telematics for hybrid and electric vehicles. With customers in North America and Europe, FleetCarma also enables utility companies to understand and manage the impact that EV charging has on the electric grid.

“Combining FleetCarma’s unique EV telematics capabilities with Geotab’s proven open-platform solution is exactly what our customers want and the industry needs,” says Matt Stevens, FleetCarma CEO. “Together, as we continue to drive electric vehicle adoption, we will provide a complete solution that will not only benefit customers, but society as well.”

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