Sweden’s first independent EV-charging operator, Milepost AB, has made a bold move by acquiring Toveks Bil’s fleet of 60+ public charging stations across 18 western Swedish municipalities. This strategic acquisition expands Milepost’s footprint into regions like Lidköping, Sotenäs, and Falköping, where Toveks Bil has been providing wholesale EV infrastructure since 2022. The deal marks a pivotal moment for Sweden’s decentralized charging ecosystem, as Milepost consolidates control over municipal-owned assets previously managed by Toveks Bil.
The acquisition underscores a broader trend in Europe where independent operators are carving out dominance in EV infrastructure. While traditional energy firms often dominate charging networks, Milepost’s model—focusing on municipal partnerships—aligns with Sweden’s push for localized, community-driven sustainability. Toveks Bil’s charging stations, strategically placed on municipal parking lots, now fall under Milepost’s operational umbrella, potentially streamlining maintenance and expanding coverage for electric vehicle (EV) drivers.
For Sweden’s EV transition, this consolidation could accelerate adoption by ensuring reliable, accessible charging across key urban and suburban hubs. With over 60 charge points now under Milepost’s management, drivers in western Sweden may benefit from improved network reliability and faster response times for technical support. The move also signals growing competition among operators, pushing them to innovate in pricing, speed, and user experience to retain market share.
Industry analysts highlight this deal as a testament to the shifting dynamics in Europe’s EV infrastructure sector. “Milepost’s acquisition reflects a strategic pivot toward municipal partnerships, which could set a precedent for other operators,” says Anna Karlsson, a senior analyst at Nordic Energy Insights. “It’s not just about scaling infrastructure; it’s about integrating charging into the fabric of local governance, which could drive long-term adoption.” The deal also raises questions about future collaborations between operators and municipalities, as both parties navigate regulatory hurdles and funding challenges.
As Sweden races toward its 2030 fossil-fuel car ban, this acquisition could be a blueprint for how independent operators and local governments collaborate to build a seamless EV charging network. With Milepost’s expansion, drivers in Lidköping and beyond may soon enjoy faster, more reliable charging—proving that Sweden’s EV revolution isn’t just about cars, but the infrastructure that powers them. The question now is whether this model will inspire similar consolidations across the continent, or if other nations will take a different approach entirely.
