Polestar is trying to profit from in global EV growth by “helping to accelerate the shift to sustainable mobility as consumer interest in the environmental and convenience benefits of electrification increases.” Polestar previously announced its intention to list on Nasdaq New York in a proposed business combination with Gores Guggenheim, Inc. (Nasdaq: GGPI, GGPIW, and GGPIU), which is expected to close in the second quarter of 2022.