5 Best EV SPACs to Buy Now

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In this article, we discuss the 5 best EV SPACs to buy now. If you want to read our detailed analysis of these SPACs, go directly to the 10 Best EV SPACs to Buy Now.

5. Kensington Capital Acquisition Corp. II (NYSE: KCAC)

Kensington Capital Acquisition Corp. II (NYSE: KCAC) is a special purpose acquisition company that operates from Westbury. It is ranked fifth on our list of 10 best EV SPACs to buy now. The company went public in February 2021 and managed to raise more than $230 million from the offering. It targets mergers with firms working in the automotive and related sectors in the United States. The CEO of the firm is Justin Mirro. 

Kensington Capital Acquisition Corp. II (NYSE: KCAC) is reportedly in talks for a merger with Wall Box Chargers, a firm that markets smart electric vehicle charging stations and is valued at $1.5 billion. It is expected to debut on the stock market late this year or early next year. 

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