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Billionaire Denis Sverdlov scores 3,000% gain through electric vehicle SPAC

Denis Sverdlov’s Arrival Ltd, merged with a SPAC CIIG Merger Corp, is now worth $15.3 billion, more than double its valuation at the start of last year. Denis Sverdlov, a former Russian deputy minister, was already a wealthy man from a telecom startup when he turned his attention to electric vehicles and founded Arrival Ltd. […]

Ather Energy ties up with BPCL to expand charging infrastructure