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Sweden's Einride to deploy 75 electric trucks for Amazon's US freight [Yahoo! Finance Canada]
Last amazon.com, inc. earnings: 4/30 04:01 pm
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US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
heavy-duty trucks and supporting charging infrastructure across five U.S. ?locations for the e-commerce giant's freight network. Here are the details: • Einride said its proprietary optimization software, Saga AI, will be used to manage ?electric vehicle execution ?for select Amazon loads, including charging planning. • The financial terms of the ?partnership were not disclosed. • The U.S. electric trucking market has struggled to match early expectations, following ?setbacks at ?companies such as ?Nikola and a slower-than-anticipated ?rollout of Amazon's electric delivery vans developed with Rivian. • Amazon has been increasingly leaning on operators such as Einride, which provide vehicles, charging infrastructure and fleet-management software, allowing the company to ?advance electrification efforts without ?directly owning and operating all ?assets. • In ?February, Einride said it had raised ?around $113 million of private investment ?in public ?equity. • Einride is p
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