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Why Volvo has pulled the plug on its electric car brand

Volvo ends Polestar funding, as EV startup struggles

Polestar has an ambitious product rollout starting this year, so it could be a good time for Polestar to look for other funding as Volvo forges its own path.

Volvo To Stop Funding Polestar, Geely Might Take Over

Volvo is walking away on Polestar, pulling the plug on financing the sports carmaker which become a standalone brand in 2017

Volvo Cars 2023 profit increases by 43 percent to deliver a record year in the company s 97-year history

GOTHENBURG, Sweden, Feb. 1, 2024 /PRNewswire/ Full Year 2023             2023 revenue was SEK 399.3 bn            2023 operating income was SEK 25.6 bn            2023.

Volvo Car to Stop Funding Polestar, May Distribute Shares

Volvo Car to Stop Funding Polestar, May Distribute Shares
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