Polestar IPO faces a cooling market for EV stocks

POLESTAR 2 — The Polestar 2 full-electric sedan. Polestar plans to go public this year through a reverse SPAC merger that puts an estimated enterprise value of $20 billion on the Geely brand.

Urvaksh Karkaria

May 08, 2022 04:00 AM

Just as Swedish electric-vehicle maker Polestar prepares to go public, the financial market is looking uncertain.

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