Einride (ENRD) is expanding its partnership with Lidl in Sweden to increase the number of electric kilometers operated by Einride on behalf of the grocery retailer to 832,000 kilometers annually from 474,000, Einride said Tuesday.
The partnership will now expand to include longer-haul transport and increased capacity to Varmland, Ostergotland, Malardalen, Dalarna, and parts of Vastergotland and Smaland.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.