Latest electric-vehicle IPO Canoo will raise funds to build its 'loft on wheels'
August 18, 2020 at 07:00 AM EDT
This is the fourth electric-vehicle company to use a SPAC to go public since March. Nikola, which plans to sell hydrogen fuel cell trucks and all-electric pickups, merged with a SPAC named VectoIQ Acquisition ahead of its IPO.