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EV company with almost no revenue posts 3,000% gain in eight months - Vimarsana News

EV company with almost no revenue posts 3,000% gain in eight months

Blink’s colorful origin story has been a prime target of short-sellers. (Feb 8): There is nothing about the finances of Blink Charging Co that would suggest it’s one of the hottest stocks in America. It’s never posted an annual profit in its 11-year history; it warned last year it could go bankrupt; it’s losing market share, pulls in anemic revenue and has churned through management in recent years. And yet a hot stock it is. Investors have bid Blink’s share price up 3,000% over the past eight months. Only seven stocks — out of about 2,700 that are worth at least US$1 billion — ...

EV Company With Almost No Revenue Posts 3,000% Gain in 8 Months - Vimarsana News

EV Company With Almost No Revenue Posts 3,000% Gain in 8 Months

There is nothing about the finances of Blink Charging Co. that would suggest it’s one of the hottest stocks in America.

Source: msn.com
Israeli EV startup REE to go public through $3.60 billion blank-check deal - Vimarsana News

Israeli EV startup REE to go public through $3.60 billion blank-check deal

By Reuters Staff 2 Min Read (Reuters) - Electric vehicle technology startup REE Automotive has agreed to go public through a merger with a blank-check company, in a deal that values the Israeli firm at around $3.60 billion, the companies said on Wednesday. FILE PHOTO: A prototype of a rolling chassis for electric vehicles developed by Israel's REE Automotive, is seen during a test drive in Beersheba, southern Israel September 17, 2020. Picture taken September 17, 2020. REUTERS/Amir Cohen/File Photo The deal with 10X Capital Venture Acquisition Corp is expected to provide $500 million in proce...

EVgo, CRIS Enter Agreement to Expand U.S. EV Charging Network - Vimarsana News

EVgo, CRIS Enter Agreement to Expand U.S. EV Charging Network

NGT News January 25, 2021 EVgo Services LLC, the U.S.’ largest electric vehicle (EV) public fast-charging network, and Climate Change Crisis Real Impact I Acquisition Corp. (CRIS) have entered into a definitive agreement for a business combination that would result in EVgo becoming a publicly listed company. EVgo meets CRIS’ investment criteria, which focus on investments in disruptive energy infrastructure opportunities that are strongly aligned with environmental, social and governance principles. Upon closing of the transaction, the combined company will be named EVgo Inc. ...

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Climate Change Crisis Real Impact I Acquisition Corporation Merger - Vimarsana News

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Climate Change Crisis Real Impact I Acquisition Corporation Merger

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Climate Change Crisis Real Impact I Acquisition Corporation Merger January 25, 2021 13:16 ET | Source: Rigrodsky Law, P.A Rigrodsky Law, P.A WILMINGTON, Del., Jan. 25, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating Climate Change Crisis Real Impact I Acquisition Corporation (“CRIS”) (NYSE: CLII) regarding possible breaches of fiduciary duties and other violations of law related to CRIS’s agreement to merge with EVgo Services LLC. To learn more about this investi...