Einride News Updates

The addition is set to triple the size of Einride’s deployed fleet and extend its network across North America. It has previously used vehicles from Daimler Truck, Scania, MAN and BYD.

The Stockholm-based startup went public on the Nasdaq through a merger with blank-check firm Legato Merger at a pre-money equity valuation of about $1.35 billion. 

The Stockholm-based autonomous driving startup will combine with special purpose acquisition company Legato Merger and is set to raise $319 million in the process, the company said Nov. 12.

Einride, founded in 2016 in Sweden, has been considering a listing in the U.S.

Einride is shaking up its top management as the Swedish driverless truck startup lays the groundwork for a possible initial public offering.

The U.S. doesn’t have a standard testing protocol for electric vehicle supply equipment (EVSE), but dialogue between charging equipment providers and OEMs has to happen.

Einride will buy 150 Model 579EV battery-electric trucks from Peterbilt, the truck maker’s biggest EV order so far, the companies said.

An unmanned cargo vehicle operated by Swedish startup Einride has begun transporting goods on a regular basis for GE Appliances at a private site in Selmer, Tenn., the companies announced.

Freight mobility technology company Einride announced it secured $500 million in financing, including a Series C equity raise and a debt facility.

Electric truck maker Einride AB has received approvals to test its driverless vehicle on public roads in the U.S., paving the way for the company to conduct a pilot with partner GE Appliances.