US Securities Regulatory Commission cools down EV SPAC boom

The US Securities Regulatory Commission cools down the electric car SPAC boom Lucid’s parent company passed SPAC’s deal with lithium battery backed electric car startups in July, which seems to be tailor-made. Retail investors welcome deals between SPACs and electric car manufacturers.   A crackdown A crackdown on SPAC (blank cheque company, also known as…