Autonomous trucking startup Embark to go public in $5.2B SPAC deal

Five-year old self-driving truck startup Embark Trucks Inc. said Wednesday it would merge with special purpose acquisition company Northern Genesis Acquisition Corp. II in a deal valued at $5.2 billion. Embark takes a different approach to autonomous trucking: As opposed to manufacturing and operating a fleet of trucks themselves, which is the route rival TuSimple […]

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SoftBank makes a billion-dollar bet on autonomous trucking startup

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Autonomous trucking startup Embark to go public in $5.2B SPAC deal

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Startup News: 21st June 2021 - 27th June 2021