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Tesla Could Lose to BYD as Chinese EV Maker Boasts Producing Over 3 Million New Energy Vehicles

Tesla could lose its title as world's top EV maker to BYD! Here's why. Tesla could lose its throne as the world's top EV maker to BYD. This was predicted by experts after the Chinese EV manufacturer produced over 3 million new energy vehicle units in 2023. ....

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Cheapest Tesla's US Federal Tax Credit Will Be Halved in 2024—Here's What Model 3 EV Buyers Should Do

The cheapest Tesla EV, Model 3, will have its U.S. federal tax credit halved in 2024. Here's what buyers should do. ....

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(CFAC), (CGRO) - Intel-Backed Lidar Company AEye In SPAC Talks: Report

Intel Corp (NASDAQ: INTC), Subaru and Airbus.
Other lidar companies that are public include
Luminar Technologies (NASDAQ: LAZR) and
Velodyne Lidar (NASDAQ: VLDR).
Collective Growth Corporation (NASDAQ: CGRO) is bringing Innoviz public via SPAC.
InterPrivate Acquisition Corp (NYSE: IPV) is bringing Avea public via SPAC.
Collonade Acquisition Corp (NYSE: CLA) is bringing Ouster public.
Price Action: Shares of CF Finance Acquisition III gained 7.49% Thursday, closing at $12.91.
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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(CGRO), (APTV) - Fourth Lidar Company Goes Public With Innoviz SPAC Deal: What Investors Should Know

Share:
A fourth lidar company is going public via a special purpose acquisition company, with Innoviz Technologies being the latest to announce a merger.
The SPAC Deal: Innoviz Technologies will go public via a merger with the SPAC
Collective Growth Corporation (NASDAQ: CGRO).
The deal was done at an equity value of $1.4 billion. The PIPE included
Magna International (NYSE: MGA), a tier one automotive supplier and current investor.
The new company will trade as INVZ on the NASDAQ. Shareholders of Collective Growth Corporation will own 11% of the new company. The deal is expected to close in the first quarter of 2021. ....

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