What's up guys and welcome back to the
channel. what a day it's been for GGPI
stock
as I said yesterday I was expecting this
to open around $15
which it did,
and hit a new high of $16.41.
It has dropped back a little bit but no
worries this is the number one stock in
the world right now on trading volume
and the EV market is really heating up
again recently
with GGPI also being the number one
trending stock across all trading forums
right now.
If you've been watching my channel over
the past few months then you will have
seen the huge gains that we made
recently
over the past few months we've seen 9x
gains on ILUS since my first ILUS
video
we've had 10x gains on shiba inu from
the time of my first shiba inu video
back in may when nobody else was talking
about this
and in the past few weeks alone we've
seen AABB stock 3x from the time of my
video in september
if you watch my recent PQEFF videos I
covered the stock a few weeks ago at
only 11 cents telling you about a
potential buyout offer coming this stock
reached as high as 34 cents just a few
days later and even now it's a bargain
at only 18 cents. The board of directors
currently has an offer on the table to
buy the shares at 74 cents per share, so
what are you waiting for hit that
subscribe button now and stop missing
out on these huge money making stocks
turn on notifications and find out about
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instead of finding my video after the
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This is not financial advice I encourage
everyone to do your own due diligence
now let's dive into it. Polestar was
established as a new standalone swedish
premium electric vehicle manufacturer in
2017
founded by volvo cares and geely
holdings.
Polestar enjoys specific
technological and engineering synergies
with Volvo cares and benefits from
significant economies of scale as a
result
headquartered in sweden its vehicles are
currently available and on the road in
14 global markets across north america
europe and china in 2021 POLESTAR is
expanding into eight additional new
markets in europe the middle east and
asia
where polestar cars are currently
manufactured in two facilities in china
with additional future manufacturing
planned in the US.
In september
POLESTAR announced its intention to list
on nasdaq
in a business combination agreement with
Gores guggenheim's SPAC
(NASDAQ: GGPI)
The polestar deal will be supported by
cash proceeds of around 800 million
dollars from Gores guggenheim
and includes a pipe or private
investment in public equity of 250
million dollars from top tier
institutional investors polls pollster
also counts hollywood actor
leonardo dicaprio among its investors.
Polestar currently produces two electric
performance cares the Polestar One
which was a low volume electric
performance hybrid gt
and POLESTAR 2
the company's first fully electric high
volume car.
The Polestar 2 range offers three variants
with batteries as large as 78 kilowatts
and as much as 408 hp.
The Polestar 3 electric performance SUV
is expected to begin production next
year and posed our plans
the goal of creating a truly climate
neutral care by 2030.
As I mentioned in my videos over the
weekend on friday Polestar filed a proxy
statement with the u.s securities and
exchange commission
the business combination is expected to
close in the first half of 2022.
POLESTAR continues to deliver on its
market and retail expansion plans that
underpin significant growth targets
where they are expected to be operating
in 30 markets by the end of 2023 and
they're expected to ramp up sales to 290
000 vehicles by the end of 2025.
as I said before these are huge numbers
and this just goes to show how much of a
head start pole star have over their
rivals at the moment
in the us poster's biggest rivals look
certain to be Rivian and Lucid and Tesla.
POLESTAR are already selling cares across
north america china and europe
while (NASDAQ: RIVN) is now the biggest u.s
company with no sales
(NASDAQ: LCID) have just began deliveries of
their "Lucid Air"
and lucid told investors in july that it
expects to produce 20 000 lucid air
sedans in 2022.
POLESTAR have estimated their sales this
year to already be 29 000 units
now there is no doubt that tesla is the
leader in this sector and tesla are the
company that every single new EV company
gets compared to they are the market
leader and they set the benchmark
as we can see here it wasn't until mid
2018 the tesla sales really started to
take off and according to this tesla
achieved sales
in 2020 of 292 units polster is
estimating to have a similar number of
sales to this by 2025 which is fantastic
now i'm not having a dig at lucid or
tesla or rivien here
each of these companies all have their
own massive positives and advantages and
I believe that each of these will have a
big part to play as the EV sector really
gets into full flow over the next decade
i'm just pointing out the polls that are
not a new EV startup starting from
scratch in many ways they are already
ahead of the curve and far ahead of a
lot of the companies in this sector
in terms of first mover advantage in
this industry
that is obviously tesla
and then you have neo
which is expanding rapidly across china
and now breaking into the european
market too
but in terms of the rest polls that are
pretty high up the list
with their current market reach and
expansion plans
now this is something that i've spoke
about many times on the channel but when
it comes to these new and emerging
sectors there will be a number of new
entrants to the market but over time
only a few of these will succeed so
first mover advantage can be key
polestar began full-scale activity with
10 global markets in 2020 and is on the
road in 14 markets today
market expansion continues and in the
first half of 2022
spain portugal and ireland are planned
to be added to the european market
footprint with israel plan to expand
presence in the middle east
this is something that I look forward to
being in ireland i'd love to go test
drive one of these cars
a total of 86
retail locations are now open globally
up from 40 at the end of 2020
these poster retail locations include
downtown post-air spaces easily
accessible out-of-town post-air
destinations and post-air test drive
centers the latest additions include
facilities in new york city and boston
where after a surge of new openings a
total of 25 facilities are expected to
be operational by the end of 2021
so a surge of new openings here tells me
that these cars are in demand
more than 2 million people have visited
post their retail locations since the
start of deliveries in august 2020.
new markets and growth in existing
markets underpin their near-term volume
ambitions but in the longer term the
expansion will be fueled by plans to
launch a new care every year for the
next three years
in my last video I looked at an article
on seeking alpha
that said that the pollster 2 had
received disappointing reviews and i
pointed out that 8 and 8.5 out of 10
are not reviews that I would call
disappointing
but not only has the poster 2 had more
than 110 000 test drives but it has also
won more than 50 awards to date
in this article on investors place today
they say the poster has drawn more
comparisons to tesla than any other of
its rivals one expert described the
company's post there too as the closest
thing on the market today to a tesla
model 3 competitor
while poster ceo has stated that his
company does not intend to be a tesla
killer
it's clear that the new player to the ev
race could certainly challenge it
pulse there has plenty of projects in
the works including an suv with lidar
advanced sensor technology system
pioneered by luminar technologies nasdaq
ticker
l a l-a-z-or
this is another emerging sector over the
past 12 months that i've been keeping an
eye on
with companies like luminaire velodyne
lidar aI and innoviz all being on my
research list at a certain point over
the past 12 months
this is an industry that I have a keen
interest in and have done a lot of
research on
so if you would like to see me make a
video about some of these companies then
drop a comment and smash that like
button
and I plan to make some videos over the
coming two weeks
looking at some of the best value stocks
in the market right now
in both the EV charging sector and the
lithium mining sectors as these are
going to be vital over the coming years
so if this is something that you would
like to see more of then subscribe and
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anyways I find it very interesting and
to be honest not at all surprising the
pollster will be working with luminar
as I said over the weekend Gores
guggenheim is made up of the guggenheim
investment group
and the Gores group headed by ceo alec
gores
the Gores group has brought several
companies public over the past few years
one of these is actually luminaire
and alec Gores is still on the board of
directors at luminaire
so guys that brings us to the end of the
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in the next one