Banks throw Polestar $1 billion lifeline after China's Geely pledges to support its ailing EV maker fortune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fortune.com Daily Mail and Mail on Sunday newspapers.
Polestar said on
Wednesday it had raised a $950 million loan from a bank
syndicate, helping to fill a gap left when Volvo Cars said it
would stop funding the electric carmaker. Polestar.
Polestar Automotive (PSNY) Secures $1B External Funding, Confirms Guidance streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Polestar Automotive Holding UK PLC: Polestar secures USD 1 billion external funding; business outlook confirmed finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.