Eugene, OR

https://www.arcimoto.com/pressrelease/arcimoto-inc-announces-new-u-s-manufacturing-plant-oregon

Arrival said it raised $400 million in private investment in public equity, or PIPE, from investors that included Fidelity Management & Research Company, Wellington Management, BNP Paribas Asset Management Energy Transition Fund and funds managed by BlackRock. Arrival will have about $660 million in cash proceeds.

The company is deploying its first two Microfactories in South Carolina, US and Bicester, UK in 2021.

https://techcrunch.com/2020/11/18/arrival-becomes-latest-electric-vehicle-startup-to-test-the-public-markets-with-a-spac/

$650 million

The transaction reflects a pro forma implied equity value for the combined company of approximately $1.4 billion at closing, at a $10.00 per share price and assuming no redemptions by Forum shareholders. The cash remaining in the combined company at closing will be funded by Forum’s cash in trust as well as a private placement anchored by institutional investors, including BNP Paribas Asset Management Energy Transition Fund and Jennison Associates LLC, that will close concurrently with the merge

Mishawaka, Indiana Factory - for EV production; $130M+ Invested

https://www.businesswire.com/news/home/20201211005138/en/EV-Company-Electric-Last-Mile-to-List-on-Nasdaq-Through-Merger-With-Forum-Merger-III-Corporation

Following the transaction, EVBox expects to have more than $425 million of cash on its balance sheet, including a portion of the proceeds of TPG Pace’s fully committed Private Investment in Public Equity (“PIPE”) of $225 million, $100 million from TPG Pace’s Forward Purchase Agreements and $350 million of cash held in TPG Pace’s trust account. EVBox also expects to benefit from the partnership with TPG, which has a proven track record of assisting high-growth technology companies successfully tr

https://www.autonews.com/suppliers/texas-firm-taking-europes-evbox-public-14-billion-deal

Under the terms of the deal announced Friday, EVgo will merge with Climate Change Crisis Real Impact I Acquisition Corp. (CRIS) in a transaction that will raise about $575 million, and value the company at about $2.6 billion. 

N/A

Hanford, CA

$50 million

Partnering with Magna International to build the Fisker Ocean SUV - https://www.cnbc.com/2020/10/15/fisker-closes-deal-for-supplier-magna-to-build-its-ocean-electric-suv.html

https://finance.yahoo.com/news/fisker-partner-cox-automotive-rivus-140400352.html

Battery factory to be located in the Mo i Rana industrial complex in Northern Norway.

$29.1 million

$251 million as of December 2020

N/A

https://venturebeat.com/2020/12/11/lidar-startup-innoviz-goes-public-via-1-4-billion-spac-merger/

https://www.futurecar.com/4317/Chinas-Newest-New-Energy-Vehicle-Startup-Li-Auto-Reaches-Sales-of-30000-Units-This-Year

https://www.autonews.com/manufacturing/lightning-emotors-go-public-reverse-merger-spac

$550 million

Saint-Jérôme, Canada

https://pages.thelionelectric.com/wp-content/uploads/2020/11/Lion-Electric-Northern-Genesis-Acquisition-Corp.-Merger-EN.pdf

Luminar said it was able to raise $170 million in private investment in public equity, or PIPE, by institutional investors, including Alec Gores, Van Tuyl Companies, Peter Thiel, Volvo Cars Tech Fund, Crescent Cove, Moore Strategic Ventures, GoPro founder Nick Woodman and VectoIQ, with the majority of the major existing investors participating. The transaction will also include a balance of about $400 million cash that has been held by Gores Metropoulos.

https://techcrunch.com/2020/08/24/lidar-startup-luminar-to-go-public-via-3-4-billion-spac-merger/

CITIC Securities, a Chinese state-owned broker, led a $400 million private funding round in the company in 2017, according to its website.

Zhejiang, China

https://www.reuters.com/article/us-microvast-m-a-tuscan-holdings/ev-battery-maker-microvast-to-go-public-through-spac-merger-idUSKBN27T2L7

$2.5 billion

https://www.autonews.com/china/nio-joins-race-cash-share-sale

https://www.greentechmedia.com/articles/read/nuvve-electric-vehicle-to-grid-charging-pioneer-to-go-public-via-spac-reverse-merger

Proterra operates manufacturing facilities in California and South Carolina, as well as a state-of-the-art R&D lab in Silicon Valley. The Company recently announced the opening of a new battery production line co-located in its electric transit bus manufacturing facility in Los Angeles County. T

https://www.greentechmedia.com/articles/read/proterra-to-take-electric-vehicle-drivetrain-business-public-via-spac-transaction

$300 million

The transaction is expected to provide more than $500 million of gross proceeds to the Company. This includes funds from a fully committed $300 million PIPE with participation from long-term strategic investors including Koch Strategic Platforms, Mahindra & Mahindra and Magna International. As a result of outsized demand, the PIPE offering was meaningfully oversubscribed and upsized.

https://www.autonews.com/mobility-report/ev-tech-supplier-ree-automotive-go-public-merger

Fremont, CA; Sparks, NV;  Shanghai, China; Under construction: Austin, TX; Grünheide, Germany

https://techcrunch.com/2020/07/02/velodyne-becomes-latest-tech-company-to-go-public-using-a-spac-eschewing-the-traditional-ipo-path/

Union City, Indiana

https://www.fool.com/investing/2020/08/03/first-look-the-spac-deal-that-will-take-electric-p.aspx