Related article: Electric Last Mile Solutions Goes Public This Quarter In SPAC Deal
List Of EV Companies, Battery Makers, And Tech Providers Going Public This Year
The industry for electric vehicles is attracting major investments fueling competition and growing EV model options.
March 5, 2021
In an example of the electric vehicle SPAC wave, Electric Last Mile Inc. is finalizing its merger with Forum Merger III Corp. (NASDAQ: FIII) and will trade with the ELMS ticker symbol starting this month after the companies combine in the first quarter. The pro forma implied equity value of the combined company is about $1.4 billion.
Photo: ELMS
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As governments and corporations are pushing to meet electric vehicle mandates, the EV industry is booming with new manufacturers, services, and companies hoping to capture a slice of the market. Most of the investments so far are being generted via SPAC deals, spurring a slew of startups, according to a Yahoo Finance report.
Meanwhile, traditional OEMs are entering the space, vowing to offer only electric vehicles at some time during the 2030s. These are some of the newest players on the block, with expertise ranging from commercial EVs to battery technology and charging stations. The list grows by the week:
More Electric Vehicles
Peterbilt Expands Sourcewell Purchasing Agreement to Include Electric Trucks
The cooperative purchasing contract, now extended through July 2028, adds Peterbilt's battery-electric lineup for eligible government, education, nonprofit and tribal organizations.
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PITT OHIO Donates DC Fast Chargers to Community College of Allegheny County
The logistics company donated two 75-kW DC fast chargers to CCAC to support electric vehicle education and workforce training programs.
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California Governor Approves Instant ZEV Rebates For First-Time Buyers
That instant rebate is the centerpiece of a broader $600 million package Governor Newsom signed into law, keeping California active in the global clean transportation race.
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New Vehicle Models Stabilize Electrified Market In Q2
But more credit goes to hybrids than to all-electric vehicles, as more buyers look for fuel-efficient alternatives amid high gas prices.
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Xos White Paper Asserts LA Olympics Will Lack Enough EV Chargers
The commercial EV fleet company recommends some faster and more flexible remedies to relieve the anticipated shortfall.
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ChargePoint, Optimus Expand Fast-Charging Network Across Southeastern U.S.
ChargePoint will serve as the exclusive solutions provider, delivering hardware, software, and services to support Optimus’ growing charging network.
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Running A Profitable Electric Rental Fleet
How do you successfully operate an all-electric rental car fleet? Whether you manage a rental fleet or another commercial fleet, this conversation offers practical lessons on deploying, operating, and scaling electric vehicles.
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Why Charging May Never Be As Easy As Filling Up Gas
A seamless charge depends on a string of independent companies getting it right together, every time. How can electric fleets navigate the challenges to create a successful charging plan?
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Slate Debuts Colorful, Unique EV Models
A recent media and client event, studded with electric vehicles dressed up on platforms, planted a new position for the manufacturer in the wider EV market. Fleets will find cost-saving advantages.
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Slate Electric SUV, Pickup Switchable Model Aims For Light-Duty Fleets
Everything about this EV is counterintuitive and understated, making it stand out from the crowd.
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