Autonomous trucking business, Embark, winds down.
- karen0529
- Mar 27, 2023
- 1 min read
© gorodenkoff / iStock
Since going public 16 months ago, Embark has announced layoffs of 70% of their staff and are shuttering the business. Original backers supported their “sophisticated self-driving software” developed to navigate freight trucks on long-distance routes. Founders said they were “unable to identify a path forward for the business in its current form.”
More details can be found in the Crunchbase News article.
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