Why Polestar Stock Is Surging Today

The EV maker began producing its new SUV in the United States this week. Shares of Swedish-Chinese electric vehicle (EV) maker Polestar Automotive (PSNY 16.66%) were trading sharply higher on Friday after the company said it had begun production of a new electric SUV in the United States. As of 11:30 a.m. ET, Polestar's shares were up about 16.6% from Thursday's closing price. Polestar is now making its family-sized electric SUV in the U.S. Polestar said it has begun production of the Polestar 3, an upscale ...