Embark Trucks Stock

Embark develops self-driving semi trucks. San Francisco-based Embark is also building out its fleet of test vehicles, growing from two to five trucks in just four months. Embark’s goal isn’t replace the driver entirely, however: It just wants to make it possible for long-haul trips to be managed by fewer drivers, eliminating the need for team driving, for instance, and helping to address a lack of available qualified human drivers for this kind of shipping. Drivers are still expected to help with the parts of the route that don’t involve freeway and driving, but still the efficiency gains and trip time benefits would be huge once their technology is in service. The company was founded in 2016.