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Benzinga
Benzinga
Business
Shivani Kumaresan

Oatly Adds Electric Trucks To North American Fleet

Oatly OTLY North America United States Einride Nasdaq
  • Oatly Group AB (NASDAQ:OTLY) has inducted electric-powered, heavy-duty trucks into its ground transportation in North America.
  • OTLY has been using electric trucks in European transport operations since 2020.
  • Oatly has now expanded the initiative to include an initial fleet of five electric trucks in the U.S.
  • The move is a part of the company’s aim to shift to 100% sustainable ground transport for its products and materials by 2029.
  • Electric and autonomous shipping solutions provider, Einride will serve as Oatly’s freight mobility partner in North America. 
  • Price Action: OTLY shares are trading lower by 2.89% at $4.19 on the last check Thursday.
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