NGA - Lion Electric - DD (December 2020)
O/S: 40M
Trust: USD 400M
SPAC website: northerngenesis.com
Target details:
Implied market cap @ 10/share: USD 1.9B
Investor Presentation: sec.report/Document/0001213900...
O/S after acquisition: 194M
Website: thelionelectric.com/en
News: thelionelectric.com/en/communi...
The Hotness: Zero-emission commercial vehicles already on the roads and revenue producing. Numerous contracts in hand and in negotiation.
Trust: USD 400M
SPAC website: northerngenesis.com
Target details:
Implied market cap @ 10/share: USD 1.9B
Investor Presentation: sec.report/Document/0001213900...
O/S after acquisition: 194M
Website: thelionelectric.com/en
News: thelionelectric.com/en/communi...
The Hotness: Zero-emission commercial vehicles already on the roads and revenue producing. Numerous contracts in hand and in negotiation.
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Maverick - 3 years ago
We haven't had an update yet on the Amazon delivery - note date on PR is September 2020. Says "this year."
prnewswire.com/news-releases/l...
prnewswire.com/news-releases/l...
1
Maverick - 3 years ago
Good news for $NGA and $RMG
wsj.com/articles/nikola-ends-c...
"Republic Services confirmed via email that its deal with Nikola has been "terminated," noting that it is continuing its electric vehicle partnerships with truckmakers Mack, Peterbilt, and California battery startup Romeo Systems, in addition to making more vehicle purchases next year.
"We continue to believe that electrification is the future, the waste management company said. "We believe the opportunity to learn from and partner with Romeo will continue to provide additional opportunities that support our electrification strategy."
RMG mentioned by name, obviously.... NGA more of a stretch, but....
NGA (Lion Electric) makes-ish an EV garbage truck; thelionelectric.com/en/product...
wsj.com/articles/nikola-ends-c...
"Republic Services confirmed via email that its deal with Nikola has been "terminated," noting that it is continuing its electric vehicle partnerships with truckmakers Mack, Peterbilt, and California battery startup Romeo Systems, in addition to making more vehicle purchases next year.
"We continue to believe that electrification is the future, the waste management company said. "We believe the opportunity to learn from and partner with Romeo will continue to provide additional opportunities that support our electrification strategy."
RMG mentioned by name, obviously.... NGA more of a stretch, but....
NGA (Lion Electric) makes-ish an EV garbage truck; thelionelectric.com/en/product...
Lion Electric - LEV
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