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Transactions - MAY 9, 2024

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Electrada and Holman team up to launch comprehensive electrification program

by Kali Persall

Electrada, an electric fuel solutions company, has signed an agreement with Red Bull Distribution Co. to provide the electric fuel component for Red Bull’s strategy to electrify its fleet.

This initiative commences the electrification of Red Bull’s distribution fleet across multiple California sites and represents a significant milestone in Red Bull’s comprehensive sustainability efforts.

This program was initiated through Electrada’s program partnership with Holman, a global automotive services organization. Holman and Electrada’s strategic partnership helps North American fleet operators accelerate, scale and reliably integrate EVs into their fleet mix. This collaboration leverages the partners’ holistic electrification solution, delivered through Electrada’s performance-contracted 360 Charging-as-a-Service (360 CaaS) complete electric fuel solution.

Together, Holman and Electrada offer fleet operators a comprehensive fleet management and electri

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