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Global electric car sales Feb. 2022 - Up 99% YoY reaching 9.3% share. China sales up 176% YoY to 20% share. Europe sales were up 38% YoY to 20% share. EV market news - UK hits new record electric car market share. Germany joins EU ICE ban by 2035. Record high gas prices are driving de...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips It’s almost as if every few months there is a new electric vehicle that’s launching. It is in this environment that Polestar (NASDAQ: GGPI ) is completing its “de-SPACing” process. The elec...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips On the surface, GGPI stock benefits from cynical tailwinds. However, cost restrictions impose challenges for all EVs. GGPI might be worth a look, but vigilance is a must. Source: Trygve Finkelsen / Shutterstock ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Gores Guggenheim (NASDAQ: GGPI ) and Swedish electric vehicle (EV) maker Polestar are expected to complete their merger, forming a new company that will trade under the ticker symbol “PSNY” later i...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Pre-merger special purpose acquisition company (SPAC) Gores Guggenheim (NASDAQ: GGPI ) is having a rough time. GGPI stock, which is set to merge with Swedish electric vehicle (EV) maker Polestar, is in trouble due t...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips GGPI stock offers value in the risky EV space Gores Guggenheim has macro and geopolitical risks Don’t trade; park in GGPI stock for long-term gains Source: Jeppe Gustafsson / Shutterstock.com Positive com...
Single-motor variant offers up to 270 miles of range, with pricing starting as low as $33,400 after incentives*. Both dual- and single-motor variants available now for purchase and test drive. Polestar, the premium electric performance car maker, today announced inbound ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips With its merger with Polestar still pending, Gores Guggenheim (NASDAQ: GGPI ) is holding steady. At $11.29 per share at the start of March 23, GGPI stock trades at a small premium to its SPAC (special-purpose acquisitio...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Gores Guggenheim (NASDAQ: GGPI ) is in the spotlight once again after the company completed a major milestone. As a refresher, Polestar agreed to merge with the special purpose acquisition company (SPAC) last year i...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips We are getting closer to the reverse merger between Gores Guggenheim (NASDAQ: GGPI ), a special purpose acquisition company (SPAC), and Swedish electric-car maker Polestar . The deal is expected to close in the first...
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Polestar raises approximately $890 million gross proceeds; begins trading June 24 on Nasdaq under ticker “PSNY” Polestar Performance AB and its affiliates (“Polestar” or the “Company”), the global pure play, premium electric perf...
Business combination expected to close tomorrow, June 23, 2022 Polestar expected to begin trading on Nasdaq under ticker symbol “PSNY” on June 24, 2022 Gores Guggenheim, Inc. (“Gores Guggenheim” or the “Company”) (NASDAQ: GGP...