ZeroNox President and Co-Founder Robert Cruess

SPACInsider

SPAC transactions have taken a variety of Electric Vehicle (EV) business models to the public markets.

ZeroNox brings another new approach to the EV story with its focus on retrofitting fleets of off-highway vehicles for sustainability.

This week, we speak with ZeroNox President and Co-Founder Robert Cruess and Yana Kakar, CEO of the Growth for Good Acquisition Corporation (Nasdaq: GFGD).

The pair announced a $306 million dollar combination in March. Yana explains why the off-highway segment of the EV market was attractive for the Growth for Good team.

And Robert notes how ZeroNox’s asset-light approach makes it a unique de-SPAC candidate in the EV space with more revenue generated to date than outside capital raised.