Einride targets 1,500 trucks by 2028 with Tesla and DAF deals

Einride's first public earnings pair 26% revenue growth with a driverless freight plan to triple its fleet on Tesla and DAF trucks by 2028.

Einride targets 1,500 trucks by 2028 with Tesla and DAF deals
Source image: FreightWaves

Einride's first public earnings pair 26% revenue growth with a driverless freight plan to triple its fleet on Tesla and DAF trucks by 2028.

What happened

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Why it matters

Einride reported Tuesday a first-half revenue of SEK 273 million ($27 million), up 26% year over year on a constant-currency basis. It was the Swedish company’s first earnings release since its June 10 Nasdaq listing. Management expects growth to accelerate to between 60% and 73% in the second half.

The company is pairing that outlook with two new partnerships. Six days before the earnings, Einride announced a joint initiative with DAF Trucks to integrate its autonomous driving system into DAF’s electric truck platform. It also disclosed plans to deploy 500 Tesla Semi trucks on its Saga AI platform, financed through third-party structures. That single deal would triple the current fleet of roughly 250 vehicles to about 750.

Einride is targeting cash-flow breakeven in 2028 with between 1,500 and 2,000 trucks in operation. Roughly $800 million of potential long-term annual recurring revenue sits in joint business plans with customers.

This news brief is based on reporting published by FreightWaves on 2026-08-20. The original report is linked below.

Original source

FreightWaves

https://www.freightwaves.com/news/einride-daf-driverless-freight

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