Overview

• Polestar's shares rose by nearly 14% following the announcement of its expansion plans.
• The new non-agency sales model aims to streamline the purchasing process for customers.
• Key leadership changes include the appointment of Anders Gustafsson as Head of North America.
• Polestar will enter markets in Europe, Asia, and Latin America, targeting significant EV markets.
• The expansion includes local distribution partnerships to enhance market penetration.