Nvidia and Einride partner to scale autonomous electric trucking
Einride shares jump after the Swedish freight startup says it will build its next-gen autonomous trucks on Nvidia's Hyperion platform.
What to know
- Einride will adapt Nvidia's DRIVE Hyperion platform, Halos safety framework and Cosmos synthetic-data tools for heavy-duty autonomous trucking.
- Einride shares rose about 8% following the partnership announcement.
- Einride projects its fleet could grow from hundreds of trucks today to 1,500–2,000 vehicles by 2028, with about 80% of current customer demand automatable in the medium term.
- The deal follows Einride's summer Nasdaq debut via SPAC merger, which valued the company at $1.35 billion.
Henrik Green Chief Technology Officer, EinrideRishi Dhall Vice President of Automotive, NvidiaEinride Swedish autonomous electric trucking companyNvidia Compute and AI platform provider
How it unfolded 2 developments, newest first · click a bar or a number to jump articlesposts
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Details emerge on the Nvidia-Einride technical partnership
Reporting detailed that Einride will adapt Nvidia's DRIVE Hyperion compute/sensor platform, Halos safety framework and Cosmos synthetic-data tool for heavy-duty trucks, running Nvidia Blackwell hardware via an Nvidia Exemplar Cloud partner, with a fleet growth target of 1,500–2,000 vehicles by 2028.
“We have the customers, the operational experience and the technology. Building the next generation of the Einride Driver on the Nvidia Hyperion platform, will enable us to scale autonomous deployment across a freight network that's already serving customers today.”
— Henrik Green, Einride CTO -
1 outlet Nvidia is partnering with Swedish autonomous truck startup Einride to scale its self-driving fleet
first by Quartz, 5d ago
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Einride and Nvidia announce autonomous trucking partnership
Einride announced a collaboration with Nvidia to accelerate its freight network's shift to autonomous operations, and Einride shares surged roughly 8% following the announcement.
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first by Seeking Alpha, 5d ago · also Yahoo Finance
3 more headlines
- Nvidia to Support Scale-Up of Autonomous Trucks at Sweden’s Einride Yahoo Finance · 5d ago
- Einride jumps 8% on Nvidia autonomous trucking deal Seeking Alpha · 5d ago
- Nvidia backs Einride expansion of autonomous electric trucks Seeking Alpha · 5d ago
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1 outlet first by FreightWaves, 2d ago · read ↗
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background
Einride debuts on Nasdaq via SPAC merger — Einride went public on Nasdaq this summer through a merger with blank-check firm Legato Merger Corp. III, a deal valuing the company's equity at $1.35 billion excluding proceeds.
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background
Einride adds 75 trucks to Amazon's middle-mile fleet — Earlier in the year, Einride added 75 manually operated electric trucks to Amazon's middle-mile freight operations, a deal that did not include autonomous vehicles.