October 4, 2020 | technology | No Comments
For the past four years, Swedish startup Einride has captured interest, investment and even a few customer contracts for its unusual-looking pods — electric and autonomous vehicles that are designed to carry freight. But progress in developing, testing and validating autonomous vehicles — particularly ones that don’t even have space for a driver and rely on teleoperations — is an expensive and time-consuming task.
The company has made some progress with its T-Pod vehicles; four of them are on public roads today and even carry freight for customer Oatly, the Swedish food producer. Now, a year after raising $25 million, the company said it has another $10 million coming in from its existing investors.
The announcement comes ahead of a new vehicle the Einride will unveil October 8. Not much is known about the vehicle; Einride has only supplied a short and obscure teaser video.
Einride said the $10 million