Polestar will embark on a £14.6 billion public listing as part of a strategy to fund “significant investment in products and the expansion of operations and markets”, it has revealed.
The Geely-owned performance electric vehicle (EV) manufacturer, which is currently driving sales with just two car models in 14 markets, already counts Volvo Car Group, affiliates of Geely chairman Eric Li and movie star Leonardo DiCaprio amongst its stakeholders.
Its listing will be facilitated by a definitive business combination agreement Gores Guggenheim, however, a special purpose acquisition company formed by affiliates of The Gores Group and Guggenheim Capital, LLC.
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AM Dealer Recommended 2025
In this issue we present the top perfomers in the 2025 AM Dealer Recommended research.
Significant motor retail industry suppliers have been endorsed by UK automotive retail leaders in our research programme.
We surveyed dealers from our audience to find out who they trust most and rely on for products and services in a variety of critical aspects of their motor retail operations.
Almost 30 companies received sufficient support from AM's dealer audience to become Dealer Recommended this year.
Find out who they are and learn from them how they can problem solve in your business.
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