Polestar obtains over USD 1.6bn in funding

FutureStarr.com The Swedish electric performance car manufacturer Polestar has received a total of USD 1.6bn dollars for financial and liquidity support from its two major shareholders from its two main shareholders. Volvo Cars is providing USD 800mn principal amount 18-month term loan, with an equity conversion option for Volvo Cars. This loan amount is on par […] The post Polestar obtains over USD 1.6bn in funding appeared first on Electric Cars Report. FutureStarr.com
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