Volvo details exit from Polestar – will divest 62.7% of its shares to investors, maintain 18% stake
It’s never a good look when your own parent is looking to disown you to save your skin, but that’s exactly what’s happening to Polestar. The electric vehicle specialist will cease to receive funding from Volvo, which will hand its responsibility for the firm back to its own parent Geely. […]
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