|Bid||23.050 x 0|
|Ask||23.100 x 0|
|Day's Range||22.400 - 23.300|
|52 Week Range||17.340 - 36.450|
|Beta (5Y Monthly)||1.10|
|PE Ratio (TTM)||22.92|
|Earnings Date||Aug 16, 2021 - Aug 20, 2021|
|Forward Dividend & Yield||0.20 (0.73%)|
|Ex-Dividend Date||May 28, 2021|
|1y Target Est||N/A|
Volvo-backed Polestar is already way ahead of many hot EV names, and now its growth plan is shifting into high gear.
It was a big day for Polestar in New York City today at the company’s Polestar investor day, where it unveiled a number of new initiatives.
Polestar, the premium electric vehicle maker owned by China's Geely and Volvo Cars, expects sales to hit 29,000 this year and to grow tenfold by 2025 as it rolls out new vehicles starting with an SUV next year, its chief executive said. The Polestar 3 SUV, which will be built at Volvo Cars' plant in South Carolina starting in the second half of 2022, is an "important step for our company," Thomas Ingenlath said in an interview ahead of a series of events Polestar is hosting with investors to discuss company strategy.