Public EV startup with an indicted CEO is looking to raise an additional $100 million

It’s tempting to think the trend of EV startups merging with special purpose acquisition companies (SPACs) to go public has ended, seeing how many of them are struggling or defunct. But that’s not quite true. A startup called Thunder Power Holdings went public on the Nasdaq exchange in June through a SPAC, and is now […] © 2024 TechCrunch. All rights reserved. For personal use only.

Public EV startup with an indicted CEO is looking to raise an additional $100 million

It’s tempting to think the trend of EV startups merging with special purpose acquisition companies (SPACs) to go public has ended, seeing how many of them are struggling or defunct. But that’s not quite true. A startup called Thunder Power Holdings went public on the Nasdaq exchange in June through a SPAC, and is now […]

© 2024 TechCrunch. All rights reserved. For personal use only.