Sidebar Ads

Monday, September 27, 2021

Volvo's Polestar electric brand to go public through SPAC merger worth $20B


Volvo's Polestar electric brand to go public through SPAC merger worth $20B



Volvo-owned Polestar is going public through a SPAC merger with Gores Guggenheim worth $20 billion, the companies announced Monday. The all-electric brand plans to start building cars in South Carolina in 2022.

0 comments:

Post a Comment

Argos is getting a makeover - but can it attract new shoppers?

The retailer has been around for 50 years but struggled to compete with newer rivals such as Amazon. Can its new owners turn it around? fro...