To celebrate its initial public offering (IPO), Polestar rang the famous bell on the Nasdaq in New York City. Since June 24, 2022, Polestar has been trading under the symbol PSNY.
Thomas Ingenlath, the CEO of Polestar, was in New York City with members of the Polestar and Gores Guggenheim teams to celebrate Polestar's latest step toward sustainable transportation.
CEO of Polestar Thomas Ingenlath said, "Today is a day to be proud of, and the ringing of the Nasdaq bell shows that." This is the start of the next part of Polestar's story.
We have a clear idea of how this change will happen, and the listing gives us a way to speed up and strengthen the move toward more environmentally friendly transportation. The broadcast showed pictures of some of Polestar's more than 2,000 employees worldwide and the company's mission statement. On the famous square, there were also Polestar 2 cars that said "PSNY."
The Polestar offices and stores in the 25 markets where Polestar is active were connected to the Internet so that they could watch the event live and feel a part of it.
The IPO will help Polestar carry out its ambitious plans for growth in some of the most promising markets for electric cars around the world. It will also help Polestar reach its industry-leading goals for sustainability. These include, among other things, making a car that does not affect the climate by 2030.
Polestar is proliferating and has a wide range of products. By 2024, they will release three new high-end electric cars, including two SUVs. They are starting with the Polestar 3, an electric SUV that will be unveiled in October 2022 and is meant to set a new standard in this high-margin premium segment.