Swedish EV-maker Polestar reportedly preparing to go SPAC at $21B valuation - NewsBreak

Polestar falls under Volvo Car Group's electric performance brand, but both Polestar and Volvo are owned by Chinese car maker Zhejiang Geely Holding Group Co. Existing investors, including actor Leonardo DiCaprio, will receive an additional $250 million investment as part of the SPAC deal, sources say. If this deal goes...