Einride Shares Climb After Partnering With Nvidia
By Connor Hart
Shares of Einride were higher after the company said it will partner with Nvidia to accelerate automation efforts across its freight network.
The stock rose 18%, to $4.64, in premarket trading Monday. The Swedish autonomous truck company made its trading debut on Nasdaq in June, after completing a merger with a blank-check firm.
Einride--which designs, builds and operates technologies for autonomous and electric freight networks--said before the bell that Nvidia will provide the underlying compute platform and artificial-intelligence tools for its autonomous-driving systems.
The collaboration will help to scale Einride's fleet of electric trucks to up to 2,000 vehicles by 2028. The company currently operates hundreds of electric trucks for major shippers across the U.S., Europe and the Middle East, it said.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
September 21, 2026 07:28 ET (11:28 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
4 Stocks to Buy for the Long-Term While They’re Still Undervalued
6 ETFs To Diversify Away From AI
Why This Vanguard ETF Is One of the Best
The Best AI Stocks to Buy Now
United States