The deal values San Francisco-based Ouster at around $1.9 billion and makes it the fifth lidar manufacturer this year to agree to a SPAC merger, following Velodyne Lidar Inc, Luminar, Innoviz and Aeva.
The $900 billion relief package Congress approved is a savior for renters who without it faced losing their homes, but it isn’t enough, housing advocates say.
The plant in Asan, South Korea, is adjusting its production lines to build electric vehicles, Reuters reported.
The e-Palette began as a concept vehicle revealed at the 2018 Consumer Electronics Show. The automaker said the battery-powered shuttle could double as a mobile store or roving office.
Countries have moved swiftly to shutter their borders with the UK amid fears that a fast-spreading mutant coronavirus strain will infect more people. That has triggered widespread delays of goods going in and out of Britain.