Idaho Reporter » Automotive
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Idaho Reporter » Automotive
3y ago
Churchill Capital Corp IV (NYSE: CCIV) stock, one of the hottest SPACs of 2021, gets more action Monday morning as retail investors hope to bring new life to the stock that fell on a deal announcement. Now, bulls have another rumor up their sleeves. Apple to join forces with Lucid Motors in delivering top of ..read more
Idaho Reporter » Automotive
3y ago
Churchill Capital Corp (NYSE:CCIV) stock was lively in after-hours trading on Thursday, following Bloomberg Terminal preliminary news release of a possible agreement between a consortium led by Venrock Associates and Churchill Capital Corp IV. A consortium led by Venrock Associates proposed to sell Lucid Motors Inc to Churchill Capital Corp IV. The transaction was proposed ..read more
Idaho Reporter » Automotive
3y ago
Stock of special purpose acquisition company (SPAC) Tortoise Acquisition II Corp (NYSE: SNPR) is trading 40% above Friday’s closing price, during pre-market session on Monday. The SPAC is merging with San Francisco-based electric vehicle charging network Volta, named after Alessandro Volta, the inventor of the electric battery. The combined company is expected to be listed ..read more
Idaho Reporter » Automotive
3y ago
Arcimoto Inc (NASDAQ:FUV) stock price opened higher on Wednesday, following the latest SEC filing (Form 8-K reviewed by Idaho Reporter). We found out that on December 30, 2020, Arcimoto, Inc. entered into an agreement to purchase certain industrial buildings located within the City of Eugene, Oregon, on approximately 6.79 acres of land. The Company has ..read more
Idaho Reporter » Automotive
3y ago
Northern Genesis Acquisition Corp (NYSE: NGA), a special purpose acqusition company, stock price is up on the first trading day in 2021. Why is NGA going up? According to the latest SEC filing by Lion Electric (company that will reverse merge with NGA) reported that a 2,500 mystery truck buyer is actually Amazon. This means ..read more
Idaho Reporter » Automotive
3y ago
Six years ago, Chinese auto-parts supplier Wanxiang Group purchased assets of Fisker Automotive for $149.2 million in a bankruptcy auction. Nine months later the name of the company changed to Karma Automotive. And fast forward November 2020, Karma Automotive and Wanxiang Group are filling the headlines, again. Just a week ago, it was reported that ..read more
Idaho Reporter » Automotive
3y ago
Now that big EV players like NIO, XPEV and TSLA had their rallies, investors are navigating their hard earned cash into small cap stocks, such as HCAC. Just when you thought that all EV stocks surged HCAC is coming to the stage, offering smaller, but safer gains in the week ahead of us. Monday started ..read more
Idaho Reporter » Automotive
3y ago
Just when everyone thought that SPAC related stock bubble has burst, these stocks are coming back, with a vengance. With Nikola (NKLA) shares starting to bounce back, other SPAC stocks are following. HCAC shares being the best opportunity at this point. While the company hasn’t issued any major news, there’s good reason for the excitement ..read more
Idaho Reporter » Automotive
3y ago
The world is currently in the process of preparing for its transition from fossil fuels to sustainable energy. This transition will create new opportunities for companies that form a part of sustainable energy supply chains. FCEL and PLUG stocks are here stay, but which company is better investment going forward? Background Plug Power is a ..read more
Idaho Reporter » Automotive
3y ago
Blink Charging the second-largest EV charging infrastructure operator while Bloom Energy is a sustainable micro-grid manufacturer. With the election of Joe Biden, both companies are poised for growth as the new president aims to reverse climate change. But which stock is a better buy, BLNK or BE? Background Blink Charging was founded in 2009 with ..read more