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“For starters, the company is shipping cars. Polestar shipped about 13,600 units in the first quarter. It expects to ship 50,000 units in 2022 and 124,000 EVs in 2023. Rivian, for comparison, is expected to deliver about 25,000 vehicles in 2022 and 86,000 vehicles in 2023.”
I’m starting to think maybe I should buy a Polestar instead, it’s also an interesting company.
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I’m starting to think maybe I should buy a Polestar instead, it’s also an interesting company.
A New EV Company Arrives This Week. It’s Worth More Than Rivian. — Barron's
Polestar, the electric vehicle maker being spun out of Volvo Car, should begin trading on Friday with a huge enterprise value. Polestar agreed to merge with a special purpose acquisition company, or SPAC, Gores Guggenheim (GGPI) back in September 2021. Now the merger process is nearly wrapped...