Tag: startup self-driving company

Self-Driving Truck Startup Embark to Go Public in $5.2 Billion SPAC Deal

Cars, busses and trucks drive on multiple lane highways. Seen from above. Concept of mobility. The image is a 3D render.

Embark Trucks Inc. is merging with a special-purpose acquisition company to go public in a deal that values the self-driving truck startup at about $5.2 billion, the companies said. Founded in 2016, Embark says it is the oldest U.S. self-driving truck software firm and aims to partner with shippers to bring down carrier costs and… Continue reading Self-Driving Truck Startup Embark to Go Public in $5.2 Billion SPAC Deal