Einride Joins US-Listed Driverless Trucking Rivals on Nasdaq

Swedish driverless truck group Einride AB will make its trading debut in New York on Wednesday with hopes of benefiting from the investor buzz generated by SpaceX’s initial public offering later in the week.

The high-profile listing of Elon Musk’s company will “absolutely put a spotlight on deep tech” and “the major technological shifts that are taking place,” Einride Chief Executive Officer Roozbeh Charli said in an interview.

Einride AB driverless trucks

Source: Business Wire/AP Photo

The Stockholm-based startup, founded in 2016, will go public on the Nasdaq through a merger with blank-check firm Legato Merger Corp. III at a pre-money equity valuation of about $1.35 ...