Source: Reuters
Summary
Einride, a Swedish autonomous trucking company, has partnered with German logistics giant DB Schenker to deploy electric and autonomous trucks. The deal is worth $413 million and aims to reduce greenhouse gas emissions. Einride is set to go public through a merger with Legato Merger Corp.
Our Reading
The launch follows a familiar script.
Einride and DB Schenker team up for electric and autonomous trucks. The deal is valued at $413 million. Einride is going public via a merger with Legato Merger Corp. Because what’s more innovative than a SPAC merger and a partnership that’s been done before.
Author: Evan Null
