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

Author
TechCrunch
Published
Thu 24 Jun 2021
Episode Link
https://omny.fm/shows/techcrunch-startup-news/autonomous-trucking-startup-embark-to-go-public-in

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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