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StockNews.com
Business
Pragya Pandey

Is Lightning eMotors a Good Electric Vehicle Stock to Buy?

Lightning eMotors Inc. (ZEV) in Loveland, Colo., made its stock market debut on May 7, 2021, following a de-SPAC transaction with GigCapital3. With a comprehensive suite of control software, telematics, analytics, and charging solutions, the company designs, engineers, customizes, and builds zero-emission cars to cater to fleet customer needs. 

Last week, the ZEV’s shares gained 18.5% in price after the company announced a partnership with General Motors to become the first GM Specialty Vehicle Manufacturer to offer completely electric Class 3 through Class 6 commercial vehicles.

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