Lucid CEO- Lucid is in an enviable position
It was a big week for Lucid, and their CEO Peter Rowlings. Lucid motors began trading on Wall Street after its SPAC merger with Churchill Capital, and the companies stock (LCID) jumped to over $26. […]
iPhone maker Foxconn enters electric vehicle market with deal in Thailand
iPhone maker Foxconn has signed a memorandum of understanding (MoU) with Thailand’s state-run energy group PTT Pcl to make electric vehicles (EVs) and EV components in the country. The partnership will see the pair collaborate […]
VW considering Porsche IPO to help fund electric future
In an attempt to help fund its future in electric vehicles (EVs), Volkswagen Group is reportedly considering an initial public offering (IPO) of Porsche. Citing confidential sources at VW, Manager Magazin reported the deal could […]
Lucid Motors close to SPAC deal: Report
As Lucid Motors nears the release of its first luxury electric vehicles (EVs), its is reportedly close to going public through a merger with a special purpose acquisitions company (SPAC). Last month we reported that […]
Faraday Future joins the SPAC party, announcing plans to go public
Faraday Future announced plans to go public through a reverse merger with a Special-purpose acquisition company (SPAC), becoming yet another electric vehicle (EV) company to do so in the last year. The deal would see […]
Lucid Motors considering IPO through merger with SPAC
Continuing a popular trend from 2020, Lucid Motors is considering going public through a merger with a special purpose acquisitions company (SPAC). The potential deal would see Lucid team up with one of Michael Klein’s […]
Canada’s Magna International teams up with LG Electronics for e-Powertrain joint venture
Canada’s Magna International and LG Electronics announced this morning a new joint venture to manufacture e-motors, inverters and on board chargers and, for certain automakers, related e-drive systems. The joint venture, tentatively named LG Magna […]
Faraday Future planning to go public with SPAC deal
Electric vehicle (EV) startup Faraday Future has announced it is close to securing an agreement that would see it go public through a reverse merger with a special purpose acquisition company (SPAC). Faraday CEO Carsten […]
ChargePoint going public through reverse merger
One of the original electric vehicle (EV) charging networks has officially announced plans to go public later this year through a reverse merger with a special purpose acquisition company (SPAC). If you’re unfamiliar, an SPAC, […]
ChargePoint may be going public through reverse merger: Report
You may soon be able to add one more electric vehicle (EV) related company to the growing list going public through a special purpose acquisition company (SPAC). ChargePoint, which operates the largest online network of […]
Latest Deals
