Revenue rose 26% to $27 million in the first half. Management expects 60–73% growth in the second half while scaling via partner trucks.
Einride is buying charging software company Flipturn in an all-stock deal that more than doubles its energy under management across North America’s freight sector.
Einride began trading on Nasdaq after completing its de-SPAC. The company is scaling both electric trucks and cabless autonomous vehicles.
Autonomous trucking is expanding beyond the Sun Belt and into Ohio. Einride and EASE Logistics announced Monday the deployment of SAE Level 4 (L4) autonomous electric trucks in a proof-of-concept service. The trucks will operate between EASE Logistics warehouses in Marysville, Ohio. The deployment is an extension of the Ohio Department of Transportation and DriveOhio’s […]
Einride filed Form F-4 for its $1.35 billion SPAC merger with Legato and is deploying 75 electric trucks for Amazon across five U.S. locations.
Einride raised $113 million in an oversubscribed PIPE that surpassed its $100 million target, bringing total committed investments to $213 million and positioning the Swedish company for a 2026 NYSE debut under the ticker ENRD.
Transaction valued at $1.8 billion for Swedish autonomous and electric truck technology company
Sweden-based freight tech innovator Einride has raised $100 million to accelerate the deployment of its autonomous and electric freight solutions while expanding its global footprint. The funding round drew participation from existing investors, including EQT Ventures, a West Coast-based asset manager, and a strategic investment from quantum computing leader IonQ, signaling strong confidence in the […]
Roozbeh Charll, Einride’s CFO, will take over as CEO. The leadership shuffle comes as the company considers an IPO in the U.S.
A new study projecting adoption of hydrogen internal combustion engines over the next decade suggests modest adoption.
As electrification and infrastructure startups mature, banks get interested in lending money to help the best of them grow.
Perpetually troubled electric van maker Workhorse Group may be in worse shape than it appears. Little cash and slack orders are two factors.
Positive developments in the hydrogen space glossed over some tough underlying issues like sky-high hydrogen prices.
WattEV continues to roll up a lion’s share of federal infrastructure grants as it plots electric charging corridors
Uber Freight has more than 100 shipper companies lined up to run autonomous freight, but the capacity just doesn’t exist yet.
A review of the state of SPAC-sponsored and other electrification startup shows a less-than-pretty picture.
Can Outrider hold onto its healthy lead in distribution yard autonomy as competition begins to form?
Swedish startup Einride reduces the carbon footprint of its trucking customers by matching electric trucks with available chargers.
Battery chemistry will play a critical role in advancing electric trucking beyond regional and drayage hauling.
Transportation startups that went for easy SPAC money never thought times would turn so ugly – certainly not so fast.
