Polestar Secures $200 Million Equity Investment and Prepares to Launch New Electric Vehicles
Swedish electric vehicle brand Polestar has gained a $200 million equity investment from PSD Investment, which is an existing investor and is controlled by Geely Holding Group Founder and Chairman Shufu Li. “Polestar intends to use the proceeds from the equity investment for working capital requirements and general corporate purposes,” the automaker said in a Monday (June 16) press release. The company manufactures … Continue reading Polestar Secures $200 Million Equity Investment and Prepares to Launch New Electric Vehicles
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