Geely Automobile Holdings Ltd

Polestar set to become latest electric vehicle maker to go public via SPAC merger
Business

Polestar set to become latest electric vehicle maker to go public via SPAC merger

Shares of Polestar are set to debut under the ticker “PSNY” on Friday, making it the latest electric vehicle maker to go public via a merger with a special purpose acquisition company, or SPAC. Polestar said its stock will begin trading on the Nasdaq exchange after it completed its merger with the SPAC Gores Guggenheim. […]

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Chinese automakers want to bring assisted driving to the masses
Technology

Chinese automakers want to bring assisted driving to the masses

Jidu, Baidu’s electric car venture alongside Geely, revealed its first concept car on June 8, 2022. Baidu BEIJING — As Chinese companies race for a slice of the world’s largest car market, they’re betting heavily on assisted driving technology. China sold nearly 21.5 million passenger cars last year. That’s roughly the equivalent of sales in […]

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Polestar set to become latest electric vehicle maker to go public via SPAC merger
Business

EV start-up Polestar signs deal to supply up to 65,000 vehicles to Hertz

Swedish electric vehicle maker Polestar will supply up to 65,000 vehicles to car rental giant Hertz Global over the next five years, the two companies announced Monday morning. Hertz will begin making fully electric Polestar 2s available via its network in Europe this spring, and in North America and Australia before the end of 2022. […]

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