DELRAY BEACH, Fla., June 5, 2026 /PRNewswire/ — According to MarketsandMarkets, “PTFE-based Copper Clad Laminates Market by Type (Rigid PTFE-based CCL, Flexible PTFE-based CCL), Reinforcement Material (Glass Fiber-reinforced PTFE, Ceramic-filled PTFE), Performance Class, Application, and Region – Global Forecast to 2031″, The PTFE-based copper clad laminates market is projected to grow from USD 0.45 billion in 2026 and to reach USD 0.65 billion by 2031, at a Compound Annual Growth Rate (CAGR) of 7.5% during the forecast period.

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PTFE-based Copper Clad Laminates Market Size & Forecast:

Market Size Available for Years: 2025-20312026 Market Size: USD 0.45 billion2031 Projected Market Size: USD 0.65 billionCAGR (2026-2031): 7.5%

PTFE-based Copper Clad Laminates Market Trends & Insights:

The market for PTFE-based copper clad laminates is poised to witness a steady growth rate driven by the rising demand for high-frequency and high-speed electronics. With their good performance, PTFE-based CCLs have strong electrical, thermal, and signal properties, making them highly useful in RF and microwave circuit applications. The growing adoption of ADAS, electric vehicles, and new generation communication technology is fueling market growth. Besides, the growing demand from the 5G, automotive radar, satellite communications, and advanced computing sectors is driving the market.The Asia Pacific PTFE-based copper clad laminates market dominated with a share of 58.0% in 2025.By type, the flexible PTFE-based CCL segment is projected to register the highest CAGR of 10.3% from 2026 to 2031, in terms of value.By performance class, the ultra-low Loss CCL (Df: 0.00003–0.00010 @ 10 GHz) segment is projected to register the highest CAGR of 11.7% from 2026 to 2031, in terms of value.By reinforcement material, the ceramic-filled PTFE segment is projected to register the highest CAGR of 9.1% from 2026 to 2031, in terms of value.By application, the high-speed/high-frequency applications segment is expected to dominate the market, growing at the highest CAGR of 10.2%.AGC Inc., NAN YA PLASTICS CORPORATION, Shengyi Technology Co., Ltd., Rogers Corporation, Chukoh Chemical Industries, Ltd., and Doosan Corporation were identified as star players in the PTFE-based copper clad laminates market, as they have focused on innovation and have broad industry coverage, and strong operational & financial strength.Garlock, Aegis Global Holdings Limited, and Zhejiang Wazam New Material Co., Ltd., among others, have distinguished themselves among startups and SMEs for their strong product portfolios and business strategies.

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The PTFE-based copper clad laminates (CCL) market is predicted to witness strong growth as the demand for high-frequency, low-loss materials increases in next-generation communication infrastructure, growing deployment of automotive electronic systems, and the automotive sector in general. The rising deployment of 5G infrastructure, mounting investment in futuristic 6G technologies, and growing adoption of cloud computing, artificial intelligence, and Internet of Things devices are the key factors driving demand. Also, the rapid development of electric vehicles, advanced driver assistance systems, and autonomous driving technology is also really propagating the consumption of PTFE-based laminates in the automotive Radar PCB, phased-array antenna, RF transmission circuit, and V2X communications. Extremely low dielectric constant & low dissipation factor, excellent thermal and chemical stability, mechanical robustness, and weather/moisture-resistance. Besides good thermal properties, durability in harsh operating conditions makes PTFE-based laminates perfect for 24 GHz, 77 GHz, and 81 GHz millimeter-wave radar systems. The growing integration of millimeter-wave radars, light detection and ranging (Lidar), cameras, and centralized artificial Intelligence (AI) processors in Level 2+, Level 3, and future Level 4 vehicles is further catalyzing demand for high-efficiency, high-speed PCB solutions.

Rigid PTFE-based CCL is projected to be the second-fastest-growing type during the forecast period.

Rigid PTFE-based CCL is projected to be the second-fastest-growing type during the forecast period, driven by the rising requirement of mechanically stable, high-performance PCB materials in complex electronic applications. The advantages gained from using these laminates include excellent dimensional stability, heat resistance, and electrical reliability to meet the rising requirements of applications such as aerospace, defense, automotive, radar, and telecom infrastructure. The ability to sustain multilayer PCB structures and support stable signal transmission in the high-frequency bands is further catalyzing the growth of these materials.

Low-loss CCL (Df: 0.002–0.005) accounted for the second-largest performance class share in 2025.

