Einride AB, a Swedish transport company specializing in electric and self-driving vehicles, is considered a rival of Tesla’s Semi trucks since it also produces such types of electrified vehicles made for deliveries. It has now got its chance to enter into the freight business in the United Kingdom after winning a deal with PepsiCo.
Through the agreement with PepsiCo, Einride will be able to bring its electric trucks to the U.K. Based on the deal, the Swedish electric vehicle maker will supply its electric trucks for the transportation of PepsiCo’s Walkers chips in the said region.
This will be the very first venture of Einride in the U.K. market. For starters, it will provide PepsiCo with two electric semi-trucks, which will be used to transport the company’s goods starting in July.
As per CNBC, the contract with the American food, snack, and beverage company will also serve as Einride’s ticket to gain a foothold in the United Kingdom. On the side of PepsiCo, the electric semi-trucks will help it achieve its goal of decarbonizing its fleet operations.
In October 2022, Einride electric vehicles were tested by GE Appliances for its deliveries. The testing was carried out without a safety driver on board, and the trucks traversed public roads in the United States. But in the U.K., Einride said that its semi-trucks would be driven by human operators.
“The UK has always been at the forefront of transport history. The efficient and innovative movement of goods has consistently been integral to the growth and prosperity of the UK, with the British pioneering both the railway system and canal networks,” Einride’s founder and chief executive officer, Robert Falck, said in a press release. “We are honored to be here, teaming up with local partners to further establish the UK as a transport pioneer and ultimately help the country meet its net zero goals.”


Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning
DBS Expects Slight Dip in 2026 Net Profit After Q4 Earnings Miss on Lower Interest Margins
U.S. Stock Futures Rise as Markets Brace for Jobs and Inflation Data
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
Anta Sports Expands Global Footprint With Strategic Puma Stake
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Australian Pension Funds Boost Currency Hedging as Aussie Dollar Strengthens
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
Samsung Electronics Shares Jump on HBM4 Mass Production Report 



