Self-Driving Truck Company Sued After Going Public Via SPAC
Robert Manning, on behalf of Embark Technology, Inc. filed a complaint against Embark’s parent company Northern Genesis Acquisition (NGA), Embark’s parent
Source: lawstreetmedia.com
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TuSimple Accelerates Into Turmoil Fast Lane As Co-Founders Fire Board (undefined:TSP)
TuSimple's two co-founders fired the company’s entire board two weeks after the board ousted one of those co-founders for undisclosed insider dealings. Read more.
Source: seekingalpha.com
Embark Announces Third Quarter 2022 Financial Results
— Embark Coverage Map Expands to Launch Coast-to-Coast Autonomous Trucking Network — — Embark Completes Reverse Stock Split at a Ratio of 1-for-20 — — Embark Appoints... | November 8, 2022
Source: marketscreener.com
Embark Launches Nine Sites for Pilot Operations
Embark Trucks Inc. announced the launch of the nine-site, coast-to-coast backbone of the Embark coverage map, preparing key Sun Belt markets to be served by fleet partners.
Source: ttnews.com
Driverless car quest has made a bonfire out of $75 billion
Some experts believe self-driving tech is still at least a decade away, if not more, despite promises from manufacturers like Tesla.
Source: autoblog.com