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Self-Driving Truck Firm Einride to Go Public via SPAC Deal at $1.8 Billion Valuation

The merger will raise $219 million plus up to $100 million in PIPE capital to scale electric and autonomous freight solutions in a $4.6 trillion market, Einride said.

Swedish autonomous trucking company Einride said on Wednesday it has agreed to go public in the U.S. through a merger with blank-check firm Legato Merger Corp III in a deal valuing the company at $1.8 billion.The listing comes after a wave of electric vehicle startups went public during the pandemic-era SPAC

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Channel News Asia broke the news in Singapore on Wednesday, November 12, 2025.
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