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10X Capital Venture Acquisition Corp. (VCVC) to Combine with REE Automotive in $3.1Bn

10X Capital Venture Acquisition Corp. (NASDAQ:VCVC) has entered a definitive agreement to combine with electric vehicle-maker (EV) REE Automotive for an enterprise value of $3.14 billion.

REE Automotive makes a range of electric vehicles with “skateboard” designs capable of supporting models from buses and medium trucks down to sedans and even smaller last-mile delivery vehicles. ...READ MORE

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