Key facts
- Swedish driverless truck company Einride AB has begun trading on the Nasdaq.
- The company merged with a blank-check firm.
- The transaction valued Einride's equity at $1.35 billion before deal proceeds.
Swedish driverless truck group Einride AB has commenced trading on the Nasdaq. The company anticipates its public debut will benefit from heightened investor interest in the autonomous vehicle sector. Einride joins other US-listed autonomous trucking companies on the exchange. The trading debut follows a merger with a blank-check firm, a transaction that valued Einride's equity at $1.35 billion before deal proceeds.