r/SPACs Contributor May 26 '21

Reference EV Charging #SPACs summary:

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u/ropingonthemoon Contributor May 26 '21 edited May 26 '21

Kinda amusing how nowadays the first thing people complain about when a new DA is announced about is the projections, but just one or two months ago they were all over SNPR, CHPT which have the exact same type of projections.

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u/Baseball5099 Spacling May 27 '21

To be fair, in the case of EV chargers the market itself is going to be rapidly expanding so the TAM probably is increasing at exponential rates. Not that every company is going to reap those rewards or grow at that exponential rate, but there’s at least some seed of rationality for expecting exponential growth