Reported 1 day ago
Autonomous driving software provider Plus announced its plan to become publicly traded through a merger with Churchill Capital Corp IX. The merger will generate $300 million to support the launch of Plus's SuperDrive-enabled autonomous trucks, aimed at addressing the driver shortage in the trucking industry. Founded in 2016, Plus has deployed its technology in multiple regions and plans to start customer fleet trials before commercially launching its trucks by 2027.
Source: YAHOO