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Einride, a Global Leader in Autonomous and Electric Freight, Commences Trading on Nasdaq Under Tickers "ENRD" and "ENRDW"

  • Einride AB (NASDAQ: ENRD) began trading American depository shares under the ticker "ENRD" and warrants under "ENRDW" on the Nasdaq Global Market and Nasdaq Capital Market on June 10, 2026.
  • Company leadership rang the Nasdaq Opening Bell at MarketSite in Times Square to mark the public market debut.
  • Founded in Stockholm in 2016, Einride operates a technology platform for electric & autonomous freight with 30 global customers across FMCG, food, & industrial sectors.
  • The company reports a pipeline exceeding $800 million in opportunities through Joint Business Plans & targets a $4.6 trillion total addressable market.
  • Einride utilizes a dual business model consisting of Freight-Capacity-as-a-Service (FCaaS) for end-to-end solutions & Software-as-a-Service (SaaS) for technology licensing.
  • The core of the ecosystem is Saga, a proprietary AI platform integrating vehicle telemetry, charging infrastructure, routing, & demand data.
  • Advisors included TD Cowen as lead financial advisor, BTIG LLC as placement agent, & various legal firms including DLA Piper LLP & Greenberg Traurig, LLP.
  • Forward-looking statements in the release were qualified by risks regarding scaling, regulatory changes, competition, supply shortages, & potential contract reductions.