Low-loss CCL (Df: 0.002–0.005) performance class was the second-largest segment of the PTFE-based copper clad laminates market in 2025, due to their cost efficiency in the practical usage that is balanced with the electrical performance of the laminate material. The dielectric loss reduction trend by low-loss CCLs, when compared to other PCBs, helps to increase signal transmission efficiency with optimized manufacturing costs. The increasing demand for data communication systems, Internet of Things technology, and radio frequency technology for commercial purposes is driving the adoption of low-loss CCLs across various industrial segments. Also, the growing demand for efficient signal transmission in consumer electronics and network devices is driving growth in the low-loss CCL market.

North America is poised to be the second-fastest-growing region during the forecast period.

North America is projected to be the second-fastest-growing region in the PTFE-based copper clad laminates market, due to the large investments being made in aerospace, defense, semiconductor manufacturing, and communication infrastructure. The region is experiencing rapid proliferation of 5G networks, growing research on 6G communications, and an uptick in the deployment of high-performance computers. According to the ITU, 5G networks have been deployed in about 60% of the region, which has been driving the adoption of high-frequency circuit boards within telecom infrastructure and RF applications. Moreover, the increasing presence of electric vehicles, ADAS technology, and autonomy within automobiles has resulted in the increasing use of PTFE-based laminates for automotive radar and sensor applications.

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Key Players

The report profiles key companies, including AGC Inc. (Japan), NAN YA PLASTICS CORPORATION (Taiwan), Shengyi Technology Co., Ltd. (China), Rogers Corporation (US), Chukoh Chemical Industries, Ltd. (Japan), Doosan Corporation (South Korea), TAIFLEX Scientific Co., Ltd (Taiwan), Ventec International Group (Taiwan), Crane Holdings, Co. (US), and PILLAR Corporation (Japan).

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Combined Company Expected to Begin Trading on Nasdaq Under Ticker Symbol “ENRD”

NEW YORK and STOCKHOLM, June 5, 2026 /PRNewswire/ — Einride AB (“Einride” or the “Company”), a technology company driving the transition to cost-efficient electric and autonomous freight operations, and Legato Merger Corp. III (NYSE American: LEGT) (“Legato”), a publicly traded special purpose acquisition company, today announced that Legato’s shareholders voted to approve the previously announced business combination between Einride and Legato and the related matters (the “Transaction”) at a special meeting of shareholders held on June 4, 2026 (the “Special Meeting”). A Current Report on Form 8-K disclosing the full voting results will be filed by Legato with the Securities and Exchange Commission.

The Transaction values Einride at a pre-money equity value of $1.35 billion. As previously announced, Einride raised $113 million through an oversubscribed PIPE financing in connection with the Transaction. The PIPE was supported by new and existing investors, including Stockholm-based EQT Ventures and a global asset management company based on the West Coast of the United States.

“At Einride, we are redesigning the way freight moves. We are building the world’s most efficient freight network and going public gives us the platform to deploy our electric and autonomous technologies at the speed this market demands,” said Roozbeh Charli, Chief Executive Officer at Einride.

Einride, which is driving the transition to cost-efficient electric and autonomous freight operations for large shippers across the U.S., Europe, and the Middle East, currently counts more than 30 enterprise customers across seven countries, with approximately $92 million in expected annual recurring revenue (ARR) from signed contracts and over $800 million in potential long-term ARR through joint business plans with blue-chip customers.

Upon the completion of the Transaction, the combined company’s ordinary shares, represented by American Depositary Shares, and warrants are expected to commence trading on the Nasdaq under the ticker symbol “ENRD” and “ENRDW,” respectively.

About Einride

Founded in 2016, Einride is a technology company that develops and operates digital, electric, and autonomous freight solutions, accelerating the transition to future-proofed transportation. Its technology platform includes AI-powered planning and optimization, autonomous technologies, one of the world’s largest electric heavy-duty fleets, and charging infrastructure. Einride serves customers across North America, Europe, and the Middle East. 

About Legato Merger Corp. III:

Legato is a blank check company organized for the purpose of effecting a merger, capital stock exchange, asset acquisition or other similar business combination with one or more businesses or entities.

Forward-Looking Statements

This communication contains certain “forward-looking statements” within the meaning of U.S. federal securities laws including, but not limited to, statements regarding the additional investments and Transaction. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are based on current expectations and assumptions available to the Company and Legato, and, as a result, are subject to risks and uncertainties. Any such expectations and assumptions, whether or not identified in this communication, should be regarded as preliminary and for illustrative purposes only and should not be relied upon as being necessarily indicative of future results. Many factors could cause actual future events to differ materially from the forward-looking statements in this communication, including but not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of definitive agreements with respect to the Transaction; (2) the outcome of any legal proceedings that may be instituted against Legato, Einride, the combined company or others following the announcement of the Transaction and any definitive agreements with respect thereto; (3) The inability to complete the Transaction due to the failure to satisfy conditions to closing the Transaction; (4) risks related to the scaling of the Company’s business and the timing of expected business milestones; (5) the ability to meet stock exchange listing standards following the consummation of the Transaction; (6) the risk that the Transaction disrupts current plans and operations of the Company as a result of the announcement and consummation of the Transaction; (7) the ability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (8) costs related to the Transaction; (9) risks associated with changes in laws or regulations applicable to operations; (10) the possibility that the Company or the combined company may be adversely affected by other economic, geopolitical, business, and/or competitive factors; (11) supply shortages in the materials necessary for the production of Einride’s solutions; (12) negative perceptions or publicity of the Company; (13) risks related to working with third-party manufacturers for key components of Einride’s solutions; (14) the termination or suspension of any of Einride’s contracts or the reduction in counterparty spending; and (15) the ability of Einride or the combined company to issue equity or equity- linked securities in connection with the business combination or in the future.

