CUBOS acquires TotalEnergies' commercial EV charging business in Germany
By Eve
German energy services provider CUBOS has acquired TotalEnergies' entire commercial charging operation in Germany, adding around 6,000 AC and DC charging points to its network. The deal, announced in July 2026, takes CUBOS to more than 15,000 charging points serving over 1,000 business customers and grows its team to more than 500 people, with all existing jobs retained. The acquisition follows CUBOS's purchases of SWARCO in December 2025 and ChargeOne in April 2026.
Why it matters: The transaction marks a significant consolidation in Germany's commercial charging market, with CUBOS rapidly scaling through three major acquisitions in eight months to become a dominant B2B operator. Procurement teams and CPOs should note CUBOS's platform strategy integrating charging hardware, software, solar and battery storage under one provider, which may reshape competitive dynamics and service offerings in the German market.