Chinese investors seem to have pulled off the trick of taking the famous UK Lotus car brand public, without people fully understanding that it is now indeed a sub-brand of Geely. The SPAC deal was announced just after we went to press last week and seems Lotus valued at $5.4 billion. This may well be the first of many Chinese SPAC’s in the clean energy space, as China looks to take advantage of a rapid route to public money that SPACs give. The SPAC or special purpose acquisition company route to going public is fairly universally frowned upon by serious investors – a blank check is written by investors, to a third party, which then goes on to identify and…