Why Lotus Tech Decided to Go Public Via SPAC

Lotus Technology CFO Alexious Lee explains why the electric-vehicle maker decided to go public via SPAC. Speaking with Katie Greifeld on Bloomberg Television, Lee also discusses the company's position in the EV market and its commitment to electrification.
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[@jman4real871]

Hahaha... it sounded like his first words to her question was, ''Well, money''. 😂😅😊

[@KenjiEspresso]

Awesome!👏

[@shoopddawhooped]

Ahhhhhh Lotus, how disappointing! a SPAC, gross. Look how far the legacy falls, hate to see it.

[@jman4real871]

It's not about the legacy, it's probably about free money and advertising, for them.

[@KenjiEspresso]

Sick!

[@srqcrna]

Oh no… a SPAC?!?!?

[@hollycow4751]

After listening - bla bla as usual around electrification, no real USP, plenty of empty words, using LVMH to sell super premium but no real connections, missing the AI key word to move blind investors 😂

[@pedroSilesia]

mkt cap almost the same as NIO?!

[@johnmaris1582]

Shady business need even shadier financial vehicle to skip the regulation.

[@sem3p]

100% Scam.

[@Drew-fo6jk]

You don’t know what a scam is

[@ps3301]

No one buys lotus. Crappy car. I owned one and it was terrible

[@Frogfrog1234]

How sad that Lotus is managed by these Chinese.

[@nanoc1857]

Please shut up. Its the same like saying managed by the jews... Its hate speech please stop it.

[@szoo7]

👎