NGAC Stock: What to Know About the Red-Hot Xos SPAC Merger
Churchill Capital IV (NYSE: NGAC Stock Gets Big Book of Business The deal comes as the new administration in Washington is going all-in on EVs. Investors are betting that electric vehicles will benefit from President Joe Biden’s proposed $1.7 billion green energy infrastructure plan, as well as his “Build Back Better” economic policy that focuses on clean energy and manufacturing, providing a boost to U.S. electric vehicle stocks. Biden recently issued an executive order calling for an all-electric federal vehicle fleet. Unlike other EV-SPAC deals, investors in NGAC stock will be hi...
Source: investorplace.com