Autonomous EV freight developer Einride continues to expand its global footprint of commercial vehicles, announcing plans to sustainably transport goods in the UK. Together with the Walkers brand under the PepsiCo umbrella, Einride’s electric vehicles are expected to reduce thousands of tons of CO2 emissions over the next three years.
Einride is a Swedish freight technology company founded in 2016 that develops electrified commercial vehicles and fully autonomous Class 8 trucks, in addition to the fleet software to manage them. Following expansion news into the US, Einride’s fully autonomous “Pod” EVs have been navigating roads stateside under the watch of Remote Pod Operators.
In addition to the US, the commercial EV company has expanded the capabilities of its autonomous and electric truck operations to other territories like Belgium, the Netherlands, Luxembourg, Norway, and, most recently, Germany.
Following a fresh round of financing awarded this past December, Einride is continuing to electrify freight mobility across new markets, which now includes the UK.
Credit: Einride
Einride to provide UK with end-to-end freight solution
The electric freight mobility specialist shared the details of its latest expansion in a press release today, hoping to help propel the UK to a net zero future. According to the UK’s Department of Transport, around 1.4 billion tons of goods are transported by road each year, and that freight transportation process is responsible for over 20% of domestic carbon emissions.
To combat this, Einride is implementing its entire ecosystem of electric and autonomous fleet vehicles in the UK, bolstered by its proprietary platform software, Einride Saga. As you can see in the grid map above, Einride’s initial rollout will establish a regional freight route between the major cities of London, Sheffield, Manchester, Birmingham and Bristol – navigating the M1, M5, and M6 roadways. Einride founder and CEO Robert Falck spoke to the company’s latest expansion into the UK:
The UK has always been at the forefront of transport history. The efficient and innovative movement of goods has consistently been integral to the growth and prosperity of the UK, with the British pioneering both the railway system and canal networks. We’re honored to be here, teaming up with local partners to further establish the UK as a transport pioneer and ultimately help the country meet its net zero goals.
One of the local partners Falck refers to is Walkers – a sub-brand of PepsiCo. As Einride’s first commercial partner in the UK, PepsiCo will be the first to utilize the company’s electric commercial trucks to transport goods between the Walkers manufacturing sites in Leicester and Coventry.
Einride states that over the course of the new three-year partnership, its vehicles are expected to navigate over 750,000 miles of road previously inhabited by fossil-fuel trucks, replacing the equivalent of 1,600 tons of CO2 emissions with clean, sustainable freight.
Looking ahead, Einride intends to expand its network of partners in the UK and Ireland, scaling the grid of its all-electric trucks. Once it has reached critical mass volume in the region, Einride says it will begin introducing its autonomous heavy-duty trucks monitored by remote operators.
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BYD claims its new EV supercar has “the world’s strongest horsepower” after showing it off for the first time. The Yangwang U9 02 test car packs nearly 3,000 hp, and it’s coming for Ferrari.
Meet the 3,000 hp BYD Yangwang U9 02 EV supercar
China’s EV leader is at it again. In a trailer that resembled a promotional video for a new Fast and Furious movie, BYD unveiled the new Yangwang U9 02 for the first time.
BYD boasted its new Yangwang EV supercar has “the world’s strongest horsepower of over 3,000 Ps,” or just under 3,000 hp.
The trailer builds hype as the garage doors slowly rise, unveiling the Yangwang U9 with a white “02” badge on the hood. From the back, you can see the test car is designed for maximum performance with vortex generators, a small lip spoiler, and other added elements for better aerodynamics.
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BYD is keeping most details secret for now, but we do know it’s looking to break another global record. The video was accompanied by the caption “#GlobalElectricCarSpeedNewRecord.”
By chasing speed, we discovered possibility. By building our dream, we became fearless.
The new test car comes after BYD announced the Yangwang U9 Track Edition model set a new global speed record for electric vehicles just last month, after hitting a ridiculous 472.41 km/h, or around 293 mph.
After the milestone, BYD said it was “the first time a Chinese domestic brand achieved a world record in this field.” Now, it looks like BYD is gunning for even more.
The BYD Yangwang U9 Track Edition model (Source: BYD)
The Yangwang U9 Track Edition features the world’s first mass-produced 1,200V ultra-high-volt platform. It uses the same e4 platform and DiSus-X architecture, enabling it to “dance” and jump over obstacles.
BYD said its quad-motor system is the first in the world rated at 30,000 rpm, delivering a combined output of over 3,000 PS (2,959 hp).
