With TuSimple going public by IPO, a new report says rival autonomous trucking software developer Plus will soon follow via SPAC.
Canadian electric truck and bus manufacturer Lion Electric is poised to go public after Northern Genesis Acquisition Corp. shareholders approve SPAC merger.
Hyliion Holdings stock is getting hammered along with most electric vehicle startups, but CEO Thomas Healy is staying optimistic.
Hyzon Motors plans to deliver the first of 15 hydrogen-powered fuel cell trucks in the Netherlands in Q3, further establishing Europe leadership.
Truck Talk is a weekly newsletter from FreightWaves that adds perspective and context to happenings in the trucking industry.
SPAC-backed stocks are getting hammered, but Hyliion soldiers on in preparing the negative net-zero carbon Hypertruck ERX.
Research firm Cowen has set a price target of $28.50 per share for EV startup Arrival – more than $10 higher than Monday’s trading price. Cowen cited its unique approach to manufacturing as one reason for its optimism.
Truck Talk is a weekly newsletter where FreightWaves adds context, commentary and color to industry news and trends.
Autonomous trucking startup Plus is beginning production of Level 4 software this year as it works toward 10 billion miles of on-road testing.
TuSimple, the self-driving truck startup backed by fleets, suppliers and manufacturers, filed on Tuesday to become a public company.
UK electric van and bus startup Arrival adds to Charlotte, North Carolina, presence with second US microfactory targeted to fill UPS order.
This deal would have been Vista’s fourth attempt to exit its investment with transportation telematics provider Omnitracs, along with a second attempt to merge with the firm’s portfolio company, Solera, an automotive and insurance software company.
SPAC acquisitions are cropping up with more frequency, and we can only expect more deals to go through in 2021.
Micromobility company Helbiz will secure approximately $82.5 million when it is listed on the NASDAQ stock exchange through a SPAC deal expected to close in the second quarter.
Short seller Hindenburg Research alleges fictitious orders and other fraudulent at electric pickup truck startup Lordstown Motors.
Truck Talk is a weekly newsletter where FreightWaves adds context, commentary and color to industry news and trends.
Southeast Asian rideshare company Grab is in talks to go public through a SPAC led by Altimeter Capital, according to published reports.
The SPAC combination would be at least the fourth time Vista has tried to exit its investment in Omnitracs.
As a love affair with electric vehicle companies fades, self-driving truck startups appear to be the new courtship objects of blank check companies.
Truck Talk is a weekly newsletter where FreightWaves adds context, commentary and color to industry news and trends.
