$HCAC CIIC SPAC merging with UK EV company Arrival went from 10.8 to 16.2 in 2 days. They have investment from Hyundai Kia and raised PIPE fund thru Blackrock largest investment bank just like Canoo did. But Arrival will be focusing on UPS delivery van and passenger bus which Hyundai already makes EV passenger bus which is different than Canoo. Expect same rise for Canoo as we get closer to December. CIIC will have IPO merger in February 2021. Arrival is ran by Russian ex mobile phone service company nothing to due to EV or automotive thus they either have to hire someone who knows or pay to other company for technology. Canoo built themselves.
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