Electric vehicles for commercial uses are ready for prime time. One sign is the roughly $80 billion valuation that electric truck maker Rivian is looking for when it goes public soon. Another is simply the rash of electric truck and van startups vying for a piece of the EV pie.
And another electric trucking company popped up on investors’ radar Monday. Via Motors agreed to be bought by EV conglomerate Ideanomics (ticker: IDEX) in a $600 million all-stock deal that still has to be approved by shareholders.
The…
Source: https://www.barrons.com/articles/another-electric-truck-maker-is-going-public-51630350624
