Einride Sues Maersk Over Abandoned Electric Truck Deal
Swedish electric-truck manufacturer Einride has filed a lawsuit against Danish logistics giant A.P. Moller–Maersk over the cancellation of an agreement to deploy 300 battery-electric trucks in the US from 2023 to 2025.Key TakeawaysEinride initiated legal action against Maersk over a halted deal for 300 electric trucks.The lawsuit alleges that Maersk failed to meet its sales targets and pulled out of the agreement.Maersk counters that Einride did not deliver on its commitments, leading to contract termination in November 2024.In a heavily redacted court filing, Einride claims that Maersk withdrew from the partnership due to an inability to meet sales targets for electric capacity. The agreement was announced in 2022 and promised to deliver 300 battery-electric trucks by 2025.Maersk disputes...
