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Polestar aims for $20B valuation in planned merger with Gores Guggenheim

Teslarati

Swedish electric car startup Polestar is already backed by countrymate Volvo, but the automaker is now planning to merge with SPAC Gores Guggenheim to list shares on Nasdaq and raise around $1 billion to expand manufacturing lines. is acting as a financial advisor and lead capital markets advisor to Gores Guggenheim.

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NTSB issues preliminary report on fatal Tesla crash in Mountain View

Green Car Congress

According to performance data downloaded from the crash vehicle, a 2017 Tesla Model X P100D, the driver was using traffic-aware cruise control and autosteer lane-keeping assistance, which are advanced driver assistance features that Tesla refers to as autopilot. The location of the SCI smart cushion crash attenuator system is also identified.

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NTSB issues 9 safety recommendations after Tesla crash investigation; says no vehicle in US is self-driving

Green Car Congress

The 38-year-old driver of the 2017 Tesla Model X P100D electric-powered sport utility vehicle died from multiple blunt-force injuries after his SUV entered the gore area of the US-101 and State Route 85 exit ramp and struck a damaged and nonoperational crash attenuator at a speed of 70.8

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Polestar goes public and is listed on NASDAQ after SPAC merger

Teslarati

Polestar called the public listing “another significant milestone for the brand that launched in 2017 and has already become a global electric car company.

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Hydrogen Council study: hydrogen could contribute to 20% of CO2 emissions reduction targets by 2050

Green Car Congress

Launched at the World Economic Forum in Davos in early 2017, the Hydrogen Council is a first-of-its-kind global CEO initiative to foster the role of hydrogen technologies in the global energy transition. The coalition collectively represents total revenues of over € 1.5 trillion and more than 2 million jobs around the world.

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E-Waste is a Cybersecurity Problem, Too

Cars That Think

John Shegerian: When we got into the industry [in 2002], Al Gore had not yet won his awards for “ An Inconvenient Truth.” There was no iPhone or Internet of Things. But [e-waste] was still already the fastest-growing solid waste stream in the world.

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