5 Best EV SPACs to Buy Now

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1. NextGen Acquisition Corporation (NASDAQ: NGAC)

NextGen Acquisition Corporation (NASDAQ: NGAC) is a special purpose acquisition company headquartered in Florida. It is ranked first on our list of 10 best EV SPACs to buy now. The company concentrates on initial public offerings related to the industrial and healthcare sectors. It went public in October 2020 and raised more than $375 million from the offering. The CEO of the company is Patrick Ford. 

NextGen Acquisition Corporation (NASDAQ: NGAC) has a market capitalization of over $465 million. It has signed a definitive agreement for a merger with Xos, the electric vehicle maker that focuses on electric trucks and is based in California. Xos is valued at close to $2 billion and is planning to go public soon. 

You can also take a peek at 10 Best SPACs to Buy According to David Einhorn’s Greenlight Capital and 10 Best SPACs to Buy According to SoftBank’s Masayoshi Son.

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