1. Einride, an electric and autonomous truck startup based in Sweden, announced plans to go public through a merger with a Special Purpose Acquisition Company (SPAC).
- The deal, worth $1.8 billion in pre-money equity, is expected to generate approximately $219 million in gross proceeds.
2. The company aims to scale its business lines, including electric big rigs, autonomous pod-like trucks, and planning software for shippers.
- It currently operates a fleet of 200 heavy-duty electric trucks across Europe, North America, and the UAE for customers like Heineken, PepsiCo, and DP World.
- Some success has been achieved with autonomous pod-like trucks, serving clients such as Apotea in Sweden and GE Appliances in the United States.
3. The merger is expected to close in the first half of 2026, debuting Einride on the New York Stock Exchange. The company also seeks up to $100 million in additional funding via a private investment in public equity (PIPE) capital.
- The deal, worth $1.8 billion in pre-money equity, is expected to generate approximately $219 million in gross proceeds.
2. The company aims to scale its business lines, including electric big rigs, autonomous pod-like trucks, and planning software for shippers.
- It currently operates a fleet of 200 heavy-duty electric trucks across Europe, North America, and the UAE for customers like Heineken, PepsiCo, and DP World.
- Some success has been achieved with autonomous pod-like trucks, serving clients such as Apotea in Sweden and GE Appliances in the United States.
3. The merger is expected to close in the first half of 2026, debuting Einride on the New York Stock Exchange. The company also seeks up to $100 million in additional funding via a private investment in public equity (PIPE) capital.
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Summary
Swedish electric and autonomous truck startup, Einride, plans to go public through a SPAC merger worth $1.8 billion in pre-money equity, generating approximately $219 million in gross proceeds. The company aims to scale its business lines, including electric big rigs, autonomous pod-like trucks,
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ID: 8e7692f0-3132-4892-a16c-3af1c4da324c
Category ID: listed_summary
Date: Nov. 12, 2025
Notes: 2025-11-12
Created: 2025/11/12 20:42
Updated: 2025/12/07 22:18
Last Read: 2025/11/13 08:05