SuccesInvst
2022-06-25

$Polestar Automotive(PSNY)$which is merging with SPAC Gores Guggenheim Inc (NASDAQ:GGPI), announced on 9 June that it has begun delivering the new Polestar model 2s to Hertz (NASDAQ:HTZ) as part of an agreement announced in April. Under the agreement, the Swedish electric vehicle maker will supply the rental company with 65,000 cars over the next five years, one of the largest single orders for electric cars ever made.

“Our partnership with Hertz is an exciting milestone that provides the opportunity for a significant number of potential new customers to experience an EV for the first time, and it will be in a Polestar,” says Thomas Ingenlath, CEO of Polestar. “With over 55,000 Polestar cars already on the road across our 25 live markets, there is no doubt that our brand is growing at an incredible pace.”

As always, please DYODD ✌️

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Comments

  • MortimerDodd
    2022-06-25
    MortimerDodd
    It looks like the electric car industry is on a roll.
  • LouisLowell
    2022-06-26
    LouisLowell
    Thanks for sharing. What you said makes sense.
  • Novem678
    2022-06-29
    Novem678
    Pltr to the moon....
  • EvanHolt
    2022-06-25
    EvanHolt
    Thomas Ingenlath's words excite me.
  • Maria_yy
    2022-06-25
    Maria_yy
    Is Polestar a subsidiary of Volvo?
  • Elleysss
    2022-06-29
    Elleysss
    [smile]
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