last mile delivery

As Amazon.com, Inc. (NASDAQ: AMZN) looks to grow its Last Mile Delivery initiative, the e-commerce giant is continuing to build warehouses all over the world. The company’s newest warehouse is set to open later this year in Syosset, New York, a small suburb 30 miles outside of New...

The debut of Lucid Group Inc (NASDAQ: LCID) trading this week marks another electric vehicle company going public via SPAC merger. The hosts of Benzinga’s “SPACs Attack” featured two prominent electric vehicle companies — Lucid Group and Faraday Future — focused...

Last-mile delivery and electric vehicle company Workhorse Group Inc (NASDAQ: WKHS) announced its new chief executive officer Thursday. What Happened: Richard F. Dauch was named the new CEO of Workhorse, beginning Aug. 2, 2021. Dauch will also join the Board of Directors. Dauch follows...

Xos announced a new agreement with UniFirst Corporation (NYSE: UNF) on electric delivery vans Wednesday morning. What Happened: Xos Inc, which is merging with SPAC NextGen Acquisition Corp (NASDAQ: NGAC), announced an initial agreement with UniFirst. Xos will deliver three electric step...

Benzinga hosted the Cleantech Small Cap Conference featuring small cap companies in the clean energy field. One of the panels hosted was “The Micromobility Revolution.” The panel was moderated by Cassidy Shell, a lead analyst with Cleantech Group and included panelists Mark Frohnmayer...

Back in January, General Motors Company (NYSE: GM) announced a funding round of $2 billion for its autonomous vehicle segment Cruise that included Microsoft Corporation (NASDAQ: MSFT) and Honda Motor Co (NYSE: HMC). What Happened: On Thursday, Walmart Inc (NYSE: WMT) was announced as taking...

A company specializing in last mile telehealth and medical mobility services is going public in a SPAC deal announced Tuesday. The SPAC Deal: Ambulnz is going public in a $1.1 billion deal with Motion Acquisition Corp (NASDAQ: MOTN). As part of the merger, the company will rebrand as DocGo and...

Electric delivery van company Electric Last Mile is set to go public through a SPAC merger with Forum Merger III Corporation. The SPAC Deal: Electric Last Mile will merge with Forum Merger III Corporation (NASDAQ: FIII). The deal values the company at $1.4 billion. Forum Merger III shareholders...