Peter Vercoe

Business, Technology

EV Maker Polestar Raises $550 Million From New Investors

Polestar staff cleans a concept car at the Beijing Auto Show. (Wang Zhao/AFP/Getty Images) Polestar staff cleans a concept car at the Beijing Auto Show. (Wang Zhao/AFP/Getty Images)

Polestar, the electric carmaker controlled by Volvo Car AB and its owner Zhejiang Geely Holding Group Co., has raised $550 million from new investors to help fund its growth.

Peter Vercoe | Bloomberg News
April 15, 2021