GGPI rose nearly 14% in premarket trading as it signed a merger and listing agreement with electric vehicle manufacturer Polar Star

Tiger Newspress2021-11-15

GGPI rose nearly 14% in premarket trading as it signed a merger and listing agreement with electric vehicle manufacturer Polar Star.

On November 12th, GGPI submitted its quarterly report to SEC. At the end of September, GGPI signed a merger and listing agreement with electric vehicle manufacturer Polar Star, with a valuation of about 20 billion US dollars. Polar Star is a high-end electric vehicle brand jointly built by Geely and Volvo. Its production bases are located in Chengdu and Taizhou. At present, Polestar 1 and Polestar 2 have been launched.

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精彩评论

  • etan000
    2021-11-16
    etan000
    Ok
  • Maxcsyang
    2021-11-16
    Maxcsyang
    GGPI has all the ticks to be a success. Polestar has ready plants in US and China, ready to roll. 
  • Choon
    2021-11-15
    Choon
    [Smile] 
  • andyjad
    2021-11-15
    andyjad
    Good
  • Bonds
    2021-11-15
    Bonds
    Good news
  • Jiaqiang
    2021-11-15
    Jiaqiang
    Like m comment 
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