Swedish driverless truck start-up in talks with banks for US IPO

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Financial Times 13h ago

Swedish driverless truck start-up in talks with banks for US IPO - Financial Times

Quick Summary:

Einride is also set to announce this week that it has started operations in the UAE on what is perhaps the largest autonomous truck project in the world.

A year later, it became the first group to deploy a fully autonomous truck on a public road.

Consultancy McKinsey estimates that the autonomous heavy-duty trucking market will generate revenue of $616bn in 2035, of which $327bn would come from China, $178bn from the US and $112bn from Europe.