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What Exactly Is The New Limited Edition EV Polestar Beast?
A new electric vehicle with very limited availability is about to hit the roads
Polestar (GGPI) has been one of the fastest rising electric vehicle manufacturers in the world over the past few years. Although the company is still very much in their infant stages, they have made waves with their solid production numbers, well received vehicles and aggressive plans for the future. Something new that is coming soon to their portfolio is a very limited edition experimental vehicle model nicknamed “the Beast.” But what is this new variant all about?
Swedish-Chinese EV maker Polestar is currently awaiting the finalization of a SPAC merger with Gores Guggenheim, Inc. (GGPI), while a number of other EV companies simultaneously work furiously to establish themselves as industry leaders. Polestar has produced highly regarded vehicles since 2017. In 2020, they earned approximately $645 million in revenue, which WCCTech indicates was more than 600% growth relative to 2019. They followed that up by selling 29,000 vehicles in 2021, representing a 185% increase in sales year over year.
The company has aggressive growth plans, including selling a projected 290,000 vehicles in 2025. They are striving for something that provides a unique Polestar experience to…