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Polestar Automotive (NASDAQ:PSNY) attempt up on Tuesday afterwards the electric agent maker appear that the 100,000th Polestar 2 was afresh produced in Luqiao, China. The car in catechism is destined for a chump in Ireland, which was acclaimed to be one of the newest Polestar markets.

Last week, Polestar, administration common a full-year ambition of carrying about 50K units for the year and mentioned that Q4 should be a almanac commitment quarter.

PSNY landed on Seeking Alpha’s Catalyst Watch this anniversary with the Phoenix Auto Show accepted to accommodate an actualization by the company. The electric agent maker will accomplish the all-electric Polestar 2 accessible for analysis drives and an aggrandized absoluteness acquaintance will acquiesce visitors to analysis out the aloof appear Polestar 3, which is set to absolution at the end of 2023. The accident could allure media and broker absorption to Polestar.

Shares of Polestar jumped 19.57% on Tuesday to ability a 12-week high.

Read the latest breakdowns on Polestar from Seeking Alpha authors.

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