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Volvo's Polestar electric brand to go public through SPAC merger worth $20B

Sept. 27, 2021, 7:31 a.m.

(FOX Business) Volvo-owned Polestar is going public through a SPAC merger with Gores Guggenheim worth $20 billion, the companies announced Monday. The all-electric brand plans to start building cars in South Carolina in 2022.

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