How the SPAC market is thriving
XL Fleet has finalized a merger with a special purpose acquisition company (SPAC) to turn commercial vehicles into hybrid models and Great Quarter, Guys co-host Seth Holm says this matters because the Class A vehicles it targets take up a small amount of the market but 20% of fuel consumption.
XL Fleet has already moved forward into putting its product into some commercial vehicles and has seen returns in the millions.
Subscription company BarkBox has grown 58%...
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