Until recently, mobility and electric-vehicle startups were the domain of VCs and a few strategic corporate backers. But the 2020 explosion of blank-check dealmaking has remade the landscape by introducing a whole new cast of characters as key investors driving these emerging technologies.
- PitchBook's newly published EV/Mobility SPAC Handbook details the transformation and maps out the startups that have completed SPAC mergers (or announced plans to do so). Other highlights of this analyst note:
- Introducing the PitchBook SPAC Mobility Index, a basket of 26 EV and mobility companies that went public through SPAC reverse mergers with a combined value of $100 billion.
- The Index is coming off a red-hot second half of 2020, when it notched a 77.7% return.
- See analysts' top picks for future EV and mobility SPAC merger targets, including lidar specialist AEye, automaker Lucid Motors and EV platform provider Rimac Automobili.