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Einride appoints Tesla-experienced CFO Anubhav Verma ahead of 2025 US IPO

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  Published in Business and Finance on Monday, November 24th 2025 at 9:01 GMT by reuters.com

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Einride appoints Anubhav Verma as chief financial officer in preparation for 2025 U.S. IPO

Swedish autonomous trucking specialist Einride (NYSE: EIR) announced on Thursday that it has hired former Tesla executive Anubhav Verma as its new chief financial officer (CFO). Verma, who has a decade of experience raising capital for high‑growth technology firms, will report to the company’s CEO, Kosta Brolsgaard, and is expected to spearhead Einride’s financial strategy as it gears up for a U.S. public debut slated for 2025.

The appointment comes at a pivotal moment for Einride, which has built a reputation for pioneering electric semi‑trucks and autonomous fleet‑control software. Since its founding in 2016, the company has raised roughly $250 million in equity and debt financing, including a $200 million equity round led by a consortium of venture investors in June 2023. The funding has been earmarked for scaling its “Ullo” modular electric truck platform, expanding its autonomous‑driving stack, and bolstering its global logistics network.

A seasoned capital‑market expert

Verma’s résumé is rooted in the electric‑vehicle sector. He previously served as the finance director at Tesla, where he was credited with streamlining the company’s treasury operations and managing the $2.8 billion bond issuance that helped Tesla pay for its Gigafactory expansions. Prior to that, he was the chief financial officer at Rivian, the U.S. electric‑vehicle startup that recently closed a $12 billion Series D round.

“We are thrilled to welcome Anubhav to the Einride team,” said CEO Kosta Brolsgaard in a statement. “His deep experience in the electric‑vehicle and autonomous‑driving sectors will be instrumental as we prepare for a U.S. IPO and continue to scale our operations.”

Verma, who holds an MBA from Stanford and a B.S. in Electrical Engineering from IIT Bombay, is also known for his hands‑on approach to financial management. In a Reuters interview, he explained that his role will focus on “optimizing the capital structure, aligning the financial strategy with the company’s long‑term growth plans, and ensuring transparent disclosure practices ahead of the U.S. listing.”

Einride’s U.S. debut strategy

The company’s U.S. IPO has been on the horizon for several years. In February 2023, Einride filed a preliminary registration statement with the U.S. Securities and Exchange Commission (SEC) for an IPO that it intends to list on the Nasdaq. The filing disclosed that Einride would aim to raise approximately $400 million to fund research and development of its autonomous‑driving platform and to expand its logistics partnerships across North America.

Verma’s arrival is seen as a strategic move to strengthen the firm’s financial footing and to navigate the regulatory complexities of a U.S. listing. “The U.S. market presents both opportunities and challenges,” he said. “We need a CFO who not only brings robust capital‑raising experience but also understands the evolving regulatory landscape for autonomous and electric‑vehicle firms.”

Einride’s “Ullo” platform, a modular electric truck that can be configured for different payloads, is already in pilot projects with major logistics players such as DHL and UPS in Sweden. The company’s autonomous control software, “Einride Control,” leverages deep‑learning algorithms to manage fleet traffic, optimize energy consumption, and enhance safety. As the company plans to deploy its first fully autonomous trucks on U.S. roads by 2026, the CFO’s role will also involve coordinating with U.S. regulators such as the Department of Transportation and the Federal Motor Carrier Safety Administration.

Financial outlook and market positioning

Einride’s financials have shown steady improvement. In its most recent quarter, the company posted a revenue of €23 million, up 32 % year‑over‑year, while operating losses narrowed to €4.5 million, compared with €7.8 million in the same period a year earlier. Analysts have flagged the company’s valuation—currently around €6 billion based on a $400 million IPO—to be attractive if the autonomous trucking market grows as projected.

“Einride is at the nexus of two high‑growth sectors: electric vehicles and autonomous logistics,” commented Maria Gomez, a senior analyst at Morgan Stanley. “Having a CFO with Verma’s background will be a key differentiator in securing investor confidence and ensuring a successful U.S. debut.”

Looking ahead

Einride’s next steps will involve finalizing its IPO prospectus, conducting roadshows with U.S. institutional investors, and aligning its operational roadmap with regulatory requirements. The company is also exploring strategic partnerships with U.S. logistics giants to accelerate deployment of its autonomous trucks.

As Einride prepares to make its U.S. debut, the appointment of Anubhav Verma as CFO signals a decisive commitment to solidifying the firm’s financial governance and positioning it for long‑term success in the rapidly evolving autonomous trucking landscape.