TU-TESL

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(photo source: einride) according to foreign media reports, on October 10 local time, einride, a Swedish start-up company, announced that it had raised 25 million US dollars (about 178 million yuan) to continue to develop its electric transport vehicles and began to target the international market. The financing of einride is led by EQT ventures and Nordic Ninja VC, with Ericsson venture capital, norrsken foundation, plum alley investments and plug and play venture capital participating. Einride executives said the new money would be used to recruit staff, develop products and expand into the US market. Einride is headquartered in Sweden and was founded in 2016. The company has developed a software platform and modular autonomous electric vehicle einride pods, which can adapt to various loads. With the increasing global demand for commodities, the logistics system has been overwhelmed, so it is urgent to accelerate the development of more efficient and sustainable logistics system. In addition, einride has developed an autonomous electric transport system, which includes a platform for managing the fleet and the einride pods. Because einride pods have no cockpit, they are lighter and more efficient in using their power. Einride's business model is divided into two steps. On the one hand, it collaborate with other logistics companies to introduce its own self driving vehicles into other companies' convoys, such as cooperation with DB Schenker, a logistics provider. At the same time, Einride also works directly with supermarket chains Lidl and other companies to provide Einride Pods for autopilot. In recent years, the reconstruction of long-distance logistics industry has become a common focus of entrepreneurs and investors. Due to the high cost of fuel, the difficulty in recruiting and retaining truck drivers, and the low profit margin of long-distance logistics, the industry has the conditions for adopting disruptive solutions such as autonomous driving or electric vehicles. Starsky robotics, Thor trucks, Ike, pronto.ai, Aurora and Tucson are all building self driving trucks in the future, while Daimler and other auto giants are also developing their own self driving transport vehicles.