Polestar Says Delivered Approximately 13,900 Vehicles In Q3, Up 50% Y/Y
Portfolio Pulse from Benzinga Newsdesk
Polestar, a Swedish electric vehicle manufacturer, has reported a 50% year-on-year increase in vehicle deliveries for Q3, with approximately 13,900 vehicles delivered. PSNY, the US-listed SPAC that is set to merge with Polestar, may be impacted by this news.
October 05, 2023 | 11:06 am
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The strong Q3 delivery numbers from Polestar could positively impact PSNY, the SPAC that is set to merge with the EV manufacturer.
Strong delivery numbers indicate a positive performance for Polestar, which could increase investor confidence in PSNY, the SPAC merging with Polestar. This could potentially drive PSNY's stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80