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Robert Falck, the founder of electric and autonomous trucking startup Einride, is stepping down from the role of CEO as the company works toward scaling its technology, raising more funds, and exploring the possibility of an IPO.
Falck will transition to the role of executive chairman of the board where he will focus on Einride’s long-term strategy. Einride’s CFO, Roozbeh Charli, will take over the role of chief executive effective immediately.
Falck founded Einride in 2016 with a mission to transform the carbon-emitting trucking industry. He has spoken about his goals for Einride to disrupt the freight industry with electric trucks and electric autonomous pods.
Charli intends to further Falck’s mission and help the company scale responsibly beyond its current market. Einride currently operates one of the largest fleets of heavy-duty electric trucks in Europe, North America, and the Middle East, servicing companies like PepsiCo, Carlsberg Sweden, and DP World.
Einride has raised $654.26 million to date, with the company last publicly announcing its $500 million round in 2022. Falck mentioned the need for more working capital to reach profitability, pointing out that Einride had hit roughly $5 billion in contracted revenue and had $50 million annual recurring revenue for 2024.
