bullish
Riding the EV Wave
SUMMARY
- EV SPACs have been all the rage over the last few years, as OEMs have raced to become the next Tesla, yet have failed to live up to the hype.
- With intense competition, production delays due to supply shortages, and high Capital Expenditure, it is clear that many of these EV startups will fail to cross the finishing line
- Taiwan based electric two-wheeler manufacturer Gogoro is looking to merge with SPAC Poema Global to boost its international expansion plans
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