Volvo announces it will stop injecting capital into Polestar and will transfer responsibility to Geely Auto – unwire.hk Hong Kong

Volvo announces it will stop injecting capital into Polestar and will transfer responsibility to Geely Auto – unwire.hk Hong Kong

2024-02-03 12:30:22 Polestar’s recent development has not been ideal. Following the previous announcement of layoffs, parent company Volvo announced earlier that it would stop providing financial support to Polestar, which can be said to be even worse. Volvo said that although they will no longer provide funds to Polestar, its parent company China Geely Automobile … Read more
You can read the full story here: Volvo announces it will stop injecting capital into Polestar and will transfer responsibility to Geely Auto – unwire.hk Hong Kong.

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