Autonomous electric truck startup Einride has secured $500 million in financing, including both a Series C equity raise and a debt facility.
The debt financing, which is the largest asset-backed facility to date for heavy-duty electric vehicles, will provide transformative funding for Einride’s fleet of electric vehicles across the world.
The Series C provides a next step in the funding of new developments and deployments across Einride’s autonomous and digital offerings, as well as expanding Einride’s offerings to new markets and clients. [Read more…] about Autonomous truck startup Einride raises $500 million in new funding