Renaissance Capital logo

HCAC News

The road less traveled: 14 auto-tech plays going public via SPAC

NIO

The quiet buzz of electric vehicles is growing louder as more EV makers choose to go public by merging with a SPAC. While several large Chinese EV companies have completed IPOs in recent years (NIO, LI, XPEV), the last major US EV maker to IPO was Tesla in 2010 (+14,584% from offer). Now many US-based EV companies are plugging into the recent SPAC trend for an alternative...read more

Archived Headlines