Autonomous Trucks
Despite a slow funding environment in Europe last year, Swedish EV startup Einride managed to keep its foot on the growth pedal. According to sources close to the company, Einride’s annual contracts growth rate in the last couple of years has hit 700%, with customer contracts now valued at more than €3bn. Contracts in the makingAt the end of last year, Swedish outlet Di Digital reported that Einride had about €1.7bn worth in signed future contracts — including operational deals and joint business contracts. A transport distribution companyFalck describes Einride as a transport distribution company, centred around its freight mobility ecosystem. And with vehicle suppliers transitioning their production lines to electric vehicles, Einride sees opportunities to expand its fleet there as well as in Europe, Falck says.