Sign up to save tools and stay up to date with the latest in AI
bg
bg
1

Einride founder steps down as CEO amid push to scale electric, autonomous trucks | TechCrunch

May 21, 2025 - techcrunch.com
Robert Falck, founder of the electric and autonomous trucking startup Einride, is stepping down as CEO to become the executive chairman of the board, focusing on the company's long-term strategy and potential IPO. Roozbeh Charli, Einride's CFO, will assume the role of CEO, having contributed to the company's operational and commercial growth in Europe and North America. Falck, who founded Einride in 2016, aims to transform the trucking industry with electric and autonomous vehicles. Under his leadership, Einride has developed one of the largest fleets of heavy-duty electric trucks, servicing major companies like PepsiCo and Carlsberg Sweden.

Einride has raised $654.26 million to date, with its last major funding round of $500 million announced in 2022. The company seeks to raise an additional $100 million to achieve the scale needed for profitability, with current contracted revenue at approximately $5 billion and projected annual recurring revenue of $50 million for 2024. Charli plans to continue Falck's mission and expand Einride's market presence responsibly.

Key takeaways:

  • Robert Falck, founder of Einride, is stepping down as CEO to become executive chairman, focusing on long-term strategy and potential IPO.
  • Roozbeh Charli, Einride's CFO, will take over as CEO, having helped build the company's operational infrastructure and commercial momentum.
  • Einride operates a large fleet of electric trucks in Europe, North America, and the Middle East, serving major companies like PepsiCo and Carlsberg Sweden.
  • The company has raised $654.26 million to date and aims to raise an additional $100 million to reach profitability, with $5 billion in contracted revenue and $50 million in annual recurring revenue projected for 2024.
View Full Article

Comments (0)

Be the first to comment!