Britain’s electric air taxi startup Vertical Aerospace made its debut on the New York Stock Exchange on Friday after a blank-check SPAC deal valued at $2.2 billion got the go-ahead. It injects the company with 300 million in cash and has Vertical Aerospace looking to set up shop, perhaps in Ireland.
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EVBox Group plans to list on the New York Stock Exchange through a merger with investment firm TPG Pace Beneficial Finance. The listing is expected to take place towards the end of the first quarter of 2021.
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Renault and Fiat Chrysler negotiate a merger to form one of the world’s largest car manufacturers. In the midst of talks, the French government, which has a 15% stake in Renault, has already some conditions though.
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BMW and Daimler want to tackle mobility together as they finally reach an agreement to merge DriveNow and Car2Go. A joint venture will include Daimler’s Mytaxi and Moovel as well as BMW’s ParkNow and ReachNow as well – if the cartel authorities agree.
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