Credit: Marlene Hyre-Dybbro

Polestar opens a new space in Denmark, the market where its model was the best seller in April

Written by Cláudio Afonso | | LinkedIn | Twitter

Polestar opened on Friday a new space in Copenhagen, the capital of the Scandinavian country Denmark. The new Space is located in Kristen Bernikov Gade and was inaugurated by the Swedish Ambassador Charlotte Wrangberg.

The Polestar 2 was the best-selling model in the country in April, with 210 vehicles achieving a 14.40 percent market share of the total 1,454 units sold in Denmark. In the first quarter of the year, the Volvo-backed EV manufacturer sold a total of 312 units showing how well the model has been accepted in the country.

The model has a starting price of 365.000 Danish Krones in the Standard-Range Single-Motor version with an estimated range of 440-474kms. When opting for the Long-Range Single-Motor version the price increases by 25,000kr and by 50,000kr for the Dual-Motor version.

Earlier today, Polestar announced the investment in the extreme fast charging battery company StoreDot. The Israel-based company aims to produce batteries for electric vehicles capable of charging up to 99 miles of range in just five minutes by 2024. StoreDot is Polestar’s first investment as both companies seek to explore the technology for future Polestar cars.

The EV manufacturer filed on Monday the Amendment Number 8 with the SEC towards its merger with Gores Guggenheim. Recently, the company said the merger process is expected to be closed in the first half of the year.

“Polestar intends to list on the Nasdaq in a proposed business combination with Gores Guggenheim, Inc. (Nasdaq: GGPI, GGPIW, and GGPIU), which is expected to close in the first half of 2022,” Polestar recently said.

After announcing the launching in Portugal on Friday, Polestar arrives now Spain with the first test drives of the Polestar 2 model starting on Tuesday, May 24, in Madrid and on June 1 in Barcelona. The model starts at €46,190 and the first units are expected to arrive the country in October.

Since the beginning of the year, the Swedish electric vehicle maker expanded to 4 new markets increasing its global presence to 23 markets, seven away from its target of 30 markets in aggregate by the end of 2023.

Written by Cláudio Afonso | | LinkedIn | Twitter