Why Leonardo DiCaprio Backs EV-Maker Polestar

Sep.27 — Polestar, the electric-vehicle maker backed by Volvo Car Group and actor Leonardo DiCaprio, agreed to go public through a merger with a blank-check company at a roughly $20 billion enterprise valuation. Thomas Ingenlath, CEO at Polestar, says their cars will be in over 30 markets in 2023. He speaks on “Bloomberg Markets, European Close.”