Einride AB Reports Growth Acceleration & Fleet Scale Moves Towards 2028 – Quarterly Update Report

Einride AB reported a 26% growth in constant-currency revenue to $27 million in the first half of 2026, with guidance for a 60%-73% increase in the second half. The company's fleet is on track to reach 400 vehicles by year end, as Amazon's 75-truck rollout and Tesla's 500-truck Semi program expand capacity. The fleet already stands at 5,400+ driverless hours, and Flipturn has added 5,000+ charging ports and 250 MW of software-managed capacity.

ENRD's revenue guidance for 2H26 is $39-$42 million, up 60%-73% year-over-year. The company's transition from contracted demand to scaled deployment is evident, with signed capacity beginning to convert into a faster revenue growth profile in the second half of the year. Amazon's deployment of electric heavy-duty trucks and the initial Tesla Semi rollout are key growth drivers, shifting the principal near-term growth constraint toward deployment capacity and execution as signed demand moves into operations.

ENRD's customer base now includes 32 customers across seven countries, with cumulative operating activity exceeding 560,000 shipments. The $800 million+ Joint Business Plans figure remains non-binding, but much of the near-term growth has already moved from JBP into contracted business awaiting deployment.