Turnover: ()
Country: Sweden
Electric car brand owned by Volvo, itself a member of China's Geely Group
News
Polestar, an electric car, takes its first steps on Wall Street. 27/06/2022
- Polestar, the Volvo subsidiary, has raised $890 million to continue its development
- Its sales target is 10,000 cars in 2020 and 29,000 in 2021.
- The company has placed a major order for 65,000 vehicles over five years with rental company Hertz
- Polestar, a new carmaker and pure player in electric cars, is floated on the stock exchange.
- The deal values the young automaker, born in 2017, at over $20 billion - three times Renault's market capitalization
- Polestar has a factory in China and is due to launch the Polestar 3 by the end of the year at a plant owned by Volvo
Studies mentioning this company
The electric cars market - France
Other companies mentioned:
- Tesla
- Nissan
- BMW Mottorrad
- Hyundai Motors
- Toyota
- LG Chem
- Symbio
- Saft
- Forsee Power
- Blue Solutions
- Volvo Polestar
- Polycrystal
- MG Motor France
- Audi (Volkswagen Group)
- KIA
- Mini (BMW)
- Lexus France
- Cupra (Seat group)
- Mazda
- Smart
- DS Automobiles (Stellantis)
- Abarth
- Aiways Automobile
- Fisker
- Jeep
- Chevrolet
- Aston Martin
- Cadillac
- Stellantis (Groupe PSA et Fiat)
- Renault Groupe