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A new era for autonomous transport solutions; Einride shares successes and the vision for the future.

Einride, pioneering the way in autonomous road freight transport, proudly announces that 2023 has marked itself as one of the most successful years in the company's history. Despite the complex challenges and varied market conditions prevailing globally throughout the year, Einride has demonstrated resilience and adaptability to changes, strengthening its position as an innovative force within the transportation sector. Looking towards the new year, 2024, Einride is committed to renewing its focus on enhancing its commitment to collaboration for a sustainable future.

In 2023, Einride achieved triumph by surpassing expectations and overcoming challenges in the dynamic world of autonomous road freight transport. The year was characterized by groundbreaking achievements and progress, where the company not only met but exceeded its goals. Einride emerges as a trailblazer in the industry, and its impressive accomplishments throughout the year have solidified its position as a leading player in autonomous transportation.

In 2023, Einride successfully implemented electric capacity with numerous global clients, including Maersk, PepsiCo, Wallenius Wilhelmsen, and Kaufland. The company also expanded its operations to the United Kingdom and Norway. Just before the year-end, significant strides were made in concluding Einride's Series C financing round, and the inaugural Einride Smartcharger Station was inaugurated in Stockholm, marking a crucial step towards establishing infrastructure that supports sustainable and efficient charging. However, the most notable achievement is the fact that Einride's autonomous trucks are now operating full-time in the United States, launching fully autonomous operations with over 3,000 units delivered to GE Appliances so far. The successful implementation of autonomous transport in the large market is expected not only to enhance efficiency but also to set the tone for future global expansions.

In addition, HEINEKEN and Einride announce that they have jointly initiated a groundbreaking project to transform freight transport and significantly reduce carbon dioxide emissions. By employing electric transport vehicles powered by renewable energy between HEINEKEN's brewery in Den Bosch, Netherlands, and the distribution center in Duisburg, Germany, they expect to annually reduce emissions by approximately 930 tons of CO². This represents a crucial initial step towards creating carbon-neutral transport solutions. Given HEINEKEN's overarching goal of achieving net-zero carbon emissions by 2040, where logistics emissions account for 12% of the total footprint, this collaboration holds significant importance.

Finally, Zpark Energy Systems has entered an exciting partnership with Einride, Chalmers University of Technology, and RISE to explore innovative business models within electric vehicles and charging solutions. Supported by FFI, the project has been underway since Q3 2022 and is expected to continue until early 2025. The focus is on investigating how retired batteries from electric vehicles can be repurposed as stationary energy storage systems to charge heavy electric trucks. The goal is to enhance cost efficiency within the electrified transport system and alleviate the strain on the power grid.

Einride's vision for 2024 not only includes maintaining its position as a leading player in autonomous transport but also actively contributing to a greener and more sustainable future. The company recognizes the growing need to address climate challenges and sustainability issues within the transportation sector, especially after being present at COP28 in Dubai, UAE. By joining forces with its partners and customers, Einride aims to be a driving force in the development of sustainable transport solutions, thereby influencing the entire industry towards a more environmentally friendly and efficient future.

Einride also shares news about Einride Autonomous Technologies, a recently established business unit within Einride focusing on the development of autonomous technology for freight. Henrik Green, General Manager for Autonomous Technologies, has been leading this unit since the summer and will continue to build on the progress made so far. The establishment of the new unit provides clear focus and leadership in this area, as well as additional opportunities to explore partnerships to strengthen Einride's position as a market leader in the commercialization of automation for road freight transport.