Thursday, April 22, 2021

SPACs Fueling Over US$38 Billion in IPO’s for Commercial Transportation

Multiple manufacturers from Nikola to Proterra, Lordstown, Lion Electric, Hyzon Motors, Einride, and Plus require significant capital to enable full production Special Purpose Acquisition Companies (SPACs)have been growing exponentially,annually over the last two years.  According to ABI Research, a global tech market advisory firm, more than US$38 billion in pro forma equity valuations were attributed to the commercial vehicle […]

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