The EV SPACs are running out of juice

Quick Summary:

News from Canoo and Arrival illustrates just how far off the rails the EV-SPAC boom has gone.

And why did it come back into the news this week for financing-related disclosures?

That deal was called off in July, mere weeks after it was first announced.

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Article Details

Author / Journalist: Kirsten Korosec

Category: Technology

Markets: United States

Topics: EC Food Climate and Sustainability Transportation Arrival Canoo EV SPAC

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-09-18 @ 20:39:54 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 294 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 14636542

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