Forward-looking statements are not guarantees of future performance. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s registration statement on Form F-4 (“Registration Statement”) filed with the U.S. Securities and Exchange Commission (the “SEC”), and other documents filed by the Company and/or Legato from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward- looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and all forward-looking statements in this communication are qualified by these cautionary statements. The Company and Legato assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, except to the extent required by applicable law. Neither the Company nor Legato gives any assurance that either the Company or Legato will achieve its expectations. The inclusion of any statement in this communication does not constitute an admission by the Company or Legato or any other person that the events or circumstances described in such statement are material.

Additional Information and Where to Find It

In connection with the Transaction, the Company filed the Registration Statement, including a preliminary proxy statement/prospectus, which was declared effective by the SEC on May 14, 2026. This communication does not contain all the information that should be considered concerning the Transactions and is not intended to form the basis of any investment decision or any other decision in respect of the Transaction. Before making any investment decision, investors and shareholders of Legato are urged to read the Registration Statement, the proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC in connection with the Transaction as they become available because they will contain important information about the Transaction. Investors and shareholders will be able to obtain free copies of the Registration Statement, proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC by the Company or Legato through the website maintained by the SEC at www.sec.gov. In addition, the documents filed by Legato may be obtained by written request to Legato at Legato Merger Corp. III, 777 Third Avenue, 37th Floor, New York, NY 10017.

No Offer or Solicitation

This communication does not constitute an offer to sell or a solicitation of an offer to buy the securities of Legato, Einride or the combined company resulting from the Transaction, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act. This communication is restricted by law; it is not intended for distribution to, or use by any person in, any jurisdiction in where such distribution or use would be contrary to local law or regulation.

CONTACT:
Investor & Media Contacts
Einride 
Christina Zander 
Head of Communications Einride 
press@einride.tech 
Einride@icrinc.com 

Legato Merger Corp. III 
Eric Rosenfeld 
Chief SPAC Officer 
Legato Merger Corp. III 
ir@legatomerger.com 

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GUANGZHOU, China, June 5, 2026 /PRNewswire/ — Starvia Automotive, a China-based automotive export service company, is highlighting the importance of integrated sourcing and export support as dealers, importers, and fleet operators across the Middle East show growing interest in Chinese new energy vehicles.

As demand expands for electric, hybrid, and plug-in hybrid vehicles from China, international buyers are looking beyond vehicle pricing alone. They need clearer model availability, transparent quotations, and reliable coordination for inspection, documentation, shipping, and delivery.

Starvia Automotive supports customers through practical steps including model selection, supplier communication, vehicle condition review, VIN confirmation, pre-shipment inspection coordination, export document preparation, and international logistics arrangements. The company aims to help buyers reduce sourcing risk and move more efficiently from inquiry to delivery.

A spokesperson for Starvia Automotive said: “Many buyers want access to EV, PHEV, and Hybrid models from China, but they also need a clear export process and a partner that understands the details of international purchasing. We focus on making each step more transparent and efficient.”

Supporting Middle East Purchasing Needs

Starvia Automotive serves buyers seeking new and used vehicles for dealer inventory, fleet operations, rental companies, and commercial resale. The company helps match vehicle options with market needs, budget requirements, and destination-specific conditions.

The company has also launched an Arabic-language website for regional buyers at https://www.starviaauto.com/ar, serving as a localized entry point for understanding vehicle options and export services from China.

As China continues to play a larger role in the new energy vehicle supply chain, Starvia Automotive seeks to connect export-ready vehicle resources with international buyers that need practical, transparent, and organized support.

About Starvia Automotive

Starvia Automotive is a China-based automotive export service company. The company supports overseas customers with vehicle sourcing, export coordination, inspection assistance, documentation, logistics, and delivery support for electric, hybrid, and other passenger vehicles made in China.

Media Contact

Company Name: Starvia Automotive
Contact Person: Jason Yang
Email: bussiness@starviaauto.com
Country: China
Website: https://www.starviaauto.com/ar

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