Electric-carmaker Polestar, controlled by Volvo Car AB and its owner Zhejiang Geely Holding Group, is exploring options for going public as soon as this year, Bloomberg reports. Discussions include a possible SPAC deal.
The company is working with an adviser as it weighs alternatives including a U.S. or Hong Kong IPO, or a merger with a SPAC, sources told Bloomberg. The EV maker could be valued at more than $10 billion. Read more.
