Einride

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Einride
EinrideLogo2020.png
NIST Sector Transportation
GICS Industrial Transportation
Smart Tag(s)
Business type Public
Year Founded 2016
Founder(s) Robert Falck
Filip Lilja
Linnéa Kornehed
City, State Stockholm
Country Sweden
Region Served Worldwide
Executives Robert Falck
Revenue $160,000€ 140,800 <br />£ 118,400 <br />CA$ 203,200 <br />CNY 1,012,800 <br />KRW 196,072 <br />
Number of employees 69
Sponsorship Level Of Interest
Members


Einride AB is a Swedish transport company based in Stockholm, Sweden, specializing in electric and self-driving vehicles known as Einride pods (formerly T-pods). The pods are electric trucks remotely controlled by drivers, and are notable for their lack of a driver’s cab.


link=Media:'"`UNIQ-NOPARSEhttps://opencommons.org/images/e/e6/BYD_and_Einride.pdf BYD Receives Electric Truck Order From Einride
BYD announced today that Swedish freight technology company Einride has purchased 200 Class 8 8TT battery-electric day cab trucks for deployment across the United States, the largest-ever order of its kind outside of Asia.
link=Media:'"`UNIQ-NOPARSEhttps://www.einride.tech/insights/the-future-of-shipping-now-live-in-the-us Einride arrived in the United States
Einride arrived in the United States via New York, entering the most competitive freight market in the world with new products, a promise of new jobs, and a bold vision for the future of transportation.

"If you're afraid of competition, you're afraid of winning. That's why we threw down our gloves and entered the U.S. market,” said Robert Falck, founder and CEO.

Details

The company was founded in 2016 by Robert Falck, Filip Lilja and Linnéa Kornehed. The company manufactures electric and self-driving vehicles. The company name is a reference to the Nordic god of thunder and lightning, Thor, and means "the lone rider". In the Spring of 2017, the company introduced their transport vehicle, the Einride Pod, an electric truck which does not contain a cabin. The first full-scale prototype of what was then called the T-Pod was revealed on July 4, 2017 at Almedalen Week in Visby, Sweden. Einride has announced their partnerships with Lidl in 2017 and DB Schenker in 2018. On July 12, 2018 as part of Future Lab at the Goodwood Festival of Speed, Einride launched the Einride timber Pod, an autonomous and all-electric logging truck.

On November 5, 2018, Einride launched the first commercial installation of the Einride Pod at a DB Schenker facility in Jönköping, Sweden. In May 2019, an Einride Pod started daily deliveries on a public road there; it is permitted to go at up to 5 km per hour.

On October 10, 2019 Einride raised $25 million in a Series A investment round led by private-equity firm EQT’s venture capital fund EQT Ventures and NordicNinja VC.

In June 2020, Einride introduced the freight mobility platform, a software suite that analyzes transport networks for electric or autonomous vehicle potential and provides recommendations for implementation.

In October 2020, Einride raised $10 million in additional funding led by existing investors led by Norrsken VC along with EQT Ventures fund, Nordic Ninja VC and Ericsson Ventures.

In March 2022, Einride investor Maersk ordered 300 Class 8 trucks through Einride, built by BYD in California.