Why Leonardo DiCaprio Backs EV-Maker Polestar

Latha, CEO of Polestar, discusses the company's sustainability focus and Leonardo DiCaprio's investment. The conversation shifts to Polestar's SPAC success, future market expansion, and the role of capital injection. Plans for manufacturing in the US, leveraging Volvo's infrastructure, and sustainability efforts are highlighted.

What is the main reason for Leonardo DiCaprio's involvement with Polestar?

• He wants to promote sustainability and zero emissions.

• He is a fan of electric cars.

• He is a shareholder in the company.

• He is a brand ambassador for Polestar.

What is the primary use of the SPAC funds for Polestar?

• To acquire a competitor.

• To invest in renewable energy sources.

• To expand into new markets and launch new car models.

• To develop a new marketing campaign.

How many markets does Polestar plan to target by 2023?

• 14 markets

• 23 markets

• 50 markets

• 30 markets

Where is Polestar planning to produce the Polestar 3?

• In China

• In South Carolina, USA

• In Germany

• In Sweden

Why is Polestar focusing on producing cars closer to the market?

• To enhance sustainability and reduce tariffs.

• To increase brand visibility.

• To improve delivery times.

• To reduce production costs.