Einride AB Sponsored ADR logo

Einride AB Sponsored ADR (ENRD)

Market Closed
15 Oct, 08:00 PM
NASDAQ (NMS) NASDAQ (NMS)
$
2. 60
+0.26
+11.1111%
$
484.4M Market Cap
- P/E Ratio
- Div Yield
75,300 Volume
- Eps
$ 2.34
Previous Close
Investors:
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Day Range
2.29 2.61
Year Range
2.25 34
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Nvidia to Support Scale-Up of Autonomous Trucks at Sweden's Einride

Nvidia to Support Scale-Up of Autonomous Trucks at Sweden's Einride

The company operates hundreds of electric trucks for major shipping clients across the U.S., Europe and the Middle East, and expects demand to increase to up to 2,000 vehicles by 2028.

Wsj | 3 weeks ago
Einride bets $38M on EV charging as it scales electric trucking

Einride bets $38M on EV charging as it scales electric trucking

Swedish electric and autonomous trucking company Einride has agreed to acquire EV charging startup Flipturn in an all-stock deal worth $38 million.

Techcrunch | 2 months ago
Einride AB IPO: Great Business Model, But Scale Is Needed

Einride AB IPO: Great Business Model, But Scale Is Needed

Einride AB offers a vertically integrated, AI-driven freight-capacity-as-a-service model focused on electric and autonomous road freight. ENRD's business model emphasizes recurring revenue and aims to transition from hardware-heavy operations to a high-margin, SaaS platform (Saga AI). Current financials show unsustainable losses and high cash burn, with future profitability hinging on scaling and adoption of autonomous freight solutions.

Seekingalpha | 4 months ago