Polestar Has Advantages Over Other Small BEV Competitors
Summary
- Polestar has exponentially better gross margins than Rivian and Lucid.
- Unlike NIO and XPeng, Polestar sells most of their vehicles outside of China.
- Relationships with Volvo Cars and Geely Automotive are key for Polestar’s asset-light approach.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of NIO, TSLA, XPEV, VOO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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