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

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 ...

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

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

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 ...

Amid subsidy criteria and ongoing global tariff conflicts, localised production in Europe and the US has become an ...

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

At an auto forum held in Chongqing, Geely Chairman and founder Li Shufu raised red flags over mounting production challenges ...

The global automotive industry is grappling with "serious overcapacity", according to Geely chairman and founder Li Shufu.