GUANGZHOU -- Geely, China's largest private-sector automaker, reportedly is exploring a U.S. listing for its luxury subsidiary Polestar through a deal with a special-purpose acquisition company (SPAC).
US float to follow fundraising, looking to lift luxury unit's value to $40bn

The Polestar 2 electric car is displayed at a showroom in Shanghai. © Reuters
GUANGZHOU -- Geely, China's largest private-sector automaker, reportedly is exploring a U.S. listing for its luxury subsidiary Polestar through a deal with a special-purpose acquisition company (SPAC).