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

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

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

The decision by China’s Geely Auto to halt all car-building plants globally has raised questions over the future of its ...

Polestar plans to utilise the funds from this equity investment to meet working capital needs and for general corporate ...

Initially created as a partnership between Swedish automaker Volvo and giant Chinese auto conglomerate Geely in 2017 after ...