Lightning eMotors taps new CFO as it prepares to go public

LOVELAND — Heavy duty electric vehicle maker Lightning eMotors Inc. has named Teresa Covington as its new chief financial officer as it prepares to go public this year.

In a statement, the company said Covington will head up the company’s financial operations and investor relations teams.

Lightning announced in December that it would merge with special-purpose acquisition company GigCapital3 Inc. (NYSE: GIK) in a deal that would allow the Loveland company’s stock to trade on the New York Stock Exchange under the ticker “ZEV”. The deal is expected to add $270 million in…