I honestly don't see going 100% EV on the next 10 to 20 years unless charging times are reduced significantly and charging stations become much more plentiful but that's just my opinion.
As for ERESU, my hunch is they have looked at three, possibly four targets to acquire with the hopes of landing 2 of them. What those specific targets are I can't even begin to speculate, but Terry and Kim don't want a failed business venture to taint there legacy. You can bet that if they went public with this, they know full well what the next steps are going to be, even if we don't...