Volvo Cars subsidiary Polestar has agreed to go public through a merger with blank-check firm Gores Guggenheim at an enterprise value of $20 billion, the company said Monday.
Volvo Cars subsidiary Polestar has agreed to go public through a merger with blank-check firm Gores Guggenheim at an enterprise value of $20 billion, the company said Monday.
Automakers and dealers that are in states adopting California’s Advanced Clean Cars II rule – which sets ambitious, annually escalating ZEV sales mandates and threatens stiff penalties for noncompliance – face a daunting challenge