SPACs (Special Purpose Acquisition Companies) have become a popular way for new companies to launch on the public markets in recent years. With so many SPACs in the EV and Green Energy space, we dive in to take a look at some SPACs worth watching
Green energy stocks haven’t always lived up to the hype they create. Investing in green energy companies is not for the faint hearted but can be rewarding. We take a look at some “under the radar” companies in the EV and green energy space.
TPI Composites one of a select numberof wind energy stocks available to investors, is a leading manufacturer of composite wind blades. It supplies those all important blades to wind turbine manufacturers and commands nearly a 20% of all onshore wind blades sold on a megawatt basis globally. With continued shift to wind energy, TPI Composites is well positioned.
Sunrun as already the U.S largest home solar company before it agreed to buy its rival, Vivint Solar, in a deal worth a whopping $1.5 billion. The takeover, which closed in October 2020, creates a rooftop solar behemoth that provides 75% of new home solar leases every 3 months, according to reports.
ElectraMeccanica. The ElectraMeccanica is and ultra small vehicle akin more to a scooter than a modern car. The “bubble” like motor has cute, stylish looks that will in particular appeal to city dwellers. Whether the three wheeled machine will have broader appeal will be interesting, as three wheel versions in the past have not been widely adopted. At Universally Green, we like the fun styling and practical compact nature of this quirky electric vehicle
Canoo. The quirky looking EV truck maker CanooOn announced an electric pick-up truck due to release some time in 2023. Canoo will offer both single-motor and dual-motor all-wheel drive options for their pick-up truck, with plenty of horsepower and torque. The truck will face some competition from Tesla with their high profile Cyber Truck but Canoo will surely appeal to some with it’s touted 200 mile range.
