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Volvo to stop funding Polestar, hand control to Geely

10 months ago Auto paultan

Volvo is reportedly set to stop providing funding to Polestar and will transfer responsibility of the EV brand to Geely. According to Automotive News Europe, Zhejiang Geely Holding, the parent of both Swedish brands, will take on the funding for Polestar. The proposed deal will also see Geely taking over […]

The post Volvo to stop funding Polestar, hand control to Geely appeared first on Paul Tan's Automotive News.

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Tags : volvo funding polestar control geely

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