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Polestar hits 2021 sales target of 29,000 vehicles, up 185% y-o-y

Green Car Congress

Polestar, the Swedish premium electric car company founded by Volvo Cars and Geely Holding, delivered on its global sales target of 29,000 vehicles in 2021, representing year-on-year growth exceeding 185%. Polestar has produced two electric performance cars. Polestar 2 Single Motor.

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Bounce Infinity Raises $20M in Funding from Existing Investors

Electric Vehicles India

Bounce Infinity, an electric scooter and removable battery company, has raised $20 million from existing investors, including Sequoia. They said the deal would provide the startup with a significant cash runway while discussing an external round or strategic sale. However, it denied consideration of direct sales.