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Polestar
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Short description

Manufacturer of electric performance vehicles

Founded in 1996
Founded in

Company type Public Public (PSNY)
Company type

Industry Group transportation & logistics

Sector on-road vehicles

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

Ticker

Headquarters Sweden Gothenburg, Sweden
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State
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Parent Companies Volvo Group, Polestar

Updated by Cleantech Group on 08/29/2024

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Date Partner Type
07/05/2024
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IPO INFORMATION

Date

06/24/2022

IPO status

Listed

IPO Type

SPAC

Amount

$1B

Initial shares

Ticker symbol

PSNY

Exchange listed

Nasdaq

Prospectus URL

Prospectus

Source URL

Source

Description

Polestar has completed the business combination agreement with Gores Guggenheim to go public.

Date Investors Type Amount
02/28/2025 (0)
Post-money valuation of
Funding will be used for general corporate purposes.
Loan $450,000,000
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