Thomas Ingenlath, the CEO of Polestar, at the 2021 Shanghai Auto Show on Monday. Photo: Handout
Thomas Ingenlath, the CEO of Polestar, at the 2021 Shanghai Auto Show on Monday. Photo: Handout

Shanghai Auto Show 2021: Volvo’s premium EV brand Polestar may ride on the back of a SPAC listing to get access to funding

  • There are options on the table other than SPACs, Polestar CEO Thomas Ingenlath says
  • Carmaker raised US$550 million in a financing round this month led by Chinese investors

Thomas Ingenlath, the CEO of Polestar, at the 2021 Shanghai Auto Show on Monday. Photo: Handout
Thomas Ingenlath, the CEO of Polestar, at the 2021 Shanghai Auto Show on Monday. Photo: Handout
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