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Mercedes-Benz Sells European EV Charging Network to Electra in €99M Deal

Mercedes-Benz has sold its 374-port European fast-charging network to French operator Electra, shifting to a partner-only charging strategy on the continent.

By Charge News Canada Newsroom 4 min read
Mercedes-Benz Sells European EV Charging Network to Electra in €99M Deal

Mercedes-Benz has exited the European EV-charging market, selling its network of 374 fast-charging ports across 47 locations to French operator Electra for €99 million (approximately $111 million USD / $151 million CAD), according to the automaker's Q3 financial report and reporting by Electrive.

What was sold

The transaction covers all of Mercedes-Benz's proprietary fast-charging hardware in Europe — 374 DC fast-charging ports spread across 47 sites. Electra, a Paris-based charging operator, now operates those assets as part of its own network. As part of the deal, Electra becomes a "Premium Partner" of Mercedes-Benz, second only to Ionity in the automaker's preferred-operator hierarchy.

What it means for Mercedes drivers

  • Discounted access: Mercedes-Benz EV owners can now charge at discounted rates at more than 5,000 Electra chargers across roughly 800 locations in multiple European countries.
  • No more proprietary network: Mercedes will no longer invest in or maintain its own European charging sites. It will rely on third-party partnerships for fast-charging access.
  • US operations unaffected: The sale is limited to Europe. Mercedes-Benz's US charging operations continue as planned.

Why it matters for Canada

While the deal is European, it signals a broader industry shift: OEMs are increasingly ceding infrastructure ownership to dedicated operators. For Canadian EV buyers, the lesson is that manufacturer-branded chargers are becoming rarer, and the future of fast-charging access depends on roaming agreements between operators — a model already visible in North America with ChargeHub, EV Connect, and similar roaming hubs.

Paul Tonini, Electra's General Manager for Germany, told Electrive that the market is "increasingly consolidating around larger providers," making it difficult for smaller, OEM-owned networks to remain financially viable.

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