Polestar Obtains $1.6B in Financial Support From Volvo and Geely’s Chairman
Your browser does not support the audio element. Polestar Automotive, a Swedish electric vehicle brand, announced on November 3 that it has received further commitments for financial and liquidity support from its two major shareholders. Volvo Cars is providing a principal amount of $800 million through an 18-month term loan,…
bubmagNovember 4, 2022