Polestar Planning Rivian-Like IPO | CarBuzz

Polestar Automotive Holding UK Limited has announced that it has filed a registration/proxy statement with the US Securities and Exchange Commission (SEC) on November 12, bringing it a step closer to that NASDAQ initial product offering (IPO).

That’s not all that’s planned though, as Polestar is expanding in the retail sector with 86 dealers now open globally, up from 40 at the end of last year. In 2020, it had “full-scale activity” in ten markets, and that has now increased to 14. Expansion will continue next year as Spain, Portugal, and Ireland are expected to be added to its European dealer network, while Israel is also in the cards.