Inside the Yangwang U9 electric supercar (Source: BYD)
With a power-to-weight ratio of 1,217 PS per tonne, the Yangwang U9 Track Edition outmuscles most hypercars today.
We should learn more about the Yangwang U9 02 soon. Check back for an official launch date, final specs, and pricing.
The Yangwang U9 starts at just 1,680,000 yuan in China, or around $233,000. Although it may sound pricey compared to most of BYD’s low-cost EVs, the EV supercar is still about half the price of a Ferrari SF90 Stradale. Not only is it faster, it’s also much more advanced, packing BYD’s highest level technology and software.
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Fully autonomous technology developer Waymo announced a new partnership with rideshare network Lyft to offer driverless robotaxi rides to customers in Nashville, Tennessee.
As promised, robotaxi developer Waymo is expanding its Waymo One service to more and more cities around the US. Before today’s expansion news to Nashville, Waymo already operated autonomous vehicles in cities like Los Angeles, San Francisco, and Phoenix.
Most recently, Waymo announced additional expansion plans in Dallas through a new partnership with Avis, which will handle fleet maintenance in the region. Today, Waymo has confirmed yet another partner in Lyft, which will assist in offering riders in Nashville convenient robotaxi rides
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Source: Lyft
Lyft to begin Waymo robotaxi rides in Nashville next year
This morning, both Lyft and Waymo published press releases outlining their new partnership, which will enable public robotaxi rides around the musical streets of Nashville as early as next year. Waymo co-CEO Tekedra Mawakana spoke about the new partnership:
We’re delighted to partner with Lyft and launch in Nashville next year, as we continue to scale our Waymo ride-hailing service to more people in more places. Lyft’s extensive fleet management capabilities through Flexdrive make them an ideal partner for expanding to Nashville. We can’t wait to introduce Music City’s residents and visitors to the convenient, consistent, safe, and magical Waymo experience.
To begin, Waymo says it intends to begin deploying its robotaxi vehicles in Music City in the coming months. From there, public rides will start with the help of Lyft’s fleet management subsidiary, Flexdrive. Per Waymo, Nashville riders will initially be able to hail a robotaxi from the company’s app, which will eventually expand to the Lyft app. Lyft CEO David Risher also commented:
This partnership brings together best-in-class autonomous vehicles with best-in-class customer experience. Waymo has proven that its autonomous technology works at scale. When combined with Lyft’s customer-obsession and world-class fleet management capabilities, it’s two great tastes that go great together.
Watch for the Waymo One robotaxis around Nashville in the coming months!
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The Santos Ltd. Logo atop Santos Place building, which houses the company’s office, in Brisbane, Australia, on Monday, Dec. 11, 2023.
Bloomberg | Bloomberg | Getty Images
Abu Dhabi’s National Oil Company has walked away from its $19 billion offer for Australia’s Santos, ending months of speculation over what would have been one of the country’s largest energy deals.
The consortium, which includes Abu Dhabi sovereign wealth fund ADQ and investment firm Carlyle, made the $19 billion indicative offer for Santos in June, but confirmed on Wednesday that it will not proceed with a binding takeover.
“It’s over,” a source familiar with the matter told CNBC. “The reality is, during the process, Santos was inflexible,” the source added. CNBC understands the XRG-led consortium had key concerns around value, tax, and the timeliness of disclosure.
The source also described the Santos negotiation team as “unrealistic” and said that this was “not the outcome” Abu Dhabi’s XRG was hoping for.
XRG said a “combination of factors” derailed its third attempt at securing Santos, which Abu Dhabi had hoped would bolster its ambitions to export LNG into the Asia markets. It’s understood other issues, such as a lack of communication and inflexibility over capital gains tax, and recent media reports over environmental risks that the consortium was not previously aware of, were part of the broader issues that derailed the deal.
Although talks with Santos have collapsed, the consortium is still expected to explore opportunities in Australia’s energy sector. Sources familiar with the matter also emphasised that regulatory approvals, and unions, were not a concern, calling the decision “purely commercial.”
XRG, which has an enterprise value of $80 billion, recently took control of ADNOC’s listed subsidiaries, in a move to strengthen its financial position to seek out global energy deals.
Santos, headquartered in Adelaide, has been the subject of repeated takeover interest as global demand for natural gas accelerates alongside the energy transition. The company plays a key role in supplying LNG to Asian buyers, and has been a strategic target for international investors.