It provides utility fleets, Exportable Power, electric vehicles for fleets, and extended-range electric trucks. Other shareholders included Xiaomi, GGV, and Morningside Capital, Hillhouse, Sequoia, Qatar Investment Authority, etc. Financial news agency Bloomberg cites sources close to the matter. The company's electric vehicles are heavy duty vehicles that cuts fuel costs and reduces petroleum consumption and emissions, enabling users to reduce carbon emission and enjoy the eco-friendly benefits of electric vehicle. Billionaire and the owner of Tesla, Elon Musk, has chosen the tax-friendly jurisdiction of the Netherlands to route its India investment. Jan 11, 2021. VIA Motors specializes in the manufacturing of electric trucks and SUVs that spun out from Raser Technologies in 2010. Although the details of the rumors cannot be confirmed, it is certain that the current mainstream EV maker startups have already or … According to Sono Motors, the new generation prototypes will demonstrate the development progress the company has … Saudi-Backed Lucid in Talks for Electric Car Factory Near Jeddah . VIA Motors produces extended-range electric vehicles (EREVs) by modifying trucks, vans and SUVs. According to a Friday SEC filing, VIA Motors closed a $5.3 million series A investment in a deal that involved 44 angel, and friends-and-family investors. Electric vehicle startup Lucid Motors Inc., which hasn't delivered a car yet, is reportedly in talks to go public in a merger with a special purpose acquisition company, or SPAC. VCG via Getty Images Key News Asian equities started 2021 in good spirits in a strong start to the New Year apart from Japan, which faces potential lockdowns to counter a … This profile is based on publicly available information and is intended to be informative in nature. The 2020 EV trend continues in 2021 as companies choose a SPAC IPO to go public. Opendoor IPO: Stock Listing via Chamath Palihapitiya’s SPAC; Best Long-Term Stocks to Buy and Hold for the Next 10 Years; Cheapest Stocks Under $1 on the Market; The Best Side Hustles for 2020; Fisker IPO: Stock Coming to Market via Merger Lists Featuring This Company. Lucid Motors was near death and desperate for cash in 2018 when it was handed a lifeline. According to a Friday SEC filing, VIA Motors closed a $5.3 million series A investment in a deal that involved 44 angel, and friends-and-family investors. OPKIX is a global lifestyle brand creating consumer camera products and awesome software. VIA Motors was founded in 2010 and headquartered in Orem, Utah. Announced on Monday, the company plans to go public via SPAC IPO. Xpeng is contemplating a $500 million IPO, media reports suggest. View More Companies. We need to move to the new solution, which is electric drive. VIA Motors was founded in 2010 and headquartered in Orem, Utah. Before the IPO, Xpeng Motors expects to hold more than 9.5 billion yuan in cash assets. Lucid Motors Is Said to Be in Talks to List Via Klein SPAC. Hydrogen Truckmaker Nikola Listing On Nasdaq Via Surprise Merger With ... General Motors Vice Chairman Steve Girsky focused ... on Nasdaq is likely cheaper than through a conventional IPO. CLII stock jumped with EVgo stock debuting in Q2. Wrightspeed is evolving vehicle propulsion, using high-power electric drive with micro-turbine generators. Bob Continues, “We can offer a lower cost option, even to a smaller fleet.” Utilizing what the automotive industry calls a skateboard, VIA uses a modular platform that has been designed to accept multiple body styles, from a truck bed to an enclosed step van—further allowing customers to customize their electric fleet vehicle and resulting in a more affordable vehicle overall. VIA Motors specializes in the manufacturing of electric trucks and SUVs that spun out from Raser Technologies in 2010. SPAC IPO: Climate Change Crisis Real Impact I. View More Companies. Xpeng Motors eceived $400 million in … The company hasn't confirmed the speculation yet. Request Access. Tata Motors has shared another teaser for the upcoming SUV Safari. EquityZen does not have an affiliation with, formal relationship with, or endorsement from VIA Motors or any companies feature above. The company’s first business-to-business vehicle is slated for delivery in 2023. What we want to do is enable that to happen faster and at a lower cost.”. Share on LinkedIn. Lucid Motors appears in talks to go public through a merger with a special purpose acquisition company (SPAC) belonging to investor Micheal Klein. Lucid Motors Is Reportedly Planning To Go Public via a $15 Billion USD Merger: The company is also backed by Saudi Arabia's Public Investment Fund. Earlier Friday, VIA ended up raising $93.75 million after pricing its initial public offering at the low end of the range. The issue will close on January 22, 2021. The electric vehicle startup's merger with a "blank check company," finalized last week, took the company public. However, as has been the case in other SPACs, Paysafe should merge with the SPAC within six months of the announcement. Börsengänge 2020: Auf der boerse.de-IPO-Seite erhalten Sie alle geplanten- und bereits vollzogenen Börsengänge (IPOs) auf einen Blick! In a filing with the U.S. Securities and Exchange Commission, the company said it intends to list its shares on the Nasdaq under the symbol “LI.” Li Auto is hoping to take advantage of the strong interest in electric vehicles from investors. Lithia Motors, Inc. is an automotive dealership network headquartered in Medford, Oregon. Consider VIA optronics, which saw its shares fall 33% Friday. Gaming. Chinese electric vehicle startup Lixiang Automotive Inc. (Li Auto) has filed for a U.S. initial public offering (IPO). Chinese electric car start-up Xpeng Motors has filed for an initial public offering (IPO) on the New York Stock Exchange. 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