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 ...

Billionaire chairman says mainland China’s second-largest carmaker will focus on improving technological capabilities.

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

Amid subsidy criteria and ongoing global tariff conflicts, localised production in Europe and the US has become an ...

Polestar said on Monday it had secured a $200 million equity investment from major shareholder PSD Investment, a company controlled by Geely Holding founder Li Shufu. The Swedish electric ...

The global automotive industry is grappling with "serious overcapacity", according to Geely chairman and founder Li Shufu.

At an auto forum held in Chongqing, Geely Chairman and founder Li Shufu raised red flags over mounting production challenges ...

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