Tag: Arrival Ltd.

Industry Focus Areas, Motorized Vehicle

EV Startups Lose More Than $40 Billion After Taking SPAC Route Public

May 14, 2021

Via: Transport Topics

At their highs, five electric vehicle startups that went public through mergers with special purpose acquisition companies were worth $60 billion. The corrections that followed have been brutal. Three of the companies plumbed new lows this week as short-seller attacks, […]