Systems and methods for an electric drive axle are provided. In one example, the electric drive axle may include an electric motor-generator rotationally coupled to a gearbox having a one-way clutch mounted on an output shaft and operable in an engaged configuration and a disengaged configuration, where in the engaged configuration, the one-way clutch transfers rotational energy from the output shaft to an output gear rotationally coupled to a plurality of drive wheels. The gearbox further includes a mode adjustment mechanism including a lock ring rotationally coupled to the output shaft and configured to selectively engage an input gear and the one-way clutch in a plurality of operating modes.