(Telematics News) Lotus Technology to go public with SPAC at $5.4 billion valuation

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Lotus Technology to go public with SPAC at $5.4 billion valuation
Lotus Technology, an EV subsidiary of the Geely-owned Lotus Cars, has announced plans to go public through a SPAC merger with L Catterton Asia Acquisition Corp (LCCA).

 

 

Xpeng unveils G9 SUV and P7 sedan for Europe
Xpeng has revealed its next two models set to launch in select European markets – the G9 SUV and the new P7 sports sedan.

 

 

BMW to develop Neue Klasse EVs in Mexico
The BMW Group has announced that it will invest €800 million ($858.2 million) to support new EV production at its San Luis Potosí plant in Mexico.

 

 

 

 

 

 

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