Underscoring the potential market penetration of the ELMS City Supply van, the corporate on Dec. 11, 2020 introduced an settlement with a particular function acquisition firm (SPAC) referred to as Discussion board Merger III Company (Nasdaq: FIII) for a enterprise mixture that may end in ELMS changing into publicly traded.
Photograph: ELMS
The variety of electrical car Particular Function Acquistion Firm (SPAC) offers might rise within the years to return because the world pivots to full EV adoption and appears for methods to lift cash to fund the transition that might value as much as $2.5 trillion, in accordance with Financial institution of America.
SPAC and electrical car traits Enterprise Insider article
Initially posted on Charged Fleet
