Polestar said on Monday it had secured a $200 million equity investment from major shareholder PSD Investment, a company ...

Swedish electric car manufacturer Polestar has announced a capital increase totalling 200 million US dollars. The money comes ...

Geely founder Li Shufu boosts stake to 66 per cent, supporting Polestar’s working capital as Volvo trims holding amid EV ...

Billionaire chairman says mainland China's second-largest carmaker will focus on improving technological capabilities Geely ...

Geely Chairman Li Shufu, shown at the Volvo Car annual general meeting April 3 in Gothenburg, Sweden, told staff at an ...

Geely's chairman and founder Li Shufu said on Saturday that the global automotive industry was facing "serious overcapacity" ...

Li Shufu is chairman of Geely Automobile Holding Co Ltd, a privately owned carmaker in China. The company, whose name means "auspicious benefit" in Chinese, began making cars in 1998. The carmaker ...

Li Shufu, CEO of Zhejiang Geely Holding Group, appeared at the Geekpark Innovation Meeting at 798 Art Zone in Beijing. He described future cars as: smart lives with souls, not simply piles of steel.

Chinese billionaire Li Shufu shook up the car industry with an eye-catching run of deals among traditional, European automakers that made his Zhejiang Geely Holding Group Co. a global force to be ...

Chinese billionaire Li Shufu’s Zhejiang Geely Holding Group Co. sold a $350 million stake in Volvo Car AB, responding to investor concerns about the automaker’s limited free float. Geely ...

Polestar secures a $200 million investment from Geely founder Li Shufu to help solidify its future amid tougher demand and ...