Einride, a Swedish tech developer for autonomous and electric trucks, has expanded its operations into the UK. The company will be offering its end-to-end road freight solution, which includes an ecosystem of products such as the intelligent platform Einride Saga, electric and autonomous fleets, charging infrastructure, and connectivity networks. Einride plans to establish a regional freight mobility grid along the M1, M5, and M6 between the cities of London, Sheffield, Manchester, Birmingham, and Bristol.

Furthermore, Einride has established a three-year partnership with PepsiCo subsidiary Walkers in the UK. Under this partnership, the latter will have an initial deployment using Einride-connected EVs between Walkers’ manufacturing sites in Leicester and Coventry. The companies hope to reduce the equivalent of over 1,600 tons of CO2 emissions over the partnership period.

Analyst QuickTake: This expansion comes following Einride’s USD 500 million fund raise in December 2022. The company intended to use part of the proceeds to fund geographical expansion into new and existing markets across Europe and North America. Looking forward, the company intends to establish an extensive network of partners as it expands further into the UK and Ireland. The company already expanded operations to Germany, Belgium, Luxembourg, the Netherlands, and Norway over 2022.