SPAC GigCapital3 (NYSE:GIK) advanced 17% as the shareholder vote for the company’s merger with electric vehicle company Lightning eMotors took place earlier today.
President Joe Biden said on Tuesday the United States must ramp up production of electric vehicles to catch up with and then surpass China after he virtually toured an electric bus and battery manufacturing plant on Tuesday.
Navya, a leading company in autonomous driving systems, and REE Automotive, a leader in e-Mobility which recently announced its merger with 10X Capital Venture Acquisition Corp.
SPAC NextGen Acquisition Corp. jumped as much as 40% on Monday before paring gains after a Reuters report suggested the company is in talks to take the EV truck-maker Xos Trucks public.
Proterra Inc., which makes electric buses and batteries, agreed to go public through a merger with special purpose acquisition company ArcLight Clean Transition Corp.
Special purpose acquisition, or “blank check” company, Hennessy Capital Acquisition Corp. has jumped on the electric vehicle bandwagon, as it…