October 24, 2020

car

automotive

Why This Former GM Executive Launched a SPAC Aimed at Transportation and Sustainability Sectors

Barry Engle, who formerly served in senior executive roles at General Motors created and is leading his own SPAC, Qell.

Qell aims to “focus its search for a target in the next-generation mobility, transportation and sustainable industrial technology sectors, but may pursue a target in any stage of its corporate evolution or in any industry, sector or geographic location”

This SPAC comes as Tesla has a record year, filled with various positive headlines, and a stock split and the stock itself is up 744% in the past year. 

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