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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.

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Train drivers accept pay deal to end strike action

Aslef said 96.6% of its members who voted backed the deal, marking the end of long-running strikes. from BBC News https://ift.tt/LxCn1G9