Einride strikes deal to add 500 Tesla Semis to its fleet
Einride will buy the Tesla Semis, which will be made to Amazon and other customers.
Swedish electric trucking company Einride announced a deal to acquire 500 Tesla Semis, which will be integrated into its fleet over the next two years. Starting in September, the company will utilize its Saga AI fleet management platform to offer customers the benefits of electric trucks without the costs and logistics of ownership.
Einride's CEO, Roozbeh Charli, emphasized that this deployment demonstrates the company's ability to execute at the scale demanded by customers. The Tesla Semis will be available to customers across North America, particularly in key corridors in California, Georgia, New Jersey, and Texas. The company will finance the purchase through a third party and expects the deal to convert $800 million in potential long-term annual recurring revenue into actual revenue.
This strategic move comes after Einride previously partnered with Amazon to add 75 electric heavy-duty trucks and acquire EV charging company Flipturn, which enables it to offer customers a comprehensive package of electric truck services and charging infrastructure.
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