Freight Routes Einride Purchases 500 Tesla Semi

From Thomas Günnel | Translated by AI 1 min Reading Time

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Einride purchases 500 Tesla Semi electric trucks. The trucks are set to operate within their own network. Tesla plans to present the e-truck at the IAA Transportation.

Einride integrates the Tesla Semi into its network.(Source:  Tesla)
Einride integrates the Tesla Semi into its network.
(Source: Tesla)

Einride is integrating 500 Tesla Semi trucks into its fleet management platform "Saga AI," tripling its electric truck fleet. This involves freight routes in North America, specifically in California, Texas, New Jersey, Illinois, and Georgia. Amazon and other unnamed companies are involved. The project is set to start in September. Within two years, all trucks are expected to be on the road, fully financed by third parties.

The "Saga AI" software connects fleets of individual electric trucks into a network. Each truck and every kilometer driven provides operational data for the platform. According to Einride, this improves the efficiency of the network over time. After seven years in service, Saga AI has already enabled over 19 million electric kilometers and 42,000 so-called optimization sessions worldwide, according to Einride.

Tesla Semi at the IAA Transportation

With the new capacities, Einride aims to convert potential, long-term recurring annual revenue of around 800 million USD with shippers into active, revenue-generating freight capacity. Customers also have the chance to obtain a Tesla Semi with a longer range sooner. Tesla recently announced plans to bring the Semi to the IAA Transportation in Hanover.

About Einride

Einride was founded in 2016 in Stockholm. The company develops an AI-driven platform for freight information, offers proprietary autonomous technology, and operates one of the world's largest fleets of electric heavy-duty vehicles. The company is active in North America, Europe, and the Middle East with a dual business model. It includes Freight-Capacity-as-a-Service and a Software-as-a-Service platform.

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