Polestar said on Monday it had secured a $200 million equity investment from major shareholder PSD Investment, a company ...

Swedish electric car manufacturer Polestar has announced a capital increase totalling 200 million US dollars. The money comes ...

Polestar secures a $200 million investment from Geely founder Li Shufu to help solidify its future amid tougher demand and ...

The Chinese automaker's chairman and founder Li Shufu has cautioned the industry about expansion amid a production glut.

Polestar plans to utilise the funds from this equity investment to meet working capital needs and for general corporate ...

Ferrari hits the brakes on building a second electric supercar, Europeans are losing interest in EVs faster than Americans.

Polestar will sell more than 190 million Class A shares to PSD Investment, a company controlled by Geely founder Li Shufu, giving the billionaire a combined total of 66 percent of the automaker.