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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

Green Car Congress

Energy storage might form a relatively small piece of the overall financing required, but it is a strategically critical piece of the puzzle. Batteries are the platform technology for clean energy goals, so financing these supply chains is at the heart of the race towards net zero.

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Polestar 3 is already on sale with a massive $7,500 purchase incentive

Baua Electric

The $7,500 “Polestar Clean Vehicle Incentive” is good through February 29th. The discount is available “for all eligible lease, cash, and finance transactions.” Polestar 3 prototype testing (Source: Polestar) Polestar plans to build the electric SUV at Volvo’s plant in South Carolina.