#Polestar, the Swedish electric performance car brand, continues to deliver on its growth promise as it progresses towards a planned listing on the Nasdaq through a proposed business combination with Gores Guggenheim, Inc. (Nasdaq: GGPI, GGPIW, and GGPIU), expected to close at the end of June 2022.

Expansion into new markets and a growing retail footprint are both driving and supporting customer demand, while the development of new models is set to propel the brand further into high-margin premium SUV segments.

Polestar launched its 25th global market in the first half of 2022, a significant increase from 10 markets in 2020. Polestar has added six new markets since the start of 2022, including UAE, Kuwait, Hong Kong, Ireland, Spain and Portugal. The company also plans to launch in Israel and Italy in the second half of 2022, adding to its Middle East and European footprint. By the end of 2023, Polestar plans to be present in an aggregate of at least 30 markets globally, while continuing to evaluate new market opportunities for the future.

Sources:
https://media.polestar.com/global/en/media/pressreleases/654188
https://www.motortrend.com/news/polestar-5-electric-sedan-ev-patent-images-details?galleryimageid=b8fc9880-1a1d-41d9-9c22-95b0ff35015f

00:00 - Polestar New Models Teased
04:34 - Growth and Sales Projections
07:03 - Polestar Lineup Spreadsheet
12:15 - Closing Thoughts