Embark to Be Acquired by Applied Intuition
Embark Technology is set to be acquired by fellow autonomous vehicle software company Applied Intuition, the companies announced May 25.
Embark Lays Off Workers, Explores Liquidation or Sale
Autonomous trucking company Embark Trucks announced March 3 it is winding down operations and is exploring a liquidation or sale.
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.
Embark Losses Widen From Research, Development Spending
Embark Technology Inc. saw its losses widen in the first quarter as the autonomous trucking technology company spent more of its capital on research and development.
Embark Posts Wider Loss, Advances Tech Development
Autonomous truck developer Embark Technology Inc. issued its first annual and quarterly financial report as a public company, detailing steep losses but significant technology gains and key business partnerships.
Embark Partners With Alterra on Transfer Points
Autonomous truck software developer Embark Trucks Inc. announced a strategic partnership with Alterra Property Group, a real estate investment company focused on industrial outdoor storage properties, to identify and launch transfer-point sites across the Sunbelt.February 28, 2022
Suppliers Detail Supply Chain Challenges
Leaders of commercial vehicle suppliers weighed in, during recent earnings calls, on challenges to the supply chain and related concerns.
Startup Embark Trucks Now Publicly Traded
Autonomous truck software developer Embark Trucks Inc. announced it completed its business combination with Northern Genesis Acquisition Corp. II, and the combined company has been renamed Embark Technology Inc.November 15, 2021
Ryder Partners With Embark to Open Autonomous Truck Transfer Points
Ryder System and Embark Trucks are launching a nationwide network of transfer points that will be used to transition shipments from driverless longhaul trucks to driver-enabled last-mile trucks, the companies said Sept. 21.
Embark, HP Introduce EV Drayage Within Autonomous Truck Operations
Embark Trucks Inc., developer of self-driving software for the trucking industry, has partnered with HP Inc. to combine electric and autonomous truck technology, the companies announced Sept. 14.September 17, 2021