5 Best EV SPACs to Buy Now

4. Tortoise Acquisition Corp. II (NYSE: SNPR)

Tortoise Acquisition Corp. II (NYSE: SNPR) is a special purpose acquisition company that is headquartered in Kansas. It is ranked fourth on our list of 10 best EV SPACs to buy now. The firm went public in September 2020, raising close to $345 million from the initial offering. It now has a market capitalization of $427 million. It targets mergers with firms working in the sustainability sector. The CEO of the company is Vincent Cubbage. 

Tortoise Acquisition Corp. II (NYSE: SNPR) has signed a definitive agreement for a merger with Volta Industries, a San Francisco-based firm that makes and sells electric vehicle charging stations. The company is valued at over $2 billion and is expected to debut on the stock market soon.