Einride Welcomes NVIDIA's Gary Hicok to Board of Directors for Autonomous Freight Innovation

Einride Strengthens Leadership with Gary Hicok

Einride AB, a pioneering technology firm revolutionizing the freight industry with its electric and autonomous solutions, has announced the appointment of Gary Hicok to its Board of Directors. Hicok, known for his impressive tenure at NVIDIA, brings over 25 years of expertise in leadership and autonomous technology, making him an invaluable addition to Einride’s mission of transforming freight operations for major shippers around the globe.

Hicok’s extensive background includes significant contributions to NVIDIA’s rapid growth, particularly in the automotive, mobile, and platform sectors. His technical expertise and executive acumen uniquely position him to help elevate Einride’s vision of deploying innovative autonomous freight solutions. Hicok’s insightful perspective on the importance of strategic partnerships in scaling technology will be instrumental as Einride continues to innovate and lead in the competitive freight market.

“Einride is addressing a widespread industry challenge with a well-thought-out approach. Their innovative platform fosters partnerships and promotes rapid advancements in electrified and autonomous freight,” Hicok stated. He emphasized the importance of combining external expertise with internal capabilities, a strategy that sets Einride apart in a field where many companies attempt to handle everything in-house, often without success.

Hicok’s previous role at NVIDIA involved overseeing the Automotive Hardware and Systems division, including the development of the NVIDIA DRIVE platforms that are now foundational in the realm of autonomous vehicle technology. His leadership in creating the Tegra processor for mobile and in-vehicle computing solutions further showcases his deep understanding of technology's role in transportation.

“Gary’s practical experience with scaling autonomous technologies, especially through partnerships, will significantly enhance our operational strategy,” said Robert Falck, the Founder and Executive Chairman of Einride. “His hands-on experience combined with our team’s vision will drive our efforts towards implementing autonomous solutions globally.”

The appointment of Hicok comes at a pivotal time for Einride as the company plans to go public by merging with Legato Merger Corp. III, a special purpose acquisition company. Einride’s business model has gained traction, boasting over 25 enterprise customers in seven countries and an anticipated annual recurring revenue of approximately $65 million. Furthermore, the company has already secured over $800 million in potential long-term ARR through collaborative plans with prominent clients.

With regulatory permits obtained for autonomous vehicle operations in both the U.S. and Europe, Einride maintains a strong safety record and has developed proprietary AI technology aimed at revolutionizing freight solutions. Focused on autonomy, electrification, and scalable fleet management, Einride stands ready to seize a leading position in the expansive global road freight market, currently valued at $4.6 trillion.

About Einride
Founded in 2016, Einride is at the forefront of technology in freight, providing electric and autonomous solutions to create sustainable transportation systems. The company's advanced technology platform integrates AI-driven planning tools, a robust fleet of electric heavy-duty vehicles, and comprehensive charging infrastructure, serving a growing clientele across North America, Europe, and the Middle East.

With the acquisition process with Legato expected to finalize in the first half of 2026, Einride is poised to solidify its market leadership and drive further advancements in autonomous freight solutions, emphasizing innovation and strategic collaborations in the coming years.