By Dominic Chopping STOCKHOLM Volvo Car will stop funding Polestar and could distribute its stake in the company to shareholders, as it moves to separate.
By Dominic Chopping STOCKHOLM Volvo Car said it won t provide further funding to Polestar, the electric-car maker it created with Volvo s Chinese owner Geely the latest EV retrenchment by.
By Dominic Chopping STOCKHOLM Volvo Car is evaluating reducing its shareholding in Polestar and will no longer provide further funding to the electric-car maker, it said Thursday. .