Einride AB Sponsored ADR logo

Einride AB Sponsored ADR (ENRD)

Market Closed
10 Aug, 20:00
NASDAQ (NMS) NASDAQ (NMS)
$
5. 19
-0.16
-2.9907%
$
771.29M Market Cap
- P/E Ratio
- Div Yield
6,016 Volume
- Eps
$ 5.35
Previous Close
Investors:
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Day Range
5.14 5.3
Year Range
4.63 34
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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 weeks 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 | 1 